Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 4, 50,154 units in March 2022. This is a sequential growth over the volume sales in the month of February, when Hero MotoCorp dispatched 358,254 units of motorcycles and scooters, indicating a gradual recovery in the economy.
With pandemic restrictions witnessing a gradual withdrawal due to a steady decline in Covid-19 cases and reopening of all the sectors of the economy, we expect sales momentum to build up in new the fiscal FY’2022-23.
In FY’22, the auto industry witnessed significant disruptions triggered by the second and third waves of the Coronavirus pandemic, restricting customer movement. Hero MotoCorp sold 49, 44,150 units of two-wheelers in the fiscal year (April 2021-March 2022).
In keeping with its aggressive growth strategy in the scooter segment, Hero MotoCorp launched the new Destini 125 ‘XTEC’. The new elegant Hero Destini 125 ‘XTEC’ packs a host of new design and theme elements that add to its appeal.
The company unveiled Vida, Powered by Hero, a brand-new identity for its emerging mobility solutions, including upcoming Electric Vehicles (EV). It collaborated with Bharat Petroleum Corporation Limited to set up charging infrastructure for two-wheeled electric vehicles (EVs)
across the country.
