Hero Sells 2 Mn Two-Wheelers in Q2 | CORPORATE ETHOS

Hero Sells 2 Mn Two-Wheelers in Q2

By: | October 12, 2017
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Oct 12: Two-wheeler manufacturer Hero MotoCorp has set a new global record, striking 2 million unit sales in the just-concluded second quarter (July-September) of this financial year (FY 2017-18).    This is the first time globally, that any two-wheeler company has crossed the 2 million sales mark in any quarter.

Hero MotoCorp sold 20, 22,805 units of two-wheelers in the second quarter with consecutive months of robust sales, growing by 11% over the large volume of the corresponding quarter in the previous fiscal. In September this year, Hero MotoCorp became the only two-wheeler company to sell over 7 lakhs two-wheelers in a month.

Driven by popular demand for its iconic brands – including the Splendor, Glamour, Passion and HF Deluxe motorcycles as well as the Duet, Maestro Edge and Pleasure scooters – Hero MotoCorp has already surpassed four million sales mark in a little over six months of the current fiscal.

Ashok Bhasin, Head of Sales, Marketing and Customer Care, Hero MotoCorp, said, “With close to three weeks still remaining in the festival season, we have set an all-time record by selling over a million motorcycles and scooters in domestic retail sales in the festive period so far, further consolidating our market leadership.”

Hero MotoCorp, which recently surpassed 75 million units in cumulative sales since its inception, has also been leveraging its association with the ongoing FIFA U-17 World Cup India 2017, of which it is a ‘National Supporter’.