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Hot Pursuit News

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(02 Jul 2024, 10:40)

Hero MotoCorp total sales jumps 15% YoY in June'24

The two-wheeler major sold 5,03,448 units of motorcycles and scooters in June 2024, which is higher by 15.20% as compared with sales of 4,36,993 units recorded in June 2023.

While the company’s motorcycles sales rose by 16.99% to 4,73,228 units, scooters sales dropped 7.06% to 30,220 units in June 2024 over June 2023.

During the period under review, sales of motorcycles and scooters in the domestic market aggregated to 4,91,416 units (up 16.24% YoY) while exports of the same was at 12,032 units (down 15.48% YoY).

For the quarter ended June 2024, the company’s total sales grew by 13.5% to 15.35 lakhs units as compared to 13.52 lakh units sold in the corresponding period last year.

Hero MotoCorp said that it will be expanding its EV portfolio with new products in the mid and mass segments this fiscal. The company registered an impressive growth of 44% in its global business sales during Q1 FY25, on the back of the expansion of Nepal operations, g...

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