The ED is said to have acted after receiving inputs from the Department of Revenue Intelligence (DRI).

The Enforcement Directorate (ED) has conducted raids at the residence of Hero MotoCorp chairman Pawan Munjal as part of a money laundering investigation.

According to media reports, raids were carried out at Munjal's premises in Delhi and Gurugram. A case has been registered against him under the Prevention of Money Laundering Act (PMLA). The company is yet to issue an official statement regarding the recent developments.

The ED is said to have acted after receiving inputs from the Department of Revenue Intelligence. Earlier, the DRI had caught a close aide of Munjal with a large amount of undeclared foreign currency. In March 2022, the Income Tax department had also conducted searches at Hero MotoCorp offices over alleged tax evasion.

Hero MotoCorp is India's largest 2-wheeler manufacturer with a global presence. The company exports its products to more than 40 countries in Asia, Africa, and South and Central America.

Source: HT

Exclusive images of the 2023 Glamour BS6.2 confirm that production is already underway

Hero MotoCorp is gearing up to relaunch the Glamour in BS6 Phase 2 avatar. We have received exclusive images of the bike, confirming that production is already underway.

Besides minor changes like new painted panels and decals, the Hero Glamour BS6.2 retains the old design. The bike gets a stylish headlamp cowl, fuel tank extensions, a single-piece seat and a digital instrument console.

The 2023 Glamour is expected to be powered by a 124.7cc, single-cylinder, air-cooled engine paired with a 5-speed gearbox. The BS6 version put out 10.73 BHP @ 7,500 rpm and 10.6 Nm @ 6,000 rpm. The updated bike will be OBD2 compliant as required by regulation.

The Glamour also retains the same suspension setup as before. It includes a telescopic fork at the front and 5-step adjustable shock absorbers at the rear. The braking setup consists of a front disc brake and a conventional drum brake at the rear.

Thanks to the Team-BHP fan (he prefers to remain anonymous) who sent these images in. Heartfelt gratitude for sharing them with other enthusiasts via this Team-BHP share page!

The Passion Pro was sold alongside the Passion Plus and Passion Xtec, both of which are still on sale.

Hero MotoCorp has removed the Passion Pro from its official website, which indicates that the bike has been discontinued.

The Passion Pro was available in two variants: drum and disc, with prices starting from Rs. 85,000 (ex-showroom). The bike was powered by a 113.2cc, single-cylinder engine that produced 9.02 BHP and 9.89 Nm.

The Passion Pro was sold alongside the Passion Plus and Passion Xtec, both of which are still on sale. The Xtec is a more premium version of the Pro that comes with an LED headlamp, a digital instrument console with Bluetooth connectivity and a USB charging port.

The Passion Plus, on the other hand, is an entry-level commuter bike. It is powered by a 97.2cc, single-cylinder engine that makes 7.91 BHP and 8.05 Nm.

The 4-valve engine develops 6% more power and generates 5% more torque than the 2-valve unit.

Last week, Hero MotoCorp launched the Xtreme 200S 4V in India. Until recently, it was being sold alongside the Xtreme 200S 2V. Now, the bikemaker has removed the 2-valve version from its official website.

The updated 4-valve engine in the Xtreme 200S 4V has several advantages over the 2-valve version. The engine develops 6% more power and generates 5% more torque. It is also said to be more fuel efficient than the 2-valve unit.

Hero MotoCorp is also gearing up to launch the new Karizma XMR 210. The bike is likely to go on sale on August 29 and could be positioned above the Xtreme 200S 4V.

The upcoming Karizma is said to be based on a new platform and will be powered by a 210cc, liquid-cooled engine paired with a 6-speed gearbox.

Zero Motorcycles offers a wide range of electric bikes priced in the range of US$ 13,000 to US$ 24,000.

Earlier this year, Hero MotoCorp joined hands with California-based Zero Motorcycles to develop electric 2-wheelers. The company has now confirmed that it would manufacture and sell Zero's electric motorcycles in India.

"We will be bringing the Zero portfolio into India, increasing access for the Indian consumer to the best of international clean mobility options. California-headquartered Zero will be manufacturing its products in India too," an official statement said.

Hero MotoCorp is investing US$ 60 million in Zero Motorcycles, which plans to leverage the scale of manufacturing, sourcing and marketing of the Indian 2-wheeler giant. The brand has a presence in North America, the UK and Europe, with products priced in the range of US$ 13,000 to US$ 24,000. It currently offers a wide variety of electric bikes, including the Zero S and SR street bikes, FXS supermoto, DS and DSR dual-sport bikes, SR/F, and a motocross bike called the FX.

Last year, Hero rolled out its first electric scooter, the Vida V1. It competes with the TVS iQube and Bajaj Chetak but is yet to gain a significant market share. Hero MotoCorp has also invested heavily in Ather Energy. It holds a 35% stake in the Bangalore-based startup.

