Saturday, November 16

Tag: HERO MOTOCORP

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HERO MOTOCORP  REGISTERS A GROWTH OF 13% WITH RETAIL SALES OF 16 LAKH UNITS DURING THE 32-DAY PERIOD

New Delhi, November 2024. Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, achieved its highest-ever retail sales during the recent 32-day festive period,  starting from Navratri. With sales of over 15.98 lakh (1.6 million) units, the company registered an impressive 13% growth compared to the festive season of 2023. The robust demand for Hero MotoCorp's products was evident across both urban and rural India. The 125cc motorcycle segment, with Xtreme 125R, emerged as a key growth driver, while the 100cc segment also contributed positively to the company's strong sales performance. VIDA, Hero MotoCorp's electric vehicle brand, crossed a significant milestone by achieving  11,600 retail sales during the same period. VIDA network's ongoing exp...
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HERO MOTOCORP UNVEILS FESTIVE CAMPAIGN SHUBH MUHURAT AAYA, HERO SAATH LAYA

New Delhi, October, 2024. Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has announced an innovative festive campaign that celebrates the auspicious beginning of festivities in India and embodies the country’s rich heritage and traditions. ‘ShubhMuhuratAaya, Hero SaathLaya’marks the third edition of Hero MotoCorp’s Grand Indian Festival of Trust (GIFT)offering customers an exciting opportunity to dial up the festive cheer by bringing home their favourite Hero MotoCorp products. In an industry-first approach, Hero MotoCorp is introducing a ground-breaking Gen-AI campaign, ‘ShubhMuhuratSaathi,’ featuring youth icons and actors, Divyendu Sharma and Hansika Motwani. Through an exciting AI feature, the celebrities will feature in a personalised video messa...
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HERO MOTOCORP GEARS UP FOR A GOOD FESTIVE SEASON WITH 6.37LAKH SALES IN SEPTEMBER 2024

New Delhi, October 2024. Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, sold 637,050 units of motorcycles and scooters in September 2024. The company has sold 3,054,840 units in YTD FY’25 (Apr-Sep’24), translating into a 10% growth over the same period last year (Apr-Sep’23)and continues to experience strong demand across the 100cc, 125cc, and premium segments. The Company also continued to expand its global business and registered a remarkable growth of 30% in its YTD sales. A positive sentiment is prevalent in the industry as it approaches the festive season on the back of a good monsoon.Hero MotoCorp is geared up with a host customer offers, in line with previous festive periods, across its wide and attractive portfolio. The company has a str...
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HERO MOTOCORP CONCLUDES ‘THE CENTENNIAL’ AUCTION WITH RESOUNDING SUCCESS

New Delhi, September 13, 2024 The overwhelming response to 'The Centennial' reflects the deep admiration and respect for our Chairman Emeritus, Dr. Brijmohan Lall Munjal. This masterpiece embodies his values and stands as a lasting tribute to the remarkable legacy he left behind. My father was deeply committed to giving back to society, and his principles and vision continue to inspire through the institutions he founded. I extend my heartfelt gratitude to the entire Hero community for their generous contributions, helping raise funds for charitable initiatives. Aligned with our “customer-first”’ philosophy, we are excited to offer this masterpiece to our most valued stakeholders - our 118+ million customers around the globe - through an AI-powered contest Dr. Pawan Munjal E...
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Hero MotoCorp and FIH Embark on Global Partnership

New Delhi, August 2024. The International Hockey Federation (FIH) is delighted to announce a new partnership with Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, for a period of five years. With this massively important agreement for hockey’s development, Hero MotoCorp becomesFIH’s Global Leadership Partner, and confirms their strong, long-term engagement with global hockey that has spanned over the past 15 years. This strategic alliance aims to elevate the sport to new heights,drive hockey’s global growth and inspire future generations of hockey enthusiasts worldwide. Dr.Pawan Munjal and Tayyab Ikram met on the side-lines of the ongoing Paris Olympics to discuss the collaboration. Commenting on the agreement, Dr. Pawan Munjal, Executive Chairman...
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HERO MOTOCORP EXPANDS ITS GLOBAL PRESENCE

