Honda Siel Cars India on Tuesday launched a new CR-V, its premium SUV model, which will be costlier by at least Rs 250,000 than the existing one
Dani Pedrosa has agreed a two-year contract extension that will keep him at Honda until 2012.
Hero Honda Motors on Friday said its motorcycle sales surged by 21 per cent in October 2003 to over 200,000 units from 165,066 units in the same month last year.
The Centre extended the deadline for implementing cleaner emission norms for two-wheelers across the country, a move that has come as a big relief for auto manufacturers, especially the country's largest two-wheeler maker, Hero Honda.
Hero Honda Motors Ltd on Wednesday reported a 20 per cent growth in net profit for the quarter ended June 2004 at Rs 190 crore against Rs 158 crore in the corresponding period last year, buoyed by a 33 per cent surge in motorcycle sales volume.
Hero Honda Motors on Wednesday said its motorcycle sales have jumped 17.6 per cent in September to 157,583 units, which it plans to increase to over 200,000 units in this month.
With US-based electric vehicle (EV) maker Tesla scouting for a suitable location for its foray in India, Rajasthan has joined the fray with a host of offers to woo the Elon Musk-led company. Other challengers include Gujarat, Tamil Nadu, and Maharashtra. Sources privy to the development said that an initial meeting between the senior executives of Tesla and the government of Rajasthan, which was held last week, turned out to be "quite positive." Tesla would now carry out a survey and is expected to share the survey details with the state's investment promotion department soon.
The car will be based on the new Jazz.
The group also said that the company's operations in India - Hero Honda Motors - would establish its third plant in 2006.
Japanese auto major Honda on Wednesday said it will focus on India and China for future growth as sales in developed markets like the United States and Europe continue to drag due to the global economic downturn.
Hero MotoCorp, India's largest two-wheeler maker, has seen a decline in its market share in rural areas since 2018, losing ground to major competitors such as TVS Motor Company, Bajaj Auto, and Honda Motorcycle & Scooter India (HMSI), according to data from JATO Dynamics reviewed by Business Standard. Hero's share of rural two-wheeler sales in India has dropped from 40.4 per cent in 2018 to 33.3 per cent in 2023. In contrast, Bajaj's share increased from 12.7 per cent in 2018 to 13.9 per cent, HMSI's from 21.8 per cent to 22.2 per cent, and TVS' from 15.5 per cent to 17.8 per cent. Suzuki Motorcycle India has also seen its share rise from 1.7 per cent to 2.5 per cent.
With a price tag of Rs 2.5 lakh Honda's latest is all spiced up to take on the upcoming Yamaha R25, Hero HX250R, KTM RC 390, Mahindra Mojo, Hyosung GD250R and Kawasaki Ninja 300
Volkswagen is looking to dislodge Honda's dominance in the premium mid-size segment in India, with the launch of a new executive sedan in the second half of this year.
Honda's chief executive apologised to British driver Jenson Button after Japan's number two carmaker pulled the plug on its Formula One team on Friday. "It's a real shame and I feel deeply sorry for Jenson Button," the CEO of Honda Motor Co Takeo Fukui told a news conference. 'We had no choice in the current financial conditions.'
For a car with a fan following like City, Honda's engineers really need to bring out their best while moving to a next generation model. So, have they? Find out...
We will continue with the same pace of product launches as we maintained in the past.
The company had sold 4,758 units in the same month last year.
The Jazz, coming at a price range of Rs 6,98,000 to Rs 7,33,000 (ex-showroom Delhi), had witnessed stock pile up last month with retail sales not picking up.
Hero Honda, the country's largest and most valuable two-wheeler company, said it logged sales of 370,575 two-wheelers in April, up 29.5 per cent from April 2008.
The urban, more sophisticated buyer will favour the BR-V over the Scorpio
Flamboyant Indian tycoon Vijay Mallya was pipped to the post by Mexican billionaire Carlos Slim Helu in the race for acquiring the Honda Formula One team, according to media reports in Rome.
Honda cars are likely to be dearer by two per cent or between Rs 14,000 and Rs 30,000 from next month.
A similar sharp surge came in the first quarter ending June, when net profit rose by 83 per cent to Rs 500.11 crore (Rs 5 billion).
Passenger vehicle sales are expected to experience muted growth in the current financial year.
To ride the Honda CRF 1000L Africa Twin you need to master the electronic functions first, says P Tharyan.
The two-time British Open champion committed a rules violation during the second round of the Honda Classic. \n\n
At Rs 46,534 (ex-showroom, Mumbai), the Jupiter is a well rounded package offering tremendous value for money, writes Faisal Ali Khan of MotorBeam.com.
He also became the first player on the Asian PGA Tour to cross the million-dollar mark in career earnings.
The SX variant sits right between the mid-level S and top of the line VX variant.
Both the MPVs were recently unveiled in the Indonesian market and will soon be launched in India to lure the customers.
Honda Siel Car India has hiked prices of its 'City' and 'Accord' models following the announcement of a 2 per cent cess on all the major tax heads for education.
India's luxury car rental market is experiencing a surge in demand, particularly in Tier 1 cities such as Mumbai, Bangalore, and Delhi, with executive travellers, especially from the tech sector and younger demographics like the millennials and the Gen Z, increasingly renting high-end vehicles for special occasions and domestic travel. Luxorides, a luxury car rental company, observed a 40 per cent year-on-year rise in bookings in 2024 (until April) on popular routes like Delhi-Rishikesh, Delhi-Vrindavan, and Delhi-Jim Corbett National Park, as well as Chandigarh-Manali and Chandigarh-Ladakh.
The heart breaking Japanese catastrophe and huge booking orders of Etios saloon being the respective reasons.
Swift Dzire has clocked 2.5 million in sales, and you might, in a non-too-distant future, see headlines that the DZire has done 3 million as well, observes Suveen Sinha.
To win the 2014 election against Congressman Honda, Khanna seems to have adopted Obama's campaign strategy and has hired a series of people who worked for the President's campaign.
With the expansion of its greater Noida plant almost complete, Honda Siel Cars India Ltd expects to enhance its production from 30,000 to 50,000 units a year.
