Hero Moto Corp: Facts & Figures


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Akash1886

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HERO MOTOCORP LAUNCHES SPECIAL BENEFITS FOR ITS CUSTOMERS IN KERALA

ZERO LABOUR CHARGES ON CHECK-UPS & REPAIRS OF HERO TWO-WHEELERS & 30% DISCOUNT ON PURCHASE OF SPARE PARTS​

Kochi, August 29th, 2018

Reiterating its commitment towards the rehabilitation efforts in the flood-affected Kerala region, Hero MotoCorp, the world’s largest single two-wheeler manufacturer, today announced special benefits for its customers in the state.

The Company will not charge any fees towards the check-up and repair of Hero MotoCorp motorcycle and scooters in the state. In addition, the customers will be offered a discount of 30% on Hero genuine spare parts.

The services will be made available across all Hero MotoCorp dealerships and authorized service centres in the state from August 28 to September 9, 2018.

As a responsible corporate, Hero MotoCorp has been closely monitoring the situation and is taking measures to support the ongoing rehabilitation drive in the state.

In addition to contributing a sum of Rs. One Crore to the Chief Minister’s Distress Relief Fund, the Company has also provided immediate relief material consisting of food items, tents, medicines, water filters, blankets, hygiene kits, kitchen sets etc. to the relief camps in the state.

Hero MotoCorp is also working with the authorities to repair schools in the state and organise school uniforms and bags for the students.
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Akash
 
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HERO MOTOCORP SELLS 685,047 UNITS OF MOTORCYCLES & SCOOTERS IN AUGUST 2018

COMMENCES COUNTRY-WIDE DISPATCH OF THE ‘XTREME 200R’

GROWS BY OVER 10% IN THE FIRST FIVE MONTHS OF THE FISCAL​

Keeping up the momentum of strong performance, Hero MotoCorp, the world’s largest single two-wheeler manufacturer, today reported yet another month of strong sales.

Riding on sustained demand for its range of motorcycles and scooters, Hero MotoCorp sold 685,047 units in August 2018. The Company had sold 678,797 units of two-wheelers in the corresponding month of the previous fiscal.

Hero MotoCorp has sold a record 3,469,661 units of two-wheelers in the first five months (Apr-Aug’18) of this financial year (FY’19), thereby clocking a growth of 10% over the corresponding period of the previous fiscal, when the Company had sold 3,141,551 units.

In August, Hero MotoCorp commenced dispatch of its new premium motorcycle, the Xtreme 200R, to dealerships across the country. The Xtreme 200R is attractively priced at Rs. 89,900/- (ex-showroom Delhi).

Hero MotoCorp will soon launch two new 125cc scooters to provide more excitement during the upcoming festive season.

With the peak festive season coming in the months of October and November this year, the Company expects to maintain the trajectory with healthy double-digit growth in the coming months.

Reiterating its commitment towards the rehabilitation efforts in flood-affected Kerala, Hero MotoCorp has initiated special benefits for its customers in the state.

The Company has waived off the fees towards the check-up and repair of Hero MotoCorp motorcycle and scooters across all its dealerships and authorized service centers in Kerala. The customers are also being offered a discount of 30% on Hero genuine spare parts. The services are available until September 9, 2018 in the state.

In addition to contributing Rs. One Crore to the Chief Minister’s Distress Relief Fund, the Company has also provided relief material consisting of food items, tents, medicines, water filters, blankets, hygiene kits, kitchen sets etc. to the relief camps in the state.

Hero MotoCorp is also working with the authorities to repair schools and organise school uniforms and bags for the students.
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Akash
 
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Akash1886

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HERO MOTOCORP FURTHER STRENGTHENS MARKET LEADERSHIP WITH YET ANOTHER GLOBAL MILESTONE

BECOMES THE FIRST TWO-WHEELER COMPANY TO SURPASS THE 750,000 MARK IN MONTHLY SALES

CLOCKS 769,138 UNITS IN SEPTEMBER 2018 – ITS HIGHEST-EVER SALES IN ANY MONTH​

Continuing its strong momentum, Hero MotoCorp Ltd, the world’s largest two-wheeler manufacturer, sold 769,138 units of motorcycles and scooters in September 2018 – its highest-ever sales in any single month.

This is the 5th occasion overall, and the 3rd in the current fiscal (FY’19) in which the Company has crossed the seven-lakh sales mark in a month.

This is also the first time that a single two-wheeler company has surpassed the 7,50,000 mark in monthly sales.

