2008 Buell Blast 500cc 500 Great Starter Bike W/financing Available on 2040-motos

Moto blog

Erik Buell Racing-Developed 2014 Hero Karizma ZMR and Karizma R Revealed

Hero Motocorp has updated its Karizma ZMR and Karizma R for 2014, the first products from the Indian manufacturer developed with Erik Buell Racing. The two companies signed a development deal last February before the relationship deepened with Hero buying 49.2% of EBR a few months later. The fully-faired Karizma ZMR and the partially-faired R version were revealed at an event last week in Macau.

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.

Hero MotorCorp Buys Half of Erik Buell Racing

According to a press release from Hero MotorCorp, the U.S. arm of Hero, HMCL (NA), has agreed to purchase 49.2% of Erik Buell Racing for $25 million. HMCL (NA) is said to have transferred $15 million to EBR with the remaining $10 million to be paid within the next nine months. Hero says it will have two members and one observer sitting on the EBR board of directors but Erik Buell will continue as Chairman and CEO of the company.