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Search resuls for: "Hero MotorCorp"


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A Harley Davidson X440 bike is displayed in this handout image obtained by Reuters on July 18, 2023. Hero MotorCorp/Handout via REUTERS/File PhotoBENGALURU, Aug 8 (Reuters) - Indian bike maker Hero MotoCorp (HROM.NS) on Tuesday said it received over 25,000 bookings for the world's cheapest Harley Davidson motorcycle, sending shares up over 3%. The company said 65% of the bookings for the X440 were for the motorcycle's top-end variant, priced at 269,000 rupees. Hero, the world's largest motorcycle maker by sales, said in a statement it will begin production of the X440 in September and begin deliveries from October. ($1 = 82.8050 Indian rupees)Reporting by Kashish Tandon in Bengaluru; Editing by Varun H KOur Standards: The Thomson Reuters Trust Principles.
Persons: Harley Davidson, Hero MotorCorp, MotoCorp, Harley, Hero, Kashish Tandon, Varun Organizations: Reuters, REUTERS, Thomson Locations: Handout, BENGALURU, India, Bengaluru
Hero MotoCorp raises new Harley-Davidson prices in India
  + stars: | 2023-08-02 | by ( ) www.reuters.com   time to read: +2 min
A Harley Davidson X440 bike is displayed in this handout image obtained by Reuters on July 18, 2023. Hero MotorCorp/Handout via REUTERS/File PhotoBENGALURU, Aug 2 (Reuters) - Two-wheeler maker Hero MotoCorp (HROM.NS) on Wednesday raised prices of the new Indian Harley-Davidson motorcycle by 10,500 rupees ($127.45) days after the Harley chief executive said pre-orders of the new model exceeded the company's expectations. The Harley-Davidson X440 will be priced at 239,500 rupees ($2,905.06) and above, with the hike applicable for all its variants, Hero said in a statement. Triumph had crossed more than 14,000 in bookings last month, while Hero or Harley did not disclose their booking numbers. Hero shares were down as much as 2.6% in morning trade on Wednesday, while the U.S.-listed Harley-Davidson (HOG.N) shares closed 0.2% lower on Tuesday.
Persons: Harley Davidson, Hero MotorCorp, MotoCorp, Davidson, Harley, Hero, We've, Jochen Zeitz, Kashish Tandon, Dhanya Ann Thoppil Organizations: Reuters, REUTERS, Harley, Hero, British, Triumph, Bajaj Auto, Thomson Locations: Handout, BENGALURU, India, U.S, Bengaluru
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