Not only is the count of women CXOs negligible (less than 3%) across India’s top 11 automobile companies, but their salaries are also 11% lower than male counterparts, according to a Deloitte study exclusively shared with ET. These 11 automakers command more than 85% market share in the passenger vehicle, commercial vehicle and two-wheeler segments, … Read more
The electric two-wheeler (E2W) market in India saw a significant surge in registrations during February 2024, indicating a robust 24% year-on-year growth in high-speed scooters. According to data sourced from Vahan, this surge reflects the growing traction of electric vehicles in the country, with key players making strides in this evolving sector. In February, registrations … Read more
Sales of sport utility vehicles, motorcycles and scooters in the local market increased in healthy double digits in February, on the back of improved supplies and sustained consumer demand. Sales of commercial vehicles and tractors though remained muted, on a high base and amid a cyclical slowdown in demand. As per industry estimates, passenger vehicle … Read more
ET Intelligence Group: The stock of Hero MotoCorp has lost nearly 3% in the three trading sessions since Friday when it declared its third-quarter results, following profit-booking and concerns over losses in the electric vehicle (EV) segment. However, factors such as incremental volume from the premium bike segment, strong product lineup, and improving demand for … Read more
The domestic two-wheeler industry is expected to witness a double-digit revenue growth next fiscal with demand for premium models anticipated to gain further momentum, according to Hero MotoCorp CEO Niranjan Gupta. The country’s largest two-wheeler maker, which reported a total income of Rs 10,031 crore in the October-December quarter this fiscal, also expects the entry … Read more
New Delhi, Hero MotoCorp on Monday said it will set up a facility for assembling products in Nepal in partnership with CG Motors, its newly appointed distributor in the country. The facility will be located in Nawalpur district and have a capacity of 75,000 units per annum, the country’s largest two-wheeler maker said in a … Read more
Home Car And Bike Dakar Rally 2024: Hero Motosports in Second Spot; Check Latest Standings Dakar Rally 2024: Ross Branch completed the Stage with the 4th fastest time, and with it, solidified his 2nd position on the overall leaderboard. Dakar Rally 2024: Hero Motosports in Second Spot; Check Latest Standings Riyadh: In the latest update … Read more
In a surprising move, Hero MotoCorp, known for its budget-friendly commuter and mid-range motorcycles, is making a significant shift towards the premium, sporty motorcycle segments. The company has recently teased its upcoming release, a 440cc motorcycle, scheduled for launch on January 22. The teaser is not only marked by the manufacturer’s departure from its traditional … Read more
The French Institute in India (IFI), the Delhi Board of School Education (DBSE), Hero MotoCorp Ltd. (HMCL), and the Franco-Indian Education Trust (FIET) collectively opened the door for the second French Language Lab and ‘French for All’ Wall Art installation in line with ‘French for All, French for a Better Future’ initiative. Lamp lighting ceremony … Read more
Home Car And Bike Hero Motocorp Lights Up The Festive Season With 2nd Edition Of ‘Grand Indian Festival Of Trust’ The theme for the mega campaign this year is “Iss Tyohar, Nayi Raftaar” which reflects the positive sentiments of the Indian families who are gearing up to celebrate the festival with excitement and optimism. Grand … Read more
