As part of further organisational restructuring, the company has elevated Kunal Behl to vice-president- marketing and sales
Last year the automaker had confirmed that it was in the process of developing an India specific SUV
Honda is investing 5 trillion yen ($40 billion) over the next decade in research, especially to realize a major shift to ecological electric vehicles, the Japanese automaker said Tuesday.
The key challenge in the EV era is the global procurement of batteries
Honda India Power Products announced its foray into the marine outboard business and aims to corner around 10 per cent market share in the 4-stroke engine segment in the first three years.
The company has commenced pre-bookings for the new model which competes with the likes of Honda City, Hyundai Verna, Maruti Suzuki Ciaz and Skoda Slavia
Western companies have spurned Moscow following the invasion, stopping sales in Russia and even saying they would exit investments there
The company had sold a total of 442,696 vehicles in February 2021, it said in a statement on Tuesday
Honda Cars India on Tuesday reported a 23 per cent decline in domestic sales to 7,187 units for February.
Honda motorsport boss Masashi Yamamoto believes the Japanese manufacturer will return to F1 at some point in the future
Honda Cars India Ltd (HCIL) on Saturday reported a 26 per cent year-on-year increase in its domestic wholesales at 89,152 units in 2021.
The car is powered by Honda's 1.2L i-VTEC petrol engine and 1.5L i-DTEC diesel engine, available in manual and CVT versions for both fuel options.
With input costs continuing to rise, automakers like Tata Motors, Honda and Renault are looking to increase vehicle prices from January next year to offset the impact. Already, car market leader Maruti Suzuki and luxury automakers Audi and Mercedes-Benz have announced to hike vehicle prices from next month. While Maruti said the price rise planned for January 2022 will vary for different models, Mercedes-Benz said its hike will be on select models by up to 2 per cent due to feature enhancement and rising input costs. On the other hand, Audi said its price increase effective January 1, 2022 will be up to 3 per cent across its entire model range owing to rising input and operational costs. When contacted over the issue, Tata Motors President Passenger Vehicles Business Shailesh Chandra said:"Prices of commodities, raw material and other input costs continue to rise. An appropriate price hike to at least partially offset this increase in costs seems inevitable in the near to short ...
Honda Cars India Ltd (HCIL) on Wednesday reported a 31 per cent decline in total sales at 6,904 units in November 2021. The company had sold a total of 10,021 units in the same month last year. Domestic sales were at 5,457 units in November 2021 as compared to 9,990 units in the same month last year, HCIL said in a statement. Exports were at 1,447 units last month as against 31 units in the year-ago month, it added. Commenting on the sales performance, HCIL Senior Vice-President and Director-Marketing & Sales, Rajesh Goel said despite consistent demand in the market, supply-side issues owing to the global chip shortage remain a concern. "The company had to resort to non-production days in November 2021 because of the same. We have been selling our entire production stock during the last few months and making all efforts to meet the market demand as much as possible," he added.
The company said it will focus more on the services segment of the business rather than sales, going ahead
Honda Motor Co cut its full-year profit forecast as a persistent global shortage of semiconductors forces it to cut vehicle production and rising steel and material prices eat into profit margins.
Exports stood at 1,747 units last month as compared to 84 units in October 2020
Honda Cars India on Wednesday said it has rolled out festive offers, ranging up to Rs 53,500, on its entire model line-up till the end of this month. With the onset of the auspicious period of 'Navratri, customers can avail a host of attractive offers while purchasing Honda cars across all authorised company dealerships till October 31, 2021. The special offers for customers will be in the form of cash discounts, accessories, loyalty bonus and special exchange benefits, the automaker said in a statement. The company is offering festive offers worth Rs 53,500 on the 5th Generation City, up to Rs 22,000 on 4th Generation City, up to Rs 18,000 on Amaze, up to Rs 40,100 on WR-V and up to Rs 45,900 on Jazz, it added. "Festivals give us a reason to celebrate and always have a special place in our lives. This festive season we are delighted to provide exciting offers and promotions for our entire Honda product line to make car purchase more rewarding bringing the much-needed joy during th
Honda Cars India Ltd (HCIL) on Friday reported a 33.66 year-on-year dip in domestic sales at 6,765 units for September. The company had sold 10,199 units in the domestic market during September 2020, HCIL said in a statement. Exports stood at 2,964 units last month as compared with 170 units in September 2020, it added. "On the demand side, there is good momentum in the market with improved buying sentiment. "However, the supply chain hurdles, including the widespread chip shortage, have been a big challenge right now for the industry, which impacted our production volume and despatches during last month," Honda Cars India Senior Vice-President and Director (Marketing and Sales) Rajesh Goel said. The company would continue to align its production through best efforts to tide over this shortage in the coming months, he added. "With the onset of the auspicious Navratra period next week, the festive season will see further rise in demand for our refreshed line-up and we are positive
Automobile major Honda has announced it will integrate Google's Android Automotive OS into an all-new model that will be launched in the second half of 2022