Page 2 - Honda Motor

Brakes on Civic, CR-V car models: How Honda lost the plot in India

Honda, which is shifting its entire manufacturing facility to Tapukara in Rajasthan, however, says this will help it to rationalise cost and have a better shot at profitability

Honda India sales decline 2% in August, exports stand at 15,738 units

Honda Motorcycle & Scooter India (HMSI) on Wednesday reported 2 per cent decline in its total sales at 4,43,969 units in August. The company had sold a total of 4,52,551 units in the same month last year. Domestic sales last month stood at 4,28,231 units as against 4,25,664 units, a growth of 1 per cent, it said adding this was the first time in the ongoing fiscal that its domestic sales breached the 4 lakh units mark. Exports during the month stood at 15,738 units as against 26,887 units in August last year. Commenting on the sales performance, HMSI Director Sales & Marketing, Yadvinder Singh Guleria said,"In August, over 90 per cent of our network is back to business and we are seeing some green shoots with higher customer enquiries." The company's domestic sales crossed 4 lakh units mark for the first time this fiscal on the back of improved supplies and higher utilisation of production capacity, he added. "With festivals approaching, our line-up of 14 models, including ..

CCI approves proposal for formation of Honda Motor, Hitachi joint venture

By way of the proposed combination, HAMCL and Hitachi will jointly control the integrated company, the notice filed with regulator said

Two-wheeler makers are exploring new ideas to keep going as sales flag

The opportunity is immense - the shared two-wheeler mobility market has touched 15 million daily trips already

Tata Motors to hike passenger vehicle prices from Jan to offset BSVI impact

On Tuesday, Maruti Suzuki India announced to increase prices of its models from January to offset rising input costs.

Honda Motors cuts outlook for annual profit, global sales to a 4-year low

The dour outlook comes at a time when Honda is struggling to shore up its automobile operations, with its profitability down more than half in the past two years

Honda to recall all 2016-2019 Pioneer 1000 vehicles over safety concerns

The company didn't identify the number of vehicles that will be affected by the recall

Planning to buy a new Honda car, get ready to pay Rs 35k more starting Aug

The introductory price of the recently launched all new Amaze will also be revised from August

Honda drives in new Amaze; to launch CR-V, Civic among 6 models in 3 years

The company also said it is in the process of formulating a strategy for electric vehicles specifically for the domestic market.

Honda to wait for policy clarity before firming up EV plans in India

He said the company is also requesting the government to reduce the tax difference between small and big cars

Honda to recall 900,000 minivans as second row seats may tip forward

So far, there have 46 reports of minor injuries related to the issue

India beats Indonesia to become Honda's No 1 market in Asia Oceania

In the first nine months of this year, Honda's retail sales in India stood at 1,35,501 units as against 1,30,587 units in Indonesia.

Honda Motor showcases electric vehicle concepts at Tokyo Motor Show

Japanese auto major Honda Motor Co today showcased concepts of its electric vehicles, including Urban EV concept which would be the base for a new model to be launched in Europe first followed by Japan in 2020. The exhibits also include PCX Hybrid and PCX Electric which are currently under development based on its PCX scooter model. The company has not shared plans for launching models based on these concepts in India where the government has been pushing to go all-electric vehicles by 2030. "Last year we announced our intention to electrify two- thirds of global automobile sales by 2030 and we are evolving our products toward the realisation of this goal," Honda Motor CoCEO Takahiro Hachigo said here at the Tokyo Motor Show 2017. Introducing the company's concept models,he said Honda's Urban EV concept will be a city commuter equipped with interactive communication functions. "We are planning to begin sales of a new model based on this Urban EV concept first in Euro