Page 5 - Honda

Two-wheeler giant Honda's Activa crosses 25 million customer mark

Two-wheeler major Honda2Wheelers India on Thursday said its scooter brand 'Activa' has achieved 25 million customers' mark

Honda Motorcycle, India's second-biggest two-wheeler maker, announces VRS

Employees above the age of 40 or who have completed 10 years in the company are eligible for the scheme

Honda's been in India for close to two decades. It needs a turnaround plan

The closure of one of its two plants and the discontinuation of two models highlight the Japanese auto-maker's weaknesses in India

Top headlines: India loses Cairn arbitration case; Honda shuts Noida plant

Business Standard brings you top news of the evening

Honda announces closure of decades-old Greater Noida manufacturing plant

Honda Cars India Ltd (HCIL) on Wednesday formally announced closure of manufacturing operations at its Greater Noida facility in Uttar Pradesh. The automaker said the decision to cease production at the plant, which came up in 1997, has been taken as part of realignment of manufacturing operations with the goal of improving business efficiency. With the closure of Greater Noida facility, HCIL has also discontinued CR-V and Civic models in the country.Both the models were being manufactured at the plant. "To maintain sustainability of operations by leveraging production and supply chain efficiencies, the company has decided to consolidate the manufacturing operations for vehicles and components at its Tapukara plant in Rajasthan with immediate effect for all domestic sales and exports", HCIL said in a statement. All head office functions, India R&D centre and spare parts operations (including warehouse) for automobile, two wheeler and power product business would however continue ..

Honda Motor to shut Noida plant and cut production of four-wheelers

The Japanese automaker will move all India production to its newer Tapukara plant to the southwest of New Delhi, according to the Nikkei

Honda pulls the plug on production at Greater Noida facility, say reports

Honda Cars India Ltd (HCIL) has decided to pull the plug on production at its Greater Noida plant in Uttar Pradesh, sources said on Saturday. The automaker, which is a wholly-owned subsidiary of Japanese Honda Motor Co, had set up the Greater Noida plant in 1997. Industry sources said the plant would, however, continue to house the company's corporate head office, spare parts division and research and development (R&D) centre among other functions. Meanwhile, the company declined to comment on the matter. The automaker would now rely only on its Tapukara facility in Rajasthan to roll out its entire product range in the country, sources added. HCIL had earlier this year initiated a voluntary retirement scheme (VRS) for its manufacturing line associates at the plant to increase productivity and efficiency. The company used to roll out models like City, CR-V and Civic from the Greater Noida plant, which had a production capacity of one lakh units per annum. The Tapukara facility, o

IIT placements: Sony Japan offers Rs 1.14 crore package at IIT Bombay

Following Sony was Honda (R&D) Japan with 8.2 million JPY/annum or Rs 57.85 lakh

Japan's Honda says will be first to mass-produce level 3 autonomous cars

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

Japan automaker Honda reports profit rise despite Covid-19 pandemic

Japanese automaker Honda reported Friday that its profit rose 23 per cent in the last quarter, despite a pandemic that has slammed businesses around the world

Harley fails, Hyundai triumphs: India's auto market is unlike any other

The problems: taxation system favours smaller cars, expat CEOs don't always understand business landscape

Honda to withdraw from Formula 1 at end of 2021 to attain carbon neutrality

Honda is the engine supplier for the Red Bull and AlphaTauri teams. It had resumed competition in F1 in 2015.

Gadkari asks automakers to build flex-engines to promote alternative fuel

Alternative fuel like ethanol, methanol, bio diesel, electric and bio CNG besides LNG were the fuel for future and should be promoted, he said and added a roadmap was being readied for fuel policy

Honda reaches $85 million settlement over faulty airbags in cars sold in US

Honda has reached an $85 million settlement with multiple states over allegations that it hid safety failures in the airbags of certain Honda and Acura vehicles sold in the US

Royalty, technical fee cost Indian units of global auto majors Rs 8,000 cr

The amount is equal to nearly 4% of their combined net sales

Automakers expect demand to pick up in festive season despite Covid-19

If Covid-19 situation improves, it would lead to improved sales and if somehow the scenario deteriorates then the sales would also be impacted, Srivastava noted

Honda Amaze crosses 400,000 cumulative sales milestone in India

Honda Cars India Ltd said its compact sedan Amaze has crossed 4-lakh cumulative sales mark in the country

Japan automaker Honda sinks for quarter as pandemic crashes sales

Japanese automaker Honda reported Wednesday it sank into the red for the April-June quarter, as its sales plunged over the coronavirus pandemic, especially in the US, Japan and India.

Honda Siel Power Products changes name to Honda India Power Products

Subsequent to cessation of JV with Usha International, Honda Siel applied for the corporate name change which was recently certified by RoC

Honda Siel Power Products will now be called Honda India Power Products

Power products manufacturer Honda Siel Power Products announced the change of its name to Honda India Power Products