whats reason behind to break the company hero honda when was the company

For Honda, developing mass products and expanding of network was key. Hero had all along depended on the partner for technology and had to focus on developing in-house research and development (R&D) capabilities. It was in end-March 2011 that the two partners effectively ended their 26-year partnership. Against a flat to low-single digit growth performance by motorcycles, scooter sales have grown by double-digit for three consecutive years, benefiting Honda. Hero's solo journey has been marked by higher profitability but a declining market share, a function of its dependence on motorcycles. The company was aspiring to overtake Hero by 2015/2016. The Splendor brand remains the highest-selling motorcycle brand in the country, decades after its launch, and it delivers on that which is promises – reliability, great fuel efficiency, and affordable maintenance.Japanese automobile major Honda has consolidated its two-wheeler presence in the five years since its split from Indian partner Hero while remaining away from the coveted numero uno slot.

Finally, there is the Super Splendor, which displaces nearly 125cc. A step up from the Splendor Plus is the Splendor iSmart 110, with Hero Motocorp’s proprietary i3s start/stop technology. The Splendor Plus displaces 97cc and caters to those looking for a reliable but affordable commuter motorcycle.

The Splendor range covers three different capacities – the original 97cc engine that is in production even today, a 110cc engine that was developed and launched after the split with Honda, and a 125cc Super Splendor that caters to those who want more power and torque but don’t need any flashiness. It remained in original form for a whole decade, when the Splendor got the first of many cosmetic and styling updates. It started off as the Hero Honda Splendor in 1994, as a successor to the CD100 and Sleek. The Splendor is what put most of India on two wheels, and continues to do so in semi-urban and rural areas.

Whats reason behind to break the company hero honda when was the company