Hero Motocorp Auto sales update
- In a market environment that continues to be volatile, Hero MotoCorp sold 514,509 units of motorcycles and scooters in July 2020.
- The Company registered a sequential growth of 14% over the previous month (June 2020) and reached more than 95% of wholesale dispatch numbers of the corresponding month in the previous year (July 2019).
- In keeping with its vision to “Be the Future of Mobility”, Hero MotoCorp made an additional investment of Rs. 84 crore (US$11million) in Ather Energy, taking up its shareholding in the Company to 34.58%, up from 31.27%.