Yesterday, Hero MotoCorp said that it has expanded its network for Harley-Davidson bikes and opened bookings for the next batch of adventure tourer bike Pan America 1250 after the first batch was completely sold out.
Pan America 1250, is launched at a starting price of Rs.17 lakh and Pan America 1250 SPECIAL at Rs.20 lakh.
The new Harley-Davidson, Sportster S will be the next model to be launched in India towards the end of the year. Bookings for all the 13 existing models and the Sportster S are currently open. HeroMotoCorp has taken over the exclusive distribution rights of the Harley-Davidson motorcycles, parts and merchandise in India after the iconic American motorcycle maker pulled out of the Indian market. Hero now has an expanded network of 14 full-fledged dealerships and seven authorized service centers across the country, exclusively for Harley-Davidson customers.
This good news on the bourses was greeted with an over 1% rise in the price at Rs.2830, up from the close of Rs.2801. Profit booking at this level has pushed the stock back to Rs.2805 levels currently.