Hero MotoCorp June dispatches dip 2.3% as domestic sales soften, exports grow

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Hero MotoCorp saw a slight dip in June wholesale dispatches, primarily due to weaker domestic sales, though exports surged significantly. While motorcycle sales declined, scooters experienced robust growth. The company's electric mobility arm, VIDA, also showed impressive gains. Despite the monthly slowdown, Hero MotoCorp kicked off the financial year strongly with a substantial 23% rise in first-quarter dispatches, driven by demand across its diverse product range.