Hero MotoCorp

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Hero MotoCorp Ltd.

logo
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 Honda logo
Hero Honda Splendor

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)

Web links

Commons : Hero MotoCorp  - Collection of images, videos and audio files

Individual evidence

  1. a b c d Hero MotoCorp. 2014 Annual Report , accessed May 23, 2015
  2. converted at the rate on the balance sheet date, March 31, 2014
  3. Hero gets Honda stake at big discount , accessed May 23, 2015
  4. 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.