Thursday, December 17, 2020

Hero Motors - worlds largest 2 wheeler maker in terms of no of units sold for last 19 years

Hero MotorCorp

Hero MotoCorp is India's leading two wheeler company, which has been providing customers with an excellent range of two wheelers that ensure both style and comfort. 

The story of Hero MotoCorp can be traced back to the vision of a mobile and empowered India, powered by its two wheelers. Today, Hero MotoCorp has made it its mission to become the best two wheeler company, not only in India but globally by setting benchmarks in style, performance and technology.




Manufacturing Facilities 

Hero MotoCorp has eight globally benchmarked manufacturing facilities, 

  • including six in India (Dharuhera, Chittoor, Gurugram, Haridwar, Neemrana, Gujarat) and
  •  one each in Colombia and Bangladesh. 


World's Largest Two Wheeler Company

In 2001, the company achieved the most sought-after recognition of being the largest and best bike manufacturer in India and also the 'World No.1' two-wheeler company in terms of unit volume sales in a calendar year. 

Hero MotoCorp Ltd. continues to maintain this position till date.


Milestones 

  • 1983 - Joint Collaboration Agreement with Honda Motor Co. Ltd. Japan signed Shareholders Agreement signed.
  • 1984 - Hero Honda Motors Ltd. incorporated.
  • 1987 - 100,000th motorcycle produced.
  • 1994 - 1,000,000th motorcycle produced.
  • 2000 - 4,000,000th motorcycle produced, Splendor declared largest selling single 2 wheeler model.
  • 2004 - Total sales crossed a record of 10 million motorcycles. 

  • 2006 - 15 million production milestone achieved.
  • 2011 - 5 million cumulative sales in a single year. 
  • 2013 - 50 Million cumulative 2 wheelers production achieved.
  • 2017 - 7 million cumulative slaes in a single year achieved. 
  • 2019 - Hero MotoSports Wins The Pan Africa Rally 2019 At Merzouga.

Hero MotorCorp Share - Past 1 year 

Hero MotorCorp Share - Past 5 years 



Hero MotorCorp Share - Since 1999



(Disclaimer : This blog is for information purposes only. Equity market investing is a with risk investing, including risk on capital invested. Please take a well considered decision.)