Hero MotoCorp has released its sales report for January 2023. The Indian two-wheeler manufacturer retailed a total of 3,56,690 motorcycles and scooters in the given month. This figure includes 3,33,638 units of motorcycles and 23,052 units of scooters. For comparison, Hero MotoCorp sold a total of 3,80,476 units in January 2022. For January 2022, motorcycle and scooter sales stood at 3,58,60 units and 21,816 units, respectively.
The two-wheeler manufacturer retailed a total of 3,49,437 units for the domestic market. The figure was down from 3,58,660 units in the corresponding month of 2022. The exports too declined from 21,816 units in January 2022 to 7,253 units in January 2023. But, as per Hero MotoCorp, it expects the demand to get better in the festive and marriage season in the latter part of the month.
Hero MotoCorp recently launched a brand-new scooter for the Indian market. This is the new Hero Xoom that retails with a price tag of INR 68,599 (ex-showroom) for the base LX variant. Meanwhile, the VX and the ZX variants cost INR 71,799 and INR 76,699 (ex-showroom), respectively. The bookings for the scooter are currently underway.
After the Pleasure Plus and the Maestro Edge, the Hero Maestro Xoom, makes way as the 3rd 110cc gearless scooter in the lineup. Maestro Xoom will look to compete against the other options in the 110cc market. With a host of upgrades and new features over the standard model, Zoom stands a good chance to attract a significant audience.
Given the rising popularity of scooters in the Indian market, Xoom is a promising product. But then with the incoming EV revolution, it’s not an easy road ahead. Given Hero MotoCorp’s wide network, it’s a massive plus point for Xoom. Customers from all across the country can experience the scooter which will add to the sales volume.
Also Read: Hero MotoCorp Maestro Xoom will get LX, VX & ZX variants.