 | Two-wheeler sales get festive boost, Hero sells 14 lakh units in 32 daysA senior analyst at a brokerage firm tracking the auto sector said 2W sales during the 32-day festive period may have touched the 3 million or 30 lakh units mark. |
 | ED seizes Hero Chairman Munjal’s asset worth Rs 50 crore in money laundering caseThe seizures include his three immovable properties worth Rs 25 crore located in Delhi. |
 | ED attaches Rs 24.95 crore worth Delhi properties of Hero MotoCorp MD Pawan MunjalThe ED investigation found that Pawan Kant Munjal got foreign exchange/foreign currency issued in the name of other persons and thereafter utilised the same for his personal expenditure abroad. |
 | October rings in new hope for India's auto industryOctober was one of the best months for the auto industry since the pandemic, with two-wheeler sales rsing 11.9% on the month and four-wheeler sales up 9.2% |
 | Hero MotoCorp registers strong October sales growth after two tough yearsThe company sold 529,341 motorcycles in October 2022, a 26% increase over 419,568 motorcycles sold in October 2021. Scooter sales saw an even larger 30% growth |
 | Matter sub judice, says firm after Munjal bookedIt should be noted that the case registered by the Delhi Police is not related to the Enforcement Directorate’s ongoing money laundering probe against Munjal. |
 | TVS, Hero MotoCorp & Royal Enfield report growth in September salesFor the first six months of FY24, Hero’s total sales stood at 27.69 lakh units, a drop from 28.18 lakh units sold in the same period last financial year. |
 | Two-wheeler makers go premiumIn the last 2-3 years, two-wheeler prices have risen sharply, delaying the recovery of small engine-powered bikes. premium segment has not been impacted much by price rises, or slowdowns. |
 | Hero HD X440, Karizma XMR find traction among buyers - ReportBoth these launches address the key void in HMCL's premium product portfolio, the analysis said, referring to Hero's portfolio that is heavily tilted towards the commuter and mass markets segments. |
 | Hero eyes bigger share in premium segment, launches Karizma ZMRHero has plans to launch a new premium product every quarter for the next three to four quarters and give a facelift to its stores. |
 | I-T dept to probe Hero MotoCorp’s relationship with vendorThe probe by the DGGI is being monitored by other agencies, such as the ED and Ministry of Corporate Affairs (MCA), sources said. |
| Hero MotoCorp receives 25,597 bookings for Harley-Davidson X440Hero MotoCorp said it will start production of the Harley-Davidson X440 in September 2023 and commence customer deliveries from October onwards. |
 | ED raids Pawan Munjal’s residence, other locations associated with HeroThe raids were launched after the ED registered a case against them under the provisions of the Prevention of Money Laundering Act (PMLA). |
 | Royal Enfield to face competition from Harley x440Given Harley Davidsons' brand image and competitive pricing at which the product was launched, X 440 could be a strong contender in the premium segment. |
 | Hero MotoCorp commences Harley-Davidson X440 bookings; deliveries to begin in OctoberThe motorcycle is available in three variants — Denim, Vivid and S at an introductory price point of Rs 2.29 lakh, Rs 2.49 lakh and Rs 2.69 lakh (ex-showroom), respectively. |
 | Hero under MCA lens for alleged diversion of fundsCountry’s largest two-wheeler manufacturer Hero Motocorp is under the government’s lens with the Ministry of Corporate Affairs (MCA) initiating a probe against the company, as per reports. |
