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Hero MotoCorp Forms Joint Venture with Magneti Marelli

Indian manufacturer Hero MotoCorp is teaming up with electronic fuel injection expert Magneti Marelli in a new joint venture. Hero will hold a 60% share in the company with Magenti Marelli controlling the other 40%. The two companies are initially investing a combined US$8.5 million into the joint venture, with a planned  investment of US$27 million total over the next ten years.

New Indian Thunder Stroke 111 Engine in “Spirit of Munro” Streamliner

To mark the unveiling of its new Thunder Stroke 111 engine, Indian Motorcycle revealed a custom-built streamliner motorcycle dubbed the “Spirit of Munro“, equipped with the new Indian engine. The “Spirit of Munro” is a tribute to the Munro Special, the 1920 Indian scout that set a new land-speed record in 1967 at the Bonneville Salt Flats for under-1000cc motorcycles. The Munro Special was famously depicted in the 2005 film “The World’s Fastest Indian“, starring Anthony Hopkins.

Hero MotoCorp Reports Sales of 541,615 Motorcycles and Scooters in December 2012

Whenever we publish stories about the motorcycle industry in India, we still get comments from readers surprised at how big a role that nation’s market plays, and perhaps more poignantly, how small it makes the U.S. market look. The latest sales numbers from Hero MotoCorp, India’s market leader, should further highlight the importance of India’s motorcycle market.