New Delhi/ Manila, August 01, 2024 Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has commenced operations in the Philippines. This strategic expansion marks a significant milestone in the company’s effortsto strengthen its global presence. Terrafirma Motors Corporation (TMC), a part of the Columbian Group of Companies, one of the leading and most experienced automotive groups in the Philippines, will serve asthe exclusive assembler and distributor of Hero MotoCorp products& services. The partnership between the two companies was announced in October 2022. Niranjan Gupta, Chief Executive Officer, Hero MotoCorp said, “The commencement of operations in the Philippines will bolster our overall global presence. Hero MotoCorp, with its extensive and in...
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MASTERPIECE FOR THE MASTER INSPIRED BY A VISION – TRIBUTE TO A LEGACY
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MASTERPIECE FOR THE MASTER INSPIRED BY A VISION – TRIBUTE TO A LEGACY

New Delhi, 01 July, 2024. Hero MotoCorp, the world's largest motorcycle and scooter manufacturer, is paying tribute to its visionary Founder Chairman, Dr.BrijmohanLall Munjal, with the collector's edition motorcycle, 'The Centennial.' 'The Centennial' was conceptualised, designed and developed by the global experts at the Hero Centre for Innovation and Technology (CIT) in India and the Hero Tech Centre in Germany (TCG). This masterpiece reflects the company's commitment to innovation and excellence. With only 100 meticulously handcrafted units, it embodies premium performance and craftsmanship. In honour of Dr.BrijmohanLall Munjal's 101st birth anniversary, the company will auction these bikes to its employees, associates, business partners, and stakeholders. The proceeds from the...
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HERO MOTOCORP TO REVISE PRICES OF MOTORCYCLES & SCOOTERS FROM JULY 1, 2024
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HERO MOTOCORP TO REVISE PRICES OF MOTORCYCLES & SCOOTERS FROM JULY 1, 2024

New Delhi, June 24, 2024 Hero MotoCorp will make an upward revision in the ex-showroom prices of select motorcycles and scooters, with effect from July 1, 2024. The price revision will be up to Rs. 1,500 and the exact quantum of increase will vary by specific model and market. The revision has been necessitated to partially offset the impact of higher input costs.
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CHAMPIONING SUSTAINABILITY, HERO MOTOCORP BECOMES 100% ZERO-WASTE-TO-LANDFILL
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CHAMPIONING SUSTAINABILITY, HERO MOTOCORP BECOMES 100% ZERO-WASTE-TO-LANDFILL

New Delhi, June 2024 Hero MotoCorp – the world’s largest manufacturer of motorcycles and scooters – has emerged as a champion of sustainability, with all its eight facilities – including all the six manufacturing plants - in India being certified as ‘Zero-Waste-to-Landfill’(ZWL). Making this announcement on the occasion of the World Environment Day,Niranjan Gupta, CEO, Hero MotoCorp, said “Sustainability is a commitment in our journey to be an environment-friendly business.  Our zero-waste-to-landfill policy is rooted in our belief that to be a sustainable business, manufacturing with an unflinching commitment to the environment is as important as providing quality and fuel-efficient products and creating an engaging customer experience,” says. “Abooming economy with its ever...
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HERO MOTOCORP LAUNCHES THE LATEST GENERATION SPLENDOR+
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HERO MOTOCORP LAUNCHES THE LATEST GENERATION SPLENDOR+

New Delhi, May 31, 2024 Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has launched the latest generation of the iconic Splendor – the Splendor+XTEC 2.0 – to celebrating the 30th anniversary of the world’s highest-selling motorcycle. Thispremium and tech-laden Splendor keeps its iconic design while integrating modern elements such as LED headlights with HIPL (High Intensity Position Lamp), a unique H-shaped signature tail lamp that givesit a distinctive appearance and multiple convenience & safety features. Showcasing its all-around dominance,the motorcycle boasts excellent fuelefficiency of 73 kmpl. The Splendor+ XTEC 2.0 includes a digital speedometer with Eco-indicator for better fuel efficiency, RTMI (Real Time Mileage indicator), Bluetooth co...
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HERO MOTOCORP JOINS THE ONDC NETWORK
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HERO MOTOCORP JOINS THE ONDC NETWORK

