The 2018 Hero Karizma ZMR will be available in two colour options --- standard and dual tone --- at Rs 108,000 (ex-showroom, Delhi) and Rs 110,000 (ex-showroom, Delhi)
Hero MotoCorp skid to its 52-week low of Rs 3,266, down 3%, extending its 4% decline in the past two trading days ahead of June 2018 (Q1FY19) results on Wednesday, July 25, 2018.
First unveiled at the Auto Expo 2018, the XPulse 200 adventurer tourer is a successor of Hero Impulse, a 150cc adventurer sports tourer that was launched in 2013, and later discontinued in 2017
Spike in crude oil prices, recovery local currencies drive sales in markets abroad; Firm's Bangladesh sales up 194% in FY18, Argentina up 252%
The two variants will retail for Rs 109,750 and Rs 124,750 with a monthly subscription of Rs 700 covering charging and maintenance costs
Strong rural sales, higher festive demand, good response to new models, helped Hero record 20% growth in two-wheeler sales in March
Expecting market demand to grow significantly in the near future, Hero MotoCorp is also investing in ramping up its production capacity
The other joint venture partner's shareholding in the JV has decreased to 32% on a fully diluted basis from 49%, it added.
Hero already controls a third in Ather Energy, a start-up incubated by Indian Institute of technology
The country's largest two-wheeler maker is taking a cue from Maruti Suzuki to appeal to customers at the premium end of the market
The domestic two-wheeler industry has grown at 10% in the April-December period to sell 13,493,749 units
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 said it sold a record 72,07,363 units of two-wheelers in the whole of 2017
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 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, 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 ...
We will have more products in the premium segment with higher engine capacity, says Hero MotoCorp CEO
Helped by strong festive demand, financials back to form
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 ...
In Sept 2017, the firm became the only two-wheeler manufacturer to sell over 7 lakh units in a month