Page 4 - Honda

Honda plans to hike vehicle prices from August as input costs go up sharply

The company is currently working out the details of the price hike which would be implemented from August

Covid-19: Honda Cars advances maintenance shutdown of manufacturing plant

Honda Cars India on Thursday said it is advancing maintenance shutdown at its Rajasthan-based manufacturing plant by around ten days in the wake of second wave of Covid

Honda Cars posts 28% rise in domestic sales in April over March

Honda Cars India on Saturday reported a 28 per cent increase in its domestic sales to 9,072 units last month as compared to 7,103 units in March this year. The company said it has exported 970 units in April. "The current health calamity has struck the entire nation and at this time nothing is more important than the health and well-being of our countrymen. Of course, it has had an impact on the business and deliveries in the marketplace," Honda Cars India Senior Vice President and Director (Marketing & Sales) Rajesh Goel said in a statement. Many parts of the country have been on safety-related lockdowns in the last couple of weeks and the industry may see this continuing in May as well, he noted. "We are working closely with all our stakeholders and assisting in every possible way to tide through this situation," Goel noted.

Honda aims for 100% electric vehicles by 2040, says new CEO Mibe

Mibe said Honda will invest a total of about 5 trillion yen ($46.3 billion) in research and development initiatives

Automakers fear dent in sales as Covid-19 cases rise in India: Details here

Leading automobile companies like Maruti Suzuki India (MSI), Toyota Kirloskar Motor and Honda Cars fear dent in sales as Covid-19 cases surged across the country

Honda Cars recalls 77,954 units of some models to replace faulty fuel pumps

The firm started this exercise last year

Citroen C5 Aircross SUV set to launch today: Here's all you need to know

The 5-seater premium SUV can be ordered online or through Citroen's dealership.

Honda recalls more than 628,000 US vehicles to replace fuel pumps

The recall covers much of the Honda and Acura model lineup from the 2018 to 2020 model years including the CR-V small SUV, the company''s top-selling U.S. vehicle

Honda agrees to sell British car plant to logistics giant Panattoni

Honda has agreed to sell its only British car plant at Swindon in southern England to logistics giant Panattoni as the new owner reportedly plans to make a large investment at the sprawling site

Tesla's Chinese rival Nio suspends production on chip shortage

Top automakers such as Ford, Honda, GM and Volkswagen were caught off guard by the shortage even as auto demand picked up during the Covid-19 pandemic

Honda to sell limited batch of Legend sedan level 3 self-driving cars

Honda Motor Co Ltd on Thursday said it will sell a limited batch of its flagship Legend sedan equipped with level 3 autonomous driving technology that enables vehicles to navigate congested highways

Honda Cars reports 28% increase in sales at 9,324 units in February

Honda Cars India Ltd (HCIL) on Monday reported a 28.3 increase in domestic sales at 9,324 units in February as compared with the same month last year. The company had sold 7,269 units in the domestic market in February last year, HCIL said in a statement. Exports for the period under review stood at 987 units as against 64 units in the year-ago period, it added. "The market demand continues to be good which is reflected in our positive growth in February sales," HCIL Senior Vice-President and Director Marketing & Sales Rajesh Goel said. However, the shortage of semiconductor related parts impacted the company on the supply front last month, which limited its production volume and dispatches for certain models, it added. "In the coming months, we will continue to make production adjustments in order to reduce its impact on our waiting customers," Goel said. As for the industry, the company remains optimistic about the future as the demand for automobiles remains on the rise and ha

Honda Motor taps tech expert as CEO to steer firm in ecological times

Toshihiro Mibe, a research expert tapped president of Japanese automaker Honda on Friday, promised to steer the company toward new growth by focusing on ecological models and safety technology. Honda Motor Co. said Mibe replaces Takahiro Hachigo effective April 1, and subject to shareholders' approval at a meeting in June. I am going to build a house that is the future of Honda on the foundation of businesses that Mr Hachigo has worked so hard to create. And this building must have resilience, to withstand this once in a hundred years transformation, Mibe told reporters. Mibe stressed the automaker will be aggressive about developing and selling electric vehicles. Mibe, who joined Honda in 1987, had been widely expected to take the top post, according to Japanese media. He was instrumental in further forging Honda's partnership with U.S. automaker General Motors Co. GM and Honda have had a relationship for two decades, centered around collaborating on fuel cells, batteries and ...

In pictures: Honda expands CB series, launches CB350RS; pricing, features

Expanding its mid-size motorcycle segment, Honda Motorcycle & Scooter India on Tuesday launched the CB350RS priced at Rs 196,000 (ex-showroom pan India)

Honda Motor to appoint R&D chief Toshihiro Mibe as new CEO: Report

Japan's second-biggest automaker by sales will announce the decision after a board meeting as early as Friday

Honda, Nissan to sell a qtr of a million fewer cars due to chip shortage

Asian chipmakers including Taiwan Semiconductor Manufacturing Co are expanding production to make up for shortages, but have warned that it may take some time to crank up output

Honda Cars domestic sales rise over two-fold to 11,319 units in January

Honda Cars India Ltd (HCIL) on Monday reported an over two-fold increase in domestic sales to 11,319 units in January as compared to the same month last year. The company had sold 5,299 units in the domestic market in January 2020, HCIL said in a statement. Exports for the period under review stood at 1,233 units as against 182 units in the year-ago period, it added. "The strong demand for our popular sedans Amaze and City in fact exceeded the supply last month and we seem to be heading towards sustainable market recovery except for a few challenges," HCIL Senior Vice-President and Director Marketing & Sales Rajesh Goel said. With the COVID-19 vaccination drive currently in progress, the automaker expects it to propel positivity in the market, resulting in a steady demand going forward, he added. The company has also started exports of its sedan City to new left hand drive markets which gave a fillip to the export volumes, Goel noted.

Honda begins export to left hand drive countries to boost India business

The firm said it has started exporting vehicles from India to left hand drive nations to strengthen its business here in the country

Honda City tops mid-sized sedan segment in 2020 with sale of 21,826 units

Honda Cars India on Friday said its mid-sized sedan City led the segment last year with cumulative sales of 21,826 units

Production on Gujarat plant's third line may start in 2-3 years: HMSI

Japanese auto major Honda's Indian two-wheeler arm could take around two-three years to start production on the third line of its Gujarat plant, as demand has shrunk in the wake of coronavirus pandemic, according to a senior company official. Honda Motorcycle & Scooter India Pvt Ltd (HMSI) had gone ahead with the construction of a third line to add 6 lakh units per annum at the Gujarat plant, having a total capacity of 12 lakh units per annum. "As for our new line which we had made in our fourth factory in Gujarat, we call it our third line. The construction activity and other activities went on as per schedule. However, we have put on hold the decision on when to start production at that line because the overall market has shrunk. "In terms of demand, the existing lines and existing capacity are good enough to take care of the demand, which is currently in the market and in the coming next two years or so," HMSI Director - Sales & Marketing - Yadvinder Singh Guleria told ...