Hero MotoCorp reports a 3.14% decline in sales in January 2021

On Monday, two-wheeler major Hero MotoCorp reported a 3.14 percent decline in total sales to 4,85,889 units in January.

Watch Dr. Pawan Munjal delivering the opening address BML Munjal Awards 2020 LIVE. https://t.co/pU60hF0bpf #BMLMunjalAwards2020

— Hero MotoCorp (@HeroMotoCorp) January 29, 2021

Tvesa Malik joins the #100MillionHeroes celebrations and talks about how this landmark is better than par for the course! pic.twitter.com/hoLmTxuRfh

— Hero MotoCorp (@HeroMotoCorp) January 27, 2021

The company had sold a total of 5,01,622 units in the same month last year, Hero MotoCorp said in a statement.

The thrill, the excitement, the challenge! Jaipur experienced a pure Moto GP race for the first time ever, with 247 riders taking part in XTracks Urban! #Xtreme160R pic.twitter.com/NZ0JJaiEj2

— Hero MotoCorp (@HeroMotoCorp) January 29, 2021

Domestic sales were at 4,67,776 units as against 4,88,069 units in January last year, down 4.15 percent, it added.

A Hero making every Indian proud as; Hero to hit 200-million unit target before 2030: Pawan Munjal.@siamindia @ACMAIndia @RealNabeelKhan @HeroMotoCorp @TataMotors @bharatendukabi @Mahindra_Auto @bajaj_ltd @tvsmotorcompany @DTaumar https://t.co/H8KjPOppVI
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— Chanchal Pal Chauhan (@Motoringmind) January 26, 2021

Nevertheless, exports were up at 18,113 units compared to 13,553 units in the same month last year, the company said.

On January 21, 2021, the company said it outperformed the substantial milestone of 100 million (10 crores) units in total production.

Last month, Hero MotoCorp said it came into a distribution pact with Grupo Salinas, founded by Mexican entrepreneur Ricardo Salinas to establish a distribution network globally to sell competitive, high-quality products in the vast Mexican market.

The company will introduce nine products across different sections in the country.