Honda to Quit Indian Venture
December 16, 2010 at 15:12 PM EST
Honda Motor Co. (HMC) will possibly exit from its 26-year old motorcycle joint venture (JV) in India, Hero Honda Motors Ltd. with Hero Group. The Nikkei Business Daily reported that Honda will sell its 26% stake in the JV in order to focus on its fully owned two-wheeler venture in the country, Honda Motorcycle & [...]