All models Hero
Hero MotoCorp Ltd., the world's largest two-wheeler manufacturer based in New Delhi, India. The company is one of the top players in the segment and is growing up with best hand-picked motorcycles. It is a well-known bike manufacturer, which is engaged in manufacturing of two-wheelers and its spare parts added with services. Most of the company products are developed from three manufacturing facilities, where two are based at Gurgaon and Dharuhera in the state of Haryana in northern India. Moreover, the other manufacturing plant is based at Haridwar, which is located in the hill state of Uttrakhand. In recent times, the company reported the highest ever non-festive monthly sales in this April 2014. There are a 14.4 per cent rise in its April sales to 5.71 lakh units. Joint Venture and key people of Hero MotoCorp Ltd Additionally, the company had a joint venture with Magneti Marelli in order to manufacture and develop exciting fueling systems. Till date, the Hero Motocorp Ltd has produced a wide range of motorcycles and they include Splendor Plus, super splendour, CD Deluxe, and Passion Pro. Digging the past, the company has owned an offshore investment subsidiary in the Netherlands and has a wholly owned subsidiary in the United States, which is known as HMCL (NA), Inc. The key peoples of this company include Dr. Brijmohan Lall Munjal, the Chairman and Pawan Munjal, the MD and CEO. The latest reports show that the company has a market capitalization of INR 308 billion.
Latest Units From This Manufacturer
In the joint venture of Honda, the company has produced innovations like Pleasure, Glamour, Glamour Fi, Hero Karizma and Karizma ZMR. Moreover, this India's largest two-wheeler maker also launched a new motorbike, Splendor iSmart which. This motorcycle iSmart is showcased at Auto Expo and is powered by a 100-cc air-cooled, 4 strokes single cylinder engine. At the same event, the 2014 Auto Expo this bike manufacturer has announced five new products to its portfolio. These all-new models come in different levels and they include two scooters, two motorcycles, and a diesel-hybrid concept. These models are expected to launch around April and added with interesting features.
Upcoming Bikes In Its Portfolio
The Hero MotoCorp is also planning to launch its first hybrid scooter named as the Leap by the end of this year. It comes with innovative technology and it uses a pack of lithium-ion batteries to power its 8kW electric motor, which is coupled with a PMAC traction motor. So, we expect the company will maintain its position as a sales leader and also seems to have big plans for India.