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Hero MotoCorp, India's largest manufacturer of motorcycles and scooters reported a drop of 40% in sales for the month of November. In a statement released to the exchanges Hero Moto said it sold 3.49 lakh vehicles vs 5.91 lakh vehicles in the same month last year. According to the company, delay in harvesting due to the late withdrawal of monsoon in many parts of the country, impacted the demand after the festive season. But the management remains optimistic stating "With the economy gradually opening up coupled with several other positive indicators, such as encouraging farm activity, confident consumer index and marriage season, a swift revival in sales is expected in the fourth quarter." It is not just Hero that has hit a speed bump in sales, competitor Bajaj also reported a fall in sales for November, though a smaller one with a 10% drop. While south based TVS Motor reported a 29% drop in it's 2 wheeler sales as well. 

Hero Moto sales skid 40% in November, brakes slammed on two wheeler sales 

Slide in sales for 2 wheelers

<ul>
<li>Hero MotoCorp sales drop down&nbsp;in November 2021</li>
<li>Hero Motocorp's&nbsp;two-wheeler sales fall 40.9% YoY&nbsp;in Nov</li>
<li>'Delay in harvesting due to late withdrawal of monsoon impacted demand'</li>
<li>TVS, Bajaj two-wheeler sales also down significantly in November</li>
</ul>
<ul>
<ul>Hero Moto sales drop sharply in November, down 40%</ul>
</ul>
&nbsp;
<ul>
<ul>Hero Moto&nbsp;sales drop to 3.49 lakh&nbsp;units in November&nbsp;</ul>
</ul>
&nbsp;
<ul>
<ul>Hero: delay in harvesting, unseasonal rains hit demand</ul>
</ul>
&nbsp;
<ul>Bajaj&nbsp;Auto sales down 10%, TVS&nbsp;Motor 2 wheeler sales down 29% in November&nbsp;</ul>

Hero:&nbsp;Delay in harvesting due to the late withdrawal of monsoon which impacted the demand post-festive season

Hero MotoCorp, India's largest manufacturer of motorcycles and scooters reported a drop of 40% in sales for the month of November. In a statement released to the exchanges Hero Moto&nbsp;said it sold&nbsp;3.49 lakh&nbsp;vehicles vs 5.91 lakh&nbsp;vehicles in the same month last year.&nbsp;
Also watch |&nbsp;<a title="You can now be able to book an Uber via WhatsApp" href="https://www.editorji.com/business-news/you-can-now-be-able-to-book-an-uber-via-whatsapp-1638427502712">You can now be able to book an Uber via WhatsApp</a> According to the company, delay in harvesting due to the late withdrawal of monsoon in many parts of the country, impacted the demand after the festive season. But the management remains optimistic stating "With the economy gradually opening up coupled with several other positive indicators, such as encouraging farm activity, confident consumer index and marriage season, a swift revival in sales is expected in the fourth quarter."&nbsp; It is not just Hero that has hit a speed bump in sales, competitor Bajaj&nbsp;also reported a fall in sales for November, though a smaller one with a 10% drop. While south based TVS&nbsp;Motor reported a 29% drop in it's 2 wheeler sales as well.&nbsp;

Localised lockdowns&nbsp;and rising covid&nbsp;cases has started to show it's impact on corporate India. Auto sales from commercial vehicles to scooters have seen a big slump here are the highlights-:

Ashok Leyland&rsquo;s&nbsp;volumes dropped 52% MoM to 8.3k units
Tata Motors&rsquo; domestic CV segment volumes slumped 61% MoM&nbsp;
Maruti Suzuki sales reported a marginal 4% decline vs March at 1.6 lakh units. This drop was arrested due strong exports performance
Hyundai&nbsp;posted 8% MoM drop in domestic volumes at 59.2k units
Hero MotoCorp&nbsp; has reported sales of 3.7 lakh&nbsp;units, down 35% MoM


Covid hits the brakes on Motown, Auto sales slump in April

Auto sales from commercial vehicles to scooters have seen a big slump as localised lockdowns&nbsp;due to the covid&nbsp;surge starts to show it's impact on economic activtiy.&nbsp;

<ul>
<li>Auto sales slide in April due to covid&nbsp;resurgence and localised lockdwons&nbsp;</li>
<li>Ashok&nbsp;Leyland&nbsp;sales of trucks and buses halve vs sales in March&nbsp;</li>
<li>Tata&nbsp;Motors CV volumes down 61% vs the previous month</li>
<li>Maruti sees a 4% decline in as surge in exports moderates domestic hit</li>
<li>Hyundai sales drop 8%, Hero Moto sees volumes down 35% vs March</li>
</ul>

Localised lockdowns&nbsp;and rising covid&nbsp;cases has started to show it's impact on corporate India. Auto sales from commercial vehicles to scooters have seen a big slump here are the highlights-:
<ul>
<li>Ashok Leyland&rsquo;s&nbsp;volumes dropped 52% MoM to 8.3k units</li>
<li>Tata Motors&rsquo; domestic CV segment volumes slumped 61% MoM&nbsp;</li>
<li>Maruti Suzuki sales reported a marginal 4% decline vs March at 1.6 lakh units. This drop was arrested due strong exports performance</li>
<li>Hyundai&nbsp;posted 8% MoM drop in domestic volumes at 59.2k units</li>
<li>Hero MotoCorp&nbsp; has reported sales of 3.7 lakh&nbsp;units, down 35% MoM</li>
</ul>

Hero Maestro Edge 110 BS6 Launched In India

Hero MotoCorp has revealed prices of the BS6 Maestro Edge 110 scooter. The drum brake VX variant is priced at Rs. 60,950 while the alloy wheel model is priced at Rs. 62,450. All prices are ex-showroom, Delhi. Hero has begun taking registrations for the test ride of the scooter. The Maestro Edge 110 BS6 now gets a 110 cc single-cylinder, air-cooled engine with fuel injection. The motor develops 8 bhp and 8.75 Nm, while paired with a CVT unit. The BS6 version also brings new features including new graphics, side-stand indicator, USB port, external fuel filler and a combination lock. The new Maestro Edge 110 BS6 is offered in six colours.

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