Competition panel slaps Rs 2,545 cr fine on top carmakers

The Competition Commission of India (CCI) on Monday slapped a penalty of Rs 2,545 crore (Rs 25.45 billion) on 14 top carmakers of the country for violating trade norms in the spare-part......

How Honda plans to topple Mahindra from No. 3 slot

In 1995, Honda Motors entered into the India market, a joint venture between Usha International of Siddharth Shriram Group, the joint venture formerly came to be known as Honda Siel Cars India Ltd.......

Honda recalls 11,500 CBR 250R bikes

Japanese auto giant Honda on Monday announced to recall 11,500 units of Standard variant of its premium motorcycle CBR 250R, which were produced and sold in India, due to defective brake system.......

How Honda is preparing for a revamp

Honda is the third-largest car maker in Japan but in India it is at a distant seventh, despite being in the market for nearly 17 years.Its India subsidiary, Honda Cars India Ltd, is readying a......