MUMBAI : Hero MotoCorp Ltd, India’s largest two-wheeler manufacturer, assured its dealer principals on Saturday to absorb its entire unsold BS IV compliant inventory comprising of motorcycles and scooters, three people aware of the matter told Mint.
In video-conference meeting with all company dealer principals on Saturday, Pawan Munjal, chairman, Hero MotoCorp assured that the company will take care of the unsold BS IV stock. “He made a powerful statement addressing his dealers in the meeting earlier today.
The meeting saw 100% attendance of all Hero dealers. The chairman said that nobody should worry about the BS IV stock and that the teams will reach out to us soon," a Hero dealer said, requesting anonymity.