Hero MotoCorp has reported PAT OF RS. 525 crore and highest ever quarter turnover of Rs 6877 crore for Q3 FYâ€™14. A synopsis of Financial Results for Q3, FYâ€™14 is as follows: Total sales for the quarter stands at 16,80,940 units, total turnover (Net sales and other operating income) Rs. 6877 Crore, Profit Before Tax (PBT) stands at Rs. 717 crore, Net Profit After Tax (PAT) stands at Rs. 525 crore, and EBIDTA margin for the quarter at 13.06%.
January 2014, Pune: KTM India today introduced a brand new color for their recently launched KTM 390 Duke. First seen at the EICMA show in Milan, Italy in November 2013 the new color scheme will now be available at KTM showrooms across the country. Launched last year the KTM 390 Duke has received an overwhelming response from motorcycle enthusiasts of the country and has also been hailed by a majority of the industry experts as the â€˜Bike of the Yearâ€™ for 2013.
47 Vehicle manufacturers are expected to take part in the 12th Edition of Auto Expo being held from 5th to 11th February 2014. The exhibition which will be spread over an area of 64,000 sq meters at India Expo Mart, Greater Noida will see more participation than ever before which is expected to bring about a sea change in customer sentiments.
Earlier today, Mr Pawan Munjal, MD and CEO, Hero MotoCorp unveiled 5 new products. These were in the form of, Hero’s all new flagship sports bike with 250 cc engine, a diesel concept bike, an electric hybrid scooter, a new variant of their 150cc Extreme motorcycle, and a 110cc auto scooter, called Dash. You can find the official techspecs of all these, in the article below.
Mumbai, January 29, 2014: Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI), the Only 2 Wheeler Company of Honda in India today announced partnership with Family Credit Ltd, a wholly-owned subsidiary of L&T Finance Holdings Ltd. to provide loans to two wheeler customers across India. L&T Finance offers a spectrum of financial products and services for trade, industry and agriculture.
Mr Pawan Munjal, MD & CEO, Hero MotoCorp revealed 5 new two wheelers today. He said, “This is the dawn of a new era, indeed a significant milestone in this exciting journey that we are set out on a little over two years ago. We had then promised to bring a range of all-new products and innovations that will unlock a New Age of technologically superior and youth focused two-wheelers. Today, we are living up to that commitment.”
A recent survey conducted by Nielsen, on the use of petrol in India, has revealed that it is not the owners of fancy cars or other luxury vehicles that are major consumers, but two wheelers who are the biggest consumers of petrol in India.
Hero MotoCorp revealed their new 250 cc motorcycle today. Powered by a 249 cc liquid cooled, fuel injected engine, the new Hero is codenamed HX250R. It delivers peak power of 31 hp, while torque figures are not revealed yet. Hero did not speak anything about the price, but did confirm that it will be launched this year. Here is hi-res gallery of the new Honda CBR 250R rival.
Last but not the least. After unveiling four new two wheelers, Hero MotoCorp had one more to unveil for the day, and this was in the form of Leap electric Hybrid scooter. Yes, most of you would remember this, as it was also shown at the 2012 Delhi Auto Expo. So why unveil again, well, Hero is ready to launch Leap electric Hybrid scooter, but not in India.
After unveiling Dash automatic scooter, Extreme Sports 150 cc motorcycle and a flagship 250cc HX250R, Hero MotorCorp unveiled two un-conventional products. One is a diesel engine powered motorcycle called RNT Concept, the other is a electric-hybrid Leap automatic scooter.
A total of 5 new products were unveiled by Hero MotoCorp today in Delhi. These are Hero Dash 110 cc scooter, Hero Leap hybrid electric scooter, Hero RNT Concept diesel bike, Hero Extreme Sports 150 cc motorcycle, and Hero HX250R 250 cc motorcycle. In this post we will talk about the new Extreme Sports and HX250R motorcycles.