New Delhi, May 13, 2024 Aligned with its customer-first approach,Hero MotoCorp, the world’s largest manufacturer of scooters and motorcycles, has joined the ONDC Network, thereby becoming the first auto company in the country to join the network. Hero MotoCorp already has the largest physical distribution and service network in Indian Auto Industry. Partnering with ONDC will further enhance the reach and convenience, providing an easily accessible digital mode to customers. The Open Network will initially offertwo-wheeler parts, accessoriesand merchandise. Customers can easily discover Hero Genuine Parts by using any buyer apps on the Network, such as Paytm and Mystore, among others. By improving reach and creating a fair and efficient environment for Hero MotoCorp’s channel partn...
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HERO MOTOCORP ANNOUNCES THE PRICE FOR MAVRICK 440
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HERO MOTOCORP ANNOUNCES THE PRICE FOR MAVRICK 440

New Delhi, February 14, 2024. Heralding a new era in the upper premium segment, Hero MotoCorp, the world’s largest manufacturer of scooters and motorcycles,will open the bookings for its flagship motorcycle – Mavrick 440 starting today, 14thof February 2024. Customers can book their motorcycles at specified Hero MotoCorp customer outlets as well as digitally by visiting www.heromotocorp.com. Deliveries of the motorcycle to customers will commence from April onwards. The much-awaited motorcycle of the year will be available in three variants – Base, Mid andTop at Hero MotoCorp dealerships across the country at an attractive price point of Rs199,000/- (Base), Rs 214,000/- (Mid) and Rs 224,000/- (Top)* respectively. *Prices are Ex-Showroom pan-India. The company is also launchi...
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HERO MOTOCORP UNVEILS EXCITING FUTURE ROADMAP AT HERO WORLD 2024
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HERO MOTOCORP UNVEILS EXCITING FUTURE ROADMAP AT HERO WORLD 2024

Jaipur, January 23, 2024. “The year 2024 is indeed very special as we celebrate the 40th anniversary of Hero. Today we stand as a beacon of Indian ingenuity and enterprise, contributing significantly to the resurgence of our nation's manufacturing capabilities, engineering, innovation and technology prowess.  The year 2024 also holds special significance as we celebrate and commemorate the centennial year of our Founder & Chairman Emeritus, my beloved father and our Hero Forever, Dr. Brijmohan Lall Munjal. His towering personality remains unparalleled, continuing to inspire me and all of us through his enduring legacy and steadfast value system. The global footprint of Hero MotoCorp today extends to nearly 50 countries across multiple continents, where Hero is not just a br...
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HERO MOTOCORP’S GURUGRAM MANUFACTURING FACILITY WINSCII NATIONAL AWARD
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HERO MOTOCORP’S GURUGRAM MANUFACTURING FACILITY WINSCII NATIONAL AWARD

New Delhi, January 03, 2024 The state-of-the-art manufacturing facility of Hero MotoCorp, situated in Gurugram in Haryana, has been conferred with the CII National Award for Excellence in Water Management, and rated as the ‘Winner’ in the ‘Within the Fence’ category. This is a recognition of the Company’s innovation and excellence in water management and the positive outcome of the water management initiatives at its Gurugram facility. As an organization,Hero MotoCorpis well on its way to achieving its committed target of being 500% water positive by 2025. Hero MotoCorp – the world’s largest manufacturer of motorcycles and scooters - is currently saving close to 3.8 million kiloliters of water every year. The Company is rapidly moving towards ‘water stewardship’ by not only red...
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HERO MOTOCORP MAKES A SPLASH AT EICMA 2023
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HERO MOTOCORP MAKES A SPLASH AT EICMA 2023

