Hero MotoCorp Sells 4.60 Lakh Motorcycles & Scooters in November 2024

Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 459,805 units of motorcycles and scooters in November 2024. The company is gearing up to strengthen its premium and scooter portfolio with the launch of new models across ICE and EV segments. It expects a positive trend in the coming months due to favorable economic indicators and improving customer sentiments. VIDA, Hero MotoCorp's EV brand, maintained its festive momentum with good retail sales and an increase in market share. The ongoing VIDA network expansion through Hero Premia and Hero 2.0 outlets continues to yield positive results. During the month, Hero MotoCorp witnessed a 36% increase in global business sales. The company achieved its highest-ever retail sales during the recent 32-day festive period, starting from Navratri, with sales of over 15.98 lakh (1.6 million) units, registering an impressive 13% growth compared to the festive season of 2023. VIDA crossed a significant milestone by achieving 11,600 retail sales during the same period. The Harley-Davidson X440 achieved sales of over 2800 units, highlighting the brand's popularity. In November, the company showcased its premium range of motorcycles and electric vehicles at EICMA 2024.