Hero Xoom 125R, Xoom 160 to be launched soon

    Hero aims to improve its market share in the premium segments with new launches spanning different categories.

    Published On May 10, 2024 07:00:00 AM

    39,067 Views

    Hero Xoom 160, Xoom 125, India launch details
    Listen to this Article

    On the back of a series of new launches like the Xtreme 125R and the Mavrick 440, Hero MotoCorp aims to improve its market share in the premium and mid-size segments. The company will be launching the hotly anticipated Xoom 125R and Xoom 160 maxi-scooter in India toward the second half of the current financial year.

    1. Hero manufactures, handles distribution of the Harley-Davidson X440
    2. Production of Xtreme to be increased soon
    3. Xoom 160 is a liquid-cooled ADV-esque maxi-scooter

    Hero MotoCorp’s core strength has been in the entry-level, 100-110 cc segment and had been struggling in the premium market due to its limited offerings. However, the company shifted its focus toward 125cc and premium segments last year.

    The automaker had the highest number of product launches in FY24, more in the premium and 125cc segments including the Xtreme 125R, Xtreme 200S 4V, Xtreme 160R 4V, the co-developed Harley-Davidson X440, Karizma XMR and the Mavrick 440.

    Also See:

    Hero Mavrick 440 review: A delightful deal

    The management also noted that the company will strengthen its scooter portfolio with the launch of 125cc and 160cc variants of Xoom as well as a refreshed model of the Xoom 110 in the first half of the financial year.

    Hero MotoCorp’s CEO Niranjan Gupta believes that these new launches and expansion of new format stores – Premia and Hero 2.0 – will drive the volume growth and market share gains in premium and 125cc segments going forward.

    The company is also increasing the production capacity of the 440cc platform and Karizma to 10,000 units per month in another one to two months. The capacity of the Xtreme will also be ramped up to 1,000 per day by June-July.

    Also See:

    Harley X440 vs Triumph Speed 400 vs RE Classic 350 comparison: Battle Royale

    “There would be a couple of more (products) that will come in. In terms of broad spectrum, Hero MotoCorp will largely cover the big white spaces (in ICE two-wheeler) by the end of March 2025,” Gupta said.

    “Going forward, we will consistently grow volumes, thereby operating leverage, and aggressively grow our premium portfolio,” the company’s management said in a post-earnings investor call.

    Hero MotoCorp Bikes

    Copyright (c) Autocar Professional. All rights reserved.

    Comments

    ×
    img

    No comments yet. Be the first to comment.

    Ask Autocar Anything about Car and Bike Buying and Maintenance Advices
    Need an expert opinion on your car and bike related queries?
    Ask Now

    Search By Bike Price

    Poll of the month

    What do you think of the Jaguar rebrand?

    It's too radical and ignores the brand's legacy

     

    57.58%

    It's exactly what's needed to revive a dying brand

     

    10.42%

    It's fine as long as the products are good

     

    32.01%

    Total Votes : 528
    Sign up for our newsletter

    Get all the latest updates from the automobile universe