Hero MotoCorp Achieved 21.56% Growth in FY 2011-2012
After having a break up with the Japanese competitor, Honda, Hero MotoCorp Ltd. has witnessed a record sales for the Financial Year 2011-2012, which is the first year of its solo...
After having a break up with the Japanese competitor, Honda, Hero MotoCorp Ltd. has witnessed a record sales for the Financial Year 2011-2012, which is the first year of its solo journey. The company has possessed a benchmark by recording a sale of 62,35,205 units in this year with a turnover of Rs. 23,579 crores as compared to the turnover in last fiscal year which was Rs. 19,397 crores only, which means a growth of 21.56% over the last fiscal year. HMCL has carried forward the same growth pace into FY'13 with five lakh plus unit sales in the month of April, 2012 which has surpassed its previous highest monthly sales in the month of September, 2012.
The company is also planning to expand its global footprints in other parts of the world as the company is actively looking for new markets in Africa and Latin America including some other global markets also. Hero MotoCorp has also made its beginning in the international motorcycle racing, through participation in the AMA Pro Racing National Guard Superbikes Championship held in the U.S. At the Auto Expo, held in Delhi this year, the company has unveiled its Passion X Pro, a 110cc commuter, Hero Motocorp Ignitor – a 125 cc bike along with Hero Leap which is a hybrid electric scooter, running on both battery and petrol. Another launches by Hero includes Hero Impulse bike and Maestro scooter, that are expected to behave like a catalyst in boosting the sales of two wheelers by Hero.
The company has also decided to raise the price of its products by Rs. 500 to Rs. 1,000 in order to cope up with the increasing input costs. Hero MotoCorp has recently made some exciting announcements including a strategic alliance with the US-based Erik Buell Racing (EBR) to scale up its in-house R & D capabilities and also a partnership with Austria-based AVL for engine technologies. The partnership of HMCL with EBR was the reason behind its debut in the AMA Pro Racing Championship. Hero Motocorp has also sponsored the men's and women's hockey qualifying events for London Olympics 2012 and has introduced the chocolaty Ranbir Kapoor as their brand ambassador.
Hero Splendor Plus User Reviews
- Too love the bikeThe bike is very nice and I love this bike. I like this bike's performance and comfort. This bike's suspension are very soft and works well. Seat is so comfortable. Overall a nice bike. I love this bike.Read More14 2
- Reliable and low maintenance bike for daily useBecause it's a simple bike with professional look and low maintenance cost. It has a simple and professional design and is comfortable for daily uses. It is also easy to handle in city traffic and suitable for regular commuting and everyday rides. Its riding experience has been good so far and also this bike feels comfortable and easy to handle, especially during daily city rides. The mileage is satisfactory, the performance is smooth, and the seating position is comfortable for regular use. Yes, because it comes with very low maintenance cost and good average bike and good looking a very simple and practical motorcycle for daily use. It offers good mileage, comfortable riding, easy handling. The professional design is also a plus point for the rider.Read More137 63
- MIND-BLOWINGThis is really good for villagers and middle class family, thankyou hero tum hi ek matra aise service dete ho, koi bhi nhi deta hai, Kya service hai ek shabd me bole to amazing, mai ek gaanv se hoon aur ye gaanv me bahut hi jyada popular bike hai, kitno ko hamne suggestions bhi diye hai ye bike khardne ke liye, mileage bhi acha hai.Read More132 51
- review of bike.Splendor is a good bike for daily commuters as it delivers a good mileage and smooth performance. In one word, a buget king or mileage king. Moreover maintainance is also low, parts are easily available in market. I will recommend this bike for all the office commuter as well as for local users. Overall nice bike.Read More126 80
- Hero Splendor Plus – The Everyday HeroMany people choose the hero splendor plus because it is practical and reliable commuter motorcycle. Excellent mileage around 65-70 kilometre per litre. Comfortable riding. Low maintenance and spare parts are widely available. I am happy with this bike. Easy to ride, light weight and very easy to handle. It is comfortable for beginners and city traffic. Hero has a large service network across India. Making repairs and servicing convenient. Budget friendly bike for everyday use. Yes, I would recommend hundred percent. It is trusted brand. Good resale value and easy to ride. It's engine is known for long term durability, mileage is good. Upright seating position and good suspension for daily riding.Read More125 78