Hero MotoCorp

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

New Hero XOOM 160With new-gen products like Xoom125R and Xoom 160, Hero MotoCorp can grab a larger share in scooter segmentWhile it dominates the entry-level motorcycle segment, Hero MotoCorp hasn’t been able to achieve similar results in scooter segment. But the company continues to be on the offensive by launching new products and features at regular intervals. As part of that plan, Hero will soon launch the Xoom 125R and Xoom 160 scooters.Hero Xoom 125R, Xoom 160 detailed in TVCHero Xoom 125R will primarily take on TVS Ntorq. The scooter has a distinctive profile and not a copy of Xoom 110cc. It is probably being positioned as the sportiest scooter in 125cc segment. To make it work, an entirely new design format has been used. Some of the key features include a majestic, multi-layered front fascia, full-width headlamp, eye-catchy handlebar cowl, wide shoulders, muscular side panels and sporty upswept exhaust.With 14-inch wheels, the scooter has a tall profile and can easily tackle rough road conditions. Its aerodynamic design will allow riders to breeze through urban streets. Seats are wide and comfy and there’s ample space in the floorboard area. For folks looking to add some style to their daily commutes, Hero Xoom 125R seems to be an appropriate option.Talking about Xoom 160, it will be Hero’s new flagship when launched. The maxi scooter is designed as a versatile machine that’s good for urban streets as well as some mild off-road explorations beyond city limits. Some of the key highlights include a signature front beak, dual headlamp setup, large windscreen, sharp body panelling and upswept exhaust. There’s a dedicated rear rack for a top box. With its aggressive design, Hero has chosen to call it a ‘SUV of 2-wheelers’. Xoom 160 will primarily rival the likes of Yamaha Aerox 155 and Aprilia SXR 160.Xoom 125R and Xoom 160 specs, performanceHero Xoom 125R will be using a slightly detuned version of the 125cc engine in use with Maestro Edge 125 and Destini 125. Onboard the Xoom 125R, the air cooled, single-cylinder engine churns out 9.37 bhp of max power and 10.14 Nm of peak torque. Xoom 160 has a 156cc liquid cooled engine. It is different from the engine currently in use with Hero Xtreme 160R 4V. Power and torque numbers of the new engine are yet to be revealed. The scooter will have i3S and ABS.Both Xoom 125R and Xoom 160 will have digital instrumentation. A range of connectivity features will be available via Hero Connect App. It will include geofencing, live tracking, remote immobilization, battery removal alert, location sharing, accident and topple alert, speed alert and SOS alert (panic button). Other possibilities include vehicle diagnostics, roadside assistance, booking a service and trip analysis.In addition to the domestic market, Xoom 125R and Xoom 160 will also be introduced across overseas locations. Hero has stepped up focus on exports, which is expected to get a boost with truly global products like Xoom 125R and Xoom 160. Launch in India is expected in the first or second quarter of CY2024. More

Hero Vida V1 Pro Global DebutThe Hero Vida V1 Pro and V1 Coupe unveiled at 2023 EICMA Show, boast twin removable batteries with 3.94 kWh capacity and 110 km real world rangeWith Vida sub-brand, Hero MotoCorp intends to expand its footprint to new markets and strengthen its position in existing ones. In that regard, Hero Vida V1 Pro and its Coupe model have debuted globally. The company targets Europe and UK as part of its global expansion and will introduce premium ICE 2W vehicles further down the line.Hero Vida V1 Pro, V1 Coupe Global DebutAt 2023 EICMA Show, Hero showcased two entirely new scooters yesterday – Xoom 160 and Xoom 125R. The latter is a sportier and flashier scooter from Hero in 125cc segment to rival TVS Ntorq. However, it is the former, that garners more interest as it debuts Hero’s all new 156cc liquid-cooled engine with i3S tech.There were other showcases too. Like Concept Lynx off-road electric bike and Concept Acro kids electric bike along with Concept 2.5R XTUNT that will spawn Xtreme 210R as its production version. Sticking with scooters, Hero showcased V1 Pro alongside Xoom 125 and Xoom 160 on the stage.Hero MotoCorp dived into electric 2W realm last year with Vida sub-brand. The company now intends to go global with its Vida lineup targeting Europe and UK markets. As of now, Hero is keen on entering Spain and France in Europe and UK. The company’s commercial operations will commence around mid-2024.Vida V1 Single SeatStarting with Vida electric scooter lineup, Hero will introduce more premium ICE scooters and motorcycles in these markets in the future. Premium products like Xpulse, Karizma XMR and upcoming Xtreme 210R, Xoom 160 and Xoom 125 will be under consideration. Hero has identified key distributors from these respective markets and commercial agreements should finalise soon enough.Vida V1 Coupe Unveiled at 2023 EICMAFor UK, Hero has selected MotoGB with 150+ dealer networks as its main distributor. Onex Group subsidiary Noria Motos and GD France will be Hero’s primary dealers in Spain and France respectively. Hero MotoCorp also unveiled Vida V1 Coupe with a unique FIY single and double-seat configuration option.This will allow for individual expression while keeping practicality intact. In terms of features, Vida V1 Pro comes equipped with twin removable batteries with a total capacity of 3.94 kWh, two-way throttle, keyless start, cruise control, riding modes, OTA updates, 7-inch touchscreen dashboard, full LED lighting and more.Hero Vida V1 Coupe unveiled at 2023 EICMA ShowWords from the manufacturerNiranjan Gupta, CEO, Hero MotoCorp said, “We are excited to showcase our latest products and technologies to our stakeholders here who have come from around the world. We are collaborating with highly credible partners in the UK, Spain, and France to start commercial operations in each of these markets by mid 2024.“We will first introduce our electric scooter VIDA V1 in these countries and then expand our offerings with high-capacity premium ICE motorcycles and scooters, which are showcased here. With our expertise in providing high-quality personal mobility solutions at accessible prices, we are confident that our new range of products will be appreciated by customers across geographies. Our aim is to “Innovate and Manufacture in India for the world” and we are changing gears to swiftly move ahead towards this target.” More

