Introduction
Hero Honda started in 1984 as a joint venture between Hero Cycles of India and Honda of Japan. The company is the largest two wheeler manufacturer in India.
In 2010, When Honda decided to move out of the joint venture, Hero Group bought the shares held by Honda. Subsequently, in August 2011 the company was renamed Hero MotoCorp with a new corporate identity
Cont..
A joint venture between the Hero Group and Honda Motor Company was established in 1984 as the Hero Honda Motors Limited At Dharuhera India. During the 1980s, the company introduced motorcycles that were popular in India for their fuel economy and low cost.
The first motorcycle to be launched under Hero Moto Corp, the "impulse" also becomes India's only dual-purpose on-road-off-road motorcycle
At the launch of Hero MotoCorps Impulse motorcycle in India, Mr. Anil Dua, Sr. Vice President. the first model to be launched under our new brand identity is not just a new product
VISSION
TO providing world class mobility solutions with renewed focus on expanding company's footprint in the global arena
MISSION
Hero Moto Corp's mission is to become a global enterprise fulfilling its customers' needs and aspirations for mobility, setting benchmarks in technology, styling and quality so that it converts its customers into its brand advocates. The company will provide an engaging environment for its people to perform to their true potential. It will continue its focus on value creation and enduring relationships with its partners.
strategy
Hero MotoCorp's key strategies are to build a robust product portfolio across categories, explore growth opportunities globally, continuously improve its operational efficiency, aggressively expand its reach to customers, continue to invest in brand building activities and ensure customer and shareholder delight
Feature
High torque ATFT engine and high ground clearance for rough terrain riding Raised fender and large diameter front wheel with stud pattern type tyres Sturdier front suspension with long stroke and large front disc brake for cross country riding Nitrox gas-filled mono shock rear suspension Straight pull spokes at the rear for touch terrains Low maintenance seal endless drive chain Digital-analog combo meter console with service due indicator Sharp edgy graphics Motocross seat
CBZ
On Road 38,053
BSE-1863 NSE-1853
Competitor
Name Last Price Market Cap. (Rs. cr.) Sales Turnover Net Profit Total Assets
Bajaj Auto
1,587.85
45,947.14
15,998.12
3,339.73
5,235.37
Hero Motocorp
1,853.90
37,020.07
19,245.03
1,927.90
4,447.22
TVS Motor
53.55
2,544.09
6,289.31
192.58
1,784.83
Mah Scooters
286.40
327.31
6.20
21.73
210.31
LML
8.20
67.23
373.79
-99.54
-138.25
Kinetic Motor
13.05
35.95
0.05
0.56
25.19
Future strategy
Hero MotoCorp has unleashed a new 125cc bike, the Ignitor, along with their first 110cc bike, the Passion X Pro. They also displayed their 110cc automatic scooter, the masculine Maestro which shall sell alongside the existing Pleasure scooter.
Bollywood actor Ranbir Kapoor has been named as the new brand ambassador of Hero MotoCorp. Seen in this picture (from left) Indian pace bowler Irfan Pathan, Shah Rukh Khan, Ranbir Kapoor, music maestro AR Rahman, Managing Director and CEO of Hero Honda Pawan Munjal, former tennis player Boris Becker and former Formula One racing driver David Coulthard
SLOGAN
Hum men hai hero