Page 6 - Honda

Sony, Honda unveil their joint electric vehicle brand 'Afeela' at CES 2023

The new car will be sold first in the US in 2026 and pre-orders are said to open in 2025, reports The Verge

Public sector Indian Bank ties with Honda Cars to offer financing solutions

Public sector Indian Bank has tied up with automaker Honda Cars India Ltd towards offering financing solutions to its customers, the city-headquartered bank said on Friday. This partnership would allow customers to bring home their favourite Honda vehicles through financing options provided by the bank. "The association with Honda Cars India Ltd will allow us to provide faster financing to a large number of our customers across the country." Indian Bank retail-assets general manager Vikas Kumar said. "We are confident that our digital loan procedure, will provide customers who want to acquire a new vehicle for themselves and family, ease and comfort at its best." he said. The financing options would be available across 5,700 branches of the bank present in the country. "The collaboration with Indian Bank seeks to provide all Honda customers with simple financing options, as well as best-in-class ownership experience and assistance," Honda Cars India Ltd vice-president marketing an

Honda Cars India ties up with Indian Bank to provide vehicle loans

Honda Cars India (HCIL) on Friday said it has tied up with Indian Bank to provide vehicle finance for its customers. The partnership will offer easy loan disbursement, reasonable interest rates, special offers, flexible policies and simplified process, the company said in a statement. The customers can avail financing benefits across over 5,700 branches of Indian Bank and HCIL dealer network across the country, it added. ********* MBRDI, Mercedes-Benz India partner for electric vehicle module course at RV College of Engineering * Mercedes-Benz Research and Development India (MBRDI) on Friday said it has partnered with Mercedes-Benz India to introduce an all-new electric vehicle module in its Advanced Diploma Automotive Diploma (ADAM) course offered at RV College of Engineering in Bengaluru. MBRDI has also contributed a high-tech EV lab to upskill the talent pool in the country and support the industry as it transitions towards electric mobility, the company said in a statement.

Honda to hike prices of entire model range by up to Rs 30,000 from Jan

Japanese car maker Honda on Friday said it is planning to increase prices of its entire model range by up to Rs 30,000 from January to partially offset the impact of rising input costs and prepare products in compliance with upcoming stricter emission norms. The company, which is present in the country through a wholly-owned subsidiary, joins the likes of market leader Maruti Suzuki, Hyundai, Tata Motors, Mercedes-Benz, Audi, Renault, Kia India and MG Motor, who have also made the year-end announcements to hike prices from the next month. "After assessing the consistent increase in the input cost of raw materials and upcoming regulatory requirements, we will have to undergo a price revision for our products from January 23. The increment will be in the range of up to Rs 30,000 and vary from model to model," Honda Cars India Vice President (Sales and Marketing) Kunal Behl told PTI. As per the second phase of BS-VI emission regulations, to be effective from April 2023, vehicles will

Honda Cars India's domestic wholesales up 29% in Nov to 7,051 units

Honda Cars India on Thursday said its domestic wholesales increased 29 per cent to 7,051 units in November 2022 as compared to the same month last year. The company had dispatched 5,457 units to dealers in November 2021. Exports last month stood at 726 units as compared with 1,447 units in the year-ago period. Riding on the back of relatively better economic prospects, the demand for cars has continued well post the festive season and this momentum is also visible in our sales numbers, Honda Cars India Director, Marketing and Sales Yuichi Murata said in a statement. The company is positive that the trend will continue and it will be able to cater to the growing demand as the country goes back to the pre-pandemic mode, he added.

Honda Cars ties up with Maruti Suzuki Toyotsu for vehicle scrapping

Honda Cars India on Monday said it has tied up with Maruti Suzuki Toyotsu for vehicle scrapping. The initiative will allow Honda to offer its customers an end-to-end solution for scrapping their End of Life Vehicles (ELVs). With this tie-up, the Japanese automaker strives to assist its customers to get the best value for their ELVs and facilitate hassle-free deregistration and issue of Certificate of Deposit/ Destruction through its dealer partners, Honda Cars India Ltd (HCIL) said in a statement. Maruti Suzuki Toyotsu India (MSTI) is a government-approved ELV scrapping and recycling company, which is setting up scrap and recycling centres in the country. The service alliance will begin in Delhi NCR, Haryana and Uttar Pradesh. The coverage area will expand with the addition of new scrappage centres by MSTI in future. "The Vehicle Scrappage Policy by Government of India stipulates scrappage and deregistration of old vehicles to promote phasing out of unfit vehicles from the roads,

Honda Cars report 18% rise at 9,543 units in wholesales in October

Honda Cars India on Tuesday reported a 18 per cent increase in domestic wholesales at 9,543 units in October. The company had dispatched 8,108 units in the domestic market in October last year. The automaker said it exported 1,678 units last month, as against 1,747 units in the year-ago period. "This festive season has been remarkable for us as we registered a healthy growth of 18 per cent in our domestic sales in October. Our dealer network has been buzzing with activity during this period, witnessing strong demand for all our Honda models," Honda Cars India Director, Marketing and Sales Yuichi Murata said in a statement. The improvement on the supply side benefited the automaker to realise this result, he added.