Hero 2.5R XTUNT ConceptNovelty features on Hero 2.5R XTUNT Concept like follow-me drone and active aero tech are less likely to make it production modelAt 2023 EICMA Show, Hero made quite a spectacle by displaying two new scooters and a brand-new motorcycle concept. Called Concept 2.5R XTUNT, it caught our eyes at the show immediately. We couldn’t help but wonder, is this the concept for upcoming Xtreme 210R? This 2.5R XTUNT will be the primary inspiration for upcoming 210cc Xtreme street bike as revealed by comparison image below.Hero 2.5R XTUNT Unveiled At 2023 EICMAAccording to Hero MotoCorp, 2.5R XTUNT is designed to appeal new-age thrill-seekers and for riders craving urban adventure filled with adrenaline. Hero promises an unapologetic design, which translates to a wild appearance. Going by Hero’s words, Concept 2.5R XTUNT has a radical new design that screams aggression. With the Red and White colourway, it looks very nice too.Especially at the front where headlights look menacing with an animalistic appeal. A devilish LED DRL signature, sleek headlight bulbs and other bits that should appeal to the youth. Concept 2.5R XTUNT seeks a committed riding posture and an aggressive stance. Seat looks slightly taller and rear subframe is minimal. Production model will get a more conventional setup.Hero promises a lightweight chassis, powerful engine and advanced technology for pinpoint precise corner carving. The design is quite standout and will be the prominent aspect of buying decision when launched. It aims for next gen riders seeking thrill of adventure and urban freestyle.Hero 2.5R XTUNT Concept FasciaIn terms of componentry, the bike sports a lightweight trellis frame that looks a lot like new Karizma’s, USD telescopic front forks finished in Gold shade, rear mono-shock suspension, fatter slick tyres wrapped to fancy alloy wheels, an underbelly exhaust and engine protector finished in White. There is active aero tech and a follow-me drone at the back too, which are less likely to make it to production.Xtreme 210R is the production version of this motorcycleSpeaking of powertrain, it packs the same engine as Karizma XMR 210. Given the name Concept 2.5R XTUNT, we would reckon it is displacing around 250cc. The production version, however, is likely to have an identical powertrain setup as Karizma’s. Which is a  210cc single-cylinder liquid-cooled, 4V, DOHC engine packing 25 horses, mated to a 6-speed gearbox.Hero has already commenced testing of the production version of Concept 2.5R XTUNT in India. It bears similar design and overall silhouette and proportions with the spied test mules. The Xtreme 210R name is probable, considering Hero’s past naming strategies.Hero 2.5R XTUNT Concept compared with Xtreme 210R test mulesWhen launched, it will take on multiple rivals like KTM 200 Duke, Suzuki Gixxer 250 and the likes. Given that it is a Hero MotoCorp product, it will undercut the rivals significantly and given the positioning below Karizma XMR, we can expect a price point of around Rs. 1.7 lakh (ex-sh). More