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. 

Autocar Professional BureauBy Autocar Professional Bureau calendar 02 Jun 2023 Views icon3370 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Hero MotoCorp domestic sales up 9% at 508,309 units

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. 

 

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