Hero MotoCorp
Hero MotoCorp Ltd.
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legal form | Corporation |
ISIN | INE158A01026 |
founding | 1984 |
Seat | New Delhi , India |
management | Brijmohan Lall Munjal |
Number of employees | 6,782 (2014) |
sales | INR 257.19 billion (2013/14) EUR 3.11 billion |
Branch | motorcycles |
Website | www.heromotocorp.com |
Hero MotoCorp Ltd. (formerly Hero Honda Motors Ltd. ) is a large Indian company with headquarters in New Delhi that manufactures motorcycles . In the 2013/14 financial year, 6,075,583 motorcycles were sold, making the company one of the largest motorcycle manufacturers in India by number of units.
history
The company was founded in 1984 as a joint venture between Honda and the Indian bicycle manufacturer Hero Cycles . Honda sold its stake in Hero in 2011. The company was renamed Hero MotoCorp. On July 1, 2013, Hero MotoCorp bought 49.2% of the shares in the American motorcycle manufacturer Erik Buell Racing for around 25 million dollars.
Hero MotoCorp. has three factories in India. These are located in Dharuhera , Haridwar and Gurgaon .
Models
(Selection)
- CD Deluxe , 100 cm³
- Super splendor , 125 cc
- Glamor , 125 cc
- Achiever , 150 cc
- Hero Honda Pleasure (Scooter)
Web links
- Official website
- http://www.gurgaonworkersnews.wordpress.com/ Longer article (English) about the strike of Hero Honda workers in the Gurgaon Workers Newsletter No.4
Individual evidence
- ↑ a b c d Hero MotoCorp. 2014 Annual Report , accessed May 23, 2015
- ↑ converted at the rate on the balance sheet date, March 31, 2014
- ↑ Hero gets Honda stake at big discount , accessed May 23, 2015
- ↑ Newsdeck, OD: Hero buys 49.2% stake on Erik Buell Racing for US $ 25 million . In: overdrive.in , July 2, 2013. Retrieved July 15, 2013.