Hero MotoCorp

Hero Philippines Operations CommencedAs of writing this article, Hero MotoCorp has presence in 48 countries with production facilities in India, Bangladesh and ColombiaWorld’s largest motorcycle and scooter manufacturer, Hero MotoCorp, has now commenced operations in the Philippines with a strategic partnership with Terrafirma Motors Corporation (TMC). The company has commenced production at their Laguna plant and will produce premium motorcycles and scooters from Hero.Hero Philippines OperationsThe strategic partnership with Terrafirma Motors Corporation was first announced in 2022. Terrafirma Motors Corporation comes under the Columbia Group of Companies. It is touted to be the most experienced automotive automotive distributor in Philippines.In the Philippines market, TMC will be the exclusive partner for Hero MotoCorp to both assemble Hero products and distribute them. The partnership has already managed to establish a comprehensive retail network comprising of up to 350 customer touch points. Soon, this network will get a major boost.Together, Hero and TMC have established a state-of-the-art assembly facility in Laguna, Philippines. It also comprises a spare parts warehouse as well. This Laguna facility spans over 6,000 sq metres and has an annual production capacity of up to 1,50,000 units.Hero Philippines Operations CommencedThe partnership aims to sell premium motorcycle and scooter range from Hero MotoCorp. These include Xpulse 200 4V adventure off-road motorcycle, Hunk 160R 4V (sold in India as Xtreme 160R 4V) and lastly, Xoom 110 scooter. In the future, we hope Hero Philippines offer more premium vehicles.The retail operations have commenced, starting today, August 1st, 2024. The first unit to roll out of the facility was an Xpulse 200 4V and was delivered to the customer. In philippines, on-road price of Xpulse 200 4V is PHP 140,000 (Rs 2 lakh), Hunk 160R 4Vist PHP 99,900 (Rs 1.43 lakh), and Xoom 110 is PHP 69,900 (Rs 1 lakh). Each vehicle is being offered with a warranty of either 2 years or 24,000 kilometers.Statement from the Hero MotoCorpNiranjan Gupta, Chief Executive Officer, Hero MotoCorp said, “The commencement of operations in the Philippines will bolster our overall global presence. Hero MotoCorp, with its extensive and innovative product portfolio, is committed to delivering superior mobility solutions and exceptional after-sales services ensuring a delightful ownership experience.2023 Hero Xpulse 200 4V ProPartnering with Terrafirma Motors Corporation (TMC), a distinguished entity within the Columbian Group, we are poised to swiftly establish and expand our presence in this vital market.”Statement from Terrafirma Motors CorporationBienvenido Sanvictores Santos, Chairman, Terrafirma Motors Corporation, said, “We are delighted to partner with Hero MotoCorp, one of the leading automotive companies in the world. Hero’s products are renowned for their technology and reliability, and we are confident that customers in the Philippines will love these motorcycles and scooters. Combining Hero MotoCorp’s global expertise with our local knowledge, we intend to make a significant impact in the market.”Also read – Hero Xpulse 210 with Karizma XMR 210 engine spied More

Hero SplendorSplendor, HF Deluxe and Glamour accounted for the bulk of Hero MotoCorp’s sales to command a combined market share of 85.52%Market leader Hero MotoCorp continued its dominance in the two wheeler segment with domestic sales at 4,90,743 units last month. This translated to a growth of 16.09% over the corresponding month figures of 4,22,740 units. While the company has received outstanding response for its motorcycle range, sales of Xoom and Maestro in the scooter segment dipped as buyers have been recently showing more preference towards electric scooters.Hero MotoCorp Sales June 2024 – YoY ComparisonAs always, Hero Splendor commanded the sales charts in June 2024 with 3,05,586 unit sales to garner a 62.27% share on this list. This was also a 28.21% YoY growth over 2,38,340 units sold in June 2023 relating to a volume increase of 67,246 units.Hero Sales Breakup