Honda

Honda to launch 10 new models in India by 2030, targets higher market share

Japanese auto major Honda will launch ten new models, including seven SUVs, in the Indian market by 2030 as it aims to bolster sales and enhance market share in the robustly growing Indian passenger vehicle market, according to a top company executive. Terming India as a top priority market for future growth along with the US and Japan, the Tokyo-headquartered automaker plans to drive in both global premium products and locally produced models to cater to the Indian passenger vehicle market which is expected to touch 60 lakh units annual mark by 2030 from around 43 lakh units currently. In an interaction here, Honda Motor Co., Ltd. Director, President and Representative Toshihiro Mibe said the automaker is finalising strategies for the Indian market amid changes in the global markets with the emergence of Chinese OEMs. Even Honda is impacted by this trend and in this kind of situation the company considers North America, Japan, and India as its growth markets. "India is going to be

Tokyo auto show highlights technology but Trump's tariffs loom large

The Tokyo Mobility Show is highlighting more than just cars or the types of fuel they use from electric to hydrogen, but also various kinds of futuristic transport. Think scuttling robotic chairs, like the Uni-One from Honda Motor Co. The Tokyo-based maker of the Accord sedan says it is all about personal mobility as a mode for quick transport by 2035. Just sit on the boxlike machine as it zips around quietly. Toyota Motor Corp. showed a helicopter-like aircraft with six propellers, which was still in development in cooperation with US aviation company Joby. Such gadgetry, as well as more regular vehicles, are on display at the show, which runs through November 9 at Tokyo Big Sight exhibition space. It was previewed to media Wednesday, ahead of its opening to the public Thursday. Looming in the backdrop of the fanfare is the threat of auto tariffs under US President Donald Trump, raised to 15 per cent from 2.5 per cent, although an improvement from the 25 per cent he slapped on ...

Honda unveils electric SUV concept; to debut in Indian market in 2027

Japanese auto major Honda Motor Co., Ltd, on Wednesday unveiled Honda 0 a (alpha), its next-generation EV, which is scheduled to go on sale in India in 2027. The Honda 0 a is being developed as an SUV that will blend with both urban and natural environments, supporting people's lives in every situation, the automaker stated while unveiling the model at the Japan Mobility Show 2025. The production model of the Honda 0 a is scheduled to go on sale globally, mainly in Japan and India, in 2027, it added. Honda 0 a would be the first battery electric vehicle model for the company in India. Honda Motor Co., Ltd. Director, President and Representative, Toshihiro Mibe, said Honda is working toward an ambitious goal of achieving carbon neutrality for all of its products and corporate activities by 2050. Although the market environment surrounding electrification continues to be uncertain, the company believes that, in the long run, the shift toward EVs will continue, he added. Therefore,

HMSI seeks to increase market share through series of new model launches

Honda Motorcycle and Scooter India (HMSI) is seeking to increase its market share in the two-wheeler sector in the country through a series of new model launches, a company official said. The company has launched two new motorcycles in the 100cc and 125cc segments in the Indian market. The current market share of HMSI in the two-wheeler sector in the country is 28 per cent, the official said. HMSI Director (sales and marketing) Yogesh Mathur said, "The company is a leading player in the two-wheeler segment in India with 28 per cent market share. We aim to raise the market share with new launches in the coming days." The Indian subsidiary of Japan's Honda Motor Company manufactures motorcycles and scooters in the country at its facilities in India. HMSI has motorcycles in the 100cc, 110cc, 125cc, 160cc and 200cc segments, and four models in the scooter segment, in India. Mathur said that in July and August, HMSI emerged as a market leader in the motorcycle and scooter segments in t

Samvardhana Motherson to buy 81% stake in Japan's Yutaka Giken for $184 mn

Auto components major Samvardhana Motherson International Ltd on Friday announced the acquisition of 81 per cent stake in Japan's Yutaka Giken Co, Ltd in which Honda is a majority shareholder, for USD 184 million (over Rs 1,610 crore). Directors of the company at their meeting held on August 29, 2025, considered and approved to acquire 81 per cent stake with voting rights in Yutaka Giken Co, Ltd (YGCL) and 11 per cent stake in Shinnichi Kogyo Co, Ltd (Shinnichi) through its indirect wholly-owned subsidiary Motherson Global Investments BV (MGI BV), Samvardhana Motherson International Ltd (SAMIL) said in a regulatory filing. YGCL is a company listed on the Tokyo Stock Exchange, and Honda Motor Co, Ltd (Honda) currently owns a 69.66 per cent stake in it, with the rest owned by the public, the filing added. Post completion of all steps, Honda shall continue to own the remaining 19 per cent voting rights shares in YGCL, SAMIL said. "The total expected cash outflow for the 81 per cent ...

Honda Cars India July sales up 3% to 7,524 units on export boost

Honda Cars India on Friday reported a 3 per cent year-on-year increase in total sales to 7,524 units in July. Domestic sales of the company stood at 4,050 units and exports at 3,474 units. "Demand remained subdued in July 2025, and we accordingly aligned our dispatches to ensure optimum inventory levels across our dealerships," Honda Cars India Vice President Marketing & Sales Kunal Behl said in a statement. With the upcoming festive season around the corner, the company is optimistic about an uptick in demand, he added.

