Hero MotoCorp

New Hero Mavrick 440 will share platform / engine with Harley-Davidson X440With letters M, V, R, I revealed in teasers, it is almost certain that Hero’s new flagship will go on sale as Mavrick 440Many brands including Jawa, Yezdi, Honda, Triumph and Harley-Davidson have challenged the supremacy of Royal Enfield. Now, it’s the turn of India’s largest two-wheeler manufacturer Hero MotoCorp to launch its offensive. The bike in question is a 440cc roadster, based on the same platform as that of Harley-Davidson X440.Hero Mavrick 440 – What to expect?As compared to Harley X440, Hero Mavrick 440 will have a relatively toned-down profile. It is likely to have entirely different panelling all across. However, retro features such as round headlamp and rear-view mirrors could be the same.Hero Mavrick 440 name trademarkedWhile X440 is positioned as a ‘Roadster Reimagined’, the Hero Mavrick 440’s styling could be more in line with a conventional roadster bike. From the user’s perspective, Mavrick 440 will have attributes that will be comparable to the bestselling Classic 350.Some of the expected features of Hero Mavrick 440 include a circular instrument pod. It could be the same 3.5-inch TFT display, as seen with Harley X440. The console has Bluetooth connectivity, allowing users to access phone and media. App-based connectivity features could also be made available. Mavrick 440 will have a comfortable, upright riding stance. Seat height could be around 800 mm, which will be suitable for the majority of users.Mettle – the guiding force behind your character, setting the stage for what lies ahead.#MeetYouSoon #KeyMonastery #SpitiValley pic.twitter.com/XcgN5qqmCi— Hero MotoCorp (@HeroMotoCorp) January 3, 2024Hero Mavrick 440 specs, performanceFor Mavrick 440, Hero could use a tweaked version of the chassis in use with Harley X440. It’s also possible that a different chassis can be used. But from a cost perspective, the preferred option will be to use the same chassis as that of X440. To ensure that Mavrick 440 is made available at an affordable price point, Hero can also introduce changes to the equipment list.For example, a base-spec variant could be introduced with limited features. It could use conventional telescopic forks in comparison to the 43mm KYB USD telescopic front forks in use with Harley X440. Similarly, affordably priced tyre options can be considered.Powering Hero Mavrick 440 will be the 440cc, single cylinder, air-oil cooled engine that generates 27 bhp of peak power and 38 Nm of max torque. It is mated to a 6-speed gearbox. Onboard Harley X440, fuel efficiency is 35 km/l. Engine performance could be slightly toned-down in case of Mavrick 440. Hero will also ensure that the bike has a unique and powerful exhaust note.Hero Mavrick 440 launch timelineHero is likely to unveil Mavrick 440 soon. Media drive events are scheduled to be held on 15th-16th February. With its manufacturing prowess, Hero should be able to launch the bike at a competitive price point. At around Rs 2 lakh, Hero Mavrick 440 can be a good deal in the sub-500cc motorcycle segment. For reference, Harley X440 starts at Rs 2.39 lakh whereas Royal Enfield Classic 350 is available at Rs 2.28 lakh. More

2023 Hero Xpulse 200 4VHero MotoCorp ended December 2023 with YoY and MoM degrowth but posted increased YTD sales and 5% growth in CY 2023Hero MotoCorp has witnessed rising sales during the past year. Increase in government spending, improved liquidity and the festive and marriage season boosted sales during the January to December 2023 period to 54.99 lakh units. This was a 5 percent growth over sales of 52.47 lakh units sold in the January to December 2022 period.Hero MotoCorp Sales December 2023In December 2023, Hero MotoCorp reported total sales (motorcycles + scooters / domestic + exports) down 0.06 percent YoY to 3,93,952 units as against 3,94,179 units sold in December 2022. This was a volume de-growth of 227 units. It was also a MoM de-growth of 19.77 percent from 4,91,050 units sold in November 2023.Hero MotoCorp Sales Dec 2023Motorcycle sales dipped both YoY and MoM to 3,54,658 units in December 2023. This was a 0.59 percent YoY de-growth over 