Hero MotoCorp partners Gilera Motors for Argentina market

Gilera Motors will be the exclusive distributor for sale and service of Hero motorcycles and scooters in the country. Gilera will also make new investments to drive the business growth. Key points to note – Founded in 1953, Gilera is one of the oldest motorcycle manufacturers in Latin America. Gilera Argentina with more than 200 … Read more

Hero Motors aims to treble exports, int’l revenue to Rs 3,000 cr by FY24

HMC (Hero Motors Company) Group is aiming to treble its exports and international revenue to Rs 3,000 crore by FY24, driven by high growth in the European and American markets. The group is set to cross Rs 1,000 crore in exports and international revenue this financial year, backed by strong global demand for bicycles, e-bikes … Read more

Honda Motorcycle, India’s second-biggest two-wheeler maker, announces VRS

Honda Motorcycle and Scooters India (HMSI) introduced a voluntary retirement scheme on Tuesday as it seeks to “realign its production strategy” and improve overall efficiency in these “uncertain times,” the company said in an internal circular to its employees. Employees above the age of 40 or who have completed 10 years in the company are … Read more