Hero Honda Motocorp
Hero Honda Motocorp
Hero Honda Motocorp
It was founded on Jan 1984 in Gurgaon, Haryana. The founder of the company - Brijmohanlal Munjal. Head quarter Delhi
It was joint venture between Hero cycles of India and Honda of Japan In 2010, Honda decided to move out of the joint venture, Hero group bought the shares held by Honda
In, August 2011 the company was renamed as HERO MOTO CORP. With a new corporate identity.
Mission
Hero MotoCorps 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.
How motocorp key strategy are built to robust products portfolio across category ,explore growth opportunities ,continuously improve its operational efficiency. Aggressively expand its reach to customers. Continue to invest in brand building activities and ensure an shareholders delight
Company growth in two wheeler market in India is the result of an intrinsic ability to increase reach in new geographies and growth markets. Hero motocop extensive sales and service network now spans over to 5000 customers touch points.
In 1980s the company pioneered the introduction of fuel efficient ,environment friendly four stroke motor cycles in the country. It became the first company to launch the fuel injection technology in the Indian motorcycles
The company sold 3.7 million bikes, a growth of 12% last year. In same year the company has market share of 57% in Indian market. Hero Honda sells more two-wheelers than the second, third and fourth two-wheeler companies put together. Hero Honda splendor sells more than 1 million units per year.
1985- CD 100 1989-SLEEK 1991-CD 100 SS 1994- SPLENDOR 1997-STREET 1999-CBZ 2001-PASSION 2002-DAWN AND AMBITION 2003-CD DAWN, PASSION PLUS, KARIZMA
2004-AMBITION 135 CC 2005-SUPER SPLENDOR,GLAMOUR,ACHIEVER,PLEASU RE 2007-NEW MODELS OF CD DELUX,PASSION PLUS, HUNK. 2008-NEW MODELS OF PLEASURE CBZ XTREME ,GLAMOUR. 2009-NEW MODELS OF KARIZMA AND KARIZMA ZMR.
2010-NEW MODELS OF SPLENDOR PRO,HUNK AND SUPER SPLENDOR. 2011 NEW MODELS OF GLAMOUR, KARIZMA AND CBZ XTREME -DIGITAL
It develops maximum power of 14.2 bhp at 8500 rpm. It has self start ,alloy wheels ,rear disc brakes and digital plus analogue instrumental cluster.
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