3,56,749 units sold in December 2023 with a 90.03 percent share. MoM sales however, fell more significantly by 19.63 percent from 4,41,276 units sold in November 2023, relating to a volume dip of 86,618 units.Scooter sales on the other hand grew on a YoY basis by 4.98 percent to 39,294 units, up from 37,430 units sold in December 2022 to command a 9.97 percent share. MoM sales however, fell by 21.06 percent from 49,774 units sold in November 2023 when share percentage had stood at 10.14. This took total domestic sales down 0.92 percent YoY and 20.67 percent MoM to 3,77,842 units in December 2023. The company had sold 3,81,365 units and 4,76,286 units in December 2022 and November 2023 respectively.Hero MotoCorp has seen encouraging export figures. There were a total of 16,110 units shipped in December 2023, up 25.72 percent from 12,814 units shipped in December 2022 relating to a 3,296 unit volume growth. MoM exports also increased by 9.12 percent from 14,764 units shipped in November 2023. The company’s export share grew by 3.01 percent in November 2023 to 4.09 percent in the past month.Hero MotoCorp YTD Sales up 4.21%Taking into account year-to-date sales (April-December 2023), Hero MotoCorp has reported a 4.21 percent increase to 42,29,032 units during the same period. This was a growth of 1,70,978 units over 40,58,054 units sold in the period April-December 2022. These figures included both domestic sales and exports. Here increased sales were reported for both motorcycles and scooters as well as for domestic sales while exports ended in the red.Motorcycles sales were up 3.38 percent to 38,94,963 units in FY24 period as against 37,67,768 units sold in FY23. This related to a volume growth of 1,27,195 units. Scooter sales improved by 15.08 percent to 3,34,069 units in FY24 period from 2,90,286 units sold during the months of April-December 2022. This took total domestic sales up 4.43 percent to 40,95,084 units in FY24 over 39,21,309 units sold in FY23. Exports on the other hand dipped 2.05 percent to 1,33,948 units in the April-December 2023 period, down from 1,36,745 units sold in the same period last year.In December 2023, Hero MotoCorp announced a tie up with Ather Energy to expand EV public charging infrastructure across 100 cities. There are also Ather and My VIDA apps, designed with user-centric interfaces while it will offer all the information needed to assist EV users. More

X440 test mule that could be Hero’s Classic 350 rivalIf it is a RE Classic 350 rival, Hero’s new 440cc motorcycle might be priced aggressively and under rival’s pricing to significant extentIndia’s largest motorcycle manufacturer, Hero MotoCorp, is strengthening its position in premium motorcycle space in the Asian subcontinent. As of now, this 2W behemoth is Primarily known for its budget commuters. The company’s biggest 440cc motorcycle is launching on 22nd January 2024, as teased by the company.Hero Teased New 440cc Bike – Name starts with an R?Partnership with Harley-Davidson is spawning a 440cc motorcycle for Hero, as teased by the company recently. As per the teaser, we might be looking at the same 440cc platform jointly developed by Hero MotoCorp and Harley-Davidson. In the soundtrack of this teaser was a bassy exhaust note.In this teaser, Hero MotoCorp is highlighting the letter ‘R’. This could be a clear indication that the name of Hero’s upcoming 440cc motorcycle might start with R. The question, however, is what kind of a motorcycle is Hero MotoCorp cooking? There are a few possibilities.Is this a Classic 350 rivaling Retro motorcycle?If we look at test mules that revolve around Hero’s research centre in Jaipur, we can see a few Harley-Davidson X440 test mules that may be testing a new set of accessories for X440 like rear pillion backrest. Thst said, we have also reported surprising X440 test mules with heavy camouflage and without accessories after Harley-Davidson X440 launched it in India.Hero Teased New 440cc BikePrimary speculations point towards a badge-engineered X440 under Hero’s name to take a dig at ever-popular Royal Enfield Classic 350. Considering sales potential, this is among the logical possibilities too. Badge engineering is