Hero MotoCorp invest in EBR
The hero MotoCorp is all confident, about not letting their business suffer, as they have enough in house resources, and they would depend on them. Hero MotoCorp has an honest investment in Erik Buell Racing and its subsidiary EBR LLC.
The hero MotoCorp is all confident, about not letting their business suffer, as they have enough in house resources, and they would depend on them. Hero MotoCorp has an honest investment in Erik Buell Racing and its subsidiary EBR LLC. With EBR requesting for an Assignment for Benefit of Creditors belonging to the Wisconsin Statutes, that is same to the combined bankruptcy law of the United States of America, both EBR and EBR LLC have interrupted project.
Even at this condition, Hero MotoCorp stay positive that its upcoming product in line would not be negatively affected even after EBR seize procedure, thanks to Hero's secure internal resources and their capacity.
Hero MotoCorp also quoted that their hub for Global Innovation, R & D situated in Kukas, Rajasthan would restart operating very soon and is capable of housing 600 engineers from all the parts of India and across the world. This division would be led by Markus Braunsperger who worked for BMW prior to this, and dedicated to Hero MotoCorp.