Hero MotoCorp Sales Surge 18% in October

By By Rediff Money Desk, New Delhi
Nov 01, 2024 21:07
Hero MotoCorp's sales rose by 18% in October, reaching 6.8 lakh units. Strong demand across urban and rural areas, especially in the 100cc and 125cc segments, fueled the growth.
New Delhi, Nov 1 (PTI) Hero MotoCorp on Friday said its overall sales increased by 18 per cent year-on-year to 6,79,091 units in October.

The country's largest two-wheeler maker has sold 5,74,930 units in October 2023.

Domestic dispatches to dealers rose to 6,57,403 units compared to 5,59,766 units in the year-ago period, the company said in a statement.

The company's exports rose to 21,688 units last month from 15,164 units in the year-ago period, it added.

This significant growth was primarily driven by robust demand from key urban and rural areas, particularly in the 100cc and 125cc segments during the festive period, the company said.

Hero MotoCorp said its 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.
Source: PTI
Read More On:
hero motocorptwo-wheeler salesmotorcycle salesoctober salesindia auto industry
DISCLAIMER - This article is from a syndicated feed. The original source is responsible for accuracy, views & content ownership. Views expressed may not reflect those of rediff.com India Limited.

You May Like To Read

MORE NEWS

Hero MotoCorp Sales Surge 18% in October

Hero MotoCorp's sales rose by 18% in October, reaching 6.8 lakh units. Strong demand...

Gold, Silver Jewelry Export Norms Revised:...

The Indian government has revised norms for gold, silver, and platinum jewelry exports,...

Sensex, Nifty Rise in Muhurat Session: Samvat...

Indian benchmark indices Sensex and Nifty surged in the Muhurat trading session on...

PSU Banks Monetize Rs 4.5 Cr Through Scrap...

Public sector banks and financial institutions have earned Rs 4.5 crore through scrap...

Karur Vysya Bank Expands Retail Presence in TN...

Karur Vysya Bank strengthens its retail footprint in Tamil Nadu and Karnataka with the...

Honda Car Sales Drop 23% in October

Honda Cars India's sales declined 23% in October to 10,080 units, with domestic sales...

Google India Profit Rises 6% to Rs 1,425 Cr in...

Google India's profit after tax (PAT) surged 6% to Rs 1,425 crore in the 2023-24 fiscal...

Bullion Rates Today: Gold & Silver Prices in...

Check the latest bullion rates for gold and silver in Bengaluru. Get the price of...

Sensex Rises 448 Points, Nifty Rallies in...

Indian stock markets opened strong in the Muhurat trading session, with Sensex gaining...

3F Oil Palm & Karnataka Govt Partner for Oil...

3F Oil Palm Pvt Ltd has signed an agreement with the Karnataka government to promote...

Read More »

Sectoral Indices Market Indicators Listed Companies Gainers Losers Mutual Funds Portfolio Watchlist
© 2024 Rediff.com