)
Hero Moto Corporation Ltd. (HMCL), the world's largest two-wheeler manufacturer, clocked 4,87,580 units of two-wheelers in despatch sales in the month of July.
The company had sold 5,29,862 units in the corresponding month last year.
The retail sales of Hero MotoCorp continue to be better than despatches. The industry expects the good monsoon and the oncoming festive season to revive sentiments and bring buoyancy in the market.
Hero MotoCorp recently introduced two new motorcycles - the 150cc Xtreme Sports and 100cc Passion PRO, both of which have received very positive response from customers across the country.
The company is also gearing up to launch more new products in the months leading up to the festive season.
