Hero MotoCorp Expands Global Presence with Entry into Spain via Noria Motos Partnership

Hero MotoCorp has announced its entry into the Spanish market through a partnership with Noria Motos, a subsidiary of the ONEX Group. This move marks another step in the company’s global expansion journey as it strengthens its footprint across Europe, following its recent debut in Italy.

Strengthening Global Footprint

With this entry, Hero MotoCorp now operates in its 50th international market. The collaboration with Noria Motos will support the brand’s strategy to expand its reach in key European markets. The company aims to offer its motorcycles to a wide audience through a network of around 30 official sales and service outlets across Spain, which is expected to grow to more than 50 by 2026 and achieve full deployment by 2028.

The introduction of Euro 5+ compliant models underlines the company’s focus on meeting international quality and environmental standards. This move also reflects its long-term vision to establish a strong presence in Europe’s evolving two-wheeler landscape.

New Line-Up for the Spanish Market

The company’s debut in Spain is accompanied by the launch of three flagship models — Xpulse 200 4V, Xpulse 200 4V Pro, and Hunk 440. These models are designed to appeal to both urban riders and adventure enthusiasts.

The Hunk 440, priced at 3,488 euros (including VAT), is equipped with a 27 BHP engine, dual-channel ABS, a TFT digital display, and KYB suspension, offering a blend of performance and comfort for daily commuting and touring.

The Xpulse 200 4V and Xpulse 200 4V Pro, priced at 2,592 euros and 2,792 euros respectively, combine off-road capabilities with urban functionality. Both models feature three ABS modes, long-travel suspension, and Bluetooth-enabled navigation, catering to riders seeking versatility and reliability.

Market Response and Share Price Movement

Hero MotoCorp’s latest expansion comes at a time when its stock has shown notable activity. On Wednesday, October 15, Hero MotoCorp share price closed at ₹5,535.00 on the NSE, down by 0.66%. The day’s trading range stood between ₹5,447.00 and ₹5,609.00, with an opening price of ₹5,580.00 and a previous close at ₹5,571.50. 

The company recorded a trading volume of 4,84,651 shares during the session. Over the past 52 weeks, Hero MotoCorp share price has fluctuated between ₹3,344.00 and ₹5,659.00. The company currently holds a market capitalisation of ₹1,11,427 crore, showcasing its consistent position in the Indian two-wheeler industry.

Read More:Hero MotoCorp Enters Italian Market via Pelpi International

Conclusion

Hero MotoCorp’s partnership with Noria Motos signifies a steady move towards establishing a wider global presence. The launch of new models tailored for Spanish consumers highlights its commitment to adapting products to regional preferences while advancing its international growth journey.

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