Hero MotoCorp, one of the world’s largest motorcycle and scooter manufacturers, sold 637,050 motorcycles and scooters in September 2024. The company has sold 3,054,840 units in YTD FY’25 (April-September 2024), showing a growth of 10% over the same period last year (April-September 2023) and continues to experience strong demand in the 100cc, 125cc and premium segments. The company also continued to expand its global business and recorded a significant growth of 30% in its YTD sales.
Positive sentiment prevails in the industry as we approach the festive season due to a good monsoon. Hero MotoCorp is all set to roll out a number of customer offers in line with the previous festive season across its wide and attractive portfolio.
The company has a strong pipeline of bookings and is witnessing an increase in customer footfall ahead of the festive season. The company expects good growth during the 32-day period starting October 3.
Hero MotoCorp has partnered with Thums Up in a significant collaboration to introduce the Maverick 440 Thunderwheels, a limited edition of its flagship motorcycle Maverick 440. Hero MotoCorp has carefully crafted this exclusive range of 300 motorcycles to offer riders an extraordinary journey on wheels. This motorcycle will be available only to customers who purchase Thums Up by November 31, 2024.
The company launched the new Hero Xtreme 160R 2V 2024 Edition in September at an attractive price of ₹ 1,11,111 across the country. It features a segment-first drag race timer and also features a new signature taillight and improved grip span at the rear, offering better comfort for pillion riders.
During this month, Hero MotoCorp completed the auction of 75 exclusive collector’s edition motorcycles, ‘The Centennial’. The company raised a total of ₹ 8.58 crore, with the highest bid reaching ₹ 20.30 lakh. The entire proceeds will be dedicated to support charitable initiatives.
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