Friday, 11 October 2013

Hero MotoCorp surges on showcasing 15 new products

Hero MotoCorp has showcased 15 new products that will hit the market during the six months of the current fiscal. Of which, majority of the new offerings will hit the market in the ongoing October-December quarter as the company looks to cash in on the festive season in India. These unveiled products include refreshed top-end bike Karizma R, ZMR, Splendor I-Smart and new variant of scooter Pleasure.

The company is also planning to foray into Turkey and Egypt in the next few months, while it is also working on a low cost bike for the entry level segment. Last month, Hero MotoCorp had announced that it would introduce over 15 new offerings by March next year as it seeks to consolidate the leadership position.

Hero MotoCorp registered 15.78% rise in its total sales at 4,68,670 units for September 2013 as compared to 4,04,787 units sold in the same month previous year.

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