Hero MotoCorp logs highest-ever monthly sales in October, sells 8 lakh units

Cars

Hero MotoCorp reported its highest-ever monthly sales at 8,06,848 units in October 2020, witnessing a growth of 34.64 percent over the year-ago month. The two-wheeler manufacturer sold approximately 5,99,248 units in October 2019.

In October 2020, Hero MotoCorp sold 7,32,498 parts of motorcycles and 74,350 units of scooters. Throughout the month into consideration, the motorbike sales were 32.54 percent above 5,52,672 units sold in October 2019, whereas the scooter sales were 59.63 percent higher than 46,576 units sold in October 2019.

Among the popular motorcycles sold by Hero MotoCorp in Asian nation square measure the Splendor+, Splendor iSmart, Super Splendor, HF Deluxe, Passion professional, Glamour, Xtreme 160R, Xpulse 200, Xpulse 200T, and Xtreme 200S. The corporation sells scooters just like the Pleasure, master Edge a hundred and ten, master Edge a hundred twenty-five, and Destiny a hundred twenty-five.

The domestic sales of Hero MotoCorp jumped 34.78 % to 7,91,137 units in October 2020 from 5,86,988 units in October 2019. The company’s export sales climbed 28.15 percent to 15,711 units in October 2020 from 12,260 units in October 2019.

“A positive turnaround in client sentiments significantly for motorcycles across markets, continued government policy support, and a reputable start of the availability chain, logistics, and business operations have enabled the corporate to attain record numbers throughout the auspicious merry amount,” the corporate aforementioned during a statement.

Hero MotoCorp launched the Splendor+ Black and Accent, Glamour Blaze, Pleasure noble metal, and master Edge a hundred twenty-five stealing in October 2020. In October 2020, Hero MotoCorp proclaimed that it’d sell Harley-Davidson motorcycles in Asian nations under a contract. Hero MotoCorp also will develop and sell a spread of premium motorcycles beneath the Harley-Davidson brand beneath a deal.

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