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Hero MotoCorp registers 18% sales growth in October

04 Nov 2024 Evaluate

Hero MotoCorp has sold 679,091 units of motorcycles and scooters in October 2024. The Company registered a healthy double-digit growth of 18% over the corresponding month of the previous fiscal when it sold 574,930 units in October 2023. This significant growth was primarily driven by robust demand from key urban and rural areas, particularly in the 100cc and 125cc segment during the festive period.

Hero MotoCorp’s electric vehicle brand, VIDA, continued to have a strong growth trajectory this year and achieved its highest-ever monthly dispatches, reaching 8,750 units in October 2024.

Hero MotoCorp is the world’s largest manufacturer of motorcycles and scooters.


Peers
Company Name CMP
Bajaj Auto 11060.00
TVS Motor Company 4096.40
Hero MotoCorp 5333.00
Eicher Motors 7224.60
OLA Electric Mobilit 38.21
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