With the new CBR150R, Honda could boost sales but only if they price the bike aggressively, says Faisal Ali Khan of MotorBeam.com
The car will now be available between Rs 7.49 lakh (Rs 749,000) and Rs 9.89 lakh (Rs 989,000) -- ex-showroom, Delhi, a statement from Honda Siel Cars India said.
HSCI has now appointed Seki Inaba the director (marketing) for the Indian market. Inaba, who takes over from Tatsuya Natsume, will be responsible for marketing, sales and after-sales initiatives of the company in the country.
Honda Siel Cars India on Tuesday reported an impressive 58.5 per cent per cent sales growth to 1,827 units in November 2003 over 1,152 units in the same month last year.
It was a ride on the fast lane for motorcycles in India with sales in the domestic market going up as much as 19 per cent in the just-ended financial year to 49,64,442 units.
Announcement comes following a production cut by Honda Motor at its plants in Japan following a shortage of components due to the impact of the Tsunami on its parts suppliers.
The company, which runs operations in India through a joint venture with the Siel Group -- Honda Siel Cars India -- said the recall will cover only the third-generation City models that were manufactured between November 2008, and December 2009.
"The compact petrol 1.2 litre car will be configured to international markets and will not compete with the small cars available in India. Depending on market conditions, we will import the hybrid version from Japan later," M Takedagawa, president and CEO, said on Monday.
American golf professional Jason Bohn suffered a mild heart attack after the second round of the Honda Classic at Palm Beach Gardens in Florida on Friday, according to PGA Tour officials.
Two-wheeler giants and IPL associate sponsors Hero Honda on Wednesday rubbished media reports, which claimed that they have bought stake in Indian Premier League franchise Kings XI Punjab.
Honda has been ordered to pay 64,000 to an Indian worker who was forced to quit after suffering racial abuse at work. Shah took Honda to a tribunal that finally ruled in his favour despite an attempt by managers to falsify documents and training records in a bid to dispute his claims.
There are signs of Maruti taking Honda Mobilio seriously.
The newly-launched car is aggressively priced for the feature it offers.
HCIL will voluntarily replace airbag inflators of 2,23,578 vehicles of previous generations of CR-V, Civic, City and Jazz.
India's largest motorcycle maker, Hero Honda Motors Ltd, launched its cheapest 100 cc motorbike yet on Wednesday, hoping to blunt competition from main rival Bajaj Auto Ltd.
Honda Siel Cars India is seriously considering Tamil Nadu and three other states for setting up its second India manufacturing facility, which will be producing small cars.
While petrol starts at Rs 499,000 and goes up to Rs 760,000, the diesel variant is priced between Rs 599,000 and Rs 760,000.
Automobile (auto) retail sales in India grew by an impressive 14 per cent in July compared to the same period last year, driven by a surge in the rural economy, good product availability, and product launches. While passenger vehicles (PVs) saw a 10 per cent increase during this period, inventory levels have surged to a historic high of 67-72 days in PVs, equating to Rs 73,000 crore worth of stock, according to the Federation of Automobile Dealers Associations (Fada). This poses a risk to dealer sustainability. Inventory levels in July 2023 were only 50-55 days, equating to a stock worth Rs 49,833 crore. In June 2024, inventory was between 62 and 67 days, with a stock value of Rs 60,000 crore.
Post split from Hero, the company has chalked out aggressive plans for India.
The other features of the CR-V such as 2.4 litre i-VTEC engine, Real-Time 4 wheel-drive, 6-speed manual and 5-speed automatic transmission with Grade Logic Control and drive-by-wire Throttle System remain the same as before.
Hero Honda Motors, the country's largest motorcycle maker, on Friday said its sales rose by a modest 4.9 per cent in July 2003 to 143,141 units from 136,360 units in the same month last year.
Honda will name their new team for 2006 in agreement with future sponsors.
The Honda CB Trigger offers good performance while being quite frugal and dynamically potent writes Faisal Ali Khan of MotorBeam.com.
The latest variant, called the V-grade Honda City, comes with new features such as five spoke alloy wheels, new front fog lamps, chrome door handles, sporty exhaust finisher and front and rear mud guards. It will be available both in manual and automatic transmissions.
Honda will return to Formula One in 2015 as McLaren engine partners, replacing Mercedes, sources close to the company said on Wednesday.
The investment will allow the plant, which currently builds car parts, to produce full vehicles.
The car will be priced aggressively compared to its rivals.
Japanese auto major Honda on Monday said it will recall 72,115 units of its mid-sized sedan City in India to replace defective power window switches as part of a global exercise.
The country's largest two-wheeler maker, Hero Honda, on Tuesday said it has increased the prices of its products by up to Rs 1,000 with immediate effect due to rising input costs.
The Amaze accounted for more than half of Honda Car India's sales last month.
Japan's Honda Motors on Wednesday unveiled its second bike -- 125-cc 'Shine' -- in the Indian market and said it will invest Rs 400 crore
The Accord has been Honda's money-spinner for the last 25 years in markets like the US. It's so good that it has been a top two best-seller for the last 15 years -- now that's a record.
Honda hasn't gone to town updating every single panel and trim
Japanese auto giant Honda on Thursday said it will set up a third two-wheeler manufacturing facility in India at Narsapuram, in Karnataka, with an installed annual capacity of 12 lakh units by 2013.
Honda Motor president and CEO Takeo Fukui on Tuesday announced the company will launch a small car in India as it goes in for a new plant to expand capacity in the country.
The Jazz has big, wide, lightweight doors that are almost 3 kg lighter than the ones in the older model.
Carmaker Honda Siel Cars India on Thursday launched an advanced version of its premium sedan Accord with a 3.5 litre i-VTEC engine, priced between Rs 24.8 lakh (Rs 2.48 million) and Rs 25.35 lakh (Rs 2.535 million), ex-showroom, Delhi.
