Hero MotoCorp registers 15% growth in April 2016

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Hero MotoCorp registers 15% growth in April 2016

India’s and World’s largest two-wheeler manufacturer, Hero MotoCorp Ltd (HMCL) has kicked off the new financial year (FY) 2016-17 with robust six-lakh plus sales and double digit growth in the month of April.

Hero MotoCorp Sales Report – April 2016

Sustaining its performance trajectory in the past few months, Hero comfortably sold 612,739 units of two-wheelers in April, registering a sturdy double-digit growth of 15% over the corresponding month last year when the company had sold 533,305 units.

Having grown by 13.6% and 14% in February and March respectively, this is the third consecutive month of double digit growth for Hero MotoCorp.

In addition to maintaining its leadership in the 100cc segment, Hero has also been further consolidating its leadership in the 125cc segment, driven particularly by the best-selling motorcycle ‘Glamour’, which grew by 23% in the last financial year (FY’16).

Hero MotoCorp has also been steadily stregthening its market share in the scooter segment, driven largely by the positive customer response to its two new launches – Maestro Edge and Duet.

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Author: Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to reach@gaadikey.com for any enquiries. Follow me on twitter and facebook as well!

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