New Delhi, October 2024.
Hero MotoCorp, the world’s
largest manufacturer of motorcycles and scooters, sold 637,050 units of
motorcycles and scooters in September 2024.
The company has sold 3,054,840
units in YTD FY’25 (Apr-Sep’24), translating into a 10% growth over the same
period last year (Apr-Sep’23)and continues to experience strong demand across
the 100cc, 125cc, and premium segments.
The Company also continued
to expand its global business and registered a remarkable growth of 30% in its
YTD sales.
A positive sentiment is prevalent
in the industry as it approaches the festive season on the back of a good
monsoon.Hero MotoCorp is geared up with a host customer offers, in line with
previous festive periods, across its wide and attractive portfolio.
The company has a strong
pipeline of bookings andis experiencing increased customer footfall leading
upto the festive season.It expects healthy growth during the 32-day period
starting from October 3.
In a significant collaboration,
Hero MotoCorp teamed up with Thums Up to present the Mavrick 440 Thunderwheels,
a limited edition of its flagship motorcycle, the Mavrick 440. Hero MotoCorp
has meticulously crafted this exclusive series of 300 motorcycles to provide
riders with an exceptional journey on wheels. This motorcycle will be
exclusively available to customers who purchase a Thums Up until November 31,
2024.
The company launched the
new Hero Xtreme 160R 2V 2024 Edition in September at an attractive price of INR
1,11,111 across the country. It features the segment-first drag race timer and also
boasts a new signature taillight and enhanced rear grip span for improved
comfort for pillion riders.
During the month, Hero
MotoCorp concluded the auction for 75 exclusive collector’s edition
motorcycles, ‘The Centennial’. The company raised a total of ₹8.58 crores, with
the highest bid reaching ₹20.30 lakhs. The entire proceeds will be dedicated to
supporting charitable initiatives.