Milan, November 08, 2023. “In keeping with our vision “Be the Future of Mobility”,Hero MotoCorp is driven by innovation and extensive research. Brand Hero is trusted by its 112 million customers across the world and is now transforming itself as a technology powerhousethat is ready to serve the evolving global customer. “Through our eco-friendly, sustainable green manufacturing, fuel-efficient ICE products and technologically-advanced electric vehicles, developed at our world-class research and development facilities in India and Germany, we are committed to meeting the current and future mobility needs of customers in diverse geographies around the world. “With this foray into Europe with our Electric Vehicles, I am confident that Hero MotoCorp will soon emerge as a trusted bran...
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HERO MOTOCORP LIGHTS UP THE FESTIVE SEASON WITH 2ND EDITION OF ‘GRAND INDIAN FESTIVAL OF TRUST’
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HERO MOTOCORP LIGHTS UP THE FESTIVE SEASON WITH 2ND EDITION OF ‘GRAND INDIAN FESTIVAL OF TRUST’

New Delhi, October 18, 2023 Addingcheer to the festive season, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters today announced the second edition of Hero GIFT - theGrand Indian Festival of Trust. The GIFT program encompassesnew model refreshes, eye-catching color schemes, exciting benefits*, finance schemes*and much more. First launched in the year 2022, the Hero GIFT program embodies unbridled celebrations with refined modern traditions. The theme for the mega campaign this year is ‘IssTyohar,NayiRaftaar’ which reflects the positive sentiments of the Indian families who are gearing up to celebrate thefestival with excitement and optimism. Commenting on the occasion, Mr.Ranjivjit Singh, Chief Business Officer, India Business Unit, Hero MotoCorpsaid, ...
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HERO MOTOCORP SELLS 1,000 HARLEY-DAVIDSON X440 ACROSS 100 DEALERSHIPS
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HERO MOTOCORP SELLS 1,000 HARLEY-DAVIDSON X440 ACROSS 100 DEALERSHIPS

New Delhi, October, 2023. Ushering in the celebrations of the festive season, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, commenced deliveries of Harley-Davidson X440across the country from 15th October. The mega deliveries of Harley-Davidson X440 motorcycles were conducted across 100 dealerships,  including Harley-Davidson and select Hero MotoCorp outlets in different parts of the country. Harley-Davidson X440 is being manufactured at Hero MotoCorp’s manufacturing facility – called the Garden Factory - at Neemrana in the northern Indian state of Rajasthan. Since its unveiling in July 2023, the Harley-Davidson X440has captivated the premium segment customers across India, thereby clocking more than 25,000 bookings within just a month of its...
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HERO MOTOCORP RECEIVES 13,688 BOOKINGS FOR KARIZMA XMR
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HERO MOTOCORP RECEIVES 13,688 BOOKINGS FOR KARIZMA XMR

New Delhi, October 05,2023 Riding the wave of an overwhelming response for its premium product launches, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, has received13,688 bookings for its newly launched flagship motorcycle, Karizma XMR. Dispatches of Karizma XMR to Hero MotoCorp dealerships have already started and customer deliveries will begin in the festive period this month. Hero Karizma XMR was launched atan introductory price of INR 1,72,900/- and the bookings for the initial set of customers commenced on August 29th, 2023 and were closed on September 30th, 2023. The new Karizma XMR will now be available at Rs. 1,79,900/- (ex-showroom Delhi) and the company will announce the new booking window soon. Mr. Ranjivjit Singh, Chief Business Offi...
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HERO MOTOCORP TO REVISE PRICES OF SELECT MOTORCYCLES & SCOOTERS FROM OCTOBER 3, 2023
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HERO MOTOCORP TO REVISE PRICES OF SELECT MOTORCYCLES & SCOOTERS FROM OCTOBER 3, 2023

