Page 39 - Hero Motocorp

Hero MotoCorp says double-digit growth in two-wheeler sales to continue

The domestic two-wheeler industry has grown at 10% in the April-December period to sell 13,493,749 units

Hero MotoCorp unveils new 200 cc bike Xtreme 200R

Country's largest two-wheeler maker Hero MotoCorp today unveiled an all-new model - Xtreme 200R - as part of its plans to strengthen presence in the premium segment. The new product powered by a 200cc air-cooled engine will hit markets across the country in April this year. "The all-new Xtreme 200R is a bold and focussed step towards reshaping our presence in the premium segment," Hero MotoCorp Head of Global Product Planning Malo Le Masson told reporters here. Starting this year, the company would focus on the 150 cc and above premium segment and would continue to bring in more products in the category, he added. Powered by a BS-IV compliant 200 cc engine, the Xtreme 200R produces a maximum power of 18.4 PS. The bike can accelerate from 0-60 km/hr in 4.6 seconds and attain a top speed of 114 km/hr, the company added. "The all new Xtreme 200R is reflective of our product development capabilities and also demonstrates the strenuous R&D efforts that are underway at Her

Hero MotoCorp December sales up 43% at 472,731 units

Hero MotoCorp said it sold a record 72,07,363 units of two-wheelers in the whole of 2017

Hero MotoCorp to hike prices of motorcycles by Rs 400 from January

Two-wheeler market leader Hero MotoCorp today said it will increase prices of its motorcycles across models by about Rs 400 per model on an average from January to partially offset rising input costs. The company is the latest automobile firm after Hyundai, Nissan, Mahindra & Mahindra, Volkswagen, Maruti Suzuki India, Tata Motors, Ford, Toyota Kirloskar Motor, Honda Cars India, Skoda and Isuzu, to announce price hikes from early next year. "The price hike translates to about Rs 400 per model. The exact quantum of the increase will vary, basis the model and the specific market," Hero MotoCorp said in a statement. The company sells a range of motorcycles starting from entry level HF Deluxe price at Rs 42,432 onwards to Karizma ZMR tagged at around Rs 1.10 lakh. Automobile firms usually announce price hikes in December as they try to woo customers, who usually postpone purchases to acquire vehicles in the new year.

Hero MotoCorp unveils new Super Splendor, Passion PRO, XPRO bikes

Hero will be announcing the ex-showroom prices of the new motorcycles at the time of the commencement of the products to the dealerships

Hero MotoCorp charts electric two-wheeler journey

Hero MotoCorp, the country's biggest two-wheeler maker, is learnt to be working on at least two electric models, for commercial rollout in the next two to three years. Development work is on at the company's research and development centre in Jaipur. Hero has also invested Rs 205 crore in Ather Energy, a Bengaluru-based entity which is developing electric two-wheelers."Hero MotoCorp intends to enhance its participation in the electric vehicle (EV) space by pursuing its internal EV programme, in addition to partnering with Ather. At the Hero Centre of Innovation and Technology (CIT) in Jaipur, we have an ongoing project exclusively dedicated to developing EVs," said a company spokesperson. The CIT was set up at an investment of Rs 850 crore; it was inaugurated in February 2016. The spokesperson did not specify the number of electric models under development. Some think it is working on three or four models, a mix of scooters and motorcycles. Hero had showcased an electric variant of ...

Hero MotoCorp plans separate retail channel to market premium bikes

We will have more products in the premium segment with higher engine capacity, says Hero MotoCorp CEO

Hero MotoCorp riding over past blues

Helped by strong festive demand, financials back to form

Hero MotoCorp vrooms on rural sales, more steam left

The Hero MotoCorp stock was up 1.4 per cent after strong sales in the festive season. However, given the expectation of this momentum continuing led by demand pick up both in urban and rural markets, and looking at analysts' target prices, there is room for further upsides for the stock. The immediate trigger has been the news that the company has sold over three lakh units of two wheelers at the retail level on October 17, the day of Dhanteras. The strong conclusion to the festival season follows its record sales in September of over 7 lakh units, its highest ever on a monthly basis. Analysts highlight multiple reasons for the uptick. The most important one is the rural economy given normal monsoons after a two year gap, minimum support prices announced by the government which is among the highest in the last five years and implementation of the farm loan waiver. Sales in urban areas is also expected to pick up driven by low interest rates and gradual recovery demand. Analysts at ...

Hero MotoCorp sells over 3 lakh units on Dhanteras: Official

In Sept 2017, the firm became the only two-wheeler manufacturer to sell over 7 lakh units in a month

Hero MotoCorp sells record over 2 million units in July-September quarter

This landmark achievement in sales has been possible due to an excellent team effort: Hero MotoCorp Head of Sales

Hero MotoCorp surpasses 75 mn sales milestone

The 75 million sales milestone is in line with Hero's vision of surpassing 100 million sales by 2020

Hero MotoCorp best performing auto stock, up 10% so far in August

The stock hit a new high of Rs 4,044, up 2% on BSE in intra-day, extending its past two weeks gain.

Hero MotoCorp to launch 3 new scooter models to take on Honda

Hero MotoCorp to launch a new 125 cc scooter in the fourth quarter of the ongoing fiscal

Hero MotoCorp up 3% on strong July sales

The stock was up 3% to Rs 3,838 after the company reported 17% growth 2-wheeler sales in July.

Hero MotoCorp set to be new profit leader after 10 quarters

Two-wheeler major's profit estimated to range between Rs 912 cr and Rs 1,016 cr in Q1

Hero MotoCorp phases out select models, variants

Company already has over 50% market share in 100 cc and 150 cc bike segments

Hero MotoCorp hits new high post May sales

The stock up 3% to Rs 3,849 after the company reported 8.7% growth in sales at 633,884 units in May

Low volumes, BS-III discounts pull Hero's Q4 net down by 14% at Rs 718 cr

Total income fell about 8% to Rs 7,606 cr; announces final dividend of Rs 30 per share

Investors may forgive Hero MotoCorp's Q4 miss

Analysts had muted expectation for March quarter, given the overhang of change in emission norms