Advertisement

Hero Motocorp Reports 14% Hike In November Sales

The company reported a robust double-digit growth of 14.4% over the corresponding month of the previous year (November 2019), when the company had sold 516,775 units.

Hero MotoCorp Ltd has said that it registered sales of 591,091 units of motorcycles and scooters in November 2020.

Hero MotoCorp reported a robust double-digit growth of 14.4% over the corresponding month of the previous year (November 2019), when the company had sold 516,775 units.

Hero MotoCorp has led the revival in the two-wheeler industry this year and this was witnessed in the record retail sales that the company registered in the recently concluded festival period.  More than 14 lakh units were retailed in the 32- day period starting from Navratras till Bhai-Duj.

The strong growth in sales has seen the company further strengthening its market leadership across motorcycle and scooter category, signaling the strong faith that Indian buyers continue to show for the most trusted brands.

The company has been continuously ramping up supply and production across its manufacturing units to cater to the increased demand. Hero MotoCorp believes that the growth in personal mobility post Covid-19 restrictions will further strengthen the demand for two-wheelers. The company intends to further strengthen its product portfolio, as well as consumer offerings to ride this wave further.

 

Nov’20

Nov’19

YTD FY’21

YTD FY’20

Motorcycles

541,437

479,434

34,80,990

43,07,141 

Scooters

49,654

37,341

294,900

343,222

Total

591,091

516,775

37,75,890

46,50,363

Domestic

575,957

505,994

36,78,348

45,34,499

Exports

15,134

10,781

97,542

115,864 



Tags assigned to this article:
hero motocorp sales Sales Report

Advertisement

Around The World