In spite of the fact that the Indian auto industry will be incurring a loss of approximately Rs 50,000 crore in turnover for the 21-day plant shutdown as a result of the countrywide lockdown due to the ongoing coron...
Indian bicycle major Hero Cycles Ltd has acquired a strategic stake in German premium e-bike manufacturer HNF Group. Hero Cycles has taken this stake together with German investment trust holding IBG Beteiligungsges...
On the occasion of India’s first Global Mobility Summit, organised by the government’s think tank, the NITI Aayog at New Delhi, Pankaj M Munjal, Chairman, Hero Motor Company made an impassioned plea to policy makers...
As has always been happening in the past, the Indian automotive industry has been left with no other choice, but to grin and bear it and pretend everything is hunky- dory. An additional 1 per cent tax will now be co...
He was the real Hero of the Indian auto industry. Dr. Brijmohan Lall Munjal, the Founder of the diversified Hero Group and a Padma Bhushan awardee, passed away on November 1, 2015. He was 92 years old. Dr. Munjal wa...
One of the doyen’s of the Indian auto industry, Dr. Brijmohan Lall Munjal, passed away in New Delhi on November 1, 2015 at 7.05 pm. He was 92 years old. Dr Munjal was the Founder of the diversified Hero Group. Dr. M...
Hero Cycles, world’s largest bicycle manufacturer by volume, has acquired Firefox Bikes, India’s largest premium bicycle brand, as part of its strategy to further cement its position in the fast-growing premium cycl...
Hero Motors group, which includes the flagship company Hero Cycles, the world’s largest bicycle manufacturer, appointed Pankaj Munjal as its Chairman and Managing Director. The decision was taken at a recent board m...
Hero Electric has launched Avior e-cycles in India bringing highly affordable eco-friendly mobility technology from Germany to the country for the first time. The male oriented Avior AMX will cost Rs. 19,290/- and t...
Mitteldeutsche Fahrradwerke AG (MIFA), a leading bicycle maker based in Germany has not only called off its business deal with India-based Hero Cycles (part of OP Munjal Group) but has also filed for insolvency afte...
OPM Global B.V., a subsidiary of Hero Cycles Ltd, the world’s largest cycle manufacturer by volume, has acquired a significant equity stake in Germany’s largest manufacturer of cycles Mitteldeutsche Fahrradwerke AG ...
Hero Cycles Ltd. has inaugurated its new all-aluminium cycle plant at its existing facility in Ghazi
Hero Cycles Ltd. has announced the setting up of a new assembly unit. The new unit has been incorpor
Hero MotoCorp sold 5.4 million two-wheelers in 2010-11 and aims to exceed sale of six million units this financial year. A factor such as rising input costs affects all players equally.
The automotive industry growth does not in any way affect the sales in the cycle industry. The two industries are not linked in any way when it comes to demand for the products. The two industries cater to two diffe...
A two-stage side airbag from ZF Lifetec uses the milliseconds before an unavoidable crash to build up valuable distance and better protect the occupants.
Vitesco Technologies, a leading international manufacturer of advanced drive technologies and electrification solutions, presented the new Rotor Lock Actuator at the SIA Powertrain in Lille (France) f...
Apollo Tyres Ltd, has expanded Vredestein’s range for premium and luxury SUVs. Vredestein Pinza HT (highway terrain), a global product, has been introduced for the premium SUVs in India in 16 – 18 inc...