Honda Power Company on Monday said its subsidiary Honda Power Pack Energy has partnered with sustainable transportation solution provider Bhago Mobility to offer green fleet management services for last-mile delivery in the electric vehicle segment. Under the collaboration, Bhago Mobility will deploy Honda e: Swap-powered electric vehicles at strategic locations in Bangalore and Delhi, benefiting the e-commerce fleets as well as vehicles engaged in passenger mobility, the company said. Bhago Mobility will launch 100 vehicles within the next few months of 2024 and aims to reach 10,000 vehicles in the next three years, it said. Honda Power Pack said that Bhago Mobility's dedicated hubs will provide electric cargo vehicles round the clock. These vehicles with swappable battery packs will be stationed within a 10-km radius of every metro station, it said. Bhago Mobility's electric cargo vehicles powered by Honda e:Swap's technology offer quick battery swaps resulting in higher levels o
Honda has laid out ambitious plans, but it has been far too slow on the execution. By 2030, it wants to have 30 electric motorbikes on the road and be selling 4 million models worldwide a year
Between April and June 2024 Honda exported 10,659 units of the Elevate meanwhile it sold 5,435 units of the Elevate in Indian market
Japan's second-largest automaker by volume forecast full-year operating profit would rise to 1.42 trillion yen compared with an average profit estimate of 1.39 trillion yen
NCAP tested the Honda Amaze again and gave it a 2-star rating. The Japanese company said the requirement for electronic stability control led to a lower rating
The technology company was followed by auto company Honda and e-commerce giant Amazon
Japanese automaker Honda's profit rose 3.5 per cent in the October-December quarter from a year earlier on the back of solid demand in the US and Europe and a recovery in its home market, the company said on Thursday. Tokyo-based Honda Motor Corp's profit in the last quarter was 253.3 billion yen, or USD 1.7 billion. Quarterly sales jumped 21 per cent to 5.39 trillion yen (USD 36 billion). A favourable exchange rate helped amplify Honda's overseas profits in yen terms and is expected to continue through the rest of the fiscal year, which ends in March. The dollar has been trading at about 148 Japanese yen, up from about 140 yen last year. All the automakers have been hurt by shortages of computer chips and other parts, partly due to disruptions in manufacturing because of the coronavirus pandemic. The latest results show Honda has mostly but not yet fully recovered to pre-pandemic levels in some locations. Honda's motorcycle sales grew in recent months in Brazil and Europe, accord
The recall includes certain Honda Pilot, Accord and Civic sedan made between 2020 and 2022, and some Honda CR-V and Passport vehicles manufactured between 2020 and 2021
Those models, including an entry-level $25,000 car, would allow it to compete with cheaper gasoline-powered cars and a growing number of inexpensive EVs, such as those made by China's BYD
Canada's industry minister's office said that reports about Honda looking to make a significant investment in Canada speaks to the quality of the country's workforce and the strength of its industry
Honda Cars India Ltd on Monday reported a 12 per cent rise in domestic sales at 7,902 units in December as compared to 7,062 units units in the same month a year ago. Exports stood at 3,749 units last month as against 1,388 units in December 2022, Honda Cars India Ltd (HCIL) said in a statement. "The sales momentum in December has been extremely positive for us in both factory despatches and retail as our network maximised the deliveries for the new SUV Elevate to our customers," HCIL Director, Marketing and Sales, Yuichi Murata, said. He said the company is looking forward to 2024 "with tremendous positivity and optimism" with strong sales momentum and growing market potential, backed by a robust business plan.
To address the issue, dealers will replace the fuel pump module, free of charge, the NHTSA said
Honda Cars India plans to increase prices of its vehicles from January in order to partially offset the impact of riding input costs, according to a senior company official. The Japanese carmaker sells three models -- Elevate, City and Amaze -- in the Indian market. In an interaction with PTI, Honda Cars India Vice President (Marketing and Sales) Kunal Behl said the company will increase the prices of its models from next month due to pressure on input costs. "The model-wise amount of increase will be finalised by the end of this month. Our new model Elevate which was launched at an introductory price has been well received by the market with very high customer consideration. The introductory price will be valid till December 23 and price will be revised from January 2024," he noted. Maruti Suzuki, Mahindra & Mahindra and Audi India have also announced plans to hike prices of their passenger vehicles in January 2024 citing reasons, including cost pressure driven by overall ...
