Hero MotoCorp on Tuesday said it will commence bookings for the Harley-Davidson X440 across the country from 4:40 pm onwards with deliveries expected to commence from October onwards. The 440-cc bike, which is being manufactured by Hero MotoCorp at its Neemrana plant, could be booked online with a booking amount of Rs 5,000. Additionally, customers can also reserve the Harley-Davidson X440 at all Harley-Davidson dealerships and select Hero MotoCorp outlets across the country, it added. The motorcycle is available in three variants Denim, Vivid and S at an introductory price point of Rs 2.29 lakh, Rs 2.49 lakh and Rs 2.69 lakh (ex-showroom), respectively. Deliveries of Harley-Davidson X440 will commence from October 2023 onwards, the company said. The Harley-Davidson X440 marks Hero MotoCorp and Harley-Davidson's foray into the 440cc segment for the first time in India. In October 2020, Hero MotoCorp and Harley-Davidson had announced a partnership for the Indian market. The deal
Priced at Rs 2.29 lakh, X440 motorbike will directly compete with Eicher Motors' Royal Enfield Classic 350's starting price of Rs 1.93 lakh and the Hunter 350's Rs 1.5 lakh
Pawan Munjal, Executive Chairman, Hero MotoCorp, told reporters, "Right now, focus clearly is on Harley-Davidson X440 for Indian consumer and for the Indian market. We are going one step at a time"
Harley Davidson collaborated with Hero MotorCorp to produce X440 in India, and the bike is scheduled to be launched today at 7.20 p.m. The motorbike is launching specifically for the Indian market
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The make-in-India focus and effective use of local materials is expected to bring costs down for the Harley, enabling it to offer X440 at a competitive price
Two-wheeler maker Hero MotoCorp on Friday said it will hike prices of its motorcycles and scooters by around 1.5 per cent from July 3, citing several factors, including a rise in input costs. The company, which raised prices by around 2 per cent in April this year, said the exact quantum of its latest increase would vary by specific models and markets. "The upward revision of the prices of motorcycles and scooters is part of the price review that the company undertakes from time to time, keeping in mind various factors like price positioning, input costs and business imperatives," it added. Hero MotoCorp further said it will continue with innovative financing programmes to minimise the impact on the customers. "The onset of monsoon in most parts of the country and overall economic indicators bode well for a growth in demand, and industry volumes are expected to pick up, leading into the upcoming festive season," it added.
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For agility, Hero has kept the weight of the motorcycle low at 145kg
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Given its reliable and small-capacity engine, Hero's Passion has earned a reputation for being a workhorse in the Indian countryside and small towns alike
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The country's largest two-wheeler maker Hero MotoCorp has increased price of its electric scooter VIDA V1 Pro by around Rs 6,000 in order to offset the impact of curtailed subsidy structure on electric two-wheelers coming into effect from June 1. The company's flagship electric scooter VIDA V1 Pro will now be available at Rs 1,45,900 including FAME II subsidy and portable charger. This is an increase of around Rs 6,000 from the earlier pricing. When contacted, a company dealer confirmed the development and noted that the two-wheeler maker has absorbed the major impact of the reduction in subsidy under FAME II effective June 1, and passed on only a small fraction of the additional cost to the prospective buyers. A comment from the company could not be ascertained immediately. For electric two-wheelers, the maximum subsidy cap, which was 40 per cent of the ex-factory price, has been reduced to 15 per cent by the Ministry of Heavy Industries. As per the industry sources, the FAME II
HMCL said the momentum is expected to continue in the coming months, driven by an uptick in customer sentiments, forecast of normal monsoon and a host of new launches in the premium segment.
Hero MotoCorp is gearing up for highest ever model introductions this fiscal as it looks to consolidate market share especially in the premium bike segment, according to the company's CEO Niranjan Gupta. The country's largest two-wheeler maker plans to introduce new bikes, including the first product under the Hero MotoCorp-Harley Davidson tie-up, during the ongoing financial year. The company has leadership in the budget bike segment (100-110cc) and is looking to enhance presence in the 125 cc and also drive in models to bring in volumes and enhance profitability in the 160-cc and above space. "We'll have product launches every quarter of this fiscal year. Probably this fiscal, we'll see the maximum number of launches ever seen in the company's history," Gupta said in an analyst call. The company is bullish on growth prospects this year with plans to further enhance its market share across segments, he noted. "We are excited about the fiscal and expect to build on our market shar