The world's largest motorcycle and scooter maker, Hero MotoCorp, announced on Saturday that it had the highest-ever sales in global markets outside of India in any calendar year to date. In the calendar year 2021 (January-December), the company sold 2.89 thousand. units of motorcycles and scooters in the markets of Asia, Africa, South and Central America and the Caribbean. Compared to the same period last year, an increase of 71 percent was recorded. In 2020, the company sold 1.69 thousand units in its markets outside India.
"The company's goal on the right track"
Sanjay Bhan, Global Business Manager at Hero MotoCorp, said: “Our new R4 strategy - recalibrate, revitalize, revolutionize, revitalize - is already starting to pay off. Due to the ongoing COVID-19 pandemic, global logistics and procurement. Given the constraints of the chain, sales in global markets are in line with our plans for the calendar year 2021. We are on the right track to reach our 2025 target. achieve 15 percent of the joint venture’s sales from global business. on.
A growing global presence
Hero MotoCorp has rapidly expanded its global footprint in more than 42 countries on three continents. With the gradual opening of international markets, Hero MotoCorp has also accelerated its global expansion plans. During the third quarter (October-December) of the 22nd financial year, the company opened its new exclusive representative office in Dubai. As a result, its presence in the United Arab Emirates (UAE) has been further strengthened. Hero MotoCorp has also opened a flagship office in Buenos Aires, Argentina, in partnership with Gilera Motors.
An electric car will appear soon
Meanwhile, the Hero MotoCorp plans to launch its first electric car (EV) in March this year. The vehicle will be manufactured at the company’s plant in Chittoor, Andhra Pradesh, South India.
How much did the sale cost?
In December, the company sold 3,947,773 motorcycles and scooters in India and worldwide, including the domestic market. 2021 In November, the company sold 349,393 units, and in December it recorded 13 percent. In the third quarter of the 22nd financial year (October-December), the company's total sales amounted to 12,926,136 units.
Hero MotoCorp monitors the situation on the spot. However, local restrictions imposed by some states will continue to restrict customer movement as Omicron cases increase.
New vehicles released
In line with its commitment to providing customers with youthful products, Hero MotoCorp introduced a range of new bicycle wheels in the third quarter. The company has added two exciting bikes to its top-of-the-range X portfolio, the Xtreme 160R Stealth Edition and the Xpulse 200 4 Valve. The new range of scooters Pleasure + XTec (Pleasure + Xtec) has also added to the festive atmosphere of the company.
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