Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 498,123 units of motorcycles and scooters in May 2024. The company had sold 519,474 units in May 2023.
The company has sold 10,31,708 units in the first two months (Apr-May’24) of the financial year FY’25, registering a growth of 12.6% over the corresponding months (Apr-May’23) when the company sold 915,581 units.
Hero MotoCorp continues to focus on the premiumization of its product portfolio, customer touch-points and overall brand experience. The company is also ramping up production of the Xtreme 125R to cater to the continued unprecedented demand for the stylish motorcycle, which has captured the aspirational mobility needs of the gen-next customers. Hero MotoCorp registered a healthy growth in its export volumes during the month and continues to see increased demand for the VIDA V1 electric scooter. The company is gearing up for an energetic upcoming period with a slew of product launches and business expansions.
During the month, Hero MotoCorp launched the latest generation of the iconic Splendor – the Splendor+ XTEC 2.0 – celebrating the 30th anniversary of the world’s highest-selling motorcycle. The premium and tech-laden Splendor keeps its iconic design while integrating modern elements such as LED headlights with HIPL (High Intensity Position Lamp), a unique H-shaped signature tail lamp and multiple convenience & safety features. Showcasing its all-around dominance, the motorcycle boasts excellent fuel efficiency of 73 kmpl.
Hero MotoCorp joined the ONDC Network, becoming the country’s first auto company to join the network. Partnering with ONDC has further enhanced the company’s reach, beyond its largest physical distribution and service network. The Open Network will initially offer two-wheeler parts, accessories and merchandise. This has also reinforced the Digital India mission, contributed to the nation’s economic growth, and revolutionized the digital automotive marketplace.
| May’24 | May’23 | YTD FY’25 | YTD FY’24 | |
| Motorcycles | 471,186 | 489,336 | 967,728 | 858,166 |
| Scooters | 26,937 | 30,138 | 63,980 | 57,415 |
| Total | 498,123 | 519,474 | 1,031,708 | 915,581 |
| Domestic | 479,450 | 508,309 | 992,746 | 894,493 |
| Exports | 18,673 | 11,165 | 38,962 | 21,088 |
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