HERO MOTOCORP Hero MotoCorp Limited is the World’s single largest two-wheeler motorcycle company. In 1984‚ Hero MotoCorp Ltd.‚ (Formerly Hero Honda Motors Limited) was formed as a joint venture between Honda Japan and the Hero Group promoters Dr. Brij Mohan Lall Munjal along with his sons (Late) Raman Kant Munjal‚ Pawan Kant Munjal‚ Suman Kant Munjal and Sunil Kant Munjal. Munjal family and Honda group both owned 26% stake in the Company. Hero MotoCorp Limited was incorporated in the year 1984 with
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TO IMPLEMENT A BONUS SYSTEM? 8 LIST OF REFERENCES III Appendix IV AFFIDAVIT VIII COMPANY BACKGROUND Harley Davidson was created in 1903 by William S. Harley and Arthur Davidson in Milwaukee‚ Wisconsin‚ when the first Harley-Davidson motorcycle became available to the public. Arthur’s brother’s Walter and William later joined Harley and Davidson’s efforts. Four years later‚ on September 17‚ 1907‚ Harley Davidson was incorporated and the stock was split four ways between the four founders
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. . . . 16 Strategy Suggestions for Harley Davidson . . . . 17 Conclusion . . . . . . . . . 18 References . . . . . . . . . 19 ABSTRACT Having a Harley Davidson means more than having a simple motorcycle‚ a ride‚ it means having a group of persons sharing the same feeling and desire of power‚ the same devotion for a brand. All Harley Davidson’s customers are proud of the brand due to the quality it offers‚ the sound the motor makes and the most
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Pawan Munjal belongs to the family that has promoted India’s $ 5 billion Hero Group of Companies. He is Vice-Chairman & Managing Director of Hero Motocorp‚ a company that produces and sells motorcycles and scooters. Pawan Munjal heads a company that was set up in India three decades ago as an equal equity venture with Honda of Japan. Recently‚ Hero Motocorp became India’s first automobile company to cross cumulative production of 50 million. In 2011‚ Hero and Honda parted ways. According to Pawan
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Honda and TVS Suzuki tied up with foreign majors to bring in the latest in terms of aesthetics and technology‚ and Bajaj failed to gauge the changing tastes of consumers. In 1990s‚ there was a marked shift in customer preference from scooters to motorcycles. Bajaj found itself at a loss here‚ as this was largely an un chartered territory. The Company Bajaj Auto is the flagship of the Bajaj Group of Companies. Bajaj is currently India’s largest two- and three wheeler company. Current Performance
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* Strong brand name * Strong customer loyalty * Operates in 2 segments‚ Harley-Davidson motorcycles and related products‚ and Harley-Davidson Financial Services * The HOG ( Harley Owners Group) which has over 1 million members worldwide and is the industry’s largest company sponsored motorcycle enthusiasts organizations * The only American brand manufacture of heavyweight motorcycles Weaknesses: * High prices * Harley-Davidson has problems in gaining more market share
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Harley-Davidson Case Analysis Harley-Davidson should tailor is product and service offerings to the 55-64 year old segment‚ and expand its Rental and Rider’s Edge programs to continue growing Market leader in motorcycles - Market leader with 50% domestic and 32% global market share in motorcycles - Stock prices CAGR since 1989: 32% - American legendary lifestyle brand - Loyal customers: 900‚000 members in Harley-Davidson Owner Group - 50% of sales to repeating customers Ageing customer base
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Allstate may have benefited earlier from the motorcycle boom‚ if their reaction time to this trend was more proactive than reactive. Allstate knew of the motorcycle trend‚ however; their reaction time to it was less than favorable. The media alone supplied Allstate the information they needed‚
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build and race high performance motorcycles. The success of his higher horsepower engines confirmed his ability as a designer. Beginning with the study of combustion‚ he doubled horsepower and halved weights of engines. The establishment of The Honda Institute of Technology was misleading because‚ while it sounded big and impressive‚ it consisted of just a few men. The establishment did‚ however‚ create an image of technological improvement of the motorcycles and a growing organization.
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Ducati Q) How did Ducati become a profitable motorcycle maker despite its small scale? Before its takeover by the American private equity firm Texas Pacific Group (TPG)‚ Ducati went from being one of the top manufacturers of the high performance sport motorcycle industry to being on the verge of bankruptcy. TPG identified Ducati as a high end product with enormous potential for growth but realized that serious change was required if Ducati was to ever fulfill this potential. TPG decided to
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