The severity of the slide stokes fears that a long-anticipated car sales collapse may be arriving
"The auto sector continues to witness high de-growth due to poor consumer sentiment," HCIL Senior Vice President and Director, Sales and Marketing Rajesh Goel said
The company said replacement will be carried out free of cost at HCIL dealerships across the country from July 29, 2019 and the company will communicate with customers directly
Honda said the plan involves Honda and Acura vehicles with air bag inflators used in earlier recall repairs
However, it will continue with its proposed expansion in Gujarat
HCIL said it also exported a total of 450 units during last month
Japanese auto major Honda will continue to offer diesel models in India even after BS-VI emission norms kick in, unlike Maruti Suzuki which has decided to stop selling diesel cars from April 1, 2020. According to a senior official of Honda Cars India Ltd (HCIL), the company plans to upgrade its two diesel engines, which power models like Amaze, City, WR-V, BR-V, Civic and CR-V to conform to stricter BS-VI emission norms. The auto major plans to start rolling out models with upgraded BS-VI engines in both petrol and diesel from the fourth quarter of this fiscal. "From our experience, for the fuel choice among petrol or diesel, 80 per cent of customers make a rational choice based on consideration of driving distance and recovery period. However, there are still 20 per cent customers who make an emotional choice towards a particular fuel," HCIL Senior Vice President and Director (Marketing & Sales) Rajesh Goel told PTI. The company will take care of these 20 per cent emotional ...
The closure of the Swindon factory in southern England is expected to result in 3,500 job losses
Honda built just over 160,000 vehicles at its Swindon factory in southern England last year
Honda is currently working on the quantum of the price increase
Dealers will replace the latches, but currently, they have only a limited parts supply
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
The new Amaze has contributed 50 per cent of total HCIL sales during April-September period of the current fiscal
'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
It is for the first time Honda has introduced the diesel powertrain to the CR-V line-up in India
Honda says it is ahead of schedule with more than 77 per cent of existing recalls repaired
Honda's arch-rival Toyota, too, has been exporting parts and aggregates from India
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
The inspection and replacement would be carried out free of cost at authorized Honda car dealerships across India starting 26th July 2018
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