Hero MotoCorp

New Hero Splendor 2.0. Image – Technical SHTHero MotoCorp has registered a decline of 4.4% YoY while MoM decline stood at 6.65%Indian motorcycle and scooter manufacturer, Hero MotoCorp, has recorded lackluster sales in May 2024. The company has seen sales dip both on YoY and MoM basis with falling sales across both motorcycles and scooters and where domestic sales are concerned. Exports on the other hand has shown off a significant YoY increase by 67.25% though exports dipped MoM.Hero MotoCorp YoY Sales May 2024Hero MotoCorp has recorded a 4.11% YoY growth selling 4,98,123 units in May 2024 as compared to 5,19,474 units sold in May of the previous year. Hero has also seen MoM sales dip by 6.65% over 5,33,585 units sold in April 2024.Hero MotoCorp Sales May 2024With a total of 4,98,123 units sold in May 2024, motorcycles accounted for 4,71,186 units, a 3.71% YoY de-growth from 4,89,336 units sold in May 2023. Motorcycles command a 94.59% share in the company portfolio over a 5.41% share held by scooters of which sales stood at 26,937 units, also a 10.62% YoY decline.Total domestic sales thus saw a 5.68% YoY decline to 4,79,450 units in the past month from 5,08,309 units sold in May 2023. However, there was a boost in terms of exports that ended May 2024 with an impressive sales tally of 18,673 units, a 67.25% improvement over 11,165 units shipped in May 2023.Hero MotoCorp Sales May 2024Hero MotoCorp MoM Sales May 2024On a month on month (MoM) basis as well, Hero MotoCorp saw declining sales in May 2024. Total sales dipped 6.65% MoM when compared to 5,33,585 units sold in April 2024 with sales de-growth across both motorcycles and scooters as well as where domestic sales and exports were concerned. Motorcycle sales fell by 5.11% from 4,96,542 units sold in April 2024 while scooter sales suffered a setback of 27.28% from 37,043 units. Total domestic sales dipped by 6.59% while exports fell by 7.96%.Year-to-Date (YTD) Sales May 2024Taking into account sales across the first two months (April-May 2024) of financial year FY 24-25, positive growth was seen at 12.68% over the same period of last year. Total sales (motorcycle + scooter and domestic + exports) improved to 10,31,708 units, a 1,16,127 unit volume growth over 9,15,581 units sold in the FY23-24 period.Motorcycle sales grew by 12.77% to 9,67,728 units from 8,58,166 units to command a 93.80% share while scooter sales were up 11.43% growing from 57,415 units sold in FY23-24 period to 63,980 units during the months of April and May 2024. Domestic sales growth stood at 10.98% to a total of 9,92,746 units while exports were up 84.76% to 38,962 units shipped in the past two months.As Hero MotoCorp has just launched the new Splendor+ XTEC 2.0 at the end of May 2024, Hero MotoCorp now plans a slew of new launches with the Hero Xoom 160 maxi style scooter which one launched will rival Yamaha’s Aerox 155. There is also the Xoom 125R premium scooter poised for launch. More

New Hero Vida EVHero MotoCorp sold 5,12,124 units of motorcycles and scooters in domestic markets in April 2024 relating to an impressive YoY and MoM growthHero MotoCorp has recorded good sales in April 2024 with a total of 5,12,124 units sold in the said month. These sales marked a 32.62% YoY growth over 3,86,173 units sold in April 2023. It was also a MoM improvement of 11.96% when compared to 4,57,411 units sold in March 2024.Hero MotoCorp YoY Sales April 2024With a YoY growth at 32.62%, the company has seen the Splendor at the top of sales charts last month. Hero Splendor was once again also the best-selling two wheeler in the country, above the Honda Activa and Bajaj Pulsar. Sales of Splendor grew by 21.01% YoY to 3,20,959 units up from 2,65,225 units sold in April 2023 to command a 62.67% share.Top 10 Hero 2Ws April 2024The HF Deluxe followed at No. 2 with 97,048 units sold in the past month and a 23.31% YoY growth. It was Hero Passion that commanded a No. 3 spot with 25,751 unit sales and a triple digit improvement at 611.35% over just 3,620 units sold in April 2023. Hero Glamour (18,747 units) and Destini 125 (12,596 units) each posted improved sales while the Xtreme 125R, launched in January 2024, saw a total of 12,532 units sold last month. Hero Destini also found mention on the list of top 10 scooter sales last month.Hero Pleasure scooter also saw a 102.88% YoY improvement in sales to 11,820 units while Xoom sales dipped by 63.07% to 4,409 units from 11,938 units sold in April 2023. Hero Vida, its electric two wheeler offering has seen a 700% YoY growth in sales to 2,880 units.Hero MotoCorp Sales Breakup April 2024 – YoY ComparisonIt was the Xpulse 200 (1,932 units) and Xtreme 160/200 (1,447 units) that have also recorded triple digit growth in sales while the relatively new Mavrick 