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Hero MotoCorp appoints new distributors in Nicaragua, Honduras

PTI | New Delhi | Updated: 12-01-2021 18:58 IST | Created: 12-01-2021 18:58 IST
The country's largest two-wheeler maker Hero MotoCorp on Tuesday said it has reinforced its presence in Central America by appointing new distributor partners in Nicaragua and Honduras, with aggressive expansion plans for both countries.
The company has lined up a slew of new launches, including its range of premium motorcycles, in both countries and will also expand its network with extensive customer touch-points and flagship stores in key markets, Hero MotoCorp said in a statement.
The two-wheeler major has appointed Grupo Casa Pellas – one of the biggest economic groups and the leading motorcycles, cars and trucks company in Nicaragua with 107 years of experience – as its exclusive distributor.

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Hero MotoCorp Appoints New Distributing Partners in Nicaragua and Honduras

Hero MotoCorp Appoints New Distributing Partners in Nicaragua and Honduras
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Hero MotoCorp Ltd. has reinforced its presence in Central America by appointing new distributor partners in Nicaragua and Honduras, with aggressive expansion plans for both countries.
Hero MotoCorp has lined up a slew of new launches, including its range of premium motorcycles, in both countries and will also expand its network with extensive customer touch-points and flagship stores in key markets.
Grupo Casa Pellas – one of biggest economic groups and the leading motorcycles, cars and trucks company in Nicaragua with 107 years of experience – has been appointed as the exclusive distributor of Hero MotoCorp in the country.

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Hero MotoCorp expands presence in Central America, appoints new distributors in Nicaragua and Honduras

Hero MotoCorp expands presence in Central America, appoints new distributors in Nicaragua and Honduras
Aditya Chatterjee
Published: January 14, 2021, 09:25 PM IST
Hero MotoCorp, world's largest two-wheeler manufacturer, has reinforced its presence in Central America with the appointment of new distributors in two new countries, Nicaragua and Honduras. The company has lined up a slew of new launches, including its range of premium motorcycles, in both countries and will also expand its network with extensive customer touch-points and flagship stores in key markets.
Commenting on the development, Sanjay Bhan, Head, Global Business, Hero MotoCorp said "Honduras and Nicaragua are key markets for us in Central America and our expansion plans clearly showcase this. We are also very happy to have partners such as Grupo Casa Pellas and Movesa S.A. who will enable us to expand our footprint in both the countries. Through our new products and extensive customer touch-points, we aim to reach out to the youth in these countries who are looking for premium and stylish two-wheelers."

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Hero MotoCorp appoints new distributor partners

The motorcycles & scooters manufacturer, reinforced its presence in Central America by appointing new distributor partners in Nicaragua and Honduras, with expansion plans for both the countries.
Hero MotoCorp has lined up a slew of new launches, including its range of premium motorcycles, in both countries and will also expand its network with extensive customer touch-points and flagship stores in key markets. Grupo Casa Pellas - one of biggest economic groups and the leading motorcycles, cars and trucks company in Nicaragua has been appointed as the exclusive distributor of Hero MotoCorp in the country.
The company has appointed Movesa S.A., as its exclusive distributor in Honduras. Movesa S.A. has 14 years of experience in the motorcycle market and is based out of Honduras. Hero MotoCorp's refreshed product portfolio in Honduras will include two new products - the XPulse 200 and the new Hunk 160R (Xtreme 160R in India).

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Hero MotoCorp Appoints New Distribution Partners In Honduras And Nicaragua

Hero MotoCorp Appoints New Distribution Partners In Honduras And Nicaragua
Hero MotoCorp Appoints New Distribution Partners In Honduras And Nicaragua
Hero MotoCorp, the world's largest two-wheeler company by volumes, has announced its expansion in Central America. The company has appointed new distribution partners in Honduras and Nicaragua.
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Highlights
Hero appoints Movesa S.A. as its distributor in Honduras
Hero has aggressive expansion plans for South America
Hero MotoCorp announced its expansion in Central America by appointing two new distribution partners in the countries of Honduras and Nicaragua. The company says it has aggressive expansion plan for both countries. Hero has a slew of new launches for both countries which also include the company's range of premium motorcycles. Hero will also include extensive customer touch-points and flagship stories in important markets as well. Hero has appointed Grupo Pellas as its distributor in Nicaragua. The Grupo Pellas is a big economic group and is the leading motorcycle, car and truck company with over 107 years of experience. Hero MotoCorp appointed Movesa S.A. as its exclusive distributor in Honduras. Movesa S.A. is one of the most important companies in Honduras with 14 years of experience in the motorcycle market.

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Hero MotoCorp Ltd further strengthens its presence in Central America

Hero MotoCorp Ltd further strengthens its presence in Central America
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Hero MotoCorp strengthens presence in Central America

Appoints new distributor partners in Nicaragua and HondurasHero MotoCorp has reinforced its presence in Central America by appointing new distributor partners in Nicaragua and Honduras, with aggressive expansion plans for both countries.
Hero MotoCorp has lined up a slew of new launches, including its range of premium motorcycles, in both countries and will also expand its network with extensive customer touch-points and flagship stores in key markets.
Grupo Casa Pellas - one of biggest economic groups and the leading motorcycles, cars and
trucks company in Nicaragua with 107 years of experience - has been appointed as the
exclusive distributor of Hero MotoCorp in the country.

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Hero MotoCorp reshuffles distribution in Nicaragua, Honduras

Hero MotoCorp reshuffles distribution in Nicaragua, Honduras
A Hero outlet in neighboring Guatemala
Hero MotoCorp, the world’s largest two-wheeler manufacturer, announced new expansion plans for the Central American markets of Nicaragua and Honduras after appointing new distributors there.
It said it has ‘aggressive expansion plans’ for the two countries, and plans to launch its range of premium motorcycles in both countries and expand its network in these markets.
Hero said it will create new retailing points in the two countries and also set up flagship stores in key cities. The company already had some presence in these markets.
Rival Bajaj Auto is already a strong player in the Latin American market, and gets around half its sales via exports. Hero MotoCorp has traditionally got a higher share of its sales from the domestic market.

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Hero Motocorp Fortifies Its Presence In South America

Hero Motocorp has appointed Movesa S.A as its sole distributor for Honduras and Grupo Casa Pellas in Nicaragua to strengthen its leadership in the South american market.

Honduras , United-states , India , Nicaragua , America , Grupo-casa-pellas , Hero-motocorp , Central-america , Casa-pellas , Sanjay-bhan , Global-business