The worldâ€™s largest two-wheeler manufacturer, Hero MotoCorp Ltd (HMCL) today launched its operations in Turkey in its quest of reaching 50 global markets by 2020. A partnership with Asya Makina (Asya Dis ticaret ve makina san ltd sti) of Turkey has been announced.The Soysal Group subsidiary has been appointed as distributor for Hero MotoCorp two-wheelers in Turkey.
Dare, Dash and Zir, are the three new scooters for India which were unveiled by Hero MotoCorp Ranbir Kapoor and Pawan Munjal. Dash is a 110 cc scooter, Dare is a 125 cc scooter while Zir is a 150 cc scooter. Neither price, nor it’s launch date was revealed, but these scooters will be launched in India very soon.
Hero MotoCorp is jointly developing a 600cc model in tandem with Erik Buell Racing. This 600cc bike, yet in concept stage and code named Hero Hastur will be unveiled at the 2014 Auto Expo.
Q3 of FYâ€™14 marked several milestones in Hero MotoCorpâ€™s journey towards next-generation technological excellence. The company has dDemonstrated technological excellence and innovation (Unveiled 15 new offeringsâ€™), and showcased next-gen features to be introduced in its new product line-up.
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%.
Today is an important day in the history of Hero MotoCorp. That is how Mr Pawan Munjal, MD and CEO, Hero MotoCorp, world’s largest two wheeler maker, started the press conference in New Delhi. What followed was a detailed description of Hero’s future plans, and motorcycle / scooter launches for India, which include a powerful 250 cc sports bike, a diesel bike, an electric scooter and much more.
A series of self developed, self tested engines in the form of 100cc, 110cc and 250cc in displacement are coming soon from Hero MotoCorp, world’s largest two wheeler manufacturer. These new engines will make their way in by the coming year and should be showcased at the 2014 Auto Expo.
Back in July this year, India’s Hero MotoCorp, which is also the world’s largest two wheeler manufacturer, invested $25 million and bought 49.2% stake in American racing and superbike manufacturing company, Erik Buell Racing. It is this company, EBR, that has revealed a new superbike, 1190 RX.
Hero MotoCorp, the largest two wheel manufacturer in the country has unveiled a total of 15 new products, each of which will enter markets in the coming six months. Here we have gathered all the videos from yesterday’s press event in New Delhi. These includes the entire launch ceremony hosted by Pawan Munjal, Head, Hero MotoCorp. In addition to this, you will also find motorcycle specific videos, explaining the changes and updates made by Hero to their vehicle line-up.