Company’s scooter sales slumped 44 percent in FY20 to 402,676 units, much higher than the 17 percent fall recorded by the industry. Its poor performance led to it losing the third position to Suzuki in FY20. Hero most likely to focus on the fast-growing 125cc scooter segment now.Hero MotoCorp aims to grab one-fifth of scooter market; launches planned around Diwali
Company’s scooter sales slumped 44 percent in FY20 to 402,676 units, much higher than the 17 percent fall recorded by the industry. Its poor performance led to it losing the third position to Suzuki in FY20. Hero most likely to focus on the fast-growing 125cc scooter segment now.
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