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Hero MotoCorp Domestic Sales Witness A 7% YoY Drop In November

Hero MotoCorp has released its sales figures for November 2024. The homegrown two-wheeler manufacturer sold 459,805 last month, compared to 491,050 units in November 2023, indicating a YoY decrease of 6.36%. Domestic sales for the brand stood at 439,777 units in November 2024, compared to 476,286 in November 2023. This marks a reduction of 7.66%. Hero MotorCorp's exports grew at 35.65% in November 2024, with 20.028 units, compared to 14,764 units exported in the same month last year.

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Hero Motorcorp sold 425,856 motorcycles in November 2024, compared to 441,276 units in November 2023, signalling a decrease of 3.49%. Scooter sales for the brand also declined by 31.79 % in November 2024, with Hero selling 33,949 units compared to 49,774 units in November 2023.

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Besides announcing the November 2024 sales figures, Hero MotorCorp also said that it will soon introduce new models in India in the ICE and EV segments. These are likely to be the four models unveiled by the brand at the EICMA 2024. The list includes the Xpulse 210, Xtreme 250R, Karizma XMR 250, and the Vida Z electric scooter.

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