Source: Financial Express

The Karizma XMR 210 is expected to compete with the Bajaj Pulsar F250 in the Indian market.

Hero MotoCorp has released a teaser indicating that the new Karizma XMR 210 could be launched on August 29, 2023.

The Karizma XMR was first spotted at a dealer conference. Since then, prototypes have been seen testing out on the streets. The bike features a sporty fairing, a two-piece seat with split grab rails and a narrow tail section. It gets clip-on handlebars, a digital instrument console and rides on stylish alloy wheels. 

According to reports, the Karizma XMR will be based on a new platform powered by a 210cc liquid-cooled engine paired with a 6-speed gearbox. While detailed specs haven't been released, we can expect it to develop around 25 BHP.

The XMR is likely to feature telescopic suspension at the front and a mono-shock at the rear, while the braking setup will comprise of discs at both ends.

The Karizma XMR is reportedly based on a new platform and is likely to be powered by a 210cc.

Hero MotoCorp is gearing up to take on the Bajaj Pulsar F250 with a sporty new model called the Karizma XMR. We got our first glimpse of the bike earlier this year when it was presented at a dealer conference. Now, its design patent has leaked online.

The design patent reveals a lot of intricate details about the Karizma XMR. The bike features a sporty fairing, a two-piece seat with split grab rails and a narrow tails section.

The Karizma XMR is likely to feature clip-on handlebars and a digital instrument console. It will ride on stylish alloy wheels and will feature telescopic front suspension and a mono-shock at the rear.

According to reports, the Karizma XMR will be based on a new platform powered by a 210cc liquid-cooled engine paired with a 6-speed gearbox. While detailed specs haven't been released, we can expect it to develop around 25 BHP.

The Xtreme 200S 4V is slightly expensive than the 2-valve variant

Hero MotoCorp has launched the Xtreme 200S 4V in the Indian market. The bike is priced at Rs 1.41 lakh (ex-showroom).

The Xtreme 200S 4V looks similar to the 2-valve variant. It has a dual-tone fairing with a wraparound headlamp up front, clip-on handlebars and a digital instrument console offering Bluetooth connectivity.

The Xtreme 200S 4V is powered by a 200cc, single-cylinder engine which now features a 4-valve head. It develops 18.8 BHP @ 8,000 rpm and 17.35 Nm @ 6,500 rpm and is paired with a 5-speed gearbox.

The bike is equipped with a conventional telescopic fork and a 7-step adjustable mono-shock at the rear. It rides on 17-inch alloy wheels and features disc brakes at both ends.

The 2023 Xtreme 200S 4V is available in three colours: Moon Yellow, Panther Black Metallic, and Stealth Edition.

Hero's X440-based motorcycle could get more aggressive styling and a different exhaust note.

Harley-Davidson has recently launched the X440 in India. It is the brand's most affordable model, developed in collaboration with Hero MotoCorp, which is also said to be working on a new bike based on the same platform.

According to media reports, Hero's product will be loosely based on the X440's platform. While it will use the same chassis, the engine could be offered in a different state of tune. It is also said that Hero will tweak the styling and exhaust note to appeal to younger buyers.

The X440 is powered by a 440cc, single-cylinder, oil-cooled engine that produces 27 BHP @ 6,000 rpm and 38 Nm @ 4,000 rpm. The bike is equipped with an upside-down KYB front fork and dual shock absorbers at the rear, while braking is handled by a 320 mm rotor up front and a 240 mm disc at the rear.

Hero's X440-based bike could also get similar features as the Harley. These include a 3.5-inch digital instrument console, Bluetooth connectivity with turn-by-turn navigation, music and phone control with missed call and message alerts. 

Reports suggest that the Harley-Davidson X440-based motorcycle is likely to be launched in India by March 2024.

Source: Autocar India

The Hero Xoom 125 could be powered by a 125cc single-cylinder engine.

Hero MotoCorp seems to be working on a new scooter for the Indian market. Reports suggest that this test mule, spotted recently in Jaipur could be the upcoming Xoom 125.

Despite the heavy camouflage, the prototype looks quite sporty. It has a sharp-looking front apron with what appears to be a V-shaped headlamp and a single-piece seat with a split grab rail.

If this is indeed the upcoming Xoom 125, it could be powered by a 125cc, single-cylinder engine, details of which, are still unclear. The scooter will use a continuously variable transmission. The suspension setup comprises a telescopic fork at the front and a single shock absorber at the rear.

In terms of features, the Xoom 125 is likely to get a digital instrument console with Bluetooth connectivity, a USB charger, under seat storage with a few cubby holes on the front apron.

Source: Rushlane