Talking about exports, 24,436 vehicles were sold in July 2019 while 7,563 vehicles have been sold in July 2020. Talking about the figures, 4.78 lakh bikes and 35,843 unit scooters have been sold.
Hero has reported that more than 95 percent of showrooms have been opened. Social distancing and rescue instructions are being followed at all showrooms to avoid corona infection.
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Let us know that Hero has launched the new Extreme 160R and Xpuls 200 BS6 just a few weeks ago. The company has also started delivery of this bike. Along with this, the company has also introduced the new Glamor FI 125. The new Glamor FI 125 can also be launched soon.
The new Glamor FI BS6 drum variant is priced at Rs 69,750 (ex-showroom, Delhi) and the front disc variant is priced at Rs 73,250 (ex-showroom, Delhi).
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Hero has recently released the teaser of BS6 XPS 200T and Extreme 200S on its official website. Both these bikes are also ready to be launched.
Hero has set a target of selling 100 million two-wheelers by 2021. Hero has stated that the company has a cash reserve of Rs 14,096 crore, which the company will use to ramp up production in the domestic market and invest in external markets.