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Hero MotoCorp sales down 26% in September

 

The country's largest two-wheeler maker Hero MotoCorp today reported sales of 4,04,787 units in
September, registering a decline of 26.35 per cent.
 
The company had sold 5,49,625 units in September 2011, Hero MotoCorp said in a statement.
 
Commenting on its numbers, Hero MotoCorp Senior Vice President (Marketing and Sales) Anil Dua said: "The sales number of September reflects the prevailing market sentiment in the automobile industry.
 
"The upcoming festive season is expected to improve the overall disposition of the market, and we expect the industry to get back on the growth path with the festive season demand coming in."
 
The company has a comprehensive marketing and customer engagement plan lined up for the festive season in October and November and has ensured sufficient stocks across dealerships to meet the expected market demand, he added.