Hero MotoCorp's June sales rises 1.32% to nearly 5.5 lakh units

New Delhi: Country’s largest two-wheeler maker Hero MotoCorp today reported 1.32 percent increase in sales at 5,49,533 units in June. [caption id=“attachment_1078659” align=“alignleft” width=“380”]  Reuters[/caption] The company had sold 5,42,362 units in June 2015, Hero MotoCorp said in a statement. Supported by growth across multiple segments, it sold 17,45,389 units in the first quarter of the current fiscal as against 16,45,543 units in the year-ago period in spite of subdued rural demand and fewer marriage dates, it added. The two wheeler major said: “The company will soon introduce Splendor iSmart 110 motorcycle in the market the first motorcycle to have been completely developed by the in-house R&D team at Hero MotoCorp.” With the implementation of the 7th Pay Commission and the forecast of an above-average monsoon, the company is cautiously optimistic about a pick-up in sales momentum, it the statement said.