Latest News about Hero Splendor iSmart

The manufacturer sold a total 7,04,562 units last month as compared to June 2017 wherein it sold 6,24,185 units.

Hero MotoCorp has increased the prices of its two-wheelers. While the exact hike in price varies from model to model, the average increase in the ex-showroom price will be around Rs 500. 

Hero MotoCorp has announced a 16.5 per cent increase in two-wheeler sales in April 2018 as compared to the corresponding month in the last year. 

The manufacturer has hiked the prices across its range to balance the rise in input costs and price of commodities.

The manufacturer sold 7,30,473 units in March over 6,09,951 units in the same period last year.

Hero MotoCorp has laid the foundation stone for its new manufacturing facility in Sri Sri City, Chittoor, Andhra Pradesh. The sixth of its kind in the country, this new manufacturing facility will have an installed capacity of producing 18 lakh two-wheelers per annum. 

According to Pawan Munjal, managing director, Hero MotoCorp, the company is currently contemplating entering Moto 3. Moto 3, which is part of the FIM Road Racing Championship Grand Prix circus, is the entry-level class for MotoGP. Moto 3, which replaced the two-stroke 125cc class in 2012, runs single-cylinder 250cc four-stroke motorcycles. 

2016 was a fantastic year for Hero MotoCorp. The company sold 67,62,980 units in the last calendar year as compared to 64,86,103 units in 2016, registering a 4.3 per cent growth.

Spearheaded by the strong demand for its commuter motorcycles, Hero MotoCorp has set a personal record for the number of two-wheelers sold in a quarter. The company sold over 17.45 lakh two wheelers in the first quarter of this financial year, registering a gross turnover of Rs 8,010.66 crore and highest ever net profit.

Hero MotoCorp has appointed Male Masson as their head of global product planning. He will spearhead the company’s product planning for its global markets including the domestic market.