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Home Auto Industry

Hero Sells 78,20,745 units in FY 2018-19

7-lakh plus monthly sales achieved on four occasions in FY’19

Chethan Thimmappa by Chethan Thimmappa
April 2, 2019
in Auto Industry, Bikes, Hero
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Hero MotoCorp Ltd., the world’s largest two-wheeler manufacturer, continued to further strengthen its market leadership by surpassing 7.8 million unit sales in the financial year 2019 (April 1’18-March 31’19).

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With 581,279 units sold in the month of March, Hero MotoCorp capped off FY’19 with sales of 7,820,745 units of motorcycles and scooters during the 12-month period.

The sales during the month of March have been lower due to a conscious effort to bring down the inventory levels in the system.

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During the year, the Company introduced Destini 125 – its first scooter in the high-growth 125cc segment. In the initial few months of its launch, Destini 125 has registered robust sales, riding on the overwhelmingly positive feedback from customers.

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Hero Highlights of the Year (April’18-March’19):

Hero’s Entry into New Segments

  • ·       Entered the premium motorcycle segment with the launch of the ‘Xtreme 200R’
  • ·       Forayed into the fast growing 125cc scooter segment with ‘Destini 125’
  • ·       Strengthened its global portfolio with the launch of the new ‘Ignitor 125’ in Colombia
  • ·       Unveiled the new 200cc cruiser motorcycle – the XPulse 200T at EICMA 2018

Hero Sales Milestones

  • ·       Best-ever quarterly sales of 2.1 million units in Apr’18-Jun’18
  • ·       First two-wheeler company to surpass 750,000 units in monthly sales (769,138 units in Sep’18) 
  • ·       7-lakh plus monthly sales achieved on four occasions in FY’19

You can add more to this story by commenting below.

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Chethan Thimmappa

Chethan Thimmappa

I cover latest automobile news in India with special focus on cars and bikes. Please send me an email to reach@gaadikey.com for any enquiries.

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