Hero MotoCorp Press release: This festive season or we can say in the previous month the Hero MotoCorp’s profit jumps by 26%. In October 2023, Hero MotoCorp—the largest motorcycle and scooter manufacturer in the world—sold 574,930 units. In October 2022, the company sold 454,582 units, marking a double-digit increase of 26% over the same month in the previous fiscal year. Hero MotoCorp anticipates that demand will continue to be strong due to the ongoing holiday season and recent product introductions in the premium market.
Below you can see the growth of company from its press release
What’s new from the Hero MotoCorp Press release?
Hero MotoCorp’s line of high-end goods, which includes the recently released flagship motorcycle Karizma XMR, Vida V1 scooters and Harley-Davidson X440, will be on show at Hero Premia. The business has started delivering Karizma XMR to customers. On the auspicious first day of the Navratri festival, Hero MotoCorp started shipping the Harley-Davidson X440, the company’s first co-developed luxury motorcycle. One thousand units were sold through 100 dealerships in India as part of the big delivery campaign.