Hero Motocorp Registers A 32% Degrowth With 547,970 Units In Oct’21
Hero MotoCorp, reports sales of 547,970 units of two-wheelers in October 2021 compared to 530,346 units in September 21 a 3.3% jump. Meanwhile, in October last year Hero MotoCorp had one of the highest ever sales in a single month with 806,848 units, compared to Oct’20, the two-wheeler manufacturer has seen 32% degrowth in Oct’21.
Hero MotoCorp introduced a range of new two-wheelers during the month of October. The Company has brought two exciting additions to its ‘X’-range of the premium portfolio - the Xtreme 160R Stealth Edition and XPulse 200 4 Valve. The Company’s scooter range also got a festive cheer with the new Pleasure+ XTec.
With international markets gradually opening up, Hero MotoCorp has also accelerated its global expansion plans. During the month, the Company inaugurated its new exclusive dealership in Dubai, further strengthening its presence in the United Arab Emirates (UAE).
Oct’ 21 | Oct’20 | YTD FY’22 | YTD FY’21 | |
Motorcycles | 5,05,957 | 7,32,498 | 27,99,698 | 29,39,553 |
Scooters | 42,013 | 74,350 | 2,11,402 | 2,45,246 |
Total | 5,47,970 | 8,06,848 | 30,11,100 | 31,84,799 |
Domestic | 5,27,779 | 7,91,137 | 28,34,293 | 31,02,391 |
Exports | 20,191 | 15,711 | 1,76,807 | 82,408 |
