MarketLine Blog

Posts tagged to Motorcycle Manufacturing

Hero MotoCorp: Promising rise of future transnational manufacturer

MarketLine

Hero MotoCorp (HMC – formerly Hero Honda Motors), based in India, is one of the world’s largest motorcycle manufacturers and is setting itself up to expand globally following the dissolution of its partnership agreement with Honda Motor Co. Ltd. in 2010 and the expiration of licensing contracts for Honda technologies in 2014. The first stage of this expansion has been to target developing markets, an approach that indicates an intention to sell existing style products to similar markets in order to leverage the know-how that HMC has already developed, particularly… Read more

Global motorcycle manufacturing declined in 2012 but not in India

MarketLine

Persisting economic difficulties have had an impact on motorcycle manufacturers globally, particularly in Western Europe. An exception to this has been India, where motorcycle manufacturing has continued to grow rapidly despite difficult global economic conditions. The global motorcycle manufacturing industry declined by 5.8% in 2012, to reach a value of $62.1bn representing a compound annual rate of change of -0.1% for the period spanning 2008-2012. Europe, Asia-Pacific, North America and North America all experienced a decline in industry value in 2012, with on-going financial difficulties affecting global manufacture. India’s continued… Read more