440 and Karizma 210 also added 1,049 units and 947 units respectively to total domestic sales last month. The Hero Mavrick also found mention on the list of 350cc to 450cc motorcycle sales in April 2024. The list was trailed by the Maestro with just 7 units sold, a 99.43% YoY decline.Hero MotoCorp Sales Breakup April 2024 – MoM ComparisonHero MotoCorp MoM Domestic Sales April 2024With an 11.96% MoM growth, Hero MotoCorp saw most of its portfolio show off outstanding growth. The Splendor experienced a 12.17% MoM growth while HF Deluxe sales were up 15.61% from 83,947 units sold in March 2024. Sales also improved for the Passion and Glamour by 14.49% and 10.11% respectively.Destini sales dipped 10.94% from 14,143 units sold in March 2024 to 12,596 units in the past month. Higher demand was seen for the Pleasure, Xoom, Vida and Xpulse 200 with the latter sales growing nearly 2 fold to 1,932 units in the past month from 986 units sold in March 2024. Hero Xtreme 160/200 sales dipped 50.73% and even as Mavrick 440 sales improved by 84.68% MoM, the company’s two models Karizma 210 and Maestro suffered a hefty setback by 49.47% and 97.12% respectively. More

New Hero Xtreme 125RHero recorded sales of 5.33 lakh units in April 2024 opening the new fiscal on a promising note with both YoY and MoM growthThe world’s largest two wheeler maker, Hero MotoCorp opened the new fiscal with remarkable YoY and MoM improvement in sales. YoY sales saw both domestic and exports surge by significant numbers. However, on a MoM basis, domestic sales were up while exports suffered a deep decline. Growing demand boosted by timely supplies held the company in good stead.Hero MotoCorp YoY Sales April 2024Hero MotoCorp experienced more demand for its motorcycle lineup, which commanded a 93.06% share. The company experienced sales of 4,96,542 units in April 2024, a 34.63% YoY growth over 3,68,830 units sold in April 2023. This was a volume growth of 1,27,712 units.  Scooter sales on the other hand also saw a 35.80% growth from 27,277 units sold in April 2023 to 37,043 units in the past month to command a 6.94% share on this list.Hero MotoCorp Sales April 2024Total domestic sales thus grew by 32.91% to 5,13,296 units in April 2024 from 3,86,184 units sold in April 2023. Domestic sales command a 96.20% share while exports hold a 3.80% share on this list. Exports on the other hand saw more than a twofold improvement on a YoY basis by 104.46% to 20,289 units last month, up from 9,923 units sold in the same month last year.Hero MotoCorp’ total sales (motorcycle + scooter) (domestic + exports) thus grew to 5,33,585 units in April 2024. This was a 34.71% YoY growth from 3,96,107 units sold in April 2023 relating to a 1,37,478 unit volume growth.Hero MotoCorp Sales April 2024Growth was specifically seen in the case of the company’s 125cc and 400+cc bikes with the Xtreme 125R garnering the most attention to the extent that the company plans to boost supplies to as to allow for more timely deliveries. Models such as the Splendor, Glamour and Passion also commanded a great deal of attention.The company also commenced deliveries of the new Mavrick 440 in April 2024. Hero Mavrick 440 was launched in India in February 2024. It is presented in three variants and priced between Rs. 1.99 – Rs. 2.24 lakh (ex-showroom).Hero MotoCorp MoM Sales up 8.80% in April 2024Hero MotoCorp also reported an 8.80% MoM growth in sales in April 2024. Total sales (motorcycle + scooter) (domestic + exports) grew from 4,90,415 units sold in March 2024 relating to a 43,170 unit volume growth.There were 4,96,542 units of motorcycles sold last month, an 8.72% MoM growth from 4,56,724 units sold in March 2024. Scooter sales also improved by 9.95% from 33,691 units sold in March 2024 taking total domestic sales up 11.77% from 4,59,257 units sold in March 2024.Even as the company continued its expansion across global markets, exports suffered a 34.88% decline as there had been 31,158 units shipped in March 2024 dipping to 20,289 units in the past month. More

Hero SplendorHero MotoCorp sold over 4.57 lakh units in March 2024 while exports crossed 31k unitsHero MotoCorp sales breakup for March 2024 provides insights into the performance of its various models during the period. Despite a marginal decline in overall sales, certain models showcased remarkable growth, indicating shifting consumer preferences and market dynamics.Hero Sales Breakup March 2024Splendor continues to dominate the sales chart, maintaining its position as the highest-selling model for Hero MotoCorp. However, the month witnessed a slight downturn for the Splendor, with sales figures dropping to 286,138 units compared to the previous year. Following behind is the HF Deluxe, securing the second position with 83,947 units