Hmsi

HMSI recalls around 2K CB300R bike units due to manufacturing fault

Honda Motorcycle & Scooter India on Friday said it is recalling around 2,000 CB300R bike units due to a manufacturing fault in the right crankcase cover of the engine. The voluntary recall covers the 2022 model of the CB300R. The company has identified that due to an inappropriate manufacturing process of the right crankcase cover of the engine, there are chances of sealing plug dislodging due to low retention force caused by engine heat, Honda Motorcycle & Scooter India said in a statement. This could further cause the sealing plug to come off and engine oil to splash out, it added. In the worst situation, the oil adhering to hot motorcycle parts may cause fire, its contact with tyres may cause slippage or it may injure the rider due to its hot temperature, the company stated. "As a precautionary measure, the replacement of affected parts will be carried out at BigWing dealerships across India starting from April 15, 2023. The replacement will be done free of cost ...

Honda's EV roadmap: Dedicated factory, first two e-scooter models in a year

Capacity of plant in Karnataka would be ramped up in phases to produce one million units by 2030

Honda introduces new Activa125, compliant with latest BS-VI norms

Honda Motorcycle & Scooter India on Tuesday said it has launched latest version of its scooter Activa125 with upgraded engine priced at Rs 78,920 (ex-showroom, Delhi). The 2023 Activa125 now conforms to the stricter emission norms which will be effective from next month. "With this new model, we have leveraged the latest technology to ensure that our customers can enjoy a smooth and hassle-free ride while meeting the latest norms," Honda Motorcycle & Scooter India (HMSI) Managing Director, President & CEO Atsushi Ogata said in a statement. The Indian automobile industry is currently working to make products meet the second phase of BS-VI norms in real-time driving conditions. Automobiles will need more sophisticated equipment to meet the next level of emission standards. The second phase of BS-VI emission norms is set to kick in on April 1.

HMSI announces fresh line up for 2023 International Racing Championships

Honda Motorcycle and Scooter India (HMSI) on Tuesday announced the international racing team for the 2023 FIM Asia Road Racing Championship (ARRC) and Thailand Talent Cup (TTC)

Honda Motorcycle & Scooter India sales up 11% at 233,151 units in Dec 2022

Honda Motorcycle & Scooter India on Wednesday reported a 10.7 per cent increase in domestic sales at 2,33,151 units in December 2022. The company had registered domestic sales of 2,10,638 units in the year-ago period, Honda Motorcycle & Scooter India (HMSI) said in a statement. "The market is gaining steady momentum against previous months as well as on a year-on-year basis. Factors like healthy festival season, good monsoon and increased demand for personal mobility have translated well to rise in customer walk-ins and enquiries," HMSI Managing Director, President & CEO Atsushi Ogata said. On the outlook, he said, "Stepping into 2023, we expect that the continuously improving consumer sentiment along with the enhanced effort towards the betterment of economy and infrastructure will build the momentum further.

Unit sales down but HMSI's net profit jumps by 604% to Rs 1,000 cr in FY22

During FY22, HMSI exported 332,942 units to various countries mainly Bangladesh, Nepal, Mexico, Guatemala, Colombia, Japan, Peru, UAE, El Salvador and Italy

Honda surpasses Hero MotoCorp to top spot in two-wheeler sales

Rural states, such as Uttar Pradesh (UP), Bihar, and Jharkhand, have fallen higher in September on a MoM basis

Hero MotoCorp to lose top spot in 2-wheeler sales to HMSI: Elara Capital

Rural states, such as Uttar Pradesh, Bihar and Jharkhand, have fallen higher in September on a MoM basis

Honda Motor launches new version of Gold Wing Tour for Rs 39.2 lakh

Honda Motorcycle & Scooter India (HMSI) on Tuesday said it has launched the new version of superbike Gold Wing Tour in the country, priced at Rs 39.2 lakh (ex-showroom). The 2022 Gold Wing Tour comes as a completely built-up from Japan, and features dual clutch transmission (DCT) with an airbag. "Over the years, Gold Wing has strengthened its reputation as a technological flagship from Honda. Raising the level of touring experience by several notches, we turn a new chapter in redefining luxury on two-wheels with the 2022 Gold Wing Tour DCT model with Airbag in India," HMSI Managing Director, President & CEO Atsushi Ogata said in a statement. The bike comes with a 1,833 cc liquid-cooled engine and features like idling stop system, hill start assist among others. "Gold Wing Tour offers a tailored riding experience as it offers the right mix of presets coupled with rider inputs for touring across different road conditions," HMSI Director Sales & Marketing Yadvinder Singh ...