June 2024HF Deluxe sales grew marginally by 0.75% to 89,941 units last month from 89,275 units sold in June 2023 while Hero Glamour has reported the highest percentage growth on a YoY basis by 115.88% to 24,159 units sold in June 2024. This was a volume growth of 12,968 units over 11,191 units sold in June 2023. The Glamour currently commands a 4.92% share on this domestic list.Hero Xtreme 125R, launched earlier this year has captured a No. 4 position on the company’s domestic sales list with sales of 21,054 units and a 4.29% share. This 125cc sports bike is priced at Rs 95,000 for the IBS and Rs 99,500 for ABS variant (ex-showroom). Sales of the Passion dipped by 72.45% YoY to 13,100 units, a volume decline of 34,454 units from 47,554 units sold in June 2023.  NoHero DomesticJun-24Jun-23DiffGrowth % YoY% Share Jun 241Splendor3,05,5862,38,34067,24628.2162.272HF Deluxe89,94189,2756660.7518.333Glamour24,15911,19112,968115.884.924Xtreme 125R21,054021,054–4.295Passion13,10047,554-34,454-72.452.676Destini 12511,1407,6703,47045.242.277Pleasure8,7777,85292511.781.798Xoom4,9068,926-4,020-45.041.009Vida4,0392,7601,27946.340.8210Xpulse 2003,9593,57738210.680.8111Xtreme 160 / 2003,1383,095431.390.6412Karizma 2104760476–0.1013Mavrick 4404590459–0.0914Maestro92,500-2,491-99.640.00–Total4,90,7434,22,74068,00316.09100.00Hero Destini 125 continues to attract buyers in its segment with 11,140 units sold last month, up 45.24% over 7,670 units sold in June 2023. Hero Pleasure too has seen improved demand in domestic markets with an 11.78% YoY growth to 8,777 units while sales of the Xoom scooter dipped by 45.04% to 4,906 units in the past month from 8,926 units sold in the same month last year.Vida Electric Scooter SalesLower down on the Hero MotoCorp domestic sales list was the Vida electric scooter with a 46.34% YoY improvement in sales to 4,039 units. There had been 2,760 units sold in June 2023.  Hero XPulse 200 also saw its sales grow by 10.68% to 3,959 units last month while Xtreme 160/200 sales were up 1.39% to 3,139 units.Karizma 210 contributed 476 units to company domestic sales last month. The bike was recently spotted on test along with the Hero Xpulse 210. Hero Mavrick 400 sales stood at 459 units while there were 9 units of the Maestro sold last month relating to a 99.64% YoY decline from 2,500 units sold in June 2023. More

2024 Hero Xtreme 160R 4VJust launched, 2024 Hero Xtreme 160R 4V will rival TVS Apache RTR 160 4V and Honda Hornet 2.0 among other premium commutersThe sporty 160cc motorcycle segment has been very lucrative for OEMs. This is a tier above the non-sporty and non-premium 150cc – 160cc offerings and strikes a decent balance between style and substance for buyers. Hero Xtreme 160R has been updated to MY24 with a few feature additions along with improvements in componentry. The bike was just launched. Let’s take a look at what’s new.2024 Hero Xtreme 160R 4V LaunchedIn June 2023, Hero MotoCorp launched the new Xtreme 160R with USD telescopic front forks and a host of other features. With this launch, Hero offered a 4V head, oil cooling setup and USD telescopic front forks along with a striking design with premium LED lighting to appeal to young riders.2024 Hero Xtreme 160R 4V – FeaturesAt the time, many enthusiasts felt that Hero should have offered dual-channel ABS to make Xtreme 160R 4V a more complete and rounded-off product. Come July 2024, Hero MotoCorp is doing just that and is ensuring there are more features inbound to better rival the offerings from rivals like TVS and Honda.New 2024 Hero Xtreme 160R 4V has been launched with improved features list and addition of Dual-Channel ABS. Prices have been announced and start from Rs 1,38,500  (Ex-sh). When compared to current model, price increment is Rs 2,000. There is a new Kevlar Brown colour option. Colours retained from its predecessor include Neon Shooting Star and Stealth Black.2024 Hero Xtreme 160R 4VBefore diving into its updated features list, let’s get design updates out of the way. The primary attribute that attracts all the attention is its new colourway. It is a black and bronze-like brown