Tag Archives: MotoCorp

Hero Motocorp aims to become ‘future of mobility’, invests ₹10,000 crore in R&D

Jaipur: Hero Motocorp will invest ₹10,000 crore in research and development (R&D) in the next 5-7 years, Pawan Munjal, Chairman and Managing Director said on Tuesday. Munjal also announced the new vision and mission of Hero Motocorp called ‘ Be the future of mobility’. Speaking at Hero World 2020 at the company’s Centre for Inovation and Technology, Munjal said the ₹10,000 crore investment in ... Read More »

Hero MotoCorp drops 10 bikes from line-up

In light of the mandatory switch to BS-IV emission norms from April 1, 2017, the move for all two-wheeler manufacturers in India has been clear – either convert existing models to be compliant with the new, more stringent emission norms, or stop selling them. And following the mandate, most manufacturers have converted most of their existing line-up to fall in line ... Read More »

Hero MotoCorp Crosses 70 Million Sales Milestone

Hero MotorCorp has just rolled out its 70-millionth (7 crore) two-wheeler. The milestone comes in just over 30 years of Hero’s inception as a two-wheeler manufacturer. In comparison, Honda has produced just over 300 million units since its inception in 1948. Hero’s last landmark, 50 million (5 crore) units, came in August 2013 which means that Hero has made over ... Read More »

Hero MotoCorp Posts 14 per Cent Growth in March

Hero MotoCorp Limited (HMCL), the world’s largest two wheeler manufacturer, sold over six lakh two wheelers (6,06,542) in March 2016, registering a 14 per cent growth over the corresponding month last year when the company had sold 5,31,750 units. In the financial year 2015-16, HMCL sold 66,32,322 two wheelers, as against 66,31,826 two wheelers a year ago. “Closing the financial ... Read More »

Hero MotoCorp and Delhi Police Bust Fake Spare Parts Dealers in Delhi

In a bid to deter the surge of fake spare auto parts and counterfeits in the market, Hero MotoCorp, with the help of Delhi Police, recently busted some dealer establishments in the National capital. Apparently the popular two-wheeler manufacturer had lodged a complaint and upon directions from the High Court, the company helped the Economic Offense Wing of Delhi Police, ... Read More »