Honda Motorcycle and Scooter India reports 20% dip in wholesales in January

Honda Motorcycle and Scooter India (HMSI) on Tuesday said its total sales declined by 19.97 per cent to 3,54,209 in January 2022. The two-wheeler maker had dispatched 4,37,183 units in January 2021. "While the calendar year 2022 has started on a positive note compared to last month, the sales sentiment in Q4'22 continues to reflect the preceding challenges of last fiscal year," HMSI Director (Sales & Marketing) Yadvinder Singh Guleria said in a statement. However, visible signs of healthy recovery do appear on the horizon and the company is hopeful the speedy implementation in vaccinations, dip in daily COVID cases being reported and easing of restrictions across states will help gain momentum in upcoming quarters, he added. "This year's Union budget also reflects a growth-oriented approach with an impetus on infrastructure & inclusive development. The focus on capital expenditure will pull the economy forward in unison and is expected to have a multiplier effect in the long .

Despite slowdown, motorcycle firms pin hopes on faster growing mid-segment

Royal Enfield corners 90-95 per cent of the middle-weight segment

HMSI posts 35 pc decline in two-wheeler sales to 2,80,381 units for Nov

The Indian arm of the Japanese two-wheeler had sold a total 4,33,207 units, including exports, in November 2020, the company said

Hero, Honda Motorcycle and Scooters festive period output lowest in 7 years

The duo account for close to 60% of the domestic two- wheeler market

Covid-19 impact: HMSI to temporarily shut 4 production plants from May 1

Honda Motorcycle & Scooter India (HMSI) on Thursday said it will temporarily shut its four manufacturing plants across the country for 15 days with effect from May 1, in view of the severe situation on account of COVID-19 second wave and subsequent multiple lockdowns across various cities. The two-wheeler major said it will utilise the production halt from May 1 to May 15, for its annual plant maintenance activities. "Depending upon the evolving COVID situation and the market recovery, the company shall be reviewing its production plan in the subsequent months," HMSI said in a statement. During the period, all Honda office associates will continue to work-from-home to maintain business continuity while extending all possible support to customers and business partners, it added. Only the essential staff will be working at all company plants and various offices across the country, the two-wheeler maker noted. HMSI has production facilities at Manesar in Haryana, Tapukara in ...

HMSI to recall certain number of H'ness CB350 bikes

Honda Motorcycle and Scooter India (HMSI) on Friday said it is recalling a certain number of its recently launched 350cc bikeH'ness CB350 to fix a faulty transmission part.

Exploring possibility of exporting H'nessCB350 to global markets: HMSI

Honda Motorcycle & Scooter India (HMSI) is exploring the possibility of exporting its mid-sized premium bike H'ness CB350 to various markets across the globe even as it works to cater to the robust demand for the model in the domestic market, a senior company official said. The company rolls out the bike with over 90 per cent localisation from its Manesar (Haryana) based manufacturing facility. HMSI had introduced the bike in October 2020 and has already crossed 10,000 sales mark in February this year in the domestic market. "Since this model is already meeting the European regulations, there are many countries where this model could be exported. So we are in discussion with our headquarters. Already the model is three months old in the domestic market and there is interest from other Honda companies across the globe," HMSI Director (Sales and Marketing) Yadvinder Singh Guleria told PTI in an interaction. Terming it "one model which is Made in India for the world", he noted that ..

20 yrs of India operations: HMSI crosses sales milestone of 7 mn units

Honda Motorcycle and Scooter India Pvt Ltd (HMSI) on Thursday said it has crossed the cumulative sales milestone of 70 lakh units in north India in its 20th year of operations in the country. The company, which hit the Indian market in 2001 with its scooter model Activa, said it took 15 years for it to touch the first 35 lakh cumulative sales mark in north India -- comprising Jammu & Kashmir, Ladakh, Rajasthan, Punjab, Haryana, Himachal Pradesh, Delhi and Chandigarh -- but doubled it in just 5 years. Commenting on the milestone, HMSI Director Sales & Marketing Yadvinder Singh Guleria said the company's first factory became operational in north, in Haryana in 2001. With increasing demand, the second factory was also added in north region, in Rajasthan. "As Honda is set to begin its 3rd decade in India, north region shall continue to remain our focus," he said. Honda will further strengthen its leadership in the scooter segment with the Activa brand, Guleria said adding the ...

Two-wheeler industry hopeful of growth in Q4 but wary of Budget: HMSI

The farmers' agitation and Budget are "sort of dark clouds" as the two-wheeler industry is hoping for a low single-digit sales growth in Q4 of 2020-21 on the back of a low base of previous year

Expect banks to lend more to the two-wheeler segment: Honda Motor

Honda Motorcycle and Scooter India (HMSI) on Friday said banks should enhance lending to two-wheeler customers in order to help revive the sector

GST reduction on two-wheelers to act as 'tailwind' for industry: HMSI

"It will definitely help and act as a tailwind for the industry against what we are seeing today, the headwinds from multiple sides," Guleria noted