Hero MotoCorp has announced their sales figures for July 2014 which show an increase of nine per cent in comparison to the same period last year. The company sold 5,29,862 units in July when they had sold 4,87,545 two-wheelers in the same month last year.
Hero MotoCorp continues to be the market leader in the Indian market as the company has achieved good success in keeping up the sales numbers. In the first quarter of this financial year (2014-15), the manufacturer sold 17,15,129 units of two-wheelers as compared to 15,59,282 units in the previous fiscal. This 10 per cent increase showed the highest-ever quarterly sales for the manufacturer.
It is not just the domestic sales domain where the manufacturer has achieved great success, but Hero MotoCorp has expanded sales overseas as well. The company is currently setting up its wholly-owned subsidiary in Colombia –‘HMCL COLOMBIA SAS’. The construction of its state-of-the-art manufacturing plant in Colombia has begun and this will mark Hero MotoCorp's entry into Latin America. It will then also become the first company to have a manufacturing plant in that region.
Right from unveiling a slew of products at the Auto Expo to the recent launches of 2014 Xtreme, Karizma and ZMR, the company has an extensive plan for this year. The company will launch three more products soon, which includes the Xtreme Sports, the Splendor Pro Classic and the Passion Pro TR, which has already been dispatched to some dealerships.
