MotorBeam – Indian Car Bike News & Reviews

It was inevitable, wasn’t it? Hero Honda has applied to the Registrar of Companies (ROC) for a name change. As per SEBI guidelines, a public listed company has to get approval from ROC for a name change and 50% of the revenue in the previous year should come from the activity indicated by the new [...]

Hero Honda will pay its Japanese partner Rs 2500 crore till 2014. This payment is in accordance with the terms and conditions between the companies new licensing agreement post the split. India’s largest 2-wheeler manufacturer has revealed the amount to be similar to the existing royalty rate, which is at 2.8% of net sales. For [...]

India’s largest independent brand communications firm Law & Kenneth has bagged an order from Hero Honda to build a new brand identity for the two-wheeler major. The new brand communication will be made working in partnership with Wolff Olins to develop a new brand identity. Post 2014, Hero Honda can no longer use Honda in [...]

It might not be as rewarding to be an owner of a Hero Honda motorcycle than it is to be an owner of Hero Honda stocks. Known for declaring one of the highest rate of dividends in India, the home grown two-wheeler maker has declared an interim dividend of 3500% on a face value of [...]

You need to a flashplayer enabled browser to view this YouTube video The above spoof was carried by Radio Mirchi wherein they called a Hero Honda customer. Two calls where made, one as a Honda dealer and the other as the Hero dealer asking back for their parts on the customers motorcycle, what followed is [...]

The Hero Honda split has made Hero re-think its entire strategy. The Munjal promoted group intends to maintain market shares amidst aggressiveness by Honda, who intend to surpass Hero in sales by the end of this decade. Thus Hero Motors has bumped up the Nano bike project which it had announced in January last year. [...]

Hero Honda has announced the complete exit of Honda from the joint venture. The Japanese automaker has completed the transfer of all its shares and voting rights in Hero Honda to Munjal owned Hero Investments. The buyout has made Hero Investments the largest shareholder of the company with 43.33% share, up from 17.33% before Honda’s [...]

Post 2014 Hero Honda will no longer get technical support from Honda. Thus the company has initiated the process of setting up a competent R&D base. However getting a good R&D base up and running can take a significant amount of time. Thus Hero Honda has adopted the strategy of recruiting R&D personnel from arch [...]

Hero Honda is planning to launch a 110cc bike in the country in the second half of 2011. The company which recently split from Honda will get the license to manufacture the 110cc engine that does duty in the CB Twister. Honda will also license out a scooter engine to the Hero Group in the [...]

The Hero Group will pay Rs 3841.83 crore for Honda’s 26% stake. Hero Investments Private Limited, an investment company of the Hero Group stated that it is acquiring all of Honda’s 26% stake in Hero Honda at Rs 739.97 per share, which is at a discount of more than 50% over the current market value [...]