Tue, Jan 23, 2024
The technology from the partnership will be used to develop electric motorcycles in the mass segment products in future.
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Mon, Jan 22, 2024
"With their vast expertise and diversified business knowledge, Chaudhary Group (CG) will provide an enormous fillip to our operations here," Hero MotoCorp Head-Global Business Sanjay Bhan said.
Tue, Jan 02, 2024
In December 2023, total sales were marginally down at 3,93,952 units as against 3,94,179 units in the year-ago month, Hero MotoCorp said in a statement.
Wed, Mar 29, 2017
This comes as a major blow to many automobile manufacturers who have a large unsold inventory of BS III vehicles.
Tue, Mar 28, 2017
The Government on Monday told the apex court that it agrees with the interpretation of automakers that April 1, 2017 is a deadline to stop production of BSIII vehicles and not sale.
Tue, Mar 21, 2017
The company expects FY18 growth to be in the range of 8-10%, with double-digit growth in 2HFY18.
Fri, Mar 10, 2017
Two-wheelers continue to reel under demonetisation impact as February 2017 saw sales decline by 0.01% decline in comparison to the same month last year.
Sat, Mar 04, 2017
Domestic two-wheelers companies continued with the volume decline in the range of -5% to -6% YoY in February 2017 except Royal Enfield.
Thu, Mar 02, 2017
Yamaha launched the new motorcycle 249 cc Mid-class Street Fighter motorcycle FZ25 in India in January 2017 priced at Rs 1.19 lakh (ex-showroom Delhi)
Wed, Mar 01, 2017
Except for Mahindra, which posted a small decline in sales, a majority of car makers posted double-digit growth during the month of February.
Tue, Feb 14, 2017
Demand from smaller towns and rural areas is expected to improve post demonetisation in the near term on the back of a healthy rise in income.
Wed, Feb 08, 2017
The company is expected to post a decline in its pure profits margins, analysts say. Nishit Jalan and Hitesh Goel analysts at Kotak Institutional Equities said, “We expect two-wheeler companies to have a tough quarter with EBITDA for Hero MotoCorp declining by 21% on year-on-year basis.”
Tue, Jan 17, 2017
After Tata Motors chose Lionel Messi as their brand ambassador, Hero MotoCorp recently signed up Diego Simeone as its brand ambassador.
Fri, Jan 06, 2017
Royal Enfield was the only two-wheeler company in December to register a growth in sales.
Tue, Jan 03, 2017
Two-wheeler sales, specially those of motorcycles, have taken a beating in the aftermath of demonetisation as demand from the widely cash-based rural market nosedived.
Fri, Dec 02, 2016
The company said, "... saw a drop in retail sales after the demonetisation initiative when the entire industry also witnessed decline in sales."
Fri, Nov 04, 2016
October last year, even with a 'drought' year, saw Maruti Suzuki's sales increase by 25%, Hyundai's by 35.6%, while M&M saw a 20% rise in its October sales from the same period of 2014.
Thu, Nov 03, 2016
Indian markets turned green at open on Thursday. BSE Sensex was trading at 37 points up on 9:37 am and Nifty was up 0.18% at 9:36 am.
Wed, Nov 02, 2016
The Company has crossed six lakh-plus sales in five months during the calendar year 2016 so far.
Thu, Oct 27, 2016
Hero MotoCorp said, "Adoption of environment-friendly fuel is a priority for Hero MotoCorp, as is propagating sustainable manufacturing through green facilities. With this Hero Motocorp intends to enhance its participation in the EV space by pursuing its internal EV program in addition to partnering with Ather.
Wed, Oct 26, 2016
The company said that its total income increased from Rs 7457.9 crore in Q2FY16 to Rs 8601.1 crore in Q2FY17.
Moreover, two-wheeler makers in India might be pushing dealers to bill vehicles with sub-dealers as 'sales' to push up numbers.
Tue, Oct 11, 2016
Hitesh Goel and Nishit Jalan analyst of Kotak Institutional Equities said, “We expect a strong quarter for automobile companies in our coverage universe led by strong demand as manufacturers push inventory ahead of the festive season.”
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