Hero MotoCorp

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

Hero Xtreme 160RAs opposed to Hero MotoCorp’s sales performance from February 2024, there was note-worthy MoM growth and a gain in volumeWorld’s largest 2W manufacturer in volume, Hero MotoCorp, ended the month of March 2024 on a positive note. We’re talking about YoY and MoM growth across most aspects like motorcycles, scooters, domestic and international businesses. It was green all the way for India’s largest 2W manufacturer where MoM sales are concerned.Hero MotoCorp Sales March 2024The 2W juggernaut of the world, Hero MotoCorp, managed to push out a total of 4,90,415 units last month including domestic and export markets. With 4,56,724 motorcycles sold last month, Hero MotoCorp witnessed a 6.38% YoY decline over 4,85,896 units sold in March 2023. However, this was a 4.33% MoM growth over 4,36,929 units sold in February 2024.Where scooter sales are concerned, Hero has registered a positive YoY growth with 33,691 units. However, this growth is by the skin of the teeth with a 0.73% YoY boost, gaining 245 units in volume. When opposed to 31,481 scooters sold a month before, Hero saw a 7% MoM growth.Hero’s domestic sales stood at 459,257 units last month. As opposed to 5,02,730 units sold last year and 4,45,257 units sold a month before, Hero’ domestic sales witnessed a 9.4% YoY decline and 3.04% MoM growth.Hero MotoCorp Sales March 2024Company’s exports almost doubled in volume YoY which was the same remark we made last month while analysing February 2024 sales. This is a good trend for Hero to maintain and continue to expand their presence in global markets. Hero shipped 31,158 units last month which was almost doubled when compared to 16,612 units sold a year ago with 87.57% YoY growth.As opposed to the 23,153 units shipped in February 2024, Hero’s exports grew by 34.57% MoM. In total, Hero pushed out 4,90,415 units out of its manufacturing facilities. The company’s primary volume generators continue to be budget commuter motorcycles like Splendor, Glamour, Passion and the likes. The company has expanded its premium motorcycle range with the launch of Xtreme 125R.Tremendous Gains In FY 23-24YTD, the company sold 51,90,672 motorcycles in FY 23-24, surpassing the 49,59,156 units sold during FY 22-23. Where scooters are concerned, Hero sold 4,30,783 units in FY 23-24 over 3,69,390 units from last FY. In total, Hero MotoCorp sold 56,21,455 units with a positive growth over 53,28,546 units sold in previous FY.Hero MotoCorp registered a 10% growth in 4th quarter of FY 23-24. The company’s sales performance in international business (exports) is commendable with 16% growth in FY 23-24. Emerging Vida brand, the recent product offensive in its premium motorcycle lineup have contributed in this effect. More

