Page 2 - Hmsi

Honda Motor launches new version of Gold Wing Tour for Rs 39.2 lakh

Honda Motorcycle & Scooter India (HMSI) on Tuesday said it has launched the new version of superbike Gold Wing Tour in the country, priced at Rs 39.2 lakh (ex-showroom). The 2022 Gold Wing Tour comes as a completely built-up from Japan, and features dual clutch transmission (DCT) with an airbag. "Over the years, Gold Wing has strengthened its reputation as a technological flagship from Honda. Raising the level of touring experience by several notches, we turn a new chapter in redefining luxury on two-wheels with the 2022 Gold Wing Tour DCT model with Airbag in India," HMSI Managing Director, President & CEO Atsushi Ogata said in a statement. The bike comes with a 1,833 cc liquid-cooled engine and features like idling stop system, hill start assist among others. "Gold Wing Tour offers a tailored riding experience as it offers the right mix of presets coupled with rider inputs for touring across different road conditions," HMSI Director Sales & Marketing Yadvinder Singh ...

Honda Motorcycle and Scooter India reports 20% dip in wholesales in January

Honda Motorcycle and Scooter India (HMSI) on Tuesday said its total sales declined by 19.97 per cent to 3,54,209 in January 2022. The two-wheeler maker had dispatched 4,37,183 units in January 2021. "While the calendar year 2022 has started on a positive note compared to last month, the sales sentiment in Q4'22 continues to reflect the preceding challenges of last fiscal year," HMSI Director (Sales & Marketing) Yadvinder Singh Guleria said in a statement. However, visible signs of healthy recovery do appear on the horizon and the company is hopeful the speedy implementation in vaccinations, dip in daily COVID cases being reported and easing of restrictions across states will help gain momentum in upcoming quarters, he added. "This year's Union budget also reflects a growth-oriented approach with an impetus on infrastructure & inclusive development. The focus on capital expenditure will pull the economy forward in unison and is expected to have a multiplier effect in the long .

Despite slowdown, motorcycle firms pin hopes on faster growing mid-segment

Royal Enfield corners 90-95 per cent of the middle-weight segment

HMSI posts 35 pc decline in two-wheeler sales to 2,80,381 units for Nov

The Indian arm of the Japanese two-wheeler had sold a total 4,33,207 units, including exports, in November 2020, the company said

Hero, Honda Motorcycle and Scooters festive period output lowest in 7 years

The duo account for close to 60% of the domestic two- wheeler market

Covid-19 impact: HMSI to temporarily shut 4 production plants from May 1

Honda Motorcycle & Scooter India (HMSI) on Thursday said it will temporarily shut its four manufacturing plants across the country for 15 days with effect from May 1, in view of the severe situation on account of COVID-19 second wave and subsequent multiple lockdowns across various cities. The two-wheeler major said it will utilise the production halt from May 1 to May 15, for its annual plant maintenance activities. "Depending upon the evolving COVID situation and the market recovery, the company shall be reviewing its production plan in the subsequent months," HMSI said in a statement. During the period, all Honda office associates will continue to work-from-home to maintain business continuity while extending all possible support to customers and business partners, it added. Only the essential staff will be working at all company plants and various offices across the country, the two-wheeler maker noted. HMSI has production facilities at Manesar in Haryana, Tapukara in ...

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.

Exploring possibility of exporting H'nessCB350 to global markets: HMSI

Honda Motorcycle & Scooter India (HMSI) is exploring the possibility of exporting its mid-sized premium bike H'ness CB350 to various markets across the globe even as it works to cater to the robust demand for the model in the domestic market, a senior company official said. The company rolls out the bike with over 90 per cent localisation from its Manesar (Haryana) based manufacturing facility. HMSI had introduced the bike in October 2020 and has already crossed 10,000 sales mark in February this year in the domestic market. "Since this model is already meeting the European regulations, there are many countries where this model could be exported. So we are in discussion with our headquarters. Already the model is three months old in the domestic market and there is interest from other Honda companies across the globe," HMSI Director (Sales and Marketing) Yadvinder Singh Guleria told PTI in an interaction. Terming it "one model which is Made in India for the world", he noted that ..

