Hero MotoCorp commences retail operations in Mexico

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Hero MotoCorp has aggressive plans in Mexico and intends to make use of the nation as a base for enlargement in Latin America market.


Hero MotoCorp announces retail sale in Mexico with a range of motorcycles and scooters

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Hero MotoCorp broadcasts retail sale in Mexico with a variety of bikes and scooters

As a part of its aggressive enlargement plans within the world market, Hero MotoCorp has introduced retail gross sales in the important thing world market of Mexico, providing a variety of merchandise to prospects via an in depth distribution community. Hero MotoCorp plans to develop quickly in Mexico over the following three years, and has launched a large portfolio of its two-wheeler merchandise within the nation. These embody the XPulse 200, XPulse 200T, Hunk 190, Hunk 160R, Hunk 150, Eco 150 TR, Eco 150 Cargo, Ignitor 125, in addition to the Dash 125 scooter.

Read additionally: Hero MotoCorp offered over 4.6 lakh models within the first quarter of FY 2022

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Hero MotoCorp might be providing all kinds of bikes in Mexico from 125 cc to 200 cc together with a single 125 cc scooter.

Sanjay Bhan, Head of Global Business, Hero MotoCorp, mentioned, “This is a big growth in our worldwide enterprise development story. Mexico might be an essential marketplace for us sooner or later and it is step one on this route. Introduced right here, they have to be excited and glad for a big phase of shoppers.”

Read additionally: Hero MotoCorp appoints Grupo Salinas as distribution associate in Mexico

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Hero MotoCorp will supply 150 cc, 160 cc and even 190 cc bikes on the market in Mexico together with the Hero Xpulse mannequin

According to an announcement issued by Hero MotoCorp, the product portfolio might be accessible throughout the nation via the retail arm of distributors, businesses and sellers, and can have engaging financing choices. There will even be a large community of service facilities unfold throughout the nation. The merchandise might be accessible with a guaranty of three years or 30,000 kms.

Read additionally: Hero MotoCorp’s web revenue up 39 % within the fourth quarter of 2021

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Hero MotoCorp has formidable enlargement plans within the Latin America market, and Mexico might be one of many key markets that may play a key position in Hero MotoCorp’s plans for South America. Earlier this yr, in January 2021, Hero MotoCorp entered right into a distribution settlement with Grupo Salinas in Mexico. Hero MotoCorp has a presence in 10 Latin American international locations together with operations in Africa and the Middle East. Hero MotoCorp is the world’s largest two-wheeler producer by quantity.

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With inputs from NDTV

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