Hero MotoCorp sold more than 14 lakh units of motorcycles and scooters, in retail sales during the festive season that concluded last week. Despite the disruptions due to Covid-19 this year, the company registered 98% of the festive season volumes sold by the company in the previous year. The festive season also witnessed strong customer preference for Destini and Pleasure scooters. Hero MotoCorp claims the storm demand resulted in high double-digit growth for the two models. Hero MotoCorp claims that its market share has grown by more than 500 bps in the month of October.

Source: Mint November 18, 2020 14:03 UTC