common practice and bike makers like BMW and TVS are at it too.Positioning as a power cruiser or power roadster with retro looks, Hero could cut down on a few premium finishes and features from X440 to create a Classic 350 rival under Hero brand and price it aggressively. We’re talking about Rs. 2 lakh (ex-sh) price point. It would be a tempting proposition.210cc Xpulse and Xtreme?Other possibilities include the launch of 210cc versions of current Xpulse 200 and Xtreme 160R, based on 210cc liquid-cooled DOHC 4V engine from Karizma XMR 210. The R name that Hero MotoCorp is highlighting might denote Xtreme 210R. There may be design inspirations from Hero 2.5R XTUNT Concept motorcycle recently unveiled at 2023 EICMA.Hero Xtreme 210 and Xpulse 210 spotted testingIs it Xpulse 440 with a new name?Other set of test mules spotted around Jaipur is Xpulse 440. This is Hero’s big-capacity ADV motorcycle that will take on the likes of Royal Enfield New Himalayan, Triumph Scrambler 400X, KTM 390 Adventure and the likes. The company has been testing this upcoming Xpulse in high-altitude areas around Ladakh and Himalayas since 2022.There might be a new motorcycle in its entirety. Whose test mules never caught any prying eyes of Indian automotive enthusiasts. Something like TVS pulled out with Raider 125 launch. More info revolving around this motorcycle might surface in the coming days.Source More

Hero Splendor Black EditionHero MotoCorp reported YoY and YTD growth in November 2023 even as its total sales dipped on a MoM basisHero MotoCorp, the country’s largest two wheeler manufacturer, has seen good sales across its motorcycle and scooter segments in November 2023. The company is also optimistic of sales boost in the month ahead with positive buyer sentiments more specifically during the ongoing wedding season. The company has reported positive sales both on a year-on-year(YoY) and year-to-date (YTD) basis even as its month-on-month (MoM) performance dipped significantly.Hero MotoCorp YoY Sales November 2023Hero MotoCorp sales (motorcycle + scooter) (domestic + exports) improved by 25.61 percent YoY in November 2023 to 4,91,050 units up from 3,90,932 units sold in November 2022. This was a volume growth of 1,00,118 units. Improvement was seen both across motorcycle and scooter segments and where the company’s domestic sales and exports were concerned.Hero MotoCorp Sales Nov 2023Motorcycle sales grew by 25.07 percent YoY to 4,41,276 units last month, up from 3,52,834 units sold in November 2023. It has a volume growth of 88,442 units while motorcycles command an 89.86 percent share. Scooter sales also improved by 30.65 percent YoY to 49,774 units, up from 38,098 units sold in November 2022 to garner a 10.14 percent share.Domestic sales saw an improvement of 25.39 percent YoY to 4,76,286 units in November 2023 from 3,79,839 units sold in the same month last year while exports also saw a 33.09 percent YoY growth from 11,093 units shipped in November 2022 to 14,764 units in the past month.Hero MotoCorp MoM Sales November 2023Hero MotoCorp saw lower MoM sales last month even as its scooter sales grew significantly. It was a 14.59 percent MoM de-growth from 5,74,930 units sold in October 2023 down to 4,91,050 units in November 2023. Motorcycle sales fell by 16.64 percent from 5,29,341 units sold in October 2023 while scooter sales grew by 9.18 percent MoM from 45,589 units in October 2023 to 49,774 units in the past month.Sales in domestic markets dipped by 14.91 percent to 4,76,286 units in November 2023 from 5,59,766 units sold in October 2023. Exports also suffered a de-growth by 2.64 percent from 15,164 units shipped in October 2023 down to 14,764 units.YTD Sales April-November 2023The period Apr-Nov 2023 showed positive sales for Hero MotoCorp in domestic markets while exports suffered a setback. Total sales grew by 4.67 percent to 38,35,080 units, up from 36,63,875 units sold in the Apr-Nov 2022 period. This was a volume growth of 1,71,205 units.Motorcycle sales were up 3.79 percent to 35,40,305 units in Apr-Nov 2023 from 34,11,019 units sold in Apr-Nov 2022 while commanding a 92.31 percent share. Scooter sales saw an even higher percentage growth at 16.58 percent to 2,94,775 units in Apr-Nov 2023 from 2,52,856 units sold in the same period last year. Domestic sales were up 5.01 percent to 37,17,242 units, from 35,39,944 units sold in the 2022 period while exports fell 4.92 percent to 1,17,838 units in Apr-Nov 2023 from 1,23,931 units sold in Apr-Nov 2022. More

