Hero MotoCorp Registers 20% Growth In February 2018; 6 Lakh Units Sold

Hero MotoCorp consolidated its dominance in the two-wheeler sector with over 6 lakh units sold in February 2018. The Indian two-wheeler giant sold 629,597 units last month, a growth of 20 per cent, as against the 524,766 units sold during the same month last year. This is for the ninth month in this financial year that Hero's monthly sales have crossed the six lakh mark. The company announced that its major growth driver for the month has been the increase in sales scooters, but its motorcycle brands continue to remain its mainstay growth drivers.

Hero's majority sales come from the 100-125 cc two-wheeler segment, which includes motorcycles like the Splendor, Passion Pro and the HF Series. The Hero Glamour 125 is the second most popular 125 cc motorcycle in the country. The manufacturer also has a number of offerings including the Duet, Maestro Edge and Pleasure in the 110 cc scooter segment.

That said, Hero MotoCorp is now expanding into the premium motorcycle space as well. At the recently concluded Auto Expo 2018, the bike maker showcased the new Xtreme 200R and the Hero XPulse 200 adventure motorcycle. Both the bikes will be going on sale this year over the next few months.

The two-wheeler maker also showcased the Maestro Edge 125 and Duet 125 at the expo, which will also go on sale this year. Based on the 110 cc Maestro Edge and Duet, the scooters get a bigger with subtle tweaks in styling, and the addition of the bike maker's i3S technology for higher fuel efficiency.