sold. While experiencing a decrease in sales compared to the same period last year, the HF Deluxe remains a popular choice among consumers in the commuter segment.Hero Sales Breakup March 2024A notable highlight in March 2024 sales is the Passion, which witnessed a staggering growth of 439.87% year-over-year. With 22,491 units sold, the Passion’s resurgence indicates a resurgence in demand for this model. The Glamour and Destini 125 also demonstrated significant growth, with sales figures of 17,026 units and 14,143 units, respectively. Both models recorded double-digit growth percentages, reflecting a positive response from consumers.Among the newer additions to Hero MotoCorp’s lineup, the Xtreme 125R and Xtreme 160 / 200 garnered attention with 12,010 units and 2,937 units sold, respectively. These models contributed to the brand’s diversified portfolio and attracted enthusiasts seeking performance-oriented rides. However, not all models experienced growth in sales. The Xpulse 200 and Maestro witnessed declines of 78.21% and 92.50%, respectively, indicating challenges in certain segments of the market.Hero Sales Breakup March 2024Hero MotoCorp Exports March 2024Hero MotoCorp Hunk emerges as the top performer in company’s export lineup, with a staggering 263.17% year-over-year growth. Recording sales of 7,554 units in March 2024, the Hunk solidifies its position as a sought-after model among global consumers.Hero Exports Breakup March 2024Following closely behind is the HF Deluxe, with exports totalling 6,893 units. The model witnessed a commendable growth rate of 21.27% compared to the same period last year, reflecting its popularity in international markets. Another standout performer is the Xpulse 200, which experienced an exceptional growth rate of 324.31%. With 6,144 units exported in March 2024, the Xpulse 200 captivates adventure enthusiasts worldwide.India’a No 1 two wheeler, Splendor also contributes to Hero MotoCorp’s export success, with 3,280 units shipped in March 2024. Despite facing stiff competition, the Splendor maintains its appeal among international consumers, recording a growth rate of 31.04%. Hero Xoom scooter had 2,370 units exported in March 2024.Additionally, models like the Glamour, Maestro, and Karizma make notable contributions to Hero MotoCorp’s export figures, showcasing the brand’s diverse product lineup catered to varied consumer preferences in global markets. However, certain models experienced declines in exports, including the Passion and Pleasure, highlighting the need for targeted strategies to address specific market challenges and preferences.Overall, Hero MotoCorp’s exports witnessed a substantial growth of 87.56%, with a total of 31,158 units shipped in March 2024. The impressive performance underscores the company’s commitment to expanding its presence on the global stage and catering to the diverse needs of international customers. More

Hero Mavrick 440Hero Mavrick 440 Scrambler will have some distinctive hardware to support effortless riding across off-road tracksFor a roadster, it is a natural progression to spawn into multiple body styles. Hero appears to be following a similar approach for Mavrick 440, as a trademark for a new scrambler version has been filed. In the future, there could be a cafe racer or an ADV variant as well based on the same platform.As compared to the roadster, Mavrick 440 Scrambler will have capabilities to tackle more challenging riding environments. It will be a versatile machine, suited for urban streets as well as off-road tracks. To unlock such possibilities, Mavrick 440 Scrambler will be getting some functional upgrades.Hero Mavrick 440 Scrambler name trademarkedFor example, the bike is expected to get a wider handlebar. It will allow improved control and leverage, something that will be useful across off-road tracks. A wider handlebar will also enable improved weight distribution, enhanced steering control and increased comfort. Having a wider handlebar can also improve the bike’s visual appeal.Another key change possible with Mavrick 440 Scrambler is a flatter, narrower seat. It will allow the rider to easily shift their position to suit their riding environment. The bike could get more robust footpegs to support the weight when riding the bike standing up. The positioning of the footpegs could also be altered to achieve a more committed riding stance. For a more rugged look and feel, Hero Mavrick 440 Scrambler could get fork gaiters.Hero Mavrick 440 Scrambler Trademark FiledWheel size could be 19-inch front and 17-inch rear for the scrambler. In comparison, the roadster version has 17-inch wheels at both ends. Tyre profile could also be different for the scrambler.  