Hero MotoCorp has already crossed 4.2 million sales in the first six months of this financial year (Apr - Sept’18). With the peak festival season coming up in the months of October and November, the Company is confident of setting yet another global benchmark in retail sales during the period this year.

In the month of September, Hero MotoCorp commenced the nationwide sales of its new premium motorcycle – the Xtreme 200R. Coinciding with this, the Company also launched a multimedia campaign for the Xtreme 200R, featuring India’s cricket captain Virat Kohli, across TV, Print, Outdoor and Digital platforms.

There has recently been a circular from the Insurance Regulatory and Development Authority (IRDA) regarding increase in the personal accident cover for two-wheelers, which if implemented, is likely to increase the cost to the customer. The Society of Indian Automobile Manufacturers (SIAM) has already taken up the matter with IRDA for a review, and we are hopeful of a positive outcome.

The long term macro fundamentals of the two-wheeler industry continue to remain strong and we are optimistic of a good festival season.
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Akash
 
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HERO MOTOCORP DRIVES INDUSTRY GROWTH WITH 2ND SUCCESSIVE MONTH OF MORE THAN 7-LAKH SALES

SELLS 734,668 UNITS IN OCTOBER 2018, WITH A GROWTH OF OVER 16%

ENTERS THE 125CC SCOOTER SEGMENT WITH THE NEW DESTINI 125​

New Delhi, November 1, 2018: Hero MotoCorp, the world’s largest two-wheeler manufacturer, today reported yet another month of landmark 7-lakh sales.

Hero MotoCorp dispatched 734,668 units of motorcycles and scooters in October 2018 – a growth of 16.4% over the corresponding month of the previous fiscal (October 2017) when the Company had sold 631,105 units.

Fortifying its market leadership with a strong sales growth trajectory, this is the fourth occasion in this fiscal (FY’19), and sixth overall, when the Company has registered sales of more than seven lakh units of two-wheelers in a month.

Coming immediately after the Company’s highest-ever monthly sales (769,138 in September 2018), the growth provides a positive outlook on the industry, which has witnessed a sub-par festive season sales thus far this year.

Compared to the previous year, retail off-take across the country during the initial few weeks of the festive season have been moderate, primarily on account of the significant increase in Insurance cost, followed by the associated confusion over the coverage amount and period in the matter of two-wheeler insurance. We hope to see a positive turnaround in the sentiments and retail sales to pick up in the days leading up to Diwali.

Hero MotoCorp also marked its entry into the 125cc scooter segment during the month, with the launch of its new 125cc scooter – Destini 125 – in the Delhi-NCR region. Attractively priced at Rs. 54,650/- (Ex-Showroom Delhi-NCR) for the Lx variant and Rs. 57,500/- (Ex-Showroom Delhi-NCR) for the Vx variant, the scooter will be available in the rest of country over the next 3-4 weeks.
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Akash
 
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PAWAN MUNJAL CONFERRED WITH HONORARY DOCTORATE BY NATIONAL INSTITUTE OF TECHNOLOGY, KURUKSHETRA

CALLS UPON INSTITUTES OF HIGHER EDUCATION TO PREPARE STUDENTS FOR THE “LIFE BEYOND CAMPUS”

Hero MotoCorp CMD Pawan Munjal being conferred an Honorary Doctorate by his alma mater - the Nat.jpg

Kurukshetra, November 16, 2018: Pawan Munjal, one of India’s foremost corporate leaders, was awarded with an honorary doctorate at the 16th Convocation of the National Institute Of Technology (NIT), Kurukshetra, today.

The degree was presented to Mr. Munjal - the Chairman, MD, and CEO, of Hero MotoCorp, the world’s largest two-wheeler manufacturer, by Mr. Jagdish Khattar, the Chairperson of the Board of Governors, NIT, Kurukshetra, and its Director Dr. Satish Kumar.

NIT, Kurukshetra is Mr. Munjal’s alma mater, having graduated from here with a degree in Mechanical Engineering in 1976.

Speaking to the students and other dignitaries at the institute, Mr. Munjal said, “The real world outside this campus is going to be very demanding and challenging. You will therefore need to be prepared, mentally and physically - to face the challenges and hold your own. Don’t just be managers and try to manage and maintain the status quo, but be the agents of change and disruption.”

He also urged institutes of higher educations in the country to “encourage the students to spend more time on live projects, learn about the new global developments and trends in technology and innovations that are transforming the world today. While our students learn the basics, let us provide them with the resources in order to enable them to take risks and operate in an environment that does not limit their true potential.”

