Two-Wheeler Sales February 2021: Hero MotoCorp Despatches Over 5 Lakh Units


Motorcycle gross sales of Hero MotoCorp accounted for 4,63,723 models in February 2021, whereas scooter gross sales accounted for 42,744 models.

Hero MotoCorp‘s general two-wheeler gross sales in February 2021, crossed 5 lakh models, registering a development of 1.45 per cent over gross sales in the identical month a 12 months in the past. In all, Hero despatched 5,05,467 two-wheelers in February 2021, in comparison with 4,98,242 two-wheelers in the identical month a 12 months in the past. Domestic market gross sales accounted for 4,84,433 models in February 2021, in comparison with 4,80,196 models in the identical month a 12 months in the past. Hero MotoCorp’s exports accounted for 21,034 two-wheelers, a 21 per cent development, in comparison with 18,046 two-wheelers exported in February 2020.

Also Read: Hero MotoCorp Q3 Net Profit Up 23 Per Cent

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Hero’s scooter gross sales present robust development, however general volumes nonetheless dominated by bikes

Hero MotoCorp’s general two-wheeler gross sales are led by bikes, with 4,63,723 bikes offered in February 2021, however motorbike gross sales fell simply over 3 per cent from 4,79,310 models in February 2020. Scooter gross sales grew from 18,932 models in February 2020 to 41,744 models in February 2021, a whopping 120 per cent development. Hero MotoCorp stays optimistic about development within the coming months, the corporate stated in an announcement, including {that a} restoration within the Indian economic system, in addition to optimistic momentum in direction of private mobility is more likely to additional strengthen demand for two-wheelers.

Also Read: Hero MotoCorp Sets Up New Vertical For Harley-Davidson

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Harley-Davidson plans to introduce new and up to date fashions in India later this 12 months by means of the brand new enterprise mannequin with Hero MotoCorp

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In February 2021, Hero MotoCorp arrange a separate vertical to drive its new enterprise of Harley-Davidson merchandise and merchandise distribution in India. Former Ducati India MD Ravi Avalur has been appointed because the Business Unit Head of the brand new vertical. The firm has additionally commenced wholesale despatches of Harley-Davidson merchandise to sellers from January 18. Hero MotoCorp has additionally on-boarded 11 present Harley-Davidson sellers in key geographies throughout the nation.

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