New Delhi, September 29, 2023 Hero MotoCorp will make a marginalrevision in the ex-showroom prices of select motorcyclesand scooters, effective from October 3, 2023. The price increase will be around 1% and the exact quantum of increase will vary by specific models and markets. The price revision is part of our regular review of product competitiveness and positioning, factoring inflation, margins and market share.
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HERO MOTOCORP ANNOUNCES NEW PRICE OF KARIZMA XMR, BOOKINGS WITH INTRODUCTORY PRICE TO CLOSE ON SEPTEMBER 30TH
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HERO MOTOCORP ANNOUNCES NEW PRICE OF KARIZMA XMR, BOOKINGS WITH INTRODUCTORY PRICE TO CLOSE ON SEPTEMBER 30TH

New Delhi, September 2023. Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, announced the new price of the Karizma XMR. The new price will be INR 1,79,900 onwards (Ex-showroom, Delhi)w.e.f. October 1st, 2023. Hero Karizma XMR will be available at current introductory price of INR 1,72,900, till Midnight, September 30th 2023. Customers can continue to book the motorcycle at Hero MotoCorp dealerships across the country or online by visiting www.heromotocorp.com or calling on 7046210210 with a booking amount of INR 3,000/-. The current booking window will close at Midnight on September 30th, and the date for new booking window will be announced later, which will be with the revised price. Mr. Ranjivjit Singh, Chief Business Officer (India Business Unit...
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HERO MOTOCORP REVS UP THE PREMIUM MOTORCYCLE SEGMENT
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HERO MOTOCORP REVS UP THE PREMIUM MOTORCYCLE SEGMENT

New Delhi, August 29, 2023 Reiterating its accelerated focus in the premium segment, Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters, today launched the highly anticipated Karizma XMR. The new Karizma XMR is the most powerful motorcycle in its class, producing the highest torque. The motorcycle is powered by 210cc Liquid Cooled DOHC Engine, 6 Speed transmission that comes with Slip and Assist Clutch and Dual Channel ABS – purpose built for the perfect ride redefining the sports segment. With today’s customers looking for Advanced Technology, the new Karizma XMR is packed with the segment-first adjustable windshield, IntelligentIlluminationHeadlamp and Turn-By-Turn navigation guaranteeing an unparalleled motorcycling experience. In keeping with its Mi...
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HERO MOTOCORP LAUNCHES ‘NEW GLAMOUR’IN A REFRESHED AVATAR
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HERO MOTOCORP LAUNCHES ‘NEW GLAMOUR’IN A REFRESHED AVATAR

New Delhi, August 24, 2023 Riding on the strong legacy of the iconic Glamour brand,Hero MotoCorp, the world’s largest manufacturer of motorcycles and scooters today introduced the New Glamour. The refreshed avatar of Glamour is the latest addition in the company’s exciting range of technologically-advanced and attractively designed products in the 125cc segment. The new Glamour impresses with its timeless yet perfectly measured balance of aesthetics, high-practicality and efficiency. It rides on the stylish design which made it a household brand transcending age groups and generations. A perfect embodiment of technologyand style, new Glamour comes with Hero MotoCorp’s revolutionary i3S technology (Idle Stop-Start System). The new Fully Digital console, real time mileage indicator,...
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HERO MOTOCORP REPORTS REVENUE OF Rs. 8,767 CRORE IN Q1 FY’24
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HERO MOTOCORP REPORTS REVENUE OF Rs. 8,767 CRORE IN Q1 FY’24

New Delhi, August 2023. Hero MotoCorp, the world's largest manufacturer of motorcycles and scooters, today reported its financial performance for the first quarter (April-June 2023) of the FY’ 2024. The company's Revenue from Operations for the quarter stood at Rs. 8,767 Crore, (vs Rs. 8,393 Crore) and Total Income of Rs 8,989 Crore (vs Rs 8,446 Crore) Driven by softening of commodity costs, accelerated savings programs, and judicious price increases, EBITDA margin for the quarter stood at 13.8%, reflecting an improvement of 250 bps. The underlying EBITDA margin for ICE Business stands at 14.5%, excluding the impact of EV business. Profit Before Tax and exceptional item for the quarter was at Rs. 1,255 Crore, reflecting a growth of 52% over Rs. 824 Crore reported in...
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