Mr. Munjal was also the Chief Guest of the Convocation ceremony and visited the campus and its facilities. He later interacted separately with the students.

Hero MotoCorp Ltd., has been the world’s largest two-wheeler manufacturer for the past 17 years. Since its inception in 1984, it has sold over 85 million two-wheelers in cumulative sales. The Company has also rapidly expanded its global footprint to 37 countries across the globe. It is one of the largest corporate promoters of sports across the world.

Established in 1963, NIT Kurukshetra was accredited with the status of ‘Institute of National Importance’ in 2008. It is one of the 30 National Institutes of Technology established and administered by Government of India.

Earlier during the year, Mr. Munjal was also awarded with an honorary ‘Doctor of Science’ by Shri Mata Vaishno Devi University, Katra, in recognition of his “invaluable contributions to the nation and strong commitment towards socio-economic development of the country.
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Hero MotoCorp introduces buyback scheme for scooters - Report

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Hero MotoCorp has introduced a unique offer for petrol-powered scooters. The two-wheeler brand has announced a buyback scheme for its products. The company plans to launch the buyback programme in top-10 markets in India. Hero MotoCorp had already introduced the scheme, called BuySurance, in Pune, in March to understand the market response. Following Pune, the programme has now rolled into Delhi and Bengaluru. Under the program, buyers will get a guaranteed buyback certificate from CREDR. The document will have a fixed buyback value matrix in an interval of six months over the next five years.

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Hero MotoCorp Launches 'Hero Connect' For Connected Mobility

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Hero MotoCorp has introduced the Hero Connect, a cloud-based connectivity solution which will offer a smart riding experience for customers. Hero Connect is a new age app offering connected mobility, and will be offered across segments, initially offered in four models - the Hero XPulse 200, Hero Pleasure+, Hero Passion XPRO and Hero HF Deluxe. The Hero Connect app offers ensures safety when on the move, or when the motorcycle or scooter is parked with features like Live Tracking, Topple Alerts, Tow Away Alert, Geo Fence Alert, as well as Speed Alert.

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Image.jpg
As part of an exclusive partnership between Hero MotoCorp and Buddh International Circuit (BIC), 30 Maestro Edge scooters were handed over by Malo Le Masson - Head Global Product Planning, Hero MotoCorp to Rajiv Murishwar, Head of BIC, today. These scooters will be used by the staff and management at BIC, so it remains a World-Class facility.

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Hero MotoCorp Upgrades Splendor+, Destini 125 & Maestro Edge 125 To BS6 Emission Norms



Hero MotoCorp has upgraded its popular selling Splendor+ commuter motorcycle to the upcoming BS6 emission norms. The world's largest two-wheeler maker also announced the dispatch of two more BS6 products that include the Destini 125 and Maestro Edge 125 scooters. The three new offers transition to the cleaner emission regulations, and join Hero's existing product range including the Splendor iSmart, HF Deluxe motorcycles and the Pleasure+ 110 scooter, which already meet BS6 compliance. The Hero Splendor+ BS6 is priced at ₹ 59,600, while prices for the Hero Destini 125 BS6 start at ₹ 64,310. The Hero Maestro Edge 125 BS6 is priced from ₹ 67,950 (all prices, ex-showroom).




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HERO MOTOCORP UNVEILS ITS VISION OF MOBILITY, INNOVATION & TECHNOLOGY AT
‘HERO WORLD 2020’

ANNOUNCES INVESTMENT OF RS. 10,000 CRORE OVER THE NEXT 5-7 YEARS

FURTHER STRENGTHENS ITS PREMIUM PORTFOLIO WITH THE LAUNCH OF HERO XTREME160R

SHOWCASES ITS ENTIRE NEW BS-VI PRODUCT RANGE

“Sustainability and responsible growth remain at the core of Hero MotoCorp's technology, innovation and global expansion plans. With Hero World 2020, we have curated a novel and unique approach to showcase our future technologies, products and services.

“Over the next 5-7 years, we are aiming to create the next generation of mobility solutions that are relevant to customers across the world. To this end, we have earmarked an investment of Rs. 10,000 Crore along with our ecosystem, which will be utilized towards research and development of alternative mobility solutions, modern, state-of-the-art, sustainable manufacturing facilities, network expansion, and brand building across the globe.

“We are an ever-evolving, youth-centric, innovation led brand, that has remained the market-leader for nearly two-decades now, and yet we are not resting on our laurels. As we enter a new decade, we are aiming at ushering in the next wave of mass mobility that is accessible, convenient and environment-friendly, which is aligned with our rejuvenated Vision of ‘Be The Future of Mobility’.


