Hero MotoCorp’s total sales fell 6.36% year-on-year in 2017
In November 2024, Hero Motorcycles sold a total of 460,000 units, a year-on-year decrease of 6.36%. Sales were down 31,245 units from last year's 491,000 units. Among them, motorcycle sales fell by 3.49% year-on-year. For reference, Hero sold a total of 426,000 motorcycles last month, 15,420 units less than the 441,000 units sold in November last year. Despite the decline in overall sales, motorcycles remain Hero Motorcycles' dominant segment, accounting for 92.62% of the market share. However, the month-on-month decrease was more obvious, reaching 33.02%. Also read: Hero Vida V2 launched in India at Rs 96,000; available in three variants Hero MotoCorp November 2024 sales: More highlights Similar to motorcycles, Hero MotoCorp's scooter sales have also fallen sharply. Sales volume was 33,949 units, a decrease of 31.79% from 49,774 units in the same month last year. Sales fell by 21.60% month-on-month, down from 43,304 units in October 2024. Returning to overall sales (motorcycles and scooters), while Hero’s domestic sales fell…
Hero MotoCorp records highest ever festive sales, up 13% year-on-year
Hero MotoCorp reported record-high festive sales in October, up 13% year-on-year. The company sold more than 1.598 million units during the period, setting a new record. This strong performance highlights the continued demand for the Hero range of motorcycles and scooters during the festive season. The increase in sales reflects the brand's market strength and positive consumer sentiment in October. Hero MotoCorp's good sales figures demonstrate its ability to meet customer demand and maintain its leadership position in the Indian two-wheeler market, setting the company up well for continued growth in the coming months. Also read: EICMA 2024: Updated Hero Mavrick 440 launched with gold USD fork, new color options and more Hero MotoCorp Sales Data: October 2024 Hero MotoCorp attributed its strong sales performance to surge in demand in urban and rural markets during the festive season, which is the peak period for car sales in India. As mentioned earlier, generally positive consumer sentiment played a large role in…
Hero MotoCorp’s sales in August increased by 5% year-on-year;
Hero MotoCorp has revealed that its wholesale sales in August 2024 grew 5% year-on-year to over 5.12 lakh units. In comparison, the two-wheeler maker sold around 4.89 lakh units to dealers in August last year. According to the brand, its domestic sales rose to around 4.92 lakh units from around 4.73 lakh units in the same period last year. The company said supply shortages slightly impacted sales in August but will make up in September. On the export front, exports surged from 15,770 units in August 2023 to 20,097 units last month. Meanwhile, Hero MotoCorp is gearing up to step up sales for the upcoming festive season, which is expected to see strong growth. "With the expected accelerated recovery in the rural market, growth in the 125cc market, new launches in scooters and strong investments in strong brands, the company expects to outperform the industry," the company said. Also read: TVS Jupiter 110 vs Hero Pleasure Plus Specifications Comparison: What’s…
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