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HomeBikes and ScootyHero MotoCorp sold 3.90 lakh two-wheelers in November, beating Honda and Bajaj

Hero MotoCorp sold 3.90 lakh two-wheelers in November, beating Honda and Bajaj

Hero Motocorp November 2022 Sales: The world’s largest manufacturer of motorcycles and scooters sold 3,90,932 units of two-wheelers in November 2022, up 12% over the same month last year. The company sold 3,49,393 units of bikes and scooters in November 2021.

However, compared to 4,54,582 units sold in October 2022, November sales registered a decline of 14 per cent. The brand registered a growth of 7 per cent in motorcycle sales at 3,52,834 units, while scooter sales stood at 38,098 units, a growth of 88.5 per cent.

The company’s total domestic sales grew 15.50 percent year-on-year to 3,79,839 units, while total exports declined 45.97 percent to 11,093 units last month as compared to November 2021.

Compared to other companies, Honda Two-Wheelers has registered two-wheeler sales of 3,73,221 units in November 2022, with domestic sales of 3,53,540 units. At the same time, Bajaj has sold a total of 1,23,490 units of two-wheelers.

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Hero MotoCorp has once again increased the prices of its vehicles. The company has increased the price of its vehicles by Rs 1,500 from December 1. The company has cited rising input cost as the reason for the price hike.

Hero MotoCorp said that to reduce the burden of increased cost, the company will continue to offer attractive finance options. The brand currently retails Pleasure+ XTEC, Destini 125 XTEC, Maestro Edge 125, and Maestro Edge 110 in the scooter segment.

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In the motorcycle segment, the company is selling in three segments. The first one is the performance segment which includes bikes like Xtreme 160R, Xtreme 200S, XPulse 200 4V and XPulse 200T. And the executive segment includes bikes like Glamor Xtec, Passion Xtec, Super Splendor, Glamour, Glamor Canvas and Passion Pro. In the entry-level practical segment, the company is selling bikes like Splendor+, Splendor+ Xtec, HF Delux and HF100.

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