We know it’s a cryptic headline, but there’s a big HUGE move happening today in India as far as motorcycles are concerned, and we couldn’t help being overly dramatic. Holding a 26% stake in Hero Honda, Honda announced that it will be selling its position in Indian joint-venture, the world’s largest two-wheel manufacturer, to the Hero Group’s founders, the Munjal family, and various investment funds. Honda in turn will be pumping its resources into its ...
Source: http://feedproxy.google.com/~r/AsphaltandRubber/~3/0BQ7eOdDNmY/
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