Hero Honda

Hero Honda Execute Binding Agreement

January 24, 2011

Hero Honda has executed a final binding licencing agreement with Honda today. The licencing agreement is the green light for the exit of Hond from the joint venture, which started in 1984. The agreement also talks about the products that Hero Motors will sell in India once the buyout is completed. The news has not [...]

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Hero Honda Hikes Prices

December 8, 2010

Hero Honda has increased the prices of almost all its models in the range of Rs 500-1500 due to an increase in input costs and problems with FOREX currencies, specially the Japanese Yen. The hike on lower models like the Splendor is Rs. 500 whereas the companies premium offerings (Karizma and ZMR) are now costlier [...]

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Honda Confirms HH JV Exit

December 5, 2010

Honda has confirmed its plans to sell its stake in the worlds numero uno motorcycle maker. The company plans to divest in Hero Honda Motors thus earning $1.2 billion from the sale of its 26% in the joint venture which took off in 1984. Honda plans to sell its entire stake to the Hero Group [...]

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Hero Honda May Export To Africa

November 12, 2010

Hero Honda company is considering exporting motorcycles to Tanzania which are more suitable for rural farmers. The company has send marketing executives to Tanzania to conduct a feasibility study. If the study turns out positive, then the world’s biggest manufacturer will start exporting the Splendor to Africa, but doesn’t plan to set up a plant [...]

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Hero Honda Working On New Brand Strategy

October 27, 2010

It is just a matter of time when Honda will exit completely from the Hero Honda joint venture. The promoters of the Hero Honda group are now working on a new branding strategy for Hero Honda, which will go live once Honda leaves. Honda’s name will be dropped from all future communications after their exit. [...]

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Hero Honda Expects Decline In Demand

October 14, 2010

Hero Honda expects demand to decrease as banks raise interest rates to fight inflation. Hero Honda may also lose some market share as rivals add new products. Hero Honda plans to spend Rs. 115 crore to add 3,00,000 units a year to its plant in Haridwar in northern India by January, 2011. The two wheeler [...]

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New Hero Honda CD Deluxe & CD Dawn Launched

April 5, 2010

Hero Honda has upgraded its bread and butter models, the CD Deluxe and CD Dawn with new features. No Hero Honda upgrade is possible without the addition of graphics and these models are no different. Both the bikes now feature new meter console, saree guard, new black muffler, side muffler and new utility box as [...]

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Hero Honda To Set Up Plant In Karnataka

March 29, 2010

The Karnataka government is allocating 500 acres of land to Hero Honda for setting up their manufacturing plant which would employ 1000 skilled workers near the northern district headquarters town of Dharwad. This plant would help Hero Honda manufacture one lakh units as it forecasts increase in sales to 5.6 million units. The company is [...]

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Hero Honda Plans New Facility In Himachal

March 24, 2010

Hero Honda has shown keen interest in establishing its manufacturing unit in Sirmaur district of Himachal Pradesh. It has plans to invest about Rs 2,000 crore. The company is also planning to set up its auxiliary units along with the main unit on more than 400 acres. Its officials are visiting the state next week [...]

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Hero Honda Pleasure Special Edition Launched

March 9, 2010

Hero Honda has launched a special edition Pleasure priced at Rs. 37,250 (ex-showroom, Delhi). The special edition Pleasure comes with body graphics, elliptical meter console, red muffler cover, white body coloured rear grip and a maintenance free battery. The scooter is available at exclusively designed Just 4 Her outlets. Hero Honda Pleasure Special Edition Launched

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