Japan's Sony, Honda jointly making EVs for delivery to US by 2026

A new electric car company that brings together two big names in Japanese business, Honda and Sony, officially kicked off on Thursday, with both sides stressing their common values of taking up challenges and serving people's needs. The electric vehicle from Sony Honda Mobility Inc. will go on sale in 2025, with deliveries coming first in the US in early 2026, and in Japan later that year, Chief Executive Yasuhide Mizuno told reporters. Pre-orders start 2025. In March, Sony Group Corp. and Honda agreed to set up the 50-50 joint venture, with the idea of bringing together Honda's expertise in autos, mobility technology and sales with Sony's imaging, network, sensor and entertainment expertise. Production will take place at a Honda plant in the US, but details such as pricing, platform and the kind of battery to be used were not disclosed. Production volume was also not given, but officials said this was a special model and not intended for massive sales. Mizuno, who is from Honda M

Honda Cars' domestic PV sales jump 29% to 8,714 units in September

The company's product range includes Honda Jazz, Honda Amaze, Honda WR-V, Honda City and Honda City e:HEV

Honda Cars eyes comeback with a slew of new SUVs across multiple segments

Firm kick-starts feasibility study on a pure electric model

Honda lines up Rs 260 cr to upgrade sales network with SUV push on anvil

Japanese automaker Honda along with its dealer partners plans to invest around Rs 260 crore to upgrade its dealerships across India to make them more premium as it gears up to drive in sports utility vehicles in the market starting next year, as per a senior company official. Honda's dealer network in the country currently comprises 330 facilities in 242 cities. The company, which is present in the country through a wholly-owned unit, had initiated the project in 2019 but it had to be scaled down due to the impact of the pandemic on the dealers' business. "With COVID situation improving a lot, we have renewed our focus on revamping the entire sales network and putting it on a fast track. There are still some challenges about capacity and time, but our effort is to maximise the number of revamped outlets in this year and next year," Honda Cars India Vice-President (Marketing and Sales) Kunal Behl told PTI in an interaction. The move to make the outlets premium is to cater to the ...

Austrian Grand Prix: Honda Team look ahead after challenging weekend

A learning Sunday in Austria as the Honda Team walk away from the Red Bull Ring without reward, aiming for more in Misano

Japan's Honda sees profits declining by 33% on semiconductor crunch

Honda's fiscal first-quarter profit fell 33% from last year as a global computer chip shortage, a pandemic-related lockdown in China and the rising costs of raw materials hurt the Japanese automaker

Japan carmakers output falls 21% in April, hit by China lockdowns

Procuring car parts became difficult as strict lockdowns were imposed in Shanghai and other cities

Honda City e:HEV: Strategic rollout, takes sedan experience to next level

At 26 km per litre, the electric hybrid sedan boasts a range-topping mileage

Honda India Power surges 13%; stock hits over four-year high

The company remains confident of gasoline fueled engine and water pump business to perform well. It anticipates complete transition to gasoline from kerosene-powered products.

Electrification not silver bullet for achieving carbon neutrality: OICA

OICA is an international trade association which comprises 39 national automotive industry trade associations. India's auto industry lobby group SIAM is a member

Why no one talks of co-opetition in advertising

Coopetition or co-opetition (sometimes spelled co-opertition) is a neologism coined to describe cooperative competition

Honda Cars reports 13% dip in domestic sales to 7,874 units in April

Honda Cars India Ltd (HCIL) on Sunday reported a 13 per cent decline in domestic sales to 7,874 units for April.

HCIL starts production of Honda City e:HEV, launch early next month

Honda Cars India Ltd (HCIL) on Tuesday said it has started production of the upcoming electric hybrid version of its popular sedan, City. The new 'Honda City e:HEV' will be launched early next month. It is being manufactured at the company's manufacturing facility at Tapukara in Rajasthan. Customers can book the new Honda City e:HEV at dealerships across the country with a booking amount of Rs 21,000 or online through the company's website with an amount of Rs 5,000, HCIL said in a statement. "The milestone also marks our commitment to bring advanced technologies for Indian customers and the beginning of our electrification journey in India. As a company, we have always been aligned with the government of India's vision of Make in India as well as bringing environmentally friendly technologies," HCIL President & CEO Takuya Tsumura said. The car's hybrid electric system produces a combined maximum power of 126 PS with fuel economy of 26.5 km/l, the company said. HCIL further said .