According to a statement released on September 29, Hero Motocorp, the nation’s top two-wheeler manufacturer, would increase the pricing of its motorbikes and scooters by 1% starting on October 3.
The price increase is part of “our regular review” of product competitiveness and positioning, which takes into account inflation, margins, and market share, according to the corporation headquartered in New Delhi.
“On October 3, 2023, Hero MotoCorp will make a minor adjustment to the ex-showroom prices of select motorcycles and scooters.” The price increase will be roughly 1%, with the actual amount varying depending on the model and market,” it stated.
Hero Motocorp has announced a price increase for the second time in the previous three months. On July 3, the business hiked the prices of several motorbike and scooter models by 1.5 percent.
The two-wheeler manufacturer sold 4.89 lakh units in August, up from 4.63 lakh units sold in the same month the previous year.
In the Indian market, the company sold 4,72,974 units in August 2023, up from 450,740 in the previous year. international exports were 15,770 units, a considerable increase above the 11,868 units sold in the international market in August 2022.
Hero Motocorp declared a net profit of 825 crore in the fiscal quarter ended June 2023, up 32 percent from 625 crore in the previous year. Revenue was up 4.5 percent year on year to ₹8,767 crore.
The company’s stock rose 2.85 percent from the previous day’s closing to conclude the trading session on September 29 to close at 3,056.95 on the BSE.
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All MotoGP riders have experienced the Buddh International Circuit for the first time after the free practice sessions are over. Here are their comments on the newest track on the MotoGP circuit.
Riders experienced the Buddh International Circuit for the first time on the first day of free practice and timed practice for the first MotoGP round ever held in India. The Buddh International Circuit previously hosted Formula 1 races in 2011, 2012, and 2013. The fastest lap time was recorded by Luca Marini of the Mooney VR46 Racing Team at 1:44:783, with Marco Bezzecchi of the same team and Jorge Martin of the Prima Pramac Racing reaching a peak speed of 348.7 kmph.
Following the free practice sessions, the riders had the following to say about the Buddh International Circuit. A few of them also expressed worries about run-off areas, particularly turn 4 immediately following the BIC back straight. With their twin apexes, turns 8 and 9 are enjoyable, but the approach and departure remain challenging.
Francesco Bagnaia – Ducati Lenovo
“They did a really good job in terms of washing the track. And yeah, it’s very technical. Some parts of the track are very difficult, like corner one, because you have just one line and you can brake just at a point because if you brake one meter after, you are wide and you go outside. So, it’s quite intense to be very precise on that and also corner 12, I think I did twice the correct line today. I was always wide, it was very difficult” ” the reigning world champion said.
Marc Marquez – Repsol Honda
“I think it’s fantastic. I think they did a very good job last two months. It’s true that we can improve a few things for next year, but they did a very good job. Our riders were very thankful that this GP can be in a normal way, and adjusting alright,” Marc Marquez, an eight-time world champion, stated.
“Grid positions will be very important because here it will be very difficult to overtake, because when you don’t go on a racing line, it’s so easy to make a mistake, in turn 1, and turn 4. The layout of the track is nice, and the grip is better than what we expected. It’s true that it’s not like Misano. So yeah, the grip of the track is good and the layout also is nice,” Marquez added.
Turn 1 remains challenging, and most riders appear to agree that it will be important on race day. Three accidents happened in turn 1 on Friday, and LCR Honda rider Nakagami was also involved in a high-speed crash after losing the front end while applying strong brakes.
“This corner is so easy to make a mistake, especially on the braking point. You try to brake 2-3 meters later, which is not easy at 300 kmph, and then you meet the turn, so yeah, you need to be very precise. So, maybe the next lap you brake earlier, then you miss the speed. It’s so critical that T1 is the most difficult one to be consistent,” Marquez stated.
“It’s so visually deceiving. You can’t see where you’re going so you feel like you’re just accelerating towards the wall at the end. It’s a weird optical illusion, and it goes against every fiber in your body to keep accelerating.”
Brad Binder – KTM Red Bull
“For me, Turn 1 is probably one of the most critical corners that I’ve ridden on so far. if you miss your braking point by nothing, you’re buggered. Like, it’s hectic. So I hope everyone gets through clean, and from there we can fight.”
Miguel Oliviera – RNF MotoGP
“Turn 1 is a little bit difficult to do! It’s a 90º corner with a very narrow exit, and 90º corners only have one line anyway. But with the left afterward, the track continues a little more to the right before you turn right, and it’s slightly downhill then uphill. It’s a nightmare to do! Every time you go into a new lap, if you’re a little bit too late looking at the dashboard or switching a button or whatever, you’re gone – you don’t make the corner.”
This is the first MotoGP round to be held at the Buddh International Circuit, and so far it has been exciting and sets the mood well for qualifying on Saturday and race day. There are 5 left and 9 right turns on the 4.96 km-long circuit. The track is 12 meters wide overall, with the longest straight being 1,006 meters.
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India is a country where vehicle theft is a major problem. There have been several reports of vehicle thefts from different parts of the country, and in most cases, the stolen vehicles are difficult to track down. Thieves usually dismantle the vehicle completely and sell the parts individually on the market. However, an interesting incident occurred in Kerala. The owner recovered the stolen bike after the thief drove the bike to his pump and refuelled it. The episode was recorded on his CCTV set up at a gas station.
YouTube channel Kannada Info Light shared a video report that is not original content. The original video report was from a Malayalam news channel. According to original reports, Praveen, a Panchayat member of Kadarndi village in Kojikord district, had his motorbike stolen last Saturday from Kojikord town. The next day, Praveen reported the theft to a nearby police station, but the officers demanded the original documents from the stolen motorcycle.
Praveen and his friends then drove to his home in Kadalundi to retrieve the original documents. On the way home, Praveen’s friend drives the car to the gas pump. As they rode into the station, a motorcycle passed them from the left and pulled into the front row of their car. Praveen said the bike was actually his stolen motorcycle, and that he was riding with a fellow passenger. He said it was stolen along with his helmet. He immediately alerted his friends and they took action to catch the thief.
Bike thief on the stolen bike at the petrol pump
The video shown here was captured by a CCTV camera installed on the pump. While Praveen’s friend was hunting down the thief, he took out his mobile phone and clicked on a picture of the thief. The thief realized he was in trouble and he fled the scene. However, Praveen and his friends manage to catch the passenger who was with the thief and hand him over to the police. The whole incident resembled a movie scene where a stolen car reappears in front of its owner. The whole event was recorded by a CCTV camera installed at the pump. The culprit escaped without taking off his helmet, so it was difficult to identify the culprit from the video. However, he was seen removing his helmet when he ran out of gas pumps.
Motorcycles are easy targets for thieves. Especially since most bikes only have handlebar locks and don’t have the latest security features. The motorcycle stolen in this video appears to be Hero’s Splendor, not equipped with tracking devices or intruder alarms. To make your motorcycle more secure, consider installing aftermarket wheel or handlebar locks, immobilizers, or trackers. If you park your motorcycle in front of your house at night, park it in a well-lit area where people can easily see it. Also, if you don’t have the above equipment, use heavy chains to secure your bike. Thieves usually don’t spend much time trying to steal a vehicle, and if they take too long, they are more likely to get caught, so they often abandon the attempt.
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