Hero MotoCorp surpasses expectations, sells 4.36 lakh units in June
Delhi : Hero MotoCorp, a major two-wheeler manufacturer, sold 436,993 units in June. This represents a modest reduction from the 484,867 units sold during the same period the previous year. Despite this drop, the organization is confident about an improvement in industry volumes during the forthcoming holiday season. The arrival of the monsoon season in several parts of the country, together with strong economic data, predicts an increase in demand.
Sales of Motorcycles and Scooters
Hero MotoCorp had a modest decrease in motorcycle sales in June, with 404,474 units sold compared to 461,421 units sold in the same month the previous year. However, scooter sales increased slightly, with 32,519 units sold in June 2022 compared to 23,446 units in June 2022.
Hero MotoCorp's total domestic sales fell to 422,757 units in March, down from 463,210 units the previous month. The company also saw a decrease in exports, with 14,236 units shipped, down from 21,657 units the previous year.
Future Launches and Expansion
Hero MotoCorp has a slew of new product launches planned for the rest of the year. The X440, the company's first co-developed premium motorbike with Harley-Davidson, is one of the most anticipated debuts. The event is set to take place today at Jaipur's Hero Centre of Innovation and Technology (CIT). Hero MotoCorp also intends to extend its foothold in the premium segment.
The company recently debuted the Xtreme 160R 4V, a motorcycle featuring smart and connected capabilities as well as better control. The Xtreme 160R 4V comes in three models: standard, connected 2.0, and pro with upside down forks.
The release of HF Deluxe and Passion+
Hero MotoCorp announced a new range of its popular 100cc motorcycles, the HF Deluxe and Passion+, as part of its commitment to providing varied options. The addition of four new stripes to the HF Deluxe's overall dynamic design gave it a striking makeover. The HF Deluxe Canvas Black Edition prioritizes safety and convenience with expanded functionality. The new Passion+, on the other hand, has a more youthful style and increased rider comfort.
With these advancements, Hero MotoCorp hopes to overcome the recent sales dip and continue to provide customers with unique and tempting solutions.