The Hero World 2020 - a first-of-its-kind three-day event attended by Global Media, Investors, Dealers from India, Supply Chain partners and Global Distributors from around the world - got off to an action-packed start here today at the state-of-the-art R&D hub of Hero MotoCorp, the Centre of Innovation and Technology (CIT) in the northern Indian city of Jaipur, India.

The Hero World 2020 began with the Company reiterating its commitment to remain at the forefront of mass mobility, by showcasing to the global media three new products, a world-class product accessory, and a display of the entire global product portfolio of Hero MotoCorp - the world’s largest manufacturer of motorcycles and scooters.

This was followed by the showcasing of several product concepts and business initiatives that showcase the seeds of its vision for the future of mass mobility, and provided a glimpse into the universe of Hero MotoCorp including the R&D labs, test-tracks, and technology.

The showstopper among the new products unveiled today was the new Hero Xtreme 160R, which further strengthens the Company’s fast-growing presence in the premium motorcycle segment. The Xtreme 160R – that marks Hero MotoCorp’s entry into the popular 160cc motorcycle category - is an attractive product for youth across the globe, with its Xtreme performance, head turning aesthetics and agile handling.

Giving a complete makeover to the iconic Passion brand, the company also launched the new modern and vibrant Hero Passion Pro. Packed with a 110cc BS-VI engine, the Passion Pro is attractively priced at Rs. 64,990 (Self-drum Alloy) and Rs. 67,190 (Self-disc Alloy).
*Ex-showroom Delhi


The third product to be launched was the versatile and stylish Hero Glamour 125cc, marking the generational upgrade of the motorcycle. The new Hero Glamour now comes equipped with a more efficient and sturdier BS-VI engine and will be available at Rs. 68,900 (Self-drum Alloy) and Rs. 72,400 (Self-disc Alloy).
*Ex-showroom Delhi


Providing even more excitement for enthusiast and building on the cult of XPulse 200, Hero MotoCorp also launched the Hero XPulse 200 Rally Kit. Available as a complete kit for aspiring racers at Rs 38,000, the Rally Kit will be retailed at selected dealership from March onward. The Rally Kit adds to the XPulse 200’s supreme off-road capability and makes it the ideal motorcycle for amateurs and enthusiast to take-up off-roading.

Mr. Malo Le Masson, Head - Global Product Planning, Hero MotoCorp, said
, “Constant innovation and cutting-edge technologies remain the hallmark of Hero MotoCorp. The new products and technologies showcased today display our pursuit to offer the most exciting, innovative and efficient products and technologies to our customers in markets across the world. The journey doesn’t stop, here we plan to strengthen our portfolio further and expect more exciting surprises in the future.”

PRODUCTS

Hero XTREME 160R

Setting the bar for sportiness and real-world performance, the new Xtreme 160R comes with a powerful 160cc air-cooled BS-VI Compliant engine with Electronic Fuel Injection. The Engine delivers an impressive power output of 15 BHP @ 8500 RPM. Combined with a low kerb weight of 138.5 Kg, the bike delivers class leading 0 to 60 Km/hr acceleration in 4.7 seconds.

The new Xtreme 160R enjoys a commanding riding position and an ergonomically
optimized set-up; courtesy the tubular rigid diamond frame with 5 speed Constant Mesh
Gearbox and a Multi Plate Wet Clutch.

The 37mm Telescopic front forks and a 7-step adjustable rear mono-shock suspension work well in tandem to provide precise handling and smooth ride. The 130/70-17” radial rear tyre provides superior grip in all riding conditions. Braking duties are carried out by 276mm Front & 220mm Rear petal disc brakes. The 170mm ground clearance ensures extreme agility and precise handling.

The new Xtreme 160R is paired with a first in segment LED package, from Front full LED
headlamp, to rear H signature LED tail lamp, all the way including LED Turn indicators with
Hazard light switch. The inverted Digital display, together with the first in segment side stand engine cut off will ensure the ride is both exhilarating and safe.

This new head turner from Hero is available in two variants - Front Disc with Single Channel ABS and Double Disc (Front and Rear) with Single Channel ABS and three vibrant color combinations of White with Grey, Blue with Grey and Sports Red with Grey.

