Page 7 - Honda

Honda to close only UK factory, blames global trends -- not Brexit

The closure of the Swindon factory in southern England is expected to result in 3,500 job losses

Honda to shut down its only UK car plant in 2022 putting 3,500 jobs at risk

Honda built just over 160,000 vehicles at its Swindon factory in southern England last year

Honda follows Tata Motors, will increase price of cars from January

Honda is currently working on the quantum of the price increase

Honda recalls 122,000 Odyssey minivans over defect in sliding-doors

Dealers will replace the latches, but currently, they have only a limited parts supply

Honda's Q2 operating profit jumps 40% on strong motorcycle sales in Asia

Japan's No 3 automaker posted a 214.4 billion yen ($1.90 billion) operating profit for July-September, up from 152.9 billion yen a year ago

Honda records 50,000 unit sales of all-new Amaze within 5 months of launch

The new Amaze has contributed 50 per cent of total HCIL sales during April-September period of the current fiscal

Rising fuel price is the biggest concern: Honda Cars India's Gaku Nakanishi

'I come from Japan and there, too, the consumers are sensitive to fuel prices though the per capita income is 20 times higher there,' says Nakanishi

Honda CR-V with petrol, diesel engine, automatic transmission launched

It is for the first time Honda has introduced the diesel powertrain to the CR-V line-up in India

Honda recalls 1.4 million cars to replace air bag inflators from Takata

Honda says it is ahead of schedule with more than 77 per cent of existing recalls repaired

Honda Cars India to step up auto parts export to counter falling rupee

Honda's arch-rival Toyota, too, has been exporting parts and aggregates from India

Within 3 months of launch, new Amaze gives Honda more space in sedan market

India is the first country to launch the second generation Amaze and the car has been developed considering the needs and aspirations of Indian customers

Honda recalls over 7K units of new Amaze sedan to update EPS sensor harness

The inspection and replacement would be carried out free of cost at authorized Honda car dealerships across India starting 26th July 2018

Honda Gold Wing 2018 deliveries begin: Here is why the motorbike is special

Priced at Rs 2.685 million (Rs 26.85 lakh), the motorbike is a redesigned version of the original Gold Wing GL 1000, which was first introduced in 1974

Honda closes gap with Bajaj Auto for number two spot in bike segment

Honda Motorcyle & Scooter India (HMSI) is snapping at the heels of Bajaj Auto for second spot in the domestic motorcycle segment, with the gap between the two companies coming down to a meagre 14,200 units during the ongoing fiscal. In the April-February period last fiscal, the gap between the two companies stood at 3,98,525 units. As per the latest data released by Society of Indian Automobile Manufactures (SIAM), Bajaj Auto has so far sold 18,15,590 units in the April-February period of the current fiscal while HMSI has sold 18,01,390 units in the same period. Hero MotoCorp with a sale of 58,72,966 units during the period continues to lead the bike segment in the country. HMSI, which is already a leader in the scooter segment, had sold 14,51,417 units during the same period last fiscal while that of Bajaj Auto stood at 18,49,942 units. HMSI Senior Vice President - Sales and Marketing Yadvinder Singh Guleria said the current fiscal is shaping up to be a historic year for the ...

Honda appoints Gaku Nakanishi as president and CEO of India operations

Japanese auto major Honda Motor Co today announced appointment of Gaku Nakanishi as the President & CEO of Honda Cars India Ltd. Nakanishi, who will take over from incumbent Yoichiro Ueno, will assume the role from April 1, consequent to the management changes announced annually by Honda Motor Co., Ltd, the company said in a statement. Ueno will move to New Business Strategy Division, Business Development Supervisory Unit in Honda Motor Co., Ltd for accelerating formulation of new business strategy and pursuit of open innovation in the area of future mobility, it added. During his tenure in India, Ueno was instrumental in fortifying the premium brand positioning of Honda and spearheaded introduction of several premium models in India including BR-V, Accord Hybrid, New City and WR-V, the company said. Besides, he played a key role in laying the foundation for launch of new models, including all-new Amaze, all-new CR-V and the comeback of Civic sedan, it added. Ueno's stint in ...

Maruti follows Tata Motors, Honda; to raise car prices by up to 2% from Jan

Other automakers such as Ford, Toyota Kirloskar Motor, Skoda and Isuzu already announced price hikes from early next year

HMSI to invest Rs 1,600 cr this year; plans to expand in Karnataka

'Mission 2020' was to make the Indian operations one of their hubs for export, said Minoru Kato

Honda to invest Rs 1,000 cr in new 0.6 m assembly line, products

The second largest two-wheeler maker Honda today said it will invest over Rs 1,000 crore in a new 0.6 million-unit assembly line and develop four new products to help it realise the 20 per cent sales growth target set for itself for fiscal 2018. "We will be opening the fourth assembly line at our Karnataka plant by July this year. This will be our 11th assembly line in the country. We will also launch four brand new models this financial year - two each scooters and bikes. For all these we have budgeted over Rs 1,000 crore in capex this year," Minoru Kato, the newly-appointed president & chief executive at Honda Motorcycle & Scooter India (HMSI) told reporters here today at his maiden media interaction. The company which clocked a revenue of a little over Rs 20,000 crore in fiscal 2017, up from Rs 18,000 crore in the previous year, has so far invested Rs 7,800 crore in the country since it started independent operations in early part of the last decade after breaking its ...

Honda gears up to launch 2 new products in FY18, strengthen rural network

Only one to gain in last 6 years, market share rose by 14% to 27% in 2016-17 from 13% in 2010-11

Honda to export its latest product WR-V to Brazil

Company would also bring its premium sedan 'Civic' later this year