Two-wheeler major Hero MotoCorp on Monday reported a year-on-year (y-o-y) decline of 8 per cent in domestic wholesales (dispatches to dealers) at 6,04,829 units in October, compared to 6,57,403 units in the corresponding month last year.

However, the company said it ended the festival period on a high note, recording retail sales (direct to customers) of 9,94,690 units.

“The positive performance reflects sustained festive momentum and renewed customer confidence, further supported by favourable market conditions, including GST benefits. During the month, the company also successfully entered the European markets – Italy, Spain, the UK, France, with globally benchmarked Euro5+ compliant models, led by Hunk 440 and Xpulse 200,” the company said.

With its presence in 52 countries and five

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