Friday, July 29, 2011

Hero Honda is Now Hero MotoCorp : BikeAdvice

Hero Honda is Now Hero MotoCorp : BikeAdvice

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Hero Honda is Now Hero MotoCorp

Posted: 29 Jul 2011 09:17 AM PDT


Original Source: Hero Honda is Now Hero MotoCorp from BikeAdvice.in

Here's the much awaited news in the Indian 2 wheeler market. I started posting about this news in BikeAdvice and here it now. Hero Honda has finally become Hero MotoCorp. This much anticipated news is now implemented. The company is the largest two wheeler manufacturer in India.

The 2006 Forbes 200 Most Respected companies list had Hero Honda Motors ranked at 108 which enabled the world to know about this great brand. Also, The Brand Trust Report published by Trust Research Advisory has ranked Hero Honda in the 13th position among the brands in India

Hero is the brand name used by the Munjal brothers for their flagship company Hero Cycles Ltd. A joint venture between the Hero Group and Honda Motor Company was established in 1984 as the Hero Honda Motors Limited at Dharuhera, India. Munjal family and Honda group both own 26% stake in the Company. In 2010, it was reported that Honda planned to sell its stake in the venture to the Munjal family.

During the 1980s, the company introduced motorcycles that were popular in India for their fuel economy and low cost. A popular advertising campaign based on the slogan ‘Fill it – Shut it – Forget it’ that emphasised the motorcycle’s fuel efficiency helped the company grow at a double-digit pace since inception. The technology in the bikes of Hero Honda for almost 26 years (1984–2010) has come from the Japanese counterpart Honda.

Hero Honda has three manufacturing facilities based at Dharuhera, Gurgaon in Haryana and at Haridwar in Uttarakhand. These plants together are capable of churning out 3 million bikes per year. Hero Honda has a large sales and service network with over 3,000 dealerships and service points across India. Hero Honda has a customer loyalty program since 2000 called the Hero Honda Passport Program.

In December 2010, the Board of Directors of the Hero Honda Group have decided to terminate the joint venture between Hero Group of India and Honda of Japan in a phased manner. The Hero Group of India would buy out the 26% stake of the Honda in JV Hero Honda. Under the joint venture Hero Group could not sell into international markets and the termination would mean that Hero Group can exploit global opportunities now. Since last 25 years the Hero Group relied on their Japanese partner Honda for R & D for new bike models. So there are concerns that the Hero Group might not be able to sustain the performance of the Joint Venture alone.

When there were rumours that the company depends totally on its Japanese counterpart – Honda for all it's R&D and that the company would face a tough time following the exit,the company proved the concept wrong with a series of upgraded (facelifted actually) bikes making the company to be in the limelight always. The company has bikes right from 100 cc to the 225 cc. The Pleasure scooter is also a decent performing vehicle for the company.

Hero Honda has also come up with a new website which is heromotocorp.com. The URL of the old website automatically redirects you to the new one. Though there is not much difference observed in the layout of the site. However, there is a large sized image displaying Hero Honda is now Hero MotoCorp.

The company is likely to dominate the yet to enter African and a few other new market with this new name. After the split between the two major 2 wheeler manufacturers, there are 2 news that impressed me a lot. One is that the company is planning to come up with a bike in the sub 40k price band. The other one is that Hero Honda (Sorry sorry, Hero MotoCorp) is considering launching a dirt bike in India. Guys, please make it really fast.

We wish the company to come up with a lot of new models and to make a great business in all its new markets.

Regards,
M.Naren.
Author – BikeAdvice.in

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Related posts:

  1. Hero Group May Buy 6% Stake in Hero Honda Directly from Honda by 24th October 2010
  2. Hero Pays 811 Crore Tax On Honda Stake Buyout
  3. The 26 Year Old Hero Honda Venture Finally Ends
  4. Hero and Honda Break-Up Confirmed
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Honda CBR250R Ownership Review by Sharat Aaryan

Posted: 29 Jul 2011 09:10 AM PDT


Original Source: Honda CBR250R Ownership Review by Sharat Aaryan from BikeAdvice.in

Dear BikeAdvice Readers, here comes the first comprehensive ownership review of the Honda CBR250R on BikeAdvice. I always dreamt of having a bike of my choice right from my early childhood. I was very much into stuff like bikes, cars and all. In other words I loved them to the core.

I started to learn the bike on Pulsar 180 in 2004. That is where my biking history starts. Right from then I have never stopped riding and each day my passion towards bike keeps increasing dramatically.

Booking the CBR250R

The day came when we finally decided after a long research about which bike I should get and finally it was decided its the Honda CBR250R.

It was the end of march when we had decided and booked the bike after considering so many other bikes like the Bullet Classic, Karizma ZMR, Pulsar series and the Ninja.

Delivery

Just like you and every other reader here, this was the worst period of my biking life. 4 long months writing letters after letters, and making calls after calls to the Honda company and the showroom, finally got my CBR250R on 20th of July.

I had booked the bike in Hubli and after listening to the news that I will be getting the bike, I booked my tickets to Hubli never making a second thought about bunking my college despite of low attendance. The day came when I reached showroom to get the bike and it was really a royal treatment in the showroom for me, as I was the 1st customer to be delivered with the ABS built in.

Looks

Lets start of with the most basic aspect any college student would want from his ride. In looks, it has no compromise. Its one of the best looking bikes I have ever seen in this segment.

The body balance right from the head light to the tail grab is superbly done with a great balance making it look like the pearl on the roads.

Performance

This is what makes this bike stand out from all the other bikes. Powered with a 250cc single cylinder engine, whit 26 BHP, it has a superb power which anyone can realize by riding the bike for just for a few meters. I found it very very difficult to keep the speed in control while the bike was in the run-in period.

