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Hero MotoCorp Sales Report May 2024: 4,98,123 Units Sold & Decline By 4.11%

Hero MotoCorp Sales Report May 2024: 4,98,123 Units Sold & Decline By 4.11%

Hero MotoCorp, the global leader in motorcycle and scooter manufacturing, experienced a decent sales surge in May 2024. They delivered a staggering 4,98,123 units, a 4.11% decline compared to May 2023's figure of 5,19,474 units. 

 

Hero MotoCorpMay 2024May 2023YoY %
Motorcycles 4,71,1864,89,336-3.70%
Scooters 26,93730,138-10.62%
Total4,98,1235,19,474-4.11%
Domestic 4,79,4505,08,309-5.67%
Exports 18,67311,16567.24%

 

Hero Domestic & Export Sales May 2024

Hero MotoCorp domestic sales figures for May 2024 also marked a significant decline of 5.67%, with sales units of 4,79,450 against 5,08,309 domestic sales in May 2023. Meanwhile, the export sales figures saw an incredible increase of 67.24% with a sales unit of 18,673 against 11,165 export sales in May 2023. 

 

Hero Domestic & Export Sales YTD 2024-25

Hero MotoCorpYTD FY 2025YTD FY 2024Change
Motorcycles 9,67,7288,58,16612.76
Scooters 63,98057,41511.43
Total10,31,7089,15,58112.68
Domestic 9,92,7468,94,49310.98
Exports 38,96221,08884.75

 

In YTD 2025, Hero has seen domestic sales of 9,92,746 units as compared to the 8,94,493 units in YTD 2024. Moreover, the company also increased by 84.75%, marking 38,962 units from 21,088 units in FY 2024.

 

Hero Scooter & Motorcycle Sales May 2024

  • Motorcycle sales decreased by 3.70%, from 4,89,336 in May 2023 to 4,71,186 in May 2024.
  • Scooter sales decreased by 10.62% to 26,937 in May 2024 from 30,138 in May 2023.
  • In YTD FY 2025, Motorcycle & Scooter sales rose by 12.76% and 11.43%, respectively, in May 2024.

Before you go, don't forget to check out our recent news coverage on upcoming bikes and scooters in June 2024.

 

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