Two-wheeler manufacturer Hero MotoCorp is the world’s largest two-wheeler manufacture has officially revealed their Sep 2021 sales. Hero Bike Sales September 2021 remains at 5.3 Lakh Two-wheelers in this month. Out of these 5.05 lakhs were sold in the domestic market while the other 25k were exported. More Specifically the motorcycle sales were 4.9 Lakh and scooter sales stood at 41k units.
Hero Bike Sales Month on Month Basis
Comparing last month sales vs the sep sales Hero motocorp has managed to increase it by an impressive 16%. Domestic sales have seen a growth of 17.24%, while exports have grown by 9.42%. But the biggest change can be seen in the sales of Hero scooter sales which is grown by 23.02% which is an achievement.
| Hero Bike Sales | Aug-2021 | Sep-2021 | Difference | Growth |
|---|---|---|---|---|
| Motorcycle | 4,20,609 | 4,89,417 | 68,808 | 16.36 |
| Scooter | 33,270 | 40,929 | 7,659 | 23.02 |
| Domestic | 4,31,137 | 5,05,462 | 74,325 | 17.24 |
| Exports | 22,742 | 24,884 | 2,142 | 9.42 |
| Total | 4,53,879 | 5,30,346 | 76,467 | 16.85 |
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Hero Bike Sales Year on Year Basis
Hero Bike sales on year on year basis remain in a negative position and bike sales in Sep-2021 have declined by 25.90% compared to Sep-2020. And Indian market sales for Hero is down by 28% which accounts for the most YOY sales. But there is a strategic change in Hero MotoCorp exports which have grown by 35.06%.
| Hero Bike Sales | Sep-2020 | Sep-2021 | Difference | Growth |
|---|---|---|---|---|
| Motorcycle | 6,60,948 | 4,89,417 | -1,71,531 | -25.95 |
| Scooter | 54,770 | 40,929 | -13,841 | -25.27 |
| Domestic | 6,97,293 | 5,05,462 | -1,91,831 | -27.51 |
| Exports | 18,425 | 24,884 | 6,459 | 35.06 |
| Total | 7,15,718 | 5,30,346 | -1,85,372 | -25.90 |
Hero Motocorp has also planned new launches for the coming week. The new launches from Hero include updated Xpulse 200 4V, Xtreme Stealth Edition, Pleasure Plus X-Tec, etc. Also, Hero must be looking forward to increasing their sales in the coming week. Reason to expect the sales include the festive season in India which usually drives more sales in this months.
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