Hero MotoCorp domestic sales up 9% at 508,309 units
Hero MotoCorp's exports stood at 11,165 units last month as compared to 20,238 units in May 2022, down 45 percent.
3387 Views
India's largest two-wheeler manufacturer, Hero MotoCorp has recorded 9 percent growth in the domestic market in May 2023, at 508,309 units. The company recorded 466,466 unit sales in the domestic market in the same month a year ago.
"The momentum is expected to continue in the coming months, driven by an uptick in customer sentiments, a forecast of a normal monsoon, and a host of new launches in the premium segment," Hero Motocorp said in a release.
During the month under review, the company sold 489,336 units of motorcycles as compared to 452,246 units in May 2022, up 8.2 percent. Last month, Hero MotoCorp introduced the OBD-II & E20 compliant XPulse 200 4V.
The company's scooter sales, however, declined to 30,138 units in May 2023 as compared to 34,458 units in the same month a year ago.
Hero MotoCorp's exports stood at 11,165 units last month as compared to 20,238 units in May 2022, down 45 percent.
RELATED ARTICLES
Rajratan Global Wire Reports 12% Revenue Growth in Q1 FY26, Chennai Plant Targets Breakeven
Angitha Suresh
22 Jul 2025
Company achieves Rs 246.51 crore revenue despite margin pressures, focuses on increasing Chennai facility utilization to...
CIE Automotive India Reports Mixed Q2 Results with Strong Domestic Growth Offset by European Challenges
Angitha Suresh
22 Jul 2025
Company achieves 7% revenue growth in India operations while European segment faces margin pressure from restructuring c...
ACE Construction Eyes Doubling Revenues by FY30 with Diversified Play Across Infra, Agri, Exports and Defence
Autocar Professional Bureau
22 Jul 2025
A key pillar of ACE’s growth strategy is its sharpened focus on backhoe loaders, a segment long dominated by JCB India, ...
