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Hero Honda is now Hero MotoCorp

Joint venture with Honda of Japan has terminated

Hero Honda is now Hero MotoCorpIndia's leading motorbike company Hero Honda Motors today officially announced their new company name "Hero MotoCorp". Hero Honda's official website "www.herohonda.com/" also now redirecting to the newest domain name "www.heromotocorp.com" which is most suitable with their new company name. A a big banner in home page of their 90 century looking website says "Hero Honda is now Hero MotoCorp" & logo area is keeping empty. (Hero Motocorp has not released their logo.)

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.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. 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.

Have a doubt about, what will be the motorbike brand name. Is it like "Hero MotoCorp CBZ Extreme"