Honda Motorcycle & Scooters India to remain focused
Honda has announced that they aim to remain focused on the Indian market through their fully owned subsidiary Honda Motorcycle & Scooters India.
The company incidentally already has a long term joint venture with Hero Group, Hero Honda.
This means that Honda would compete against itself in the [...]
Hero Group could launch cars in India with Proton
Hero Group is said to be in talks with Proton Holding of Malaysia to manufacture small cars for sale in the Indian market.
Industry reports claim that the talks have been going on for a while and a final decision could be taken soon.
Hero Group [...]
Hero E Sprint electric bike launched
Hero Group has announced the launch of their latest product.
The company launched their first high speed electric two-wheeler named E Sprint at Kanpur.
Hero Electric Managing Director Naveen Munjal spoke at the launch event: “We have launched high speed bikes for the first time in the country. [...]
Hero Group gets out of Daimler joint venture
India’s Hero Group has announced that they are getting out of their joint venture established with Daimler.
The collaboration was aimed to start manufacturing trucks in the Indian market.
Hero Group said that they decided to end their venture due to slowing down global economy.
Hero Corporate Services [...]
Daimler and Hero group venture gets approval from Indian government
The Union Cabinet has now given its approval to the proposed joint venture between Daimler and the Hero group.
The two companies had announced last year that they were going to collaborate on manufacturing light, medium and heavy commercial vehicles for the Indian market.
The government has now [...]
Hero Group might enter car market with PSA Peugeot Citroen
Munjal family is said to be in talks with the French car major PSA Peugeot Citroen for a possible venture to manufacture cars in the Indian market.
They are the owners of the Hero Group and the force behind the world’s largest two wheeler manufacturer Hero Honda.
Incidentally, [...]
