Hero MotoCorp has released its sales report for January 2022. The two-wheeler maker posted a total sales of 3,80,476 units for the given period. Given the third wave of the pandemic, subsequent staggered state-wise lockdowns and restricted movement have impacted the sales significantly.
In the motorcycles segment, Hero MotoCorp posted a total sales of 3,57,845 units. The same for January 2021 stood at 4,49,037 units. For scooters, the two-wheeler maker posted a total sales of 22,631 units for January 2022. This is down from 36,852 units for the same period last year. Thus, accounting for both motorcycles and scooters, Hero MotoCorp’s sales volume stood at 3,80,476 units, as against 4,85,889 units for January 2021. For the domestic market, the sales volume stood at 3,58,660 units for January 2022. And for January 2021, this stood at 4,67,776 units. In terms of international business, the export figure rose from 18,113 units in January 2021 to 21,816 units in January 2022.
Important Updates
Hero MotoCorp is aggressively expanding its reach in the international market. The company recently strengthened its presence in Central America by expanding its operations and commenced retail sales at a newly opened flagship store in San Salvador, the capital city of El Salvador. Given the current situation, Hero MotoCorp announced the commencement of online bookings of its latest motorcycle XPulse 200 4-Valve. This will help attract more customers to experience the motorcycle in a safer way. The bookings for the second lot of the motorcycle is now open, after the tremendous response received for the first slot.
To enhance the spending plan on capital expenditure, Hero increased allocation to the Rural Infrastructure Development Fund. This will push for infrastructure developments under Gati-Shakti and likely aid a credible economic recovery and employment generation. Alongside this, the increased economic activity and growth in employment will also fuel demand for automobiles, including the two-wheelers. Furthermore, the Hero Global Centre for Innovation & Technology (CIT) became the first research and development facility to receive a GreenCo Platinum rating under the R&D category. And this makes it the only unit to obtain a green rating under the CII – Rajasthan State Pollution Control Board (RSPCB) scheme.
Also Read: Hero MotoCorp Xpulse 200 4 Valve online bookings reopen.