It could get dual-purpose or all-terrain tyres. The standard Mavrick 440 has 110/70 front and 150/60 rear tyres.Hero Mavrick 440 Scrambler performance, specsPowering Hero Mavrick 440 Scrambler will be the 440cc, single cylinder, air cooled with oil cooler engine. It churns out 27 bhp / 36 Nm and is mated to a 6-speed gearbox. Hero may introduce some slight tweaks to the engine to suit the scrambler’s profile. However, there is unlikely to be any major difference in output numbers. Suspension and braking setup will be largely the same as the roadster. Mavrick 440 has 43mm telescopic forks at front and 7-step adjustable twin shock absorbers at rear. Braking setup comprises 320 mm and 240 mm discs at front and rear, respectively.Mavrick 440 Scrambler will have all LED lighting. The digital speedometer with negative display will be the same as the roadster version. Users can pair their smartphones via Bluetooth to access functions such as missed call alerts, message notifications, phone battery status and turn-by-turn navigation. The digital speedometer displays a comprehensive range of information such as low fuel indicator, gear indicator, distance to empty and real time mileage.2024 Royal Enfield Scram 450 Spied – Will rival Hero Mavrick 440 ScramblerA launch timeline for Hero Mavrick 440 Scrambler is not available at this point of time. Hero could introduce it later this year or sometime in 2025. Just like the roadster, the scrambler version will also be introduced across international markets. Upon launch, it could rival the Triumph Scrambler 400, upcoming Royal Enfield Scram 450, etc. More

Hero Mavrick 440 Delivery StartsDr. Pawan Munjal, Executive Chairman of Hero MotoCorp, personally hands over the bikes to customersToday marks a significant milestone for Hero MotoCorp as they begin the much-anticipated deliveries of its flagship motorcycle, the Mavrick 440. Amidst great excitement and anticipation, Dr. Pawan Munjal, Executive Chairman of Hero MotoCorp, personally handed over the keys to lucky customers at the Hero Premia outlet and a specially-curated event in Gurugram.Priced competitively from Rs 1.99 lakhLaunched earlier this year with great fanfare, the Hero Mavrick 440 has captured the imagination of motorcycle enthusiasts across the country. Boasting a perfect blend of performance, style, and cutting-edge technology, this motorcycle is set to redefine the middle-weight segment.Hero Mavrick 440 Delivery StartsThe Hero Mavrick 440 is available in three enticing variants – Base, Mid, and Top, priced at Rs 199,000/-, Rs 214,000/-, and Rs 224,000/- respectively (ex-showroom pan-India). These price points reflect Hero MotoCorp’s commitment to offering value for money in the upper premium motorcycle segment.To sweeten the deal for first batch buyers, Hero MotoCorp has announced the ‘Welcome to Mavrick Club Offer.’ Customers who have booked their Mavrick 440 before March 15th are entitled to receive a customized Mavrick Kit of Accessories & Merchandise worth Rs.10,000, adding extra allure to an already enticing proposition.Hero Mavrick 440Unveiled at the Hero World 2024 in Jaipur earlier this year, the Mavrick 440 is based on Harley Davidson X440. It garnered attention for its distinctive design, combining roadster aesthetics with robust styling. The motorcycle features an Air-cooled with oil cooler 2V single-cylinder 440cc ‘TorqX’ engine with electronic fuel injection, delivering 27 bhp @ 6000 rpm and a torque of 36 Nm @ 4000 rpm. Coupled with a 6-speed transmission, slip-and-assist clutch, and specially crafted 0° steel radial pattern tires, the Mavrick 440 promises a smooth and exhilarating ride.Emphasis on rider comfortOne of the key highlights of the Hero Mavrick 440 is its focus on rider comfort, control, and connectivity. With roadster ergonomics, an upright riding position, spacious seat, ample legroom, and optimized grab-rails, the Mavrick 440 ensures a comfortable journey for both short commutes and long rides. Additionally, advanced telematics features, including smartphone integration, turn-by-turn navigation, and real-time information through eSIM-based connectivity, provide riders with a truly connected riding experience.Available in five captivating color options spread across the three variants, the Hero Mavrick 440 offers something for every rider’s taste. The base version comes in Arctic White, the mid variant in Celestial Blue and Fearless Red, while the top variant is available in Phantom Black and Enigma Black.With the commencement of deliveries, the Hero Mavrick 440 is set to make its mark on Indian roads, offering riders a thrilling combination of performance, style, and technology. As enthusiasts gear up to experience the thrill of riding this power-packed motorcycle, Hero MotoCorp continues to reaffirm its position as a leader in the Indian motorcycle market. More