Hero GlamourHero GlamourHero MotoCorp has reported double-digit YoY growth in October 2023 both where domestic sales and exports were concernedHero MotoCorp sales breakup (domestic sales + exports) in October 2023 stood at 5,72,057 units, which related to a 26 percent YoY growth over 5,54,555 units sold in October 2022. New models in the premium segment, which included the Harley-Davidson X440, along with its more established models such as the Splendor, Deluxe, Passion and Pleasure continued to propel the company to greater heights.Hero Sales Breakup October 2023 – DomesticHero MotoCorp also unveiled new models at the recently concluded 2023 EICMA Show. These included the Xoom 160 and 125, 125R Scooters and Vida electric concepts. Hero MotoCorp domestic sales in the month of October 2023 stood at 5,56,894 units. This was a 25.77 percent growth over 4,42,798 units sold in October 2022 relating to a 1,14,096 unit volume growth.The automaker also posted a MoM improvement from 5,19,759 units sold in September 2023. Topping the domestic sales charts was the Hero Splendor. Sales grew by 18.70 percent YoY to 3,10,671 units, up from 2,61,721 units sold in October 2022 to command a 55.79 percent share in the company portfolio.Hero Splendor was also the best-selling motorcycle in India last month, with sales figures way ahead of both Honda Shine and Bajaj Pulsar. It was followed by HF Deluxe with 1,17,719 units sold in the past month, up 50.77 percent from 78,076 units sold in October 2022. It was the Passion that followed at No. 3 with 40,759 units sold in October 2023, up 27.52 percent from 31,964 units sold in October 2022.Hero Sales Breakup October 2023 – DomesticGlamour sales also grew on a YoY basis by 32.26 percent to 37,476 units in the past month from 28,335 units sold in October 2022 while Destini 125 scooter saw higher sales by 18.06 percent to 17,425 units from 14,759 units sold in the same month last year. The Destini was also on the list of top 10 scooter sales last month featuring at No. 9.Xpulse 200 ADV saw 12.62% declineHero Pleasure sales dipped by 27.83 percent down to 10,773 units from 14,927 units sold in October 2022. There were 10,610 units of the Xoom sold last month. Sales of the Hero Xtreme 160/200 also saw sales fall by 13.61 percent YoY to 4,461 units from 5,164 units sold in October 2022. However, the Xtreme scored high on the list of 150-200cc motorcycle sales list at No. 8 ahead of Honda Hornet 2.0 and KTM 200.There we 3,840 units of the Hero Vida sold last month relating to a 191900 percentage growth from just 2 units sold in October 2022. Xpulse 200 sales dipped by 12.61 percent YoY, down to 2,597 units from 2,972 units sold in October 2022. The company also had the Karizma 210 (285 units) and Maestro (278 units) on its sales list of which the Maestro saw sales dip 94.30 percent YoY.Hero exports rise 29% in October 2023Hero MotoCorp accounted for a 28.97 percent increase in total exports in October 2023. Exports stood at 15,163 units, up from 11,757 units shipped in October 2022. In global markets, it was the Hero Hunk that garnered the most attention with 3,471 units exported last month, up 28.03 percent YoY from 2,711 units sold in October 2022.The Hunk currently commands a 22.89 percent share on the export list. Exports also grew for the HF Deluxe (3,010 units) and Maestro (2,660 units), while exports of the Hero Glamour dipped by 5.44 percent to 2,192 units in the past month from 2,318 units sold in October 2022.Hero Xpulse 200 exports went up by 61.78 percent YoY to 1,964 units in October 2023 from 1,214 units shipped in October 2022 while that of Splendor improved by 30.34 percent to 1,856 units whereas there had been 1,424 units shipped in October 2022. The export list also had the Xtreme (6 units), Xoom (2 units) and Pleasure and Karizma of which 1 unit each were exported lasts month. More