Hero MotoCorp Sales dip after Demonetarization in India   [ India ]

Hero MotoCorp Ltd. reported that its sales in November 2016 down by 12.9% y/y to 479,856 units versus 550,731 units sold in November 2015. After posting record festive sales this year, Hero MotoCorp saw a drop in retail sales after the demonetization initiative when the entire industry also witnessed decline in sales. Hero MotoCorp informed that it has taken several initiatives immedi...
<Dec 02, 2016>