Hero MotoCorp Limited — Updates, 02-03-2025: Press Release
Hero MotoCorp reported continued growth in both its domestic and global markets, dispatching a total of 3.88 lakh units in February 2025. The domestic market contributed 3.57 lakh units, while global sales grew by 33% year-over-year, exceeding 30,000 units for the third consecutive month. The VIDA electric vehicle brand also saw positive momentum, with 6,200 units dispatched, further affirming its appeal.
The company is enhancing its 125cc scooter lineup, launching the Destini 125 and preparing to introduce the Xoom 125. It is also expanding its premium retail presence with 64 “Premia” dealerships, showcasing products from Hero MotoCorp, VIDA, and Harley-Davidson.
Additionally, a partnership with the Automotive Skills Development Council will see a significant upskilling initiative for women, aiming to train 20,000 individuals across eight roles in the automotive sector over 15 months. Finally, Hero MotoSports posted a strong performance in the Abu Dhabi Desert Challenge, with rider Nacho Cornejo finishing 6th overall. Positive outlook as these initiatives may strengthen market position.
