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Hero Motorcorp Ltd. (HMCL), Hero MotoCorp sold off 502,279 units in June 2013 recording a 5.95% fall in sales in comparison with corresponding month previous year. Sales were at 5, 34,091 units during June 2012.

The sales figures of Hero Motorcorp for the first quarter of financial year 2013-14 stood at 1,559,282 units as against 1,642,292 units in Q1 of FY 2012-13, marking a 5.1% decline in sales. The month of May remains to be the highest selling month for the first quarter of current financial year.

Mr. Anil Dua, the Senior Vice-President, Marketing & Sales of Hero MotoCorp, commented in an official statement. “The five-lakh despatch in the month of June comes close on heels of our record May sales. We continue to retail well with our star models riding high and new launches showing immense promise. . As regards the industry, market conditions continue to be sluggish. Early onset of monsoon is a positive sign that should improve market sentiment in the coming months.”

Source – ACG, Company