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Hero MotorCorp Sales Highest In October 2015, Crosses 6 Lakh Units

Hero Maestro Duet and Duet

Hero MotoCorp Ltd, the world’s largest two-wheeler manufacturer, reported sales of 639,802 units in October – its highest ever sales in any month. This is a growth of 11.25% over the same month last year when the company had sold 575,056 units.

Hero MotoCorp’s previous highest sales in any month was in October 2013 when it sold 625,420 units.

With over 108,000 units of scooters sold in October, Hero MotoCorp crossed the landmark 1-lakh unit sales in scooters in a month. In the domestic market, Hero MotoCorp scooter sales grew by 74.6% in October this year over the corresponding month in 2014.

With this, the market share of Hero MotoCorp in the domestic scooter market has risen from 13% in September to almost 20% at the end of October. 

The highlight of October has clearly been the overwhelming success of the company’s newly-extended scooters range – Maestro, Pleasure, and the two newly-launched scooters - Maestro Edge & Duet. The success of the scooters, coupled with its over 52% share in motorcycles, Hero MotoCorp has further strengthened its overall leadership in the two-wheeler market.

HMCL has been the only Indian two-wheeler manufacturer to ever exceed the landmark of 6-lakh plus monthly sales, that too on multiple occasions. The company has crossed this milestone on four previous occasions – September 2015 (606,744), September 2014 (604,052), May 2014 (602,481) and October 2013 (625,420).

The Company's growth in the two wheeler market in India is the result of an intrinsic ability to increase reach in new geographies and growth markets. Hero MotoCorp's extensive sales and service network now spans over to 6000 customer touch points. These comprise a mix of authorized dealerships, service & spare parts outlets, and dealer-appointed outlets across the country.

Hero MotoCorp two wheelers are manufactured across 4 globally benchmarked manufacturing facilities. Two of these are based at Gurgaon and Dharuhera which are located in the state of Haryana in northern India. The third manufacturing plant is based at Haridwar, in the hill state of Uttrakhand; the latest addition is the state-of-the-art Hero Garden Factory in Neemrana, Rajasthan.

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