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View Full Version : Hero buys Honda’s US$1.9 billion stake



Bob
22nd December 2010, 01:41
Honda’s 26-year relationship with Indian motorcycle manufacturer Hero has come to and end, selling their stake back to the company for a reported US$1.9 billion.

Hero Group now intends to boost overseas sales – restricted by the agreement with Honda - and develop their own brand models. Honda has already declared their intent to move into the Indian market in their own right.

gammaguy
22nd December 2010, 02:34
they might want to have a crack at the Indonesian market.

I was there last week,they sell 890 new bikes.

PER DAY:yes: