Hero MotoCorp Sells 3 Laks bikes in India
Hero MotoCorp Sells: The occasion of Dhanteras turned out to be an auspicious one for Hero MotoCorp as it sold more than three lakh two-wheelers on that day. The business claims it to be a global record for a large number of two-wheelers offered in one moment. To put things into perspective, that’s 12,500 two-wheelers per hour for a 24-hour interval. Considering the fact that dealerships may be open for just 12 hours each day, that’s more than 25,000 bicycles! Hero network that comprises of more than 6000 dealerships around India helped play a massive part.
This year was a good one for Hero MotoCorp. Not only did the company that has been set up in 1984 cross the 75 million sales mark this year, they also crossed the two million revenue mark in the next quarter of this year prior to selling 7 lakh units in September – all of which are international earnings records for the two-wheeler manufacturer.
Speaking about the accomplishment, a Hero official stated, “This festive season has been a blockbuster for Hero MotoCorp.
The bulk of Hero’s sales come from its commuter bicycle range. The commuter range comprises Splendor + the Splendor iSmart 110, Splendor Guru, Passion Pro, HF Deluxe and HF Deluxe Eco. Hero MotoCorp’s five production centers in Neemrana, and Gurgaon, Haridwar, Halol, Dharuhera assist the producer to grow. Hero MotoCorp can also be in the process of preparing a plant in South India. With the existing plants, Hero is capable of manufacturing 7.6 million two-wheelers annually.
While Hero MotoCorp seems to be going strong from the commuter bicycle segment, it has still not been able to capture the scooter section that’s presently ruled by Honda using all the Activa. The gearless scooter out of Honda has even managed to overtake Hero’s bestselling Splendor in terms of sales. In fact, even TVS has now overtaken Hero when it comes to scooter sales. When Hero unveils a new selection of scooters it has been operating on in February in the 2018 Auto Expo, nevertheless, this may change. The range of scooters is expected to boost earnings and help Hero reach its sales goal of 100 million units.