Hero Honda witnessed a slight recovery in early trades on Tuesday after the company announced that it has crossed the Rs 5,000 crore (Rs 50 billion) mark in sales turnover in FY 2002-03.
Hero Honda bounced back from a reverse swing yesterday, as renewed buying surfaced on the counter on Thursday.
Domestic motorcycle market leader Hero Honda Motors on Monday said it would foray into scooter manufacturing and launch two motorcycle models this fiscal.
Breaking its 26-year-old joint venture -- Hero Honda, Munjals-promoted Hero Group on Thursday said it will buy the entire 26 per cent stake of its Japanese partner Honda in the company for an undisclosed amount.
Mumbai Indians, finalists in last season's Indian Premier League, have a new sponsor in Hero Honda Motors Ltd, the world's largest two-wheeler manufacturer. The Mumbai players will sport the Hero Honda logo on the front of their jerseys in the fourth edition of the IPL.
The country's largest two wheeler maker Hero Honda on Thursday said it is conducting a feasibility study in 10 states to find the best suitable location for its fourth manufacturing facility and the decision will be taken in the next six months.
The country's largest two-wheeler maker Hero Honda on Tuesday said its erstwhile Japanese promoter Honda Motor Co has exited the company completely after selling its 26 per cent stake to a group firm of the Indian promoter family.
Hero Honda Motors, India's largest motorcycle maker, on Monday said sales rose 18.3 per cent in October 2004.
Indicating willingness to take any of its competitors head-on for maintaining its leadership position in the motorcycle market, Hero Honda on Thursday said it could cut margin albeit as the last option if situation demanded.
Hero Honda, the country's largest motorcycle maker, today rolled out a new bike 'Splendor NXG' in the deluxe segment as it seeks to consolidate its market share in India.
Hero Honda Motors, India's largest motorcycle maker, launched a variant of its 110cc motorcycle Splendor on Monday.
Atul Sobti, executive director of sales and marketing, Hero Honda Motors Ltd has quit, after completing over seven years in the company.
India's biggest motorcycle maker Hero Honda Motors said on Monday that it would roll out a number of variants of its bikes soon and is expecting double digit sales growth this fiscal.
Hero Honda felt the pressure of market disappointment on Monday even as it announced a growth of 6.3% in motorcycle sales in the month of January 2003.
The company is also in the process of introducing a new global brand identity in London next month.
The ride so far has been a smooth one. But to protect market share, Hero Honda will need to have a bigger presence in the executive segment.
Two-wheeler major Hero Honda on Thursday launched its latest deluxe segment bike 'Glamour', fitted with a newly developed engine by Japanese partner Honda's research & development team.
In its bid to beat a sluggish market, country's largest two-wheeler maker Hero Honda is introducing three new variants of its entry level and executive segment bikes priced between Rs 35,800 and Rs 55,450 (ex-showroom Delhi).
The country's largest two-wheeler manufacturer Hero Honda on Monday announced that it has hiked prices of its products between Rs 500 and Rs 1,000, owing to increase in input costs. Hero Honda Managing Director Pawan Munjal told reporters in New Delhi that the company had been trying to absorb rising commodity prices, but it has reached a stage where it needed to pass it to the customers. Models like Splendor Plus, Passion Plus, CBZ and Hunk will see price hike.
Hero Honda Motors, India's biggest motorcycle maker, has scaled up sales target by 20 per cent this fiscal and will launch a motorcycle in the last quarter of 2004-05, a top company official said on Friday.
Hero Honda Motors, the country's largest motorcycle maker, has expressed confidence of maintaining its industry leadership by achieving double-digit growth in volume and revenue and much higher growth in profits during the next three years.
Buoyed by growing sales and good monsoon, India's biggest motorcycle maker Hero Honda Motors is again considering setting up a third plant.
Ruling out setting up its third plant in the near future, India's biggest motorcycle maker Hero Honda said on Thursday that production capacity was sufficient to clock double digit growth this fiscal.
According to media reports, while Honda is planning to sell 20 per cent stake to the other promoter, Munjal family of the Hero Group, it is looking at selling 6 per cent to private equity firm KKR.
Hero Honda Motors, the country's largest motorcycle maker, on Friday said its sales rose by a modest 4.9 per cent in July 2003 to 143,141 units from 136,360 units in the same month last year.
It was a ride on the fast lane for motorcycles in India with sales in the domestic market going up as much as 19 per cent in the just-ended financial year to 49,64,442 units.
The country's largest two-wheeler maker Hero Honda on Friday said it has launched a limited edition of its 100cc motorcycle Passion Pro, priced at Rs 46,300 (ex-showroom Delhi).
The new bike, Splendor Pro, has features such as a power start and a new engine and comes in two variants, the company said in a statement.
Hero Honda Motors, India's biggest motorcycle maker, on Wednesday said sales grew 31.5 per cent at 1,91,635 units in August 2004 over 1,45,730 units in the same month last year.
Stalemate at Hero Honda's Gurgaon plant continued as the company held talks with striking contractual workers to end the impasse that has brought production to a halt since Monday morning.\n\n
Hero Honda Motors on Thursday launched a restyled version of the 135cc motorcycle Ambition to further boost sales in the premium motorcycle segment.
India's largest motorcycle maker Hero Honda on Monday said its February sales went up by 51.7 per cent to 204,000 units over 134,000 units in the same month last year.
Hero Honda Motors on Friday said its motorcycle sales surged by 21 per cent in October 2003 to over 200,000 units from 165,066 units in the same month last year.
Hero Honda Motors on Wednesday said its motorcycle sales have jumped 17.6 per cent in September to 157,583 units, which it plans to increase to over 200,000 units in this month.
Hero Honda Motors is planning to enter the scooter market with its first launch slated for year-end.
Two-wheeler giants and IPL associate sponsors Hero Honda on Wednesday rubbished media reports, which claimed that they have bought stake in Indian Premier League franchise Kings XI Punjab.
India's largest motorcycle maker, Hero Honda Motors Ltd, launched its cheapest 100 cc motorbike yet on Wednesday, hoping to blunt competition from main rival Bajaj Auto Ltd.
He also became the first player on the Asian PGA Tour to cross the million-dollar mark in career earnings.
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