New Delhi, August, 2021.
Hero MotoCorp, the world’s largest
manufacturer of motorcycles and scooters, sold 454,398 units of two-wheelers in July
2021.
Most of the retail touch-points of the company are operational
across the country, although localised lockdowns imposed by certain states in
the wake of sporadic coronavirus cases continue to restrict the customer
movement.
India’s rural economy and semi-urban market is expected to
bounce back on the hopes of good monsoon and customers’ preference for personal
mobility.
Hero MotoCorp continues to monitor the on-ground situation and
remains optimistic about continuously improving consumer sentiment in the
coming months with the onset of the festive season.
The beginning of second quarter saw the company strengthening
its 125cc segment with the launch of two new products – the popular motorcycle Glamour
in ‘Xtec’ avatar andan advanced, ‘connected’, and feature-rich new Maestro Edge
125 scooter.
In keeping with its aggressive expansion plans in its global
business, Hero MotoCorp also commenced retail sales in the key market of
Mexico. The Company introduced an extensive portfolio of products, including
motorcycles and a scooter, thereby catering to the diverse segments of customers.
These include popular motorcycles such as the Xpulse 200, Xpulse 200T, Hunk
190, Hunk 160R, Hunk 150, Eco 150 TR, Eco 150 Cargo, and Ignitor 125, and the
Dash 125 scooter.
In keeping with its ongoing Covid-19 relief initiatives, the
company also extended its support towards the creation of a 50-bed COVID Ward
and ICU at the Janakpuri Super Specialty Hospital, New Delhi.
|
July’ 21 |
July’20 |
YTD FY’22 |
YTD FY’21 |
Motorcycles |
4,24,126 |
4,84,260 |
13,83,715 |
10,08,439 |
Scooters |
30,272 |
35,844 |
95,190 |
76,330 |
Total |
4,54,398 |
5,20,104 |
14,78,905 |
10,84,769 |
Domestic |
4,29,208 |
5,12,541 |
13,69,915 |
10,52,278 |
Exports |
25,190 |
7,563 |
1,08,990 |
32,491 |