 "Not really a happy Diwali: Hero MotoCorp sales decline 8% in October")
New Delhi - The country’s largest two-wheeler maker Hero MotoCorp today reported 8.05 percent decline in its sales in October to 5,75,056 units. The company had sold 6,25,420 units of two-wheelers in October 2013.
The company said it clocked sales of over 10 lakh two-wheelers during the 37-day festival period, which started on 25 September (first day of Navratras) and lasted until 31 October 2014.
Hero MotoCorp said it has lined a total investment of over Rs 5,000 crore across the globe, including manufacturing plants in Colombia and Bangladesh, and the new plants coming up at Gujarat and Andhra Pradesh and the Hero Global Centre for Research & Design at Kukas in Rajasthan.
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