HERO MOTOCORP SELLS MORE THAN 14 LAKH MOTORCYCLES & SCOOTERS IN Q2 OF FY’22

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New Delhi, October 2021.

Signaling a positive consumer sentiment ahead of the festive season, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 14,38,623 units in the second quarter (July-September) of the fiscal year 2021-22.

The Company dispatched 530,346 units of motorcycles and scooters in the month of September 2021.

The growth in volumes on a sequential basis indicates a gradual recovery in the economy. Heading into the peak festive season, the company remains optimistic about the demand overthe coming months. Normal monsoon and the encouraging farm activityis likely to contribute towards positive customer sentiments. Increased pace of vaccination drives and the preference for personal mobility is also expected to lead to a swift revival in sales.

Keeping up its relentless efforts to support the government with COVID-19 relief measures, the company extended its initiatives to the government of Uttarakhand and Rajasthan by launching a unique welfare program to support the women and children of Covid-19 affected families. The company also handed over 13 ambulances with an aim to strengthen the health infrastructure in Uttarakhand.

Additionally, Hero MotoCorp presented over 70 motorcycles and scooters to the government of Haryana as part of the launch of Project ‘CoronaWarriors on Wheels’. These vehicles have been allocated to the health workers including doctors and medical staff for community service across the state.

During the month, Hero MotoCorp achieved another recognition from the Guinness World Record for creating the ‘Largest Online Photo Album ofPeople Planting Plants’.This is the second consecutive world record by Hero MotoCorp in quick succession after being recognized by Guinness World Records for creating the ‘Largest Motorcycle Logo’ in August 2021.

To honor the frontline healthcare warriors across the world, the Company announced an iconic global ride, ‘Ride for Real Heroes’. Scheduled to be flagged-off on October 2, 2021, the participating riders will distribute Covid-19 safety kits to the healthcare workers including doctors and medical personnel in 100 cities and towns across the world.

 

Sept’ 21

Sept’20

YTD FY’22

YTD FY’21

Motorcycles

       4,89,417

  6,60,948

       22,93,741

     22,07,055

Scooters

          40,929

     54,770

          1,69,389

       1,70,896

Total

       5,30,346

 7,15,718

       24,63,130

     23,77,951

Domestic

       5,05,462

  6,97,293

       23,06,514

     23,11,254

Exports

          24,884

     18,425

          1,56,616

          66,697