The throttle response is too sensitive and works amazingly. Not to be shocked, the engine alone has 19 patents out of the 22. And, the engine smoothness is as good as any other Hondas engine, very smooth producing a huge power. And also I was getting a very good average of about 35kmpl even before the 1st service.

Handling

The bike handles like a flower. Though its too heavy, while riding the rider gets the feeling of being flying in the air with its beautiful aero-dynamics and wind path. The wheelbase is one of the largest in this segment, making the bike very stable. I drove the bike on wet, dry and muddy roads and to my surprise the bike never lost its balance even though I was speeding in the wet and dry roads at high speeds.

While I was a little careful on the muddy roads not able to speed, but still it was a lot stable than the while any other bike would have lost its balance while I was doing 20+ kmph on such places.

Price

There are 2 versions of CBR250R available, the standard version and the Combined-ABS mounted variant.. The standard version costs 1.69 laks on road while the ABS model would cost a 30,000 more, 1.99laks. And I personally feel the ABS is really worth the extra penny making your ride more secure and pleasure.

Special Features of Honda CBR250R

The 1st special thing I observed in this bike was the head lamps (55wt Halogen bulb) are extremely powerful any clearly visible. The credit goes to extreme reflective principle used in this bike.

And also to my surprise while on the dip mode, the lights at the left part of your road is more wide and powerful when compared to the right side, making it very pleasant for the vehicles coming from the opposite direction.

The next interesting thing about this bike is, the speedometer is not connected to the front wheel. Its connected to the ECU and then to the engine and then to the rear wheel making it completely controllable during any emergency breaking.

The dash board looks too good and the clear wing like structure gives it a “flying” like feel while riding the bike. And when you switch on the engine, the RPM needle goes to the max and returns and the digital speedo starts the reverse countdown from 188, making sure the digital display is working correctly.. The engine sensors makes a quick check if there is any fault and makes the bike ready to start the engine.

Braking

The C-ABS system gives a 50% breaking pressure on the front wheel when the rear breaks are applied. Overall the ABS system is great. I applied the breaks so hard while riding at 70KMPH and I was amazed by the stopping distance.

Cons of CBR250R

  • The plastic parts used are not of the Honda's standards and the finishing of the frame and all looks a bit sloppy.
  • A real long waiting period.
  • While riding on wet roads, be sure to have an extra set of shoes and pants as the shoes and the pants become dirty by the water spilling over them.

Conclusion

Overall I am very satisfied with my CBR250R. I love it so much and will continue to do so. It may seem a little expensive at first but just have a look at the market – with some research you will find out that CBR250R is worth the money.

As with all Honda products, it will have excellent resale value and your investment will be justified.

Leave your comments on my review!

Ride safe, ride happy :)

- Sharat Aaryan

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Related posts:

  1. What's Up with the Honda CBR250R?
  2. Honda CBR250R Photos from Thane
  3. CBR250R Official Page Launched – Deliveries to Begin by April
  4. Honda CBR250R Launched in India
  5. Honda CBR250R – Bookings Begin 1st Jan – Priced 1.5 Lakh (Ex-Showroom)

TVS Motors’ Sales Performance

Posted: 29 Jul 2011 08:49 AM PDT


Original Source: TVS Motors’ Sales Performance from BikeAdvice.in

TVS Motors has reported a revenue growth of 25.3 % in the first quarter of the current financial year, with consistent growth across all segments. The company's revenues grew to Rs.1746.03 crore in the current quarter ended June 2011 from Rs.1392.96 crore in the quarter ended June 2010.

Profit before tax during the quarter under review grew 54.3 % at Rs.77.86  crore compared to Rs. 50.46 crore recorded in the comparable period of the  previous year. Profit after tax in the current quarter grew at 45.7% to Rs.  58.80 crore from Rs. 40.37 crore in the previous comparable quarter.

The company should have felt that it's time to pass on the benefit to the  investors too. The board in the meeting held today declared a second interim  dividend for the year 2010-11 of 60 paise which is 60% per share. The  aggregate dividend for the year 2010-11 including the first interim dividend  therefore is 110% on a post bonus capital of Rs. 47.51 crore as compared to 120% on a pre-bonus capital of Rs. 23.75 crore in the previous year, 2009-10.

Total two-wheeler sales of the company grew up at 16.3 % in the first quarter of the current fiscal at 5.35 lakh units compared with 4.6 lakh units in the corresponding period of the previous year. Motorcycles sales grew at 10.3% to 2.24 lakh units in the reporting quarter from 2.03 lakh units in the quarter ended June 2010. Scooters, which are TVS Motor's do0minating segment grew up at 25.3 % totalling 1.19 lakh units in the current quarter from 0.95 lakh units during the corresponding quarter of the previous year which is a very great improvement for the company.

Similarly, two wheeler exports registered 36.4% growth with sales increasing to 0.78 lakh units in the current quarter from 0.57 lakh units in the quarter ended June 2010.

Coming to the performance of the company in Indonesia, during the quarter, PT TVS Motor Company Indonesia registered total two wheeler sales of about 7035 units in comparison with 5694 units recorded in the same period of the previous year. Exports accounted for 2503 units. The product portfolio of the company continued to receive good response from consumers in the region. The recently launched 150 cc Tormax has been very well received by the market out there and will assist the company to a greater extent in boosting the company's sales figure for the corresponding months.

Regards,
M.Naren.
Author – BikeAdvice.in

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Related posts:

  1. TVS Motors' Performance In The Month Of April
  2. Indian Bike Sales Figure June 2011
  3. TVS Motor’s Sales Grew by 30% in the Month of September 2010
  4. Sales Performance of TVS Motors in May 2011
  5. Indian Motorcycles Sales Figures for June and July 2010

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