Page 8 - Honda

Piaggio, KTM, Honda and Yamaha set up swappable batteries consortium

Piaggio said it had set up a consortium with Honda Motor Co., KTM AG and Yamaha Motor Co. to encourage the use of swappable batteries for electric motorcycles and light electric vehicles.

Honda reports 49% increase in domestic sales at 11,177 units in August

Honda Cars India Ltd (HCIL) on Wednesday reported a 49 per cent increase in domestic sales at 11,177 units in August as compared with the same month last year. The company had sold 7,509 units in the domestic market in August 2020, HCIL said in a statement. Exports stood at 2,262 units last month as compared with 450 units in August 2020, it added. "Positive sales momentum and overall strong demand helped us to achieve good volumes with the onset of the festive season. The celebratory fervour which began with Onam in Southern India will extend to the rest of the markets as we move towards the peak of festivities," HCIL Senior Vice President and Director (Marketing & Sales) Rajesh Goel said. The company's best-seller model -- Amaze, which has been launched in its latest avatar last month, drove commendable sales volume with 6,591 units and reinforced its position as the most preferred family sedan in India, he added. While we are quite optimistic on the demand side going forward, .

Honda Cars ties up with Canara Bank to offer finance options to customers

Honda Cars India Ltd (HCIL) on Monday said it has joined hands with Canara Bank to offer retail finance schemes to customers. The partnership facilitates HCIL customers to avail easy financing options and hassle free car loans from Canara Bank for purchase of models like Amaze, City, Jazz and WR-V, the company said in a statement. Special schemes for the auspicious festivities have also been offered to make this buying season even more attractive and rewarding, it added. The automaker said it has been partnering with multiple banks to offer such schemes across the country with a special focus on semi-urban to rural regions. The partnership with Canara Bank is an extension of our efforts towards enabling easy and convenient financing solutions for our customers. We always endeavour to enhance customer experience right from the point of purchase through years of car ownership. "We are confident that the tie-up with Canara Bank will help us meet the diverse finance requirements of ou

Honda to launch made-in-India SUV by 2023, size and pricing not disclosed

Despite Amaze's popularity, Honda feels customer preference has shifted to SUVs

Toyota, Honda beat profit estimates but are wary of extended chip crunch

Japan's top-two automakers joined a host of global car makers, including BMW, Stellantis in warning that shortage in chips was likely to persist, as post-lockdown auto demand booms in markets

Honda2Wheelers India's July sequential sales up by 66%

Two-wheeler major Honda Motorcycle & Scooter India (Honda2Wheelers India) on Tuesday reported a sequential overall sales growth of 66 per cent in July 2021.

Honda upgrades connected features on 5th gen City with Google Assistant

The company said it has enhanced the Next-Gen Honda Connect platform by introducing Honda Action on Google.

Honda plans to hike vehicle prices from August as input costs go up sharply

The company is currently working out the details of the price hike which would be implemented from August

Covid-19: Honda Cars advances maintenance shutdown of manufacturing plant

Honda Cars India on Thursday said it is advancing maintenance shutdown at its Rajasthan-based manufacturing plant by around ten days in the wake of second wave of Covid

Honda Cars posts 28% rise in domestic sales in April over March

Honda Cars India on Saturday reported a 28 per cent increase in its domestic sales to 9,072 units last month as compared to 7,103 units in March this year. The company said it has exported 970 units in April. "The current health calamity has struck the entire nation and at this time nothing is more important than the health and well-being of our countrymen. Of course, it has had an impact on the business and deliveries in the marketplace," Honda Cars India Senior Vice President and Director (Marketing & Sales) Rajesh Goel said in a statement. Many parts of the country have been on safety-related lockdowns in the last couple of weeks and the industry may see this continuing in May as well, he noted. "We are working closely with all our stakeholders and assisting in every possible way to tide through this situation," Goel noted.

Honda aims for 100% electric vehicles by 2040, says new CEO Mibe

Mibe said Honda will invest a total of about 5 trillion yen ($46.3 billion) in research and development initiatives

Automakers fear dent in sales as Covid-19 cases rise in India: Details here

Leading automobile companies like Maruti Suzuki India (MSI), Toyota Kirloskar Motor and Honda Cars fear dent in sales as Covid-19 cases surged across the country

Honda Cars recalls 77,954 units of some models to replace faulty fuel pumps

The firm started this exercise last year

Citroen C5 Aircross SUV set to launch today: Here's all you need to know

The 5-seater premium SUV can be ordered online or through Citroen's dealership.

Honda recalls more than 628,000 US vehicles to replace fuel pumps

The recall covers much of the Honda and Acura model lineup from the 2018 to 2020 model years including the CR-V small SUV, the company''s top-selling U.S. vehicle

Honda agrees to sell British car plant to logistics giant Panattoni

Honda has agreed to sell its only British car plant at Swindon in southern England to logistics giant Panattoni as the new owner reportedly plans to make a large investment at the sprawling site

Tesla's Chinese rival Nio suspends production on chip shortage

Top automakers such as Ford, Honda, GM and Volkswagen were caught off guard by the shortage even as auto demand picked up during the Covid-19 pandemic

Honda to sell limited batch of Legend sedan level 3 self-driving cars

Honda Motor Co Ltd on Thursday said it will sell a limited batch of its flagship Legend sedan equipped with level 3 autonomous driving technology that enables vehicles to navigate congested highways

Honda Cars reports 28% increase in sales at 9,324 units in February

Honda Cars India Ltd (HCIL) on Monday reported a 28.3 increase in domestic sales at 9,324 units in February as compared with the same month last year. The company had sold 7,269 units in the domestic market in February last year, HCIL said in a statement. Exports for the period under review stood at 987 units as against 64 units in the year-ago period, it added. "The market demand continues to be good which is reflected in our positive growth in February sales," HCIL Senior Vice-President and Director Marketing & Sales Rajesh Goel said. However, the shortage of semiconductor related parts impacted the company on the supply front last month, which limited its production volume and dispatches for certain models, it added. "In the coming months, we will continue to make production adjustments in order to reduce its impact on our waiting customers," Goel said. As for the industry, the company remains optimistic about the future as the demand for automobiles remains on the rise and ha

Honda Motor taps tech expert as CEO to steer firm in ecological times

Toshihiro Mibe, a research expert tapped president of Japanese automaker Honda on Friday, promised to steer the company toward new growth by focusing on ecological models and safety technology. Honda Motor Co. said Mibe replaces Takahiro Hachigo effective April 1, and subject to shareholders' approval at a meeting in June. I am going to build a house that is the future of Honda on the foundation of businesses that Mr Hachigo has worked so hard to create. And this building must have resilience, to withstand this once in a hundred years transformation, Mibe told reporters. Mibe stressed the automaker will be aggressive about developing and selling electric vehicles. Mibe, who joined Honda in 1987, had been widely expected to take the top post, according to Japanese media. He was instrumental in further forging Honda's partnership with U.S. automaker General Motors Co. GM and Honda have had a relationship for two decades, centered around collaborating on fuel cells, batteries and ...