Hero Mavrick 440 to launch in the UKSimilar to the Indian market, Hero Mavrick 440 will take on rivals such as Triumph Speed 400 and Royal Enfield Bullet 350 in the United KingdomWith its partnership with Harley-Davidson, Hero MotoCorp is looking to target the premium motorcycle segment. Harley-Davidson X440 based Hero Mavrick 440 was launched earlier this year in February. Going forward, plans are to introduce the Mavrick across international markets such as the United Kingdom.Hero Mavrick 440 – UK launch soonWhile the Hero brand is not widely known in the UK, the Harley-Davidson DNA of Mavrick 440 can work to its advantage. Hero can also deliver more value to customers by launching Mavrick 440 in the UK at a competitive price point.Hero Mavrick 440 to launch in the UKFor reference, Triumph Speed 400 is available in the UK at a starting price of £4,995. Royal Enfield Bullet 350 is offered at £4,709. While there is no official statement about the pricing of Mavrick 440 in the UK, it is likely to be cheaper than Speed 400. In India, Hero Mavrick is priced at Rs 1.99 lakh, which is approximately £1,900.In the UK, Hero Mavrick will cater to A2 motorcycle license holders. This category is for people who are 19 years or older. The engine displacement for A2 should be at least 395cc and engine output should not be more than 47 bhp.Hero Mavrick 440 to launch in the UKPowering the Mavrick is a 440cc, air cooled with oil cooler engine. It churns out 27 bhp of max power and 36 Nm of peak torque. The engine is mated to a 6-speed gearbox. The bike has an assist and slipper clutch, which will be useful for folks who have recently got their A2 license in the UK.Hero Mavrick 440 Vs. UK rivalsRival Triumph Speed 400 is equipped with a 398.15 cc, liquid cooled, DOHC, single cylinder engine. It generates 39.5 bhp and 37.5 Nm and is mated to a 6-speed gearbox. Speed 400 has 43 mm USD Big Piston forks, whereas Mavrick comes with standard telescopic front forks. Royal Enfield Bullet 350 also has standard telescopic forks. Only difference is Mavrick has 43 mm, whereas Bullet 350 has 41 mm forks. Both bikes have 130 mm of travel for the front suspension. Triumph Speed 400 offers 140 mm of travel.Royal Enfield Bullet 350 is equipped with a 349cc, single cylinder, air-oil cooled engine. It generates 20.2 bhp and 27 Nm and is mated to a 5-speed constant mesh gearbox. While Mavrick and Bullet have twin rear shock absorbers, Speed 400 is equipped with a gas monoshock RSU at rear. All three bikes have dual-channel ABS as standard. While being affordable, Hero Mavrick 440 has premium features such as a full digital instrumentation with Bluetooth and turn-by-turn navigation.In the UK, Hero has chosen MotoGB as their distribution partner. While the UK-spec version will be largely the same as sold in India, there could be some changes in colour options. It will be interesting to see how Hero Mavrick 440 performs in international markets. Before Mavrick is launched, it is possible that Hero may introduce the Vida V1 Pro electric scooter in the UK.Source More

Image – MJK BikerFor the month of February 2024, Hero MotoCorp registered 15.84% YoY growth in domestic market and a staggering 84.14% YoY growth in exportsWorld’s largest 2W manufacturer in volume, Hero MotoCorp, has had a very productive sales prospect in the month February 2024. The sales breakup of this 2W juggernaut revealed positive growth in both domestic and export scenarios. Splendor was the highest contributor in domestic market and it was Hunk for exports.Hero Sales Breakup February 2024 – Domestic SalesLike clockwork, Hero Splendor took the top position with 2,77,939 units. It has to be noted that Splendor is not only Hero’s best-seller but is the best-selling 2W vehicle in India irrespective of genre. Splendor alone accounts for 62.76% of Hero’s total domestic sales. However, there was a slight 3.70% YoY decline as opposed to 2,88,605 units sold last year.This resulted in a volume loss of 10,666 units YoY. In 2nd position, we have HF Deluxe with 76,138 units sold and registered 35.26% YoY growth over 56,290 units from a year ago. HF Deluxe accounts for 17.19% of Hero’s total domestic sales and contributed 19,848 units volume growth. In 3rd place, we have Passion line with 31,302 units sold last month.When compared to 4,640 units sold in February 2023, Passion registered 574.61% YoY growth, gaining 26,662 units in volume. Destini 125 is Hero’s best-selling scooter currently with 17,033 units sold. Numbers doubled YoY at a 106.91% growth rate and gained 8,801 units in volume. Glamour line saw 15,904 takers last month and there was a healthy 86.84% YoY growth.Hero Sales Breakup February 2024 – DomesticSecond best-selling scooter is Pleasure with 8,248 takers last month and 55.24% YoY growth. Hero launched Pleasure XTEC Sports variant with exciting colours to increase sales. In 7th and 8th place, we have Xtreme 125R and Xoom with 3,504 and 3,283 units sold respectively. Numbers halved with Xoom at 54.49% YoY decline.Xpulse 200 sold 2,784 units and there was an impressive 69.76% YoY growth with 1,144 units volume gain. Xtreme 160 and Xtreme 200S combined, sold 2,777 units and registered 501.08% YoY growth. Newly launched Karizma sold 2,128 units and Vida V1 sold 1,399 units and 1,648.75% YoY growth.Hero’s large family scooter, Maestro, saw 424 takers last month. There is a probability of Maestro being discontinued as it is removed from company’s product lineup. In total, Hero sold 4,42,863 units last month and registered a 15.84% YoY growth over 3,82,301 units sold a year ago and gained 60,562 units in volume.Hero Sales Breakup February 2024 – ExportsExports (International Business)Hero’s exports chart is dominated by Hunk. For Hero, Hunk is a collective name and goes on a few vehicles including Xtreme range sold in India. With 186.61% YoY growth, the 8,174 Hunk accounted for 35.31% of Hero’s exports. HF Deluxe took 2nd position with 4,718 units shipped and 84.66% YoY growth. Glamour line shipped 3,552 units with 221.74% YoY growth.Hero’s domestic rockstar, Splendor, took the 4th spot in exports with 3,232 units shipped but saw a 30.7% YoY decline. Xpulse shipments doubled YoY at 112% YoY growth and 1,426 units shipped last month. Maestro, Passion and Karizma shipped 969, 540 and 410 units respectively. Maestro and Passion showed 275.58% and 100% You growth as well.Also, there were 96 units of Pleasure, 26 units of Destini and 5 units of Xoom shipped too. In total, Hero shipped 23,148 units last month. When compared to 12,571 units shipped last year, there was an 84.14% YoY growth, gaining 10,577 units in volume. More

