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Honda Motor Co

Honda Cars India on Wednesday reported a 15 per cent year on year dip in sales in the domestic market at 6,086 units in February. The company had sold 7,187 units in the domestic market in February 2022, Honda Cars India Ltd (HCIL) said in a statement. Exports declined to 973 units last month as compared with 2,337 units in the year-ago period, it added. "Our sales performance in the month of Feb'23 has been as per our plan towards seamless transition of our models to new emission norms," Honda Cars India Director Marketing and Sales Yuichi Murata said. The company is currently gearing up for the launch of the new City, he added. "We are confident that it will generate new excitement and appealing options for customers," Murata noted.

Updated On: 01 Mar 2023 | 11:01 PM IST

Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants for the rest of October from its earlier plans

Updated On: 06 Oct 2022 | 3:45 PM IST

Japanese carmaker Honda plans to discontinue its three models -- Jazz, WR-V and fourth generation City -- in India by March next year, according to industry sources. The company, which is present in the country through a wholly-owned subsidiary Honda Cars India, will be left with only three models in its line up -- City Hybrid, fifth generation City and entry-level sedan Amaze -- after it discontinues the three brands. In December 2020, the company had stopped the production of Civic and CR-V with the closure of its Greater Noida plant as it struggled to strengthen foothold in the Indian market. Sources said the three models were being phased out as the company prepares to launch SUV models in the market. When contacted over the issue, a Honda Cars India spokesperson said: "The company cannot comment on the market speculations." Earlier this year, the automaker had announced that it plans to launch an SUV in the country next year. The company is currently in the process of develo

Updated On: 28 Jul 2022 | 8:55 PM IST

Last year the automaker had confirmed that it was in the process of developing an India specific SUV

Updated On: 14 Apr 2022 | 10:27 PM IST

General Motors and Honda are planning to co-develop some affordable electric vehicles that will use next-generation Ultium battery technology, it said on Tuesday

Updated On: 06 Apr 2022 | 1:32 AM IST

The startup is looking to raise up to $8.4 billion, setting it up to be the third-largest initial public offering (IPO) by funds raised in the past decade in the United States.

Updated On: 02 Nov 2021 | 10:08 AM IST

Honda Cars India Ltd (HCIL) on Wednesday reported a 49 per cent increase in domestic sales at 11,177 units in August as compared with the same month last year. The company had sold 7,509 units in the domestic market in August 2020, HCIL said in a statement. Exports stood at 2,262 units last month as compared with 450 units in August 2020, it added. "Positive sales momentum and overall strong demand helped us to achieve good volumes with the onset of the festive season. The celebratory fervour which began with Onam in Southern India will extend to the rest of the markets as we move towards the peak of festivities," HCIL Senior Vice President and Director (Marketing & Sales) Rajesh Goel said. The company's best-seller model -- Amaze, which has been launched in its latest avatar last month, drove commendable sales volume with 6,591 units and reinforced its position as the most preferred family sedan in India, he added. While we are quite optimistic on the demand side going forward, .

Updated On: 01 Sep 2021 | 5:06 PM IST

Honda Motor Co swung on Wednesday to a first-quarter operating profit of $2.23 billion from a 113.7 billion loss a year ago as car sales recovered from the impact of the Covid-19 pandemic

Updated On: 04 Aug 2021 | 12:22 PM IST

Honda Motor Co unveiled its latest Civic hatchback designs on Thursday, with hopes that the all-new model will become a foundation for developing cars more efficiently

Updated On: 24 Jun 2021 | 12:09 PM IST

Honda Cars India on Tuesday reported a 78 per cent decline in its domestic sales to 2,032 units last month as compared to 9,072 units in April this year. The company said it exported 385 units in May. "Multiple state-wide lockdowns throughout the country to control the spike in COVID-19 infections in May 2021 impacted retail business. During last month, we also undertook extended maintenance-related shutdown of our factory leading to limited production but effectively breaking the chain amidst the high number of cases in north India," Honda Cars India Senior Vice President and Director (Marketing & Sales) Rajesh Goel said in a statement. With the increase in the pace of vaccination and the declining cases, the company expects markets will open gradually allowing business continuity, he added. Goel noted that the company's field teams were in constant touch with waiting for customers to facilitate their car purchases through digital mediums. "We will closely monitor the on-ground .

Updated On: 01 Jun 2021 | 6:10 PM IST

Honda Motor Co said on Tuesday it will recall about 761,000 vehicles worldwide to replace fuel pumps that could fail and lead to engine problems

Updated On: 31 Mar 2021 | 9:27 AM IST

From government working on pricing of the coronavirus vaccine to decks being cleared for Container Corporation privatisation, here are top headlines this morning

Updated On: 07 Jan 2021 | 8:10 AM IST

Japan's Honda Motor Co on Wednesday said it will be the world's first automaker to mass produce level 3 autonomous cars

Updated On: 11 Nov 2020 | 12:37 PM IST

Honda more than doubled its full-year operating profit forecast as its second-quarter earnings grew 28% amid a rebound in China after auto sales were squeezed by the impact of the coronavirus pandemic

Updated On: 06 Nov 2020 | 12:48 PM IST

Japanese automajor Honda Motors has bagged a patent for its invention related to combined brake system for a motorcycle, which helps the rider to have a better control over the two wheeler while applying brake. The company has been offering Combi Braking System (CBS), a method of applying both the front and rear wheel brakes simultaneously through a single liver, in the two-wheelers it sell in the country for almost eight years now.The company claims that the invention is to provide a combined brake system for a motorcycle which can simplify the brake device.In the known technology of interlocking brake device, the number of parts around a pedal is high, which makes it complicated. On the other hand, the structure can be simplified by adopting a disc braking system in which not only a front wheel braking means but also a rear wheel braking means is also hydraulically operated, which pushes up the cost.The invention is to provide a combined brake system for a motorcycle which can ...

Updated On: 08 Nov 2017 | 3:00 PM IST

The company, however, said there will not be any hybrid or electric vehicle models in the upcoming line up,as it awaits clarity on government policy regarding electric mobility

Updated On: 26 Oct 2017 | 12:12 PM IST

The storage space will have a maintenance window to help change the bulbs of the headlight

Updated On: 22 May 2016 | 12:00 AM IST

Honda and Toyota Motor Corp had already recalled more than 60 million air bags worldwide

Updated On: 14 May 2016 | 12:19 AM IST