The split up between the two mammoth companies Japan based Honda and Indian biggie Hero has been in news for a long time and both the companies started their individual production. But the company's famous Hero Honda Splendor and Hero Honda Passion are not to get extinct and would continue to reach the domestic market same ways as earlier with a tag name of Hero Honda.
An agreement have been signed between the two, the Munjal Group of India and the Honda Motors of Japan, Honda is still to assist the Hero group with technology. The agreement was signed in the year of 2004 and is to continue up to 2014. The current portfolio of the group comprises of Hero Honda Karizma, Hero Honda Glamour, Hero Honda CBZ Xtreme, etc.
The Passion and the Splendor has always been a best seller for the company, thanks to their high efficiency, tremendous performance and low price tag. Honda Motorcycles and Scooter India is getting superb response from the Indian market.
Individually, Honda is sufficient enough in their technology and advanced features. Thus, it is predicted that Hero might suffer due to the separation as they have always depended solely on Honda for the technologies.
Rate this News :