Hero MotoCorp sales grows 28%, to introduce 15 new models this year

Hero MotoCorp (HMCL), one of the largest two wheeler manufacturer, reported two-wheeler sales growth of 28% for the month of August as compared to the same period previous year. The sales in month of August wasto 6,16,424 units compared with  4,80,537 units, said the company. This is the third time that the company has crossed […]

Hero Motocorp reports flat June sales even as rivals race ahead

Hero Motocorp reported lackluster numbers for June, with sales remaining largely flat. The company sold 5,42,362 motorcyles during the month, more or less unchanged from last year’s 5,41,594 units. In contrast, rival Yamaha Motors and TVS Motors reported strong growth for June. Yamaha Motor India Sales Pvt. Ltd. announced a growth of 26% in domestic […]

Hero MotoCorp launches Xtreme Sports edition at price of Rs 72,000

Keeping up its aggressive new products initiative, Hero MotoCorp Ltd. (HMCL), the world’s largest two-wheeler manufacturer, today introduced ‘Xtreme Sports’ – the new sportier and more powerful version of its popular 150-cc motorcycle Xtreme. This is the second product launch from Hero MotoCorp in in the month of June, having earlier rolled out the new […]

Honda Unicorn, Yamaha FZ, Apache RTR top satisfaction study

Honda CB Unicorn, Yamaha FZ and TVS Apache RTR 180 owners reported the highest satisfaction levels with their bikes, according to the latest J.D. Power Asia Pacific 2015 India Two-Wheeler Study released today. The study classified scooters and motorcycles into seven categories and ranked them in terms of the satisfaction of their owners. The 2015 […]

Honda MotorCycle bucks trend with strong sales growth in January 2015

Honda Motorcycle & Scooter said domestic sales jumped 14% in January 2015 over the same month last year, in stark contrast to the slow growth reported by other motorcycle companies. Exports too grew by 14% in the month. Total sales, including exports, was 393,787 units, up from 3,44,750 units sold in January’14. In comparison, Honda […]

Bain Capital’s $245 mln exit of Hero MotoCorp largest in Q2

The exit by US fund Bain Capital from Indian motorcycle maker Hero MotoCorp was the biggest in the second quarter of 2014, a report by Pricewaterhouse Coopers said. Bain Capital sold Hero MotoCorp shares worth $245 mln (close to Rs 1,450 cr), making it one of the biggest private equity exits of the year, according […]