This comes after a week of economic disruption caused by introducing stringent scrutiny, resulting in shipments originating in China getting held up at Indian ports.
The problem is deep, if one were to look at the consumer responses to a recent study from Kantar to assess how they expected businesses to act during the coronavirus pandemic
It has been nearly a month since automakers suspended operations across their plants as Covid-19 pandemic spread across the country
Car sales and production have been hit hard in every coronavirus-hit country since factories were shutdown and consumers were forced to stay indoors due to the outbreak.
The company is investing $400 million on its first manufacturing plant at Sanand in Gujarat, where it is working to hike output
Honda Motorcycle & Scooter India Pvt. Ltd on Tuesdayannounced the launch of the all new BSVI Dio in the city, with prices starting from Rs 64,584 (ex- showroom, Bengaluru). On the launch day itself, 301 units of Dio BSVI were delivered across the city, HMSI said in a release. "South has always been an important market for Honda 2Wheelers India and Honda is the leading two wheeler brand in the region with 34 per cent market share. Dio has grown today to become the second highest selling two-wheeler in the south region," HMSI Senior Vice President, Sales and Marketing, Yadvinder Singh Guleria, said. "We are confident that with its new sporty aggressive design and advanced technology the new Dio BSVI will create yet another excitement among fun-seeking youngsters," he said. The company said the New Dio BSVI will be available in two variants - Standard and Deluxe.
Industry analysts say Honda continues to enjoy large brand recall and credibility but hasn't responded quickly to a changing market
The country's second largest two-wheeler maker Honda Motorcycle on Tuesday said its BS-VI versions of Activa scooter and a brand new bike SP 125 have cumulatively sold over 60,000 units. While the BS-VI model of Activa was launched in September and is available widely across the country, the brand new bike SP 125 was launched on November 20, Honda Motorcycle & Scooter India said. It can be noted that beginning April 1, only BS-VI models will be sold as the country pushes to cut carbon emissions from automobiles. From the new fiscal, all the fuels sold in the country will also be of low in carbon and sulphur as the government decided to skip BS-V and jump straight from BS-IV emission norms. Accordingly, almost all auto companies have announced commencement of production of BS-VI models from next month and reducing output of the existing versions. While the price tag for the new Activa -- the world's largest selling scooter -- starts from Rs 67,490, which is 10-13 per cent higher ..
Even as big auto brands plan to skip the 2020 Auto Expo, as many did two years ago, Chinese carmakers are stepping in to claim their spot
Workers of Honda Motorcycle & Scooter India's (HMSI) Manesar plant on Wednesday took out a march to protest against the sacking of 2,500 contractual workers at the facility. The workers marched from the plant to Gurugram Mini Secretariat. A worker union leader claimed that around 5,000 workers participated in the protest. The Japanese two-wheeler major had resumed operations at the plant earlier this week with permanent employees joining work. HMSI had suspended operations at the plant from first week of November as workers protested for over a week against the retrenchment of their contractual colleagues. The stand off at the facility, which employs around 1,900 permanent workers and 2,500 contract workers, began on morning of November 5 when the company management did not allow some of the contractual workers to go inside the plant. The sacked contractual workers, though, continue to protest at the site. "Around 5,000 workers participated in the protest march today. Workers fr
HMSI's move comes after workers' agitation, which started on November 5, gained steam with several political parties and labour unions lending their support to them
TOKYO (Reuters) - Hitachi Ltd <6501.T> will merge its vehicle components unit with Honda's <7267.T> three suppliers in a bid to cut development costs and better respond to a rapid industry shift to electric vehicles (EV) and self-driving.
The invention has a low voltage battery that will be placed in the rear side of the vehicle body, which can be accessed by the opening of the seat
The severity of the slide stokes fears that a long-anticipated car sales collapse may be arriving
"The auto sector continues to witness high de-growth due to poor consumer sentiment," HCIL Senior Vice President and Director, Sales and Marketing Rajesh Goel said
The company said replacement will be carried out free of cost at HCIL dealerships across the country from July 29, 2019 and the company will communicate with customers directly
Honda said the plan involves Honda and Acura vehicles with air bag inflators used in earlier recall repairs
However, it will continue with its proposed expansion in Gujarat
HCIL said it also exported a total of 450 units during last month
Japanese auto major Honda will continue to offer diesel models in India even after BS-VI emission norms kick in, unlike Maruti Suzuki which has decided to stop selling diesel cars from April 1, 2020. According to a senior official of Honda Cars India Ltd (HCIL), the company plans to upgrade its two diesel engines, which power models like Amaze, City, WR-V, BR-V, Civic and CR-V to conform to stricter BS-VI emission norms. The auto major plans to start rolling out models with upgraded BS-VI engines in both petrol and diesel from the fourth quarter of this fiscal. "From our experience, for the fuel choice among petrol or diesel, 80 per cent of customers make a rational choice based on consideration of driving distance and recovery period. However, there are still 20 per cent customers who make an emotional choice towards a particular fuel," HCIL Senior Vice President and Director (Marketing & Sales) Rajesh Goel told PTI. The company will take care of these 20 per cent emotional ...