India's leading two-wheeler manufacturer, Hero MotoCorp, has had excellent sales for October 2024. Last month, the brand sold 6,79,091 two-wheelers, including exports, clocking an 18% increase compared to October 2023, when Hero sold 5,74,930 two-wheelers. These figures also indicate a 7% increase in sales compared to September 2024, when the two-wheeler manufacturer sold 6,37,050 units.
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Motorcycles accounted for the majority of Hero sales in October 2024. The brand sold 6,35,787 bikes last month, compared to 5,29,341 in October 2023. This indicates a growth of 20%. Motorcycles contributed to 93.62% of Hero's sales in the previous month. There was a 7% increase in Hero's motorcycle sales in October compared to September 2024. Scooter sales also increased 5% in October 2024, with 43,304 units sold, compared to 45,589 in October 2023.
Out of Hero MotoCorp's 6,79,091 total sales in October 2024, 6,57,403 were in the domestic market, while exports stood at 21,688. Sales in the domestic market increased by 7%, while exports increased by 43% compared to October 2023, when the numbers were 5,59,766 and 20,344, respectively.
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With motorcycles continuing to generate a significant chunk of Hero's sales, the brand plans to introduce new models to its lineup soon. It will unveil four new two-wheelers at the EICMA 2024 beginning next week. Among the debut, we expect the Xpulse 210, Xtreme 250R, Karizma XMR and a new electric scooter.