Hero MotoCorp Sales Drop 29% in February

New Delhi:

Hero MotoCorp has reported a significant 29 percent drop in total wholesale sales as it sold 3,58,254 units in February. According to a statement from the company, 5,05,467 units had been shipped in the corresponding period last year.

Domestic sales also fell 31.57 percent to 3,31,462 units last month, compared to 4,84,433 units in February 2021.

Motorcycle sales last month were 3,384,454 units, compared to 4,63,723 units in the same month last year.

Scooter sales also fell to 19,800 units, from 41,744 units in the same month last year.

However, exports increased to 26,792 units last month, from 21,034 units in February 2021.