20 yrs of India operations: HMSI crosses sales milestone of 7 mn units

Honda Motorcycle and Scooter India Pvt Ltd (HMSI) on Thursday said it has crossed the cumulative sales milestone of 70 lakh units in north India in its 20th year of operations in the country. The company, which hit the Indian market in 2001 with its scooter model Activa, said it took 15 years for it to touch the first 35 lakh cumulative sales mark in north India -- comprising Jammu & Kashmir, Ladakh, Rajasthan, Punjab, Haryana, Himachal Pradesh, Delhi and Chandigarh -- but doubled it in just 5 years. Commenting on the milestone, HMSI Director Sales & Marketing Yadvinder Singh Guleria said the company's first factory became operational in north, in Haryana in 2001. With increasing demand, the second factory was also added in north region, in Rajasthan. "As Honda is set to begin its 3rd decade in India, north region shall continue to remain our focus," he said. Honda will further strengthen its leadership in the scooter segment with the Activa brand, Guleria said adding the ...

Two-wheeler industry hopeful of growth in Q4 but wary of Budget: HMSI

The farmers' agitation and Budget are "sort of dark clouds" as the two-wheeler industry is hoping for a low single-digit sales growth in Q4 of 2020-21 on the back of a low base of previous year

Expect banks to lend more to the two-wheeler segment: Honda Motor

Honda Motorcycle and Scooter India (HMSI) on Friday said banks should enhance lending to two-wheeler customers in order to help revive the sector

GST reduction on two-wheelers to act as 'tailwind' for industry: HMSI

"It will definitely help and act as a tailwind for the industry against what we are seeing today, the headwinds from multiple sides," Guleria noted

HMSI forays into 180-200cc bike segment in India with Hornet 2.0

Honda Motorcycle and Scooter India (HMSI) said it has forayed into 180-200cc bike segment in the country with the launch of all-new model Hornet 2.0, priced at Rs 1.26 lakh (ex-showroom Gurgaon).

HMSI aims to drive in multiple products in motorcycle segment for expansion

Two-wheeler major Honda Motorcycle and Scooter India (HMSI) aims to expand its bike portfolio in the country as it looks to bring in new set of customers from both rural and urban areas

HMSI crosses 1.1 mn sales in India for BS-VI compliant two wheelers

Honda Motorcycle & Scooter India (HMSI) on Friday said it has crossed 11 lakh cumulative sales mark in the domestic market for BS-VI compliant two-wheelers. The company said it had ended 2019-20 fiscal with sales of over 6.5 lakh units of BS-VI compliant two-wheelers. It's a matter of great pride for us at Honda, that our 11 advanced BS-VI models have won the vote of confidence and created a new joy of riding among customers across India," HMSI Director - Sales and Marketing Yadvinder Singh Guleria said in a statement. The company's product portfolio stands out as the industry's most diverse starting from 110cc scooters and motorcycles going up to 1,100cc premium adventure bikes, he added. "As many customers are now preferring personal mobility for safety and hygiene in the challenging times of new normal, Honda is unlocking new value with its many initiatives like online bookings, and attractive retail finance schemes," Guleria said.

HMSI launches online booking platform for contactless customer engagement

Honda Motorcycle and Scooter India said it has launched online booking platform on its official website in order to strengthen contactless customer engagement in times of social distancing.

Honda Motorcycle and Scooter India launch BSVI version of Livo at Rs 69,422

Honda Motorcycle and Scooter India (HMSI) on Tuesday said it has launched BSVI version of its 110-cc bike Livo at a starting price of Rs 69,422 (ex-showroom).

Two-wheeler segment may see double digit sales dip in FY21: HMSI

The company remains optimistic on the long-term growth prospects of the domestic two-wheeler industry

HMSI plans local production of some imported premium bikes from next fiscal

The two-wheeler major is also looking to have a separate exclusive sales network for the premium bikes

Honda Motorcycle & Scooter launches BSVI Dio, price starts at Rs 64,584

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.