Hurricanes, flooding, and water supplies threaten assembly lines of Japanese auto companies
Honda Motorcycle Scooter India (HMSI) on Monday said its total vehicle sales were up by 15 per cent at 4,43,643 units in July. The same stood at 3,84,920 units in the year-ago period. Domestic sales grew 18 per cent to 4,02,701 units in the previous month compared to 3,40,420 vehicles sold in July 2021, the company said in a statement. The exports, however, declined 8 per cent at 40,942 units in the last month, it stated. HMSI Managing Director, CEO and President, Atsushi Ogata said that factors such as good monsoon and increased demand for personal mobility has translated well to rise in customer walk-ins and enquiries. With the coming festive season, the company expects to regain the growth momentum at a faster rate, Ogata added.
Royal Enfield announced appointment of ex-Honda Motorcycle and Scooter India executive Yadvinder Singh Guleria as its Chief Commercial Officer (CCO)
The company had sold a total of 442,696 vehicles in February 2021, it said in a statement on Tuesday
Honda Motorcycle & Scooter India (HMSI) on Wednesday launched its new bike CB300R priced at Rs 2.77 lakh (ex-showroom Delhi). Bookings for the bike are open from Wednesday for the new CB300R at Honda's exclusive premium BigWing and BigWing Topline dealerships across India, HMSI said in a statement. The new CB300R is powered by a 286cc 4-valve liquid cooled single cylinder engine. It comes equipped with an assist and slipper clutch, which provides an assist function for clutch operations requiring less load compared to a regular clutch mechanism. The slipper function reduces unpleasant shocks caused by sudden engine braking during downshifts, ensuring less fatigue and more comfort for a variety of rides, the company said. "With distinctive features and dynamic road presence, we are confident customers will be delighted with the new CB300R," HMSI Managing Director, President & CEO Atsushi Ogata said. The Neo-Sports Cafe inspired 2022 CB300R was unveiled in December at the India .
Honda Motorcycle & Scooter India (HMSI) on Tuesday said Honda de Mxico has initiated exports of NAVi bike to the US market. HMSI had commenced export of NAVI CKD kits to Mexico in July 2021 and has so far dispatched over 5,000 kits to the country. "The NAVi deliveries to the US market via Honda Mexico has further strengthened our export portfolio in advanced markets, the new expansion has given us an opportunity yet again to set new standards of global manufacturing quality in India," HMSI Managing Director, President and CEO Atsushi Ogata said in a statement. Honda NAVi is a crossover, which combines the advantages of a scooter with the characteristics of a motorcycle. The product that originated from India is garnering a cult following with great success in overseas markets. HMSI started NAVi exports in 2016. Since then, the company has dispatched over 1.8 lakh to 22 diverse export markets led by Asia, Middle East and Latin America.
The company had introduced the second generation of the compact sedan in May 2018
The duo account for close to 60% of the domestic two- wheeler market
Honda Motorcycle and Scooter India Pvt Ltd (HMSI) on Saturday reported an 8 per cent decline in total sales at 4,82,756 units in September. The company had posted total sales of 5,26,866 units in the same month last year, HMSI said in a statement. Domestic sales in September this year stood at 4,63,679 as against 5,00,888 units in the year-ago month. Exports were at 19,077 units as compared to 25,978 units in September last year. Commenting on the sales performance, HMSI Director Sales & Marketing Yadvinder Singh Guleria said, "We are gaining back the momentum with each passing month witnessing a rise in customer enquiries." Stating that the coming few months will be decisive in determining the growth forecast with the year's most awaited time of festivals just around the corner, he said the company's network across India is all geared up and ready.
The head of sales at HMSI says with Covid-19 cases declining, good monsoon and bumper harvest, the sector might recover soon
The firm said it has set up an overseas business vertical to spearhead its exports from the country
Honda Motorcycle & Scooter India (HMSI) on Thursday reported domestic sales of3,95,037 units in March this year. The company had sold 245,716 units in the same month last year when sales were impacted by coronavirus-induced lockdown. Exports stood at 16,000 last month, HMSI said in a statement. The company said it closed FY21 with total sales of 4,073,182 two-wheelers, including domestic sales of 38,65,872 units and exports of 2,07,310 units. HMSI Director (Sales and Marketing) Yadvinder Singh Guleria said, "FY2020-21 was a year of unprecedented uncertainties. Honda resiliently overcame challenges from lockdowns to unlocks.
Sales in the first 10 months of the financial year for the segment and HMSI remain in a negative territory
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 ...
Expanding its mid-size motorcycle segment, Honda Motorcycle & Scooter India on Tuesday launched the CB350RS priced at Rs 196,000 (ex-showroom pan India)
Japanese auto major Honda on Tuesday made the global premiere of its mid-sized motorcycle, CB350RS, priced at Rs 1.96 lakh, which will go on sale in India from next month (ex-showroom pan India). The CB350RS is the second new introduction of Honda's CB family of motorcycles, which is 'Made in India for the World' after the H'ness CB350 bike which was launched last October. "Last year, Indian riders got a chance to experience 'made in India' CB brand and elevate their pride of fun riding. Today, we are excited to add another chapter to the CB series. "Exhibiting the true legacy of CB Brand, the CB350RS will add value for the Indian customer by providing contemporary style and superior stance, further enhancing the fun biking culture," Honda Motorcycle & Scooter India (HMSI) Managing Director, President & CEO Atsushi Ogata said in a virtual conference. He said since the launch of the CB92 in 1959, Honda's CB brand has "pushed the boundaries of technology. It is a beautiful ...
Honda's scooter sales plunged 37 per cent year-on-year to 1,447,002 units in the first eight months of FY21
Employees above the age of 40 or who have completed 10 years in the company are eligible for the scheme
We have prepared a list of the 10 upcoming models in 2021 in India that you may like
Rural sales at present are around 23 per cent of overall sales, which is nearly the same as in pre-Covid times