Which automobile company has decided to split recently?
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Escorts Yamaha
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Hero Honda
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Kawasaki Bajaj
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None of the above
B
Correct answer
Explanation
Hero Honda joint venture split in 2010-2011 when Hero Group bought out Honda's 26% stake for approximately $850 million. The partnership had existed since 1984. Escorts Yamaha, Kawasaki Bajaj were never joint ventures that split in this manner.