Hero Glamour BS-VI


A seamless blend of style and performance – the New Glamour BS-VI runs on the new 125cc engine with XSens Programmed Fuel Injection. The new engine produces 19% more power with a power output of 10.73 BHP @ 7500 RPM and torque of 10.6 Nm @ 6000 RPM. Featuring Hero’s revolutionary i3S (idle start-stop system), together with Auto Sail Technology, the new Glamour BS-VI delivers on its brand promise.

Built on an all new rigid diamond Frame, with 20% more Ground Clearance, 14% more front suspension travel and 10% more rear suspension travel helps the rider glide over any obstacles all day.

The front 240mm disk brakes and ground clearance of 180mm provide the assertive reliability and all-day comfort with real road presence, thereby, staying true to the brand promise of performance and comfort.

With the two variants- Self Drum Alloy and Self Disc Alloy, and dual tone body
graphics of Sports Red, Techno Blue, Tornado Grey and Candy Red, the new Glamour BS-VI
ups the style quotient for the aspirational youth.

Hero Passion Pro BS-VI


The new Passion Pro comes with new 110cc XSens Programmed Fuel Injection BS-VI
Engine, delivering high fuel economy and a power output of 9.02 BHP @ 7500 RPM (9% more) and torque of 9.79 Nm @ 5000 RPM (22%). Featuring Hero’s revolutionary i3S (idle start-stop system), the new Passion Pro BS-VI delivers on the brand promise of performance with style.

Built on new diamond frame, the Front suspension travel has been increased by 14%, while the Rear suspension travel has been increased by 10%. The ground clearance has also been increased by 9% to provide unmatched riding comfort and responsiveness on all road surfaces.

The all new body with trend setting imagery - new sleek headlamp, signature tail lamp and triple tone graphics gives the bike a youthful and a trendy vibe.

All new Auto Sail Technology and the Digi-analogue cluster with Real-Time mileage indicator, ups the promise of technology, performance and style.

The new Passion Pro is available in two variants- Self Drum alloy and Self Disc drum, in four youthful color combinations of Sports Red, Techno Blue, Moon Yellow and Glaze Black.

Hero XPulse 200 Rally Kit


Hero MotoCorp’s experience at the world’s top rally races, including the Dakar Rally has been used to develop the XPulse 200 Rally Kit.

The Rally Kit transforms the XPulse 200 into an accessible and competitive purpose-built machine, enabling enthusiasts to improve their off-roading skills and test their limits. It also encourages young riders to build a career in motorsports.

The Rally Kit comprises of Front fully-adjustable telescopic fork with 250mm stroke and fully adjustable 10 step rear Mono shock with 220 mm stroke. Upping the comfort quotient and riding stance are a host of features -- the Flat ‘bench’ seat, handle bar risers, increased ground clearance of 275mm, rally tyres by Maxxis, longer side stand and an extended gear lever to accommodate off-road style boots.
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Akash
 

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Hero MotoCorp Smart Sunglasses Launched at Rs 2,999

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Its latest offering is Bluetooth enabled ‘Smart Sunglasses’ that come with a range of features. This is in line with the company’s strategy to offer something more to its customers, even as its reliable, durable, fuel-efficient and cost effective bikes continue to be bestsellers.

Hero Smart Sunglasses are designed to significantly improve ride experience. These can be wirelessly connected to the user’s smartphone to access music, radio, and hands free calling. Finding your way to a destination also becomes easier, as the sunglasses can be used for turn by turn navigation. This will reduce the need to look at the mobile screen, thereby enhancing safety for the rider.

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HERO MOTOCORP ORGANISES COUNTRYWIDE MEGA SERVICE CARNIVAL

OFFERS EXCLUSIVE SALE, SERVICE AND EXCHANGE SCHEMES

Reiterating its commitment to customer-centricity, Hero MotoCorp, the world’s largest two-wheeler manufacturer, today launched a Mega Service Carnival for its customers across the country.

As part of the carnival, service camps are being organized at over 1000 locations across country from March 6 - 8, 2020. The three-day camp provides multiple purchase and exchange offers to Hero MotoCorp two-wheeler owners.

Customer can avail a benefit of Rs.15,500/- on purchase of select BS4 vehicles (exchange / Loyalty bonus of Rs. 7,500/- + expected price differential on BS6 vehicles of Rs. 8,000/-), paid service in Rs. 99*, exciting gifts on Hero Joyride, Goodlife enrollment and free pollution under control (PUC) certificate renewal.

The carnival will also host a series of sessions to create customer awareness on issues like road safety, genuine oil, parts and accessories, etc.

Customers can visit their nearest Hero MotoCorp Authorized customer touch-point to know more about the carnival.

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Akash
 

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