The company highlighted India and the Asean region as places where it aims to expand market share. Mihara said new production facilities will "highly likely" be in India and Southeast Asia
Honda is recalling nearly 250,000 vehicles in the US because bearings can fail, causing the engines to stall and increasing the risk of a crash. The recall covers certain 2018 and 2019 Honda Pilot SUVs and Odyssey minivans and some 2017 and 2019 Ridgeline pickup trucks. Also affected are certain 2015 to 2020 Acura TLX cars and some 2016 to 2020 Acura MDX SUVs. Honda says in documents posted on Friday by the National Highway Traffic Safety Administration that connecting rod bearings in the engine can wear and seize due to a manufacturing error, damaging the engines. The engines could run improperly or stall while being driven, increasing the risk of a fire, crash or injury. The automaker says in documents that it has 1,450 warranty claims due to the problem but no reports of injuries. Dealers will inspect and repair or replace the engines if needed. Owners will be notified by mail starting January 2.
Japanese auto major Honda is all set to introduce its India-made mid-sized SUV Elevate in the Japanese market next year. It would be the first instance that a product manufactured by Honda Cars India Ltd (HCIL), a wholly-owned unit of the Japanese firm, will be exported to the highly regulated Japanese market. HCIL is rolling out Elevate from its Tapukara (Rajasthan-based) production facility. "After its successful debut in India earlier this year, Elevate is scheduled for Spring 2024 launch in the Japanese market under the brand name WR-V," an HCIL spokesperson said in a statement. In a first for HCIL, the model will be manufactured in India and exported to Japan, it added. "This strategic move is a strong reflection of manufacturing capabilities of India operations and also solidifies our vision of making the country a key export hub in Honda business," the spokesperson said. The company's Tapukara-based plant is fully equipped to take care of the domestic as well as export ...
Honda Cars India on Wednesday posted a 17 per cent increase in total wholesales at 13,083 units in October. The company had dispatched 11,221 units in the year-ago period, the automaker said in a statement. Domestic sales stood at 9,400 units last month as against 9,543 units a year ago. Exports grew to 3,683 units last month as against 1,678 units in October last year, it added. "There is a strong demand during the festival period with incredible response for our new model Elevate from our customers. We are actively working to meet the strong demand for the model," Honda Cars India Director (Marketing and Sales) Yuichi Murata said. The City and Amaze models have also maintained their good performance, he added. "As we near the auspicious celebrations of Dhanteras and Diwali, our dealerships are focusing on maximising deliveries to our esteemed customers," Murata said.
Honda's MotoGP team and former world champion Marc Mrquez will be ending their 11-year partnership at the end of the season, the Japanese engine maker said Wednesday. Driving a Honda, Mrquez won six world championships, won 59 races, and secured 64 pole positions in the MotoGP class. His last world championship came in 2019. The 30-year-old Spaniard has struggled with injury since he broke his right arm in the 2020 opener. He is currently 15th in the points standings. The agreement will cut short Mrquez's current contract by a year. Both parties agreed it was in their best interests to each pursue other avenues in the future to best achieve their respective goals and targets, Honda said in a statement.
Honda Cars India Ltd on Sunday reported a 13 per cent increase year-on-year in domestic sales at 9,861 units in September 2023. Newly launched mid-size SUV Elevate received good response in the market and the deliveries of the model started from last month, Honda Cars India said in a statement. "The new SUV has emerged as a frontrunner and is contributing significantly to the sales momentum during this festive season," Honda Cars India Ltd Director, Marketing and Sales, Yuichi Murata said. He further said, "The auto industry is experiencing strong demand at the beginning of the festive season. With an extended festive period this year, we expect this momentum to continue, which is very encouraging." Exports last month stood at 1,310 units, the company said.
Honda had unveiled Elevate in June and opened bookings then. For some variants, the SUV already has a waiting period of as long as 5-6 months