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Hughlysses
Posted on Monday, July 01, 2013 - 10:26 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

According to several news sources including Reuter's:

http://www.reuters.com/article/2013/07/01/hero-erb -idUSL3N0F714V20130701

Apparently EBR will work with them to sell Hero motorcycles in N America and Europe as well.
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Sir_wadsalot
Posted on Tuesday, July 02, 2013 - 03:05 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

If this is anything like the HD acquisition, the EBR streetbikes will have a 150cc single and tiny little pogo forks!

Here's hoping they put ZTLs on some of their mopeds and stay hands off about Eric's stuff...
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Ljm
Posted on Monday, July 29, 2013 - 12:28 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

Today I am in Cali, Columbia. I have seen a number of Hero bikes here as well as ATK, yamaha, Suzuki. There are easily as many bikes here as cars and in this crowded environment they are practical and look fun. Looked close at the Heros and as well built as the others and you can buy basic 125 or so semi sport looking bike for $1800. For cities and commuting, I don't see the downside.
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Hughlysses
Posted on Sunday, August 18, 2013 - 05:47 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

A little more info about EBR's plans in this article:

http://www.biztimes.com/article/20130702/ENEWSLETT ERS05/130709967&source=RSS
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Sir_wadsalot
Posted on Monday, August 19, 2013 - 07:32 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

It absolutely had to be a minority stake where I would stay in control.
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Mesozoic
Posted on Thursday, October 10, 2013 - 04:09 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I've lived in India for good part of my life and recall Hero used to be partnered with Honda for over 20 years. Hondas in India were sold with the badge "Hero-Honda." Now you have to remember that India is the world's largest democracy with over 1 billion people, most of them are motorcycle riders. I think Hero might be the largest manufacturer of motorcycles and bicycles in the world! Apparently, Hero cut off their ties with Honda and are now partnered with Buell. I think it's a great partnership for both companies, can't wait to see what we get in the North American market.
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Reepicheep
Posted on Thursday, October 10, 2013 - 04:29 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I believe Hero has built more motorcycles in the third week of January than Harley will build in the rest of the year.

I met a few Hero folks at Mid Ohio. I enjoyed talking to them, and they did a great job of not leaking any useful information to me. : )
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Court
Posted on Thursday, October 10, 2013 - 05:55 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

>>>I think Hero might be the largest manufacturer of motorcycles and bicycles in the world!

You'd be correct.

>>>I believe Hero has built more motorcycles in the third week of January than Harley will build in the rest of the year.

You'd be correct.

Other things that, to me at least, are interesting.

Hero builds quite a few bikes . . . .



You do the math . . . .

Hero builds the same number of bikes in a year as Harley-Davidson does in ________ days.

If Hero wanted to but Harley-Davidson, lock, stock and barrel, (i.e. all the outstanding stock) it would require only ____ days of revenue or _______% of last years net profit.

Fun facts.
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Brumbear
Posted on Thursday, October 10, 2013 - 07:25 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

You know I tried hatin on the whole deal but I can't I just can't. I am on board if it matters even a little.
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Court
Posted on Thursday, October 10, 2013 - 10:49 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

HERO

Incorporated in 1984

Have made over 41,700,000 motorbikes

Made 6,230,000 last year

#1 manufacturer of 2-wheeled vehicles in the world for 11 years.

Certifications;
  • IS) 14001 - Environmental Management Systems
  • OHSAS 18001 - Occupational Health & Safety Management Systems
  • ISO 9001 - Quality Management Systems



Much can be learned about the future. Hopefully by this time next year they will be able to spell Erik.
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Torquehd
Posted on Thursday, October 10, 2013 - 11:40 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

according to that article, Hero is interested in developing themselves as developer and sellers of global-scale two-wheeled vehicles. That is Harley's biggest downfall: they're not in the motorcycle business, they're in the "Harley" business. They hamstring themselves by refusing to cater to anyone but the "harley" crowd.
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Mesozoic
Posted on Thursday, October 10, 2013 - 11:41 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

It's pretty exciting to see Erik Buell continuing to design bikes.

You know the weird numbering thing they've got going on in the audit sheet posted above? It's the Indian numbering system... 100,000 is known as 1 lakh (pronounced laack) and I think 1 million is 1 crore. In any case, that's why the comma looks like it's in a weird spot in the numbers.

Can't wait to see some Buells in showrooms again! All this sounds like there's the potential for Buells to take over the world! hahaha

(Message edited by Mesozoic on October 10, 2013)
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Court
Posted on Friday, October 11, 2013 - 04:40 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

>>>>All this sounds like there's the potential for Buells to take over the world! hahaha

Several folks laughed at me and told me I was full of shit when I made my prediction 3 years ago about where, relatively, Buell and Harley-Davidson would be 5 years after Harley-Davidson booted Erik and lots of my friends to the curb.

They . . . foolishly . . . .bet me a steak dinner.

I'm getting hungry.
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B2tomtom
Posted on Friday, October 11, 2013 - 05:24 am:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

A Buell take over does sound good. Court, I hope your prediction comes true and you get your steak dinner.
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Finedaddy1
Posted on Friday, October 11, 2013 - 06:24 pm:   Edit Post Delete Post View Post/Check IP Print Post    Move Post (Custodian/Admin Only) Ban Poster IP (Custodian/Admin only)

I still enjoy going to the Harley dealership, it's my favorite place to take a dump.
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