Page 2 - Honda Motorcycle & Scooter India

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.

Hero MotoCorp, Bajaj Auto offer steep discounts to push key segment sales

Move reflects sustained pain in world's largest two-wheeler market, as it covers two segments accounting for 75% of its size and comes despite spike in input costs

Expect double-digit volume growth in next 6 months on low-base effect: HMSI

Honda Motorcycle and Scooter India (HMSI) expects to log in double-digit volume growth in the ongoing quarter as well as April-June period of the next fiscal year

Honda Motorcycle reports 29% surge in total sales in February

Honda Motorcycle & Scooter India (HMSI) on Monday reported a 29 per cent increase in total sales at 4,42,696 units in February. The company had sold a total 3,42,021 units in the same month last year, HMSI said in a statement. Domestic sales last month stood at 4,11,578 units as against 3,15,285 units in February 2020, a growth of 31 per cent, it added. "While the industry growth is expected to hover near the double digits in Q4 and upcoming Q1 due to the low base of BSVI transition, Honda continues to drive the 2Wheeler demand recovery for second straight month of 2021," HMSI Director (Sales and Marketing) Yadvinder Singh Guleria said. The company is confident of maintaining the positive sales momentum in coming months too, with three new models (CB350RS, 2021 Africa Twin Adventure Sports, Grazia sports edition) exciting the market, he added. The two-wheeler major said its exports grew 16 per cent last month to 31,118 units as compared with the year-ago period.

Honda puts the brakes on growth plans as scooter sales slow in India

Honda's scooter sales plunged 37 per cent year-on-year to 1,447,002 units in the first eight months of FY21

Honda Motorcycle announces its first-ever VRS amid weak two-wheeler demand

Scheme offered to the 40-plus or those with 10 years in the company

Top two-wheeler firms see December dispatches rise 7.6% year-on-year

The increase came on back of last year's low base

Honda Motorcycle total sales rise 2% at 5,27,180 units in October

Honda Motorcycle & Scooter India (HMSI) on Monday reported a 2 per cent increase in its total sales at 5,27,180 units for October. The company had sold a total of 5,17,845 units in the same month last year. Domestic sales last month stood at 4,94,459 units as against 4,87,819 units in the year-ago period, a growth of 1 per cent, HMSI said in a statement. The company's exports last month increased by 9 per cent to 32,721 units as compared with 30,026 units in October 2019. "Riding into the festive season on a high note, our newly launched H'ness-CB350 has garnered great response in a short span of time. In less than one month of start of sales of our debut 350ccc mid-size motorcycle, our production is booked till November, even as new bookings continue to rise," HMSI Director Sales and Marketing Yadvinder Singh Guleria said. With the comeback of positive sentiments in the market, the company is all geared up for Dhanteras and Diwali with strict safety measures in place across all .

Honda to boost bike biz with mass market and mid-size motorcycles: MD-CEO

Says Indian arm aims to become the No.1 export resource among Honda's plants worldwide

Suzuki Motorcycle overtakes Hero MotoCorp to be third largest scooter maker

Suzuki Motorcycle India Pvt Ltd (SMIPL) has overtaken Hero MotoCorp to be the third largest scooter maker by sales in the first half (H1) of the current fiscal, according to a latest data by auto industry body SIAM. Honda Motorcycle & Scooter India (HMSI) continues to be the undisputed leader in the segment followed distantly by Chennai-based TVS Motor Company. In April-September this fiscal, SMIPL sold a total of 3,41,928 units of scooters as compared to Hero MotoCorp's 2,49,365 units, as per Society of Indian Automobile Manufacturers (SIAM) data. During the comparable period a year ago, SMIPL had sold 2,91,847 units as compared to Hero MotoCorp's 3,91,019 units. In terms of growth, SMIPL saw its scooter sales grow by 17.16 per cent in April-September this fiscal -- the only scooter maker among top the top five manufacturers to post positive numbers. Hero MotoCorp, on the other hand, witnessed a decline of 36.23 per cent in the same period. The total scooter market had declined

Strike at Honda Manesar plant to protest sacking of contractual workers

Around 2,500 contractual workers at Honda Motorcycle & Scooter India's (HMSI) Manesar plant on Tuesday observed a tool-down strike against retrenchment of around 400 contract workers at the facility, claimed workers' union. HMSI Employee Union leaders alleged that the company has reduced production of the facility by 50 per cent and is in the process of retrenching more contractual workers. The stand-off began Tuesday morning with the company management did not allow some of the contractual workers to go inside the plant, HMSI Employee Union President Suresh Gaur told PTI. "Today, around 400 contractual workers have been retrenched. They were stopped from entering the factory premises. This led to a tool-down strike by workers who were already inside the plant," he said. The contract workers who have been fired have been sitting in protest outside the gates since morning, Gaur said, adding that "the management's immediate plan is to sack a total of around 650 contract workers at ..