combination with interesting decals. Split seat design is replaced with a single-piece unit for comfort.There seems to be a new LED tail light as well that looks a lot more modern and premium than before. Speaking of tail lights, Hero is offering first-in-segment panic brake alerts with 2024 Hero Xtreme 160R 4V that enhances safety proposition.2024 Hero Xtreme 160R 4VNew featuresApart from panic brake alert, Hero is now offering dual-channel ABS with 2024 Xtreme 160R 4V that ups the overall safety quotient. The bike had a fully digital reverse LCD instrument cluster with a plethora of features. With 2024 model, Hero has added first-in-segment drag race timer to record 0-60 km/h sprints.2024 Hero Xtreme 160R 4V – New SeatOther attributes have remain the same including its powertrain. Speaking of, a 163.2cc single-cylinder oil-cooled SOHC 4V engine with 16.6 bhp of peak power and 14.6 Nm of peak torque, mated to a 5-speed gearbox. Primary rivals include TVS Apache RTR 160 4V and Honda Hornet 2.0.2024 Hero Xtreme 160R 4V – Drag Race TimerAlso read – Hero Xpulse 210 spied More

Hero Centennial Based On Karisma XMR 210Even though the differences to Hero Centennial are vast over Karizma XMR 210, the company didn’t mention increase in power and torqueAt the grand stage of Mavrick 440 launch, Hero MotoCorp also showcased a few of their upcoming vehicles. We’re not talking about Xoom 160 and Xoom 125R scooters soon to launch in India. Instead, we’re talking about the extremely limited (100 units) Karizma-based Hero CE limited edition motorcycle that will be auctioned soon.Hero Centennial To Be Auctioned SoonWhen the Karizma was launched, Indian motorcycling fraternity yearned for a sportier version. The company has answered this call and unveiled Hero Centennial. At the time of unveiling, it was referred to as Karizma CE (Commemorative Edition). Thus signifying the fact that it was positioned on a standard Karizma XMR 210.Hero Karizma CEKarizma CE was Hero’s attempt to commemorate 101st birth anniversary of Late Dr Brijmohan Lall Munjal, the founder of Hero MotoCorp. Now, Karizma CE has taken a definitive name and is being called ‘The Centennial’, which is the sportiest form that Karizma can aspire to be. Despite being based on a Karizma XMR 210, it is quite unique in its positioning.That’s because the sportiest Karizma will not be launched for the mainstream market. Hero MotoCorp is launching only 100 units of Centennial and will be auctioned off to company employees, business partners and stakeholders as a collectors item. Contributions from the auction will be utilized for greater good of the society, signifying founder’s ethos.Hero Karizma CEAccording to Hero MotoCorp, the Centennial was designed and developed by CIT (Hero Centre for Innovation and Technology) in India and TCG (Hero Tech Centre in Germany). All 100 units of the Centennial are meticulously crafted with excellent craftsmanship and premium components that are not seen with standard Karizma.Hero Centennial Based On Karisma XMR 210Also, Hero MotoCorp has greenlighted ‘My Hero, My Story’ campaign. Where Hero customers can take part and share an anecdote of their journey with their Hero motorcycle. Top entries from this campaign will be selected and awarded with a Centennial motorcycle. The company didn’t specify how many Centennials will be reserved for this campaign.What does Centennial get extra?When compared to the standard Hero MotoCorp Karizma XMR 210, Centennial is a lot more comprehensive in its equipment. For starters, it gets a unique semi-fairing and rear seat cowl made entirely out of carbon fiber along with other body panels. Hero has used anodised and machined aluminium on the triple clamp, handlebars, rear-set foot pegs, handlebar mounts and swingarm, unique to Centennial.Hero Centennial Based On Karisma XMR 210There is upgraded componentry in the form of fully-adjustable mono-shock suspension from Wilbers, 43mm USD telescopic front forks with damping adjustment, a titanium exhaust from Akrapovic and others. Unique paint scheme and diamond-cut alloy wheel finishings further scream exclusivity. More