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Hero Motocorp Domestic & Export Volumes for February 2021

Hero Motocorp registered a YoY growth of 1% in Domestic dispatches and the exports shot up by 19% in Feb'21 v/s Feb'20. While Splendor was the highest-selling model in the domestic market; it also emerged as the largest-exported model in Hero's portfolio.

Key Observations: Domestic Market

  • Pleasure has seen strong growth and was the best selling scooter in Hero's range!

  • Xpluse 200 has had a very healthy wholesale and faring good.

  • Xtreme has continued to see growth in both domestic & export markets.

  • Splendor continues to be the bread and butter model with 2,13,146 numbers and contributes to over 44% in domestic market.

  • HF Deluxe continues to cross the 1 lakh mark but sales fell -28% YoY in Domestic scenario.

Key Observations: Exports Market

  • Splendor is the highest-selling model here also. However, it has seen sharp degrowth.

  • Xtreme and Xpulse continue to play a crucial role here as well.


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