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Hero Honda is now Hero MotoCorp Ltd
Earlier today, world’s largest 2 wheeler manufacturer, Hero Honda announced that they have officially changed their name to Hero MotoCorp. Munjal family owned Hero Group and Japanese manufacturers, Honda Motors ended their partnership after being in the Indian two wheeler industry for the last 26 years.
In a statement, released by Hero Honda (now Hero MotoCorp Ltd.), stated that, “Hero Honda Motors...
Hero Honda to hire more engineers to increase R&D
Hero Honda Motors, world’s largest 2 wheeler manufacturer is preparing for life after Honda Motors. According to their agreement, Honda will provide technology to Hero Honda until 2014. After that Hero Honda will no longer get Honda’s technology and instead will have to use their own. Hero Honda will also have to change their name to Hero Motor Corp.
Mr Anil Dua, Sales and Marketing, Senior VP,...
Motorcycle sales India: June 2011
Another calendar month is over and sales report from various car and bike manufacturers in India are uploaded all over the internet. Indian auto industry growth in recent years has stunned major car manufacturers around the globe.
Even though car manufacturers suffered a slump in sales in June 2011, the 2 wheeler industry is still going strong. In June 2011, a total of 880,000 units of motorcycles...
Hero Honda, Bajaj and TVS to setup units in Africa, to compete with Chinese manufacturers
India’s leading 2 wheeler manufacturers, Hero Honda, Bajaj Auto and TVS have decided to enter African land. These manufacturers already export their products to the African continent, but now they plan to go a step further by setting up their own manufacturing units in Africa.
Currently the 2 wheeler industry in Africa is ruled by Chinese motorcycle manufacturers. More than 2.5 million motorbikes...
Hero Honda officially becomes Hero MotoCorp
World’s largest motorcycle manufacturer, Hero Honda Motors Ltd. will now be known by a new name, Hero MotoCorp, thanks to a split in the JV. Earlier on Friday, share holders of Hero Honda Motors Ltd. finally gave a nod to the new name, reports ET.
A JV that was formed 27 years ago between Indian 2 wheeler manufacturer Hero Motors and Honda Motors of Japan, finally came to an end. Owned by the Munjals,...
Hero Honda Glamour and Glamour FI newer variants
Hero Honda has bought out update variants of their 125 cc Glamour and Glamour FI. Feature changes include aerodynamic attachments, checkered graphics, a new visor, trapezoidal headlights, stylish new cowl, body graphics, and, muffler cover. The Hero Honda Glamour drum brake variant is available for Rs. 50,500 for disc brake variant for Rs. 52,500.
Priced at Rs. 59,500, Hero Honda Glamour FI is available...
Bajaj Pulsar new variant might be on its way
If sources are to be believed, we might be in for a surprise from Bajaj. Bajaj might be launching a new pulsar to coincide wit 10 years of Pulsar brand, and like its earlier versions it will be launched in two engine variants.
The bike is planned to take the best out of all the Pulsars and be moulded as the new pulsar. The new Pulsar is expected to hold on to the design elements such as sports clip-on...
Hero Honda to be christened as Hero Moto?
Hero Honda has maintained a low profile ever since its split and it seems the name that this no 1 bike maker will select is making news. If news doing rounds are to be believed, hero Motors has gone ahead with the name Hero Moto as their new branding name. The company as per sources has submitted the application for this name change and is waiting for affirmation on availability. Now the process for...
Hero investments decide on buying Honda stakes in Hero-Honda at $851 million
Japanese Automaker, Honda's 27 year reign in India's motorcycle market has come to an end following Hero Investments agreement to buy Honda Ltd's 26 percent stake in Hero Honda Motors for $851 million. Hero investments are buying these stakes at a price of Rs 739.97 per share which decreased following the news of Hero-Honda split. Share market reports show that share prices of Hero Honda fell more...
Hero-Honda's end makes Honda search for new ways to improve business
Japanese automaker Honda will end its relationship with Munjal-family components following their split with Hero. Honda is now looking to expand its business in different ways, and searching for new vendors, dealers which would help them in their expansion.
Akashi Nagai, Head, South West Asia, Honda Motors expressed his ideas, and said that no decisions were made yet regarding company's business plans....
Hero Honda increases prices by 500-1500 rupees
By our observation of all the previous years, every year all the manufacturers always raise their product prices. But, Hero Honda has already hurried this price increase this year. The increase of 500-1500 rupees this year by Hero Honda is all thanks to the increase of all the input materials.
The models from the lower segment face a minimal hike while the top models such as Karizma have got the highest...
Hero and Honda to finally part ways from the joint venture
Hero and Honda joint venture was one of the few success stories in terms of joint ventures. This wonder venture started off in 1984 to become of the one of greatest bike sellers in India. But, there has been news of there split from many days in the market.
As per the industry sources, the Japanese automaker is interested in giving up this joint venture to ensure that it can fully concentrate...
Honda Karizma ZMR: not a smooth ride afterall
If we are to believe the rumors going around, Hero Honda Karizma owners are not very happy as their baby is now days giving them some nightmares.
The two major issues that are a real problem with the newest and coolest addition to the Karizma family might cause Hero Honda its reputation. The first problem seems to be the waiting period for the bike that seems to be getting on the nerve of many...