New Hero Pleasure Plus XTEC SportsWith the number 18 being part of the livery, it is apparent that Hero Pleasure+ Xtec Sports variant targets the young generationIn Hero MotoCorp’s product range, Pleasure+ is the second best selling scooter model. With its eye-catching profile and peppy performance, Pleasure+ has always been a popular choice. Hero has now introduced a new Sports variant which gets a new colour and exciting graphics.Hero Pleasure Plus Xtec Sports variant – What’s Special?Pleasure Plus Xtec Sports variant gets a new dual-tone Abrax Orange Blue colour theme. While dark blue is the base colour, the orange shade creates an exciting contrast. The orange bits can be seen on the front fender, apron and side body panels. The orange treatment also extends to the wheels in the form of rim stickers.Overall look and feel are further enhanced with chrome accents across the headlamp, front apron, handlebar and side panels. Rear-view mirrors and the grab rail get the body-coloured blue shade. The seat has a dual-tone black and blue colour theme.Most unique aspect about Pleasure Plus Xtec Sports variant is the ’18’ number decal on the apron and side panels. Hero is promoting the MyLicenseToRide hashtag, which clearly shows the association with the legit driving age of 18 years. Lakhs of youngsters reach 18 years of age every month and many of them apply for a driving license. Pleasure Plus Xtec Sports variant offers these individuals a great way to express their joy and excitement.New Hero Pleasure Plus XTEC SportsWith its sporty colour theme and livery, Pleasure Plus Xtec Sports variant remains relevant to all individuals who are looking for something truly unique. The number ’18’ is not so conspicuous and won’t limit the scooter’s applicability to a select group. Hero’s design team seems to have done a great job in choosing a profile that can target a diverse range of potential users.Hero Pleasure Plus Xtec Sports variant – Key featuresEquipment list for the new Sports variant is the same as the standard Pleasure Plus Xtec variant. The scooter has a projector LED headlamp that offers enhanced illumination. Pleasure Plus Xtec has a semi-digital instrument console with Bluetooth connectivity. Users can pair their smartphones to access call and SMS alerts and battery status.Hero Pleasure Plus Xtec is equipped with a 110.9 cc air-cooled, single-cylinder engine. It generates 8 bhp of max power and 8.70 Nm of peak torque. Hero has launched the new Pleasure Plus Xtec Sports variant at Rs 79,738. It is Rs 1,600 costlier than the standard Xtec variant of Pleasure Plus. The top-spec Pleasure Plus Xtec Connected variant is priced at Rs 82,738. It has a range of connectivity features, available via Hero Connect app.New Hero Pleasure Plus XTEC Sports – 18 StickerSome of the key features include live tracking, geofencing, battery removal alerts and remote immobilization. Rider safety features include location sharing, speed alert, accident and topple alert and SOS panic button. Users can also access vehicle diagnostics, roadside assistance, find my vehicle, book a service, trip analysis and driving score. More