Harley-Davidson, popular for powerful motorcycles, has offered discounts of up to Rs 5.25 lakh on select motorcycles in India. This discount will be available on the company’s Pan America 1250 Special, Sportster S and Nightster bikes. There is a discount of Rs 3.25 lakh on Pan America 1250 motorcycle. Its price will reduce to Rs 21.24 lakh (ex-showroom). Its actual price is Rs 24.49 lakh. This motorcycle has a 1,252 cc twin-cylinder, liquid cooled engine. It produces 150.9 bhp at 8,750 rpm and peak torque of 128 Nm at 6,750 rpm. It has a six speed gearbox. A discount of Rs 3.25 lakh is also being given on Harley Davidson’s Sportster S. Its price will reduce from Rs 18.79 lakh to Rs 15.54 lakh. It has the same engine as Pan America 1250. It generates 121 bhp and peak torque of 125 Nm. The maximum discount of Rs 5.25 lakh is being given on Harley Davidson’s Nightster motorcycle. Its price will reduce to Rs 12.24 lakh. Its actual price is Rs 17.63 lakh. It has a 975 cc twin-cylinder engine. It produces 89 bhp and 95 Nm torque with six-speed gearbox. This discount is on motorcycles imported by the company. Recently, Harley Davidson, in collaboration with Hero MotoCorp, one of the big two-wheeler companies, launched the low-priced Harley X440 motorcycle. Hero MotoCorp has started deliveries of Harley-Davidson X440 to customers. 1,000 units of this motorcycle have been sold at 100 dealerships of the company. It is being manufactured at Hero MotoCorp’s factory in Neemrana, Rajasthan. The company has also started new booking for this. The X440 is being sold in three variants – Denim, Vivid and S. Their prices range between Rs 2,39,500 to Rs 2,79,500 (ex-showroom). This is the most affordable motorcycle of Harley Davidson. More than 25,000 bookings have been received for this. To meet its increasing demand, Hero MotoCorp will increase its manufacturing. The company’s Chief Executive Officer, Niranjan Gupta had said, “Our effort will be to complete all the deliveries in the next few months. For this, the capacity of the supply chain is being increased.”
Tag: hero motocorp
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Hero MotoCorp sold 1,000 units of Harley-Davidson X440, started new booking
Hero MotoCorp, one of the big two-wheeler companies, has started delivery of Harley-Davidson X440 to customers. 1,000 units of this powerful motorcycle have been sold at 100 dealerships of the company. It is being manufactured at Hero MotoCorp’s factory in Neemrana, Rajasthan. The company has also started new booking for this. The X440 is being sold in three variants – Denim, Vivid and S. Their prices range between Rs 2,39,500 to Rs 2,79,500 (ex-showroom). This is the most affordable motorcycle of Harley Davidson. The company has received more than 25,000 bookings for this. To meet its increasing demand, Hero MotoCorp will increase its manufacturing. Niranjan Gupta, Chief Executive Officer of the company, said, “Our effort will be to complete all the deliveries in the next few months. For this, the capacity of the supply chain is being increased.” This motorcycle has been specially designed according to the conditions of the country. In this, many styling elements have been taken from the previous models of the company. The X440 has round headlamps, LED lighting and LCD instrument controls. It has a recently developed 398 cc single cylinder and air-cooled motor, which generates 27 bhp power and 38 Nm peak torque. Along with this, there are six speed gearbox, inverted front forks and twin shock absorbers at the rear. Braking has been improved in this. This is the first motorcycle developed in partnership between the two companies. Under this partnership, Hero MotoCorp will manufacture and market Harley Davidson motorcycles in the country. Hero MotoCorp plans to increase its presence in the powerful motorcycles segment. The company wants to strengthen its position in the category above 160 cc. It is also focusing on launching new products every quarter. Hero MotoCorp’s sales in September declined by 14.41 percent to 3,91,310 units. In the same month last year, the company had sold 4,21,288 units. The company had said that the main reason behind the decline in sales was heavy rains last month. The company gets a major share of its sales from rural areas. -
Hero MotoCorp gets a shock, fraud case registered against the company
A case of forgery and criminal conspiracy has been registered against Hero MotoCorp, one of the largest two-wheeler companies. In this case filed by Delhi Police, the company has been accused of taking tax credit of about Rs 56 lakh by making fake bills of more than Rs 5.9 crore. According to a media report, the complaint has been filed by Brains Logistics Pvt Ltd and it has named Hero MotoCorp along with its main employer Pawan Munjal and executives Vikram Sitaram Kasbekar and Hari Prakash Gupta and an auditor. In response to this, Hero MotoCorp is issuing a statement saying that this is an old matter and the names of any executives are not involved in it. The complaint alleges that the company, in connivance with Munjal and Kasbekar, had raised fake bills of over Rs 5.9 crore for 2009 and 2010 and created fake debit balances in its accounts for Brains Logistics Pvt Ltd. It also alleges that Hero MotoCorp had taken fake CENVAT (service tax) credit of more than Rs 55 lakh. In this case, Hero MotoCorp has been accused of cheating the Income Tax Department and Brains Logistics Pvt Ltd. It said the company had never issued or deposited the fake bills. Recently Hero MotoCorp launched Karizma XMR. The company has re-introduced this popular motorcycle with a new design. The new Karizma has a 210 cc engine. Its price is Rs 1,82,900 (ex-showroom). It has a 210cc 4V liquid cooled engine which generates 25.5Ps of power and 20.4Nm of torque. This motorcycle has been made available in Iconic Yellow, Matte Red and Phantom Black colors. It has features like LCD digital instrument cluster with Bluetooth connectivity, turn by turn navigation, adjustable windshield, slip and assist. This motorcycle has disc brakes at the front and drum brakes at the rear. It has sharp and sleek LED headlamps with LED daytime running lights.