Hero sales October 2020: Hero has broken all its previous records of sales in one month. Scooters also witnessed interest…
The country’s largest 2-wheeler manufacturer – Hero MotoCorp has registered an emphatic month of October. The two-wheeler major broke all its previous records by registering sales of over 8 Lac units in the complete month. Here is that magical number…
Hero Sales October 2020
|Hero 2-wheeler sales||8,06,848 units|
This is the highest number of 2-wheelers Hero ever sold in one month. These figures are whopping 35 percent higher than the last October wherein the maker registered total sales of 5,99,248 units – a gain of 2,07,600 two-wheelers.
Out of this consolidated number, it dispatched 7,91,137 of its two-wheelers in the domestic market (against 5,86,988 units in October 2019) and the rest 15,711 units were exports (versus 12,260 exports in last October).
Breaking total sales – Hero gained a significant market share in motorcycles as it sold 7,32,498 units in the last months (versus 5,52,672 motorcycles in October 2019). The good news for the brand is that it also managed to see a hike in scooter’s numbers (74,350 vs 46,576 units) which has been its Achilles Heel so far!
Hero Making High Powered Motorcycle – ‘eUS’ Concept
Hero attributes this growth to positive customer sentiments, government’s policy support along with resumption of its supply chain and logistics that have helped operations. It also iterates that its dealerships will now have adequate inventories to cater to the heavy festive demand.
Interesting: Harley Deal Allows Hero to ‘Develop’ Premium Motorcycles
In this month of October, Hero introduced special variants of Maestro Edge 125, Glamour, Splendor and Pleasure. It also announced the landmark decision of collaboration with American behemoth Harley Davidson (more details).
Note – All sales figures mentioned in this story are official dispatch numbers from the company’s factories…