Hero MotoCorp Limited Announces Sales Results for the Month of September 2015
Oct 1 15
Hero MotoCorp Limited announced sales results for the month of September 2015. For the month, the company sold 606,744 two-wheelers in the September 2015.
Hero MotoCorp Unveils Two New Scooters 'Maestro Edge' and 'Duet'
Sep 29 15
Hero MotoCorp unveiled in the Duet and Maestro Edge. The all-new llOcc Maestro Edge is a premium product making a bold statement with its dynamic design and features. The Maestro Edge boasts of several new features like twin parking lamp, remote fuel lid and seat opening and digi-analogue dashboard. The 'Maestro Edge' made its global debut recently in Colombia (named Dash for that market), during the inauguration of Hero's first overseas manufacturing facility. The all-new attractive llOcc Duet comes with a metal body, making it sturdy and durable. Designed for a wide spectrum of customers, its array of features provides the rider with convenience like never before for a great riding experience. Both scooters feature multiple safety and convenience features including the side stand indicator, front luggage box, boot light and throttle position sensor (TPS). The Maestro Edge will be launched across markets on October 13th with a starting price of INR 49,500 (Ex-showroom Delhi) for the LX version and INR 50,700, (Ex-showroom Delhi) for the VX version. The market launch of the Duet will follow thereafter. The large seller in its segment. Hero's lOOcc Pleasure, designed and uniquely positioned for women and the 11 Occ Maestro ¡ª consistently among the top three scooters in India, are well established in the scooter segment and the company emerged as the large exporter of scooters in the financial year 2014-15. HMCL's current scooter capacity is over one million units, and with the introduction of the new scooter models in the portfolio, the company will be aggressively targeting to gain market share in the category. The new scooter range is an output of HMCL's efforts to create a robust technology ecosystem for developing world-class products here in India. With the commencement of operations at the Hero Centre of Global L¡¤inovation and R&D at Jaipur in Rajasthan by third quarter of 2016, the company is looking at fast-tracking the development of its innovation-led portfolio. The centre will house globally-renowned experts who will be engaged in the development of Hero's future product line-up. The all-new Hero Maestro Edge, offers optimum performance with a 110-cc air-cooled, 4-stroke single cylinder OHC engine, producing a maximum power output of 8.31 BHP @8000 RPM and maximum torque of 8.3 Nm @ 6500 RPM. The scooter also provides a fuel efficiency of 65.8 km/litre. The premium scooter comes with unique features, such as Key with E-Code, Mobile Charging Port, Remote Seat Opening, Remote fuel-lid opening. Pass Switch, Service Due Indicator, Side Stand Indicator and Twin Parking Lamps. Making a bold style-statement. Hero Maestro comes with a host of attractive elements, such as Digital Analogue Meter Console, Boot Light, External fuel filling, European Switches with easily-serviceable covers, high-quality front winker & LED tail light, contemporary front and under seat luggage hooks, stylish titanium muffler cover & protector and stylish alloy wheels. Integrated Braking System, Telescopic Front Suspension and bigger 12 inch front wheels offer riding comfort and improved stability. Hero Maestro Edge comes in seven colors - Pearl Silver White, Panther Black, Shooting Night Star, Candy Blazing Red, no Blue, Matte Vernier Grey and Matte Blue. The Hero Duet delivers an impressive performance with a 110-cc air-cooled, 4-stroke single cylinder OHC engine, producing a maximum power output of 8.31 BHP @8000 RPM and maximum torque of 8.3 Nm @ 6500 RPM. The Duet offers an impressive mileage of 63.8 km/litre to match the impressive performance. The Hero Duet comes with a metal body that makes it sturdy and durable. The Integrated Braking System ¡ª a two-wheeler technology developed and patented by HMCL - coupled with Telescopic Front Suspension offers riding comfort and improved stability. The classy scooter comes loaded with a host of convenience features - Under-Seat Mobile Charging Port, Remote Seat Opening, Remote Fuel-lid Opening, Pass Switch, Service Due Indicator, Side Stand Indicator and Twin Parking Lamps.
Hero Motocorp Ltd Declares Interim Dividend
Sep 18 15
Hero MotoCorp Limited announced that AGM was held on August 31, 2015, the shareholders approved the interim dividend of INR 30 per equity share.