Hero MotoCorp recently announced here that it is going to increase the prices of its vehicles from today. In such a situation, now the company’s sales figure has come, where it has got benefit in motorcycle and scooter sales.
Hero MotoCorp on Thursday announced that it has sold 4.6 lakh units of motorcycles and scooters in the month of June, taking the figures for the first quarter of FY22 to over one million. With the easing of lockdown restrictions, Hero MotoCorp expects sales to strengthen even further in the coming months. The two-wheeler sector in the Indian auto industry is considered by many as the strongest bounce back from the impact of the second wave of Covid-19.
On the other hand, OEMs are reporting a positive trend for the two and four wheeler segment in the month of June. Hero MotoCorp managed to reach the top gear here. The world’s largest manufacturer of motorcycles and scooters sold 4.41 lakh units of motorcycles in June and 27,624 units of scooters last month. In the same month last year, this figure was 4.18 lakh and 33,842.
Let us tell you that here June 2021 and June 2021 cannot be compared. Because this time due to the lockdown rules, automobile companies had to suffer a lot and had to close their plants. But the fact that sales are booming once again for the auto sector.
With demand slowing down and festive months ahead, Hero MotoCorp expects even better performance and informs that ‘almost all’ customer touchpoints are now operational. A third wave of the pandemic is a possibility and most OEMs will continue with the cautious portion with cautious optimism.
prices have increased
Hero MotoCorp has announced another price hike for its products. The company recently informed through a press release that it will increase the ex-showroom prices of its bikes and scooters with effect from July 1, 2021, starting next month. Hero MotoCorp says that the price hike has become necessary to partially offset the impact of the continuous rise in commodity prices.
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