Honda eyes 30% share in Indian 2W market, targets more women buyers

Japanese auto major Honda is targeting a 30 per cent share in the Indian two-wheeler market by 2030, as it chases the goal to achieve half of global two-wheeler sales in the long term, according to a top official of the company's arm in India. The company's arm, Honda Motorcycle & Scooter India (HMSI), sees huge potential to grow sales among female customers, who currently account for just about 10 per cent of the overall industry sales, HMSI President Tsutsumu Otani told PTI in an interview. He also said that while the company sees a shift from internal combustion engine (ICE) to electric vehicles in the two-wheeler segment in the long term, bottlenecks around charging infrastructure and electricity supplies are major impediments at present. "Considering the Indian market size, we want to achieve 30 per cent share in India by 2030," Otani said when asked about the significance of the Indian market in Honda's overall long-term goal to garner 50 per cent of global two-wheeler ...

Bombay HC quashes order refusing trademark to Yamaha, directs fresh review

In a relief to Japanese automobile company Yamaha, the Bombay High Court has set aside an order refusing it a trademark similar to one already registered by Honda Motor Company and directed the registrar, Trade Marks, to adjudicate the issue afresh. A bench of Justice Manish Pitale on June 13 said while a bare perusal of the two trademarks Yamaha's WR and Honda's WR-V may cause confusion in the minds of the public, the authority ought to have considered the case as exceptional circumstances and issued an advertisement seeking objections from the public before rejecting Yamaha's application. The court stated the authority, in its "cryptic" order, completely ignored the claim of Yamaha's international reputation while refusing the application and the fact that the company has been using the WR trademark internationally since 1990. Justice Pitale said the authority could have passed a "detailed and well-reasoned order". Yamaha Hatsudoki Kabushiki Kaisha had moved the high court, ...

Honda to expand bike output in India with new line at Gujarat plant

The new fourth line at HMSI's Vithalapur facility will add 650,000 units of capacity by 2027, making it Honda's largest motorcycle plant globally

Honda India April sales fall 23% Y-o-Y to 3,360 units; exports also dip

Honda Cars India on Thursday said its domestic sales declined 23 per cent year-on-year to 3,360 units in April. The automaker dispatched 4,351 units to dealers in April last year. Export declined to 1,511 units last month as compared with 6,516 units in April last year. "In view of the prevailing market conditions and subdued consumer sentiment, we have strategically moderated the dispatches in the month of April to maintain optimal inventory level across our network, ensuring operational efficiency and preparing for demand fluctuations without burdening the dealers," Honda Cars India VP (Marketing & Sales) Kunal Behl said in a statement. The company is introducing certain grades of Elevate at attractive new price points along with other benefits in the month of May ensuring greater value for customers, he added.

Nissan's New CEO says it needs partners and is open to Honda tie-up

The top items on Espinosa's to-do list will be to seek collaborations with companies that would help Nissan develop electric vehicles

Honda appoints Takashi Nakajima as new President & CEO of Honda Cars India

Takashi Nakajima will succeed Takuya Tsumura, who will return to Japan to join Honda's headquarters after completing his three-year tenure in India

Why Honda could lose out to local rivals in India's scooter market

With rising incomes across India and Southeast Asia, the sector is booming: McKinsey & Co reckons sales will grow at 8.7 per cent a year through 2029

Japanese group draws up plans for Tesla to invest in Nissan: Report

Some analysts, however, are doubtful of Tesla's interest in acquiring U.S. plants, citing its ample capacity at existing factories and first decline in yearly deliveries in 2024

Honda ready to revive takeover talks if Nissan CEO Uchida steps down

Nissan CEO Makoto Uchida has expressed his intention to stay until 2026, but is facing pressure to step down in coming months from board members and French partner Renault

Hero MotoCorp in crisis? Market share drops as rivals rapidly close the gap

Hero MotoCorp faces mounting challenges as market share declines, sales dip, and rivals like TVS and Honda gain ground. Leadership exits and EV struggles add to the pressure

Japanese automakers Honda, Nissan, Mitsubishi end talks on biz integration

Japanese automakers Honda, Nissan and Mitsubishi said Thursday they are ending talks on business integration. Nissan Chief Executive Makoto Uchida said the talks had changed focus from setting up a joint holding company to making Nissan into a subsidiary of Honda. The intent was to join forces to win in the global competition, but this was not going to realise Nissan's potential, so I could not accept it, he told reporters. He said that Nissan was going to aim for a turnaround without Honda instead. Honda Chief Executive Toshihiro Mibe said in a separate news conference that Honda had suggested a stock swap to speed up decision-making. I am really disappointed, Mibe told reporters. I felt the potential was great, but I also knew actions that would bring pain were necessary to realise that." The automakers agreed to end their agreement on considering a structure for a collaboration, a joint statement said. The decision was passed by board meetings at each of the companies. Honda M

Honda's nine-month profit down by 7% as it ends talks with Nissan

Japanese automaker Honda reported a 7 per cent decline in profit for the nine months that ended in December on Thursday as it terminated talks on integrating its business with Nissan. Tokyo-based Honda Motor Co. said its motorcycles business was strong, but its auto sales suffered in China and Japan, while demand stayed solid in the US. Honda's April-December 2024 profit totalled 805 billion yen (USD 5 billion), down from 869.6 billion yen the same period in 2023. Nine-month sales gained nearly 9 per cent to 16.3 trillion yen (USD 106 billion). Honda and Japanese rival Nissan Motor Corp., along with the smaller Mitsubishi Motors Corp., said in December that they were in talks to set up a joint holding company. The automakers said Thursday they were ending the talks, although existing collaborations in electric vehicles and smart cars will continue.

Boards of Nissan and Honda vote to officially end merger discussions

Nissan, Japan's third-largest automaker, backed out of $60 billion merger talks with larger rival Honda after negotiations were complicated by growing differences

Inside the collapse of Nissan and Honda's $60 billion automotive mega deal

In December, Nissan and Honda announced plans to merge, an outgrowth of talks they had been holding since March 2024, when they said they were looking to cooperate on technology