Motorcycles and scooters manufacturer, Hero MotoCorp sold 6,79,091 units of motorcycles and scooters in October 2024.
The Company registered a growth of 18 per cent over the corresponding month of the previous fiscal when it sold 5,74,930 units in October 2023. This significant growth was primarily driven by robust demand from key urban and rural areas, particularly in the 100cc and 125cc segment during the festive period.
Hero MotoCorp’s electric vehicle brand, VIDA, achieved its highest-ever monthly dispatches, reaching 8,750 units in October 2024.
Hero MotoCorp has expanded its premium dealership network to over 50 “Premia” outlets in as many cities, aiming to reach 100 such outlets by March 2025. During the month, the company inaugurated nine Premia outlets in various cities across the country, making its premium portfolio more accessible to customers. These Premia dealerships feature dedicated sections for Hero MotoCorp, VIDA, and Harley-Davidson products under one roof.
Particulars | OCT’24 | OCT'23 | YTD FY’25 | YTD FY’24 |
Motorcycles | 635,787 | 529,341 | 3,492,877 | 3,099,029 |
Scooters | 43,304 | 45,589 | 241,054 | 245,001 |
Total | 679,091 | 574,930 | 3,733,931 | 3,344,030 |
Domestic | 657,403 | 559,766 | 3,598,069 | 3,240,956 |
Exports | 21,688 | 15,164 | 135,862 | 103,074 |