The world’s largest manufacturer of motorcycles and scooters Hero MotoCorp sold 13.90 lakh units in the first quarter of the Financial Year (April-June) 2022-23. This is a robust growth of 35.7% over the corresponding quarter of the previous fiscal, when the Company had sold 10.25 lakh units. Sequentially, this translates into a growth of 17% over the last quarter of the fiscal year (January-March) 2021-2022, when the Company had sold 11.89 lakh units. With sales of 4.85 lakh units of motorcycles and scooters in June 2022, the Company registered a growth of 3.3% over the corresponding month of the previous fiscal when it sold 4.69 lakh unit
It introduced Euro-5 compliant variants of three new products – the XPulse 200 4V motorcycle and Dash 110 & Dash 125 scooters in Turkiye. It also introduced the new Passion ‘XTec’. The company also launched a new community-riding platform, XCLAN expanding the motorcycling culture in the country. Automotive Component Manufacturers Association of India and Hero MotoCorp also kicked-off a one-of-its-kind EV Technology Expo in Jaipur.
Strengthening its’ partnership with Uttarakhand Government, under the Company’s flagship CSR program – Hero WeCare, Hero MotoCorp handed over 300 motorcycles, along with 600 helmets to Himalayan Eco Restoration, Biodiversity Conservation and Livelihood Enhancement Society in Rishikesh, Uttarakhand. The company also handed over 150 units of technologically-advanced Hero Glamour FI 125 to the Uttarakhand Police Department.
