A car that gives you a better resale value will reduce the cost of your next purchase, points out Bindisha Sarang.
Honda, the Japanese carmaker, made its strong presence felt with the launch of new models and concept cars in the 2014 Auto Expo.
Significant market size in these countries would help in biz expansion
MNC auto firms that sold cars below cost, at a loss, thereby paying lower excise duty are prime targets.
Global auto companies are investing huge money to build infrastructure in the country despite the slowdown.
Japanese major's idea part of strategy to double sales in emerging markets by 2017.
They are recalling a total of about 3.4 million vehicles worldwide as a result of an airbag problem.
The company has sold 2.37 million units till February.
It has sought the permission of the Foreign Investment Promotion Board to start single-brand retail outlets.
The investment will allow the plant, which currently builds car parts, to produce full vehicles.
Rising fuel costs and a fast growing middle class makes India a potential market for microcars.
The task of usurping three leading brands is far from easy. However, Amaze has shown it can be attempted.
Japanese auto major Honda Siel Cars India (HSCI), which recently forayed into the intensely competitive small car segment with the Brio, has brought an old hand on deck to grow operations aggressively in the Indian market.
To develop a series of motorcycles for the 250-500 cc segment
A total of 15,623 Brios and 15,603 Amaze cars will be recalled
This partnership will help us improve our own capability, says Munjal.
After splitting with Honda, the company is working on developing it own intellectual property.
Pawan Munjal, MD & CEO, tells Business Standard that Hero Motor is firming up distributors abroad and considering assembly bases in some countries to sell a million units outside India by 2017.
The glorious journey of Honda City began in 1981. From then on, Honda City has gone through several transformation phases.
Apart from considering a sports utility vehicle on its premium hatchback Jazz platform, using the same 1.5 litre engine that will power the entry level sedan Amaze, R&D officials of the company said they are also working on smaller diesel engines keeping in mind the Indian market.
The model will be equipped with a petrol engine in Thailand.
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.
According to trade experts Hero MotoCorp's Maestro is going to give a tough competition to Honda Activa.
If Honda is unleashing premium bikes to take on Yamaha, the latter is getting into scooters.
Japanese auto major Honda Motor Co will commence exporting bikes by next year from India, a country which it sees as a future global hub, particularly for mass market models.
Honda Motors has developed its own diesel power-trains.
Media report says unfavourable excise structure, large investments are the main reasons
Hero promoters, the Munjals, have an agreement for sourcing technology and two-wheeler models from Honda till 2014.
Mumbai Indians, finalists in last season's Indian Premier League, have a new sponsor in Hero Honda Motors Ltd, the world's largest two-wheeler manufacturer. The Mumbai players will sport the Hero Honda logo on the front of their jerseys in the fourth edition of the IPL.
Toyota Motor Corporation and Honda Motor Corporation plan to make India a hub for sourcing components of small cars.
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.
Hero Honda Motors is planning to enter the scooter market with its first launch slated for year-end.
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.
While the Hero Group is working out a new brand strategy, Honda Motor Corporation is preparing to step on the gas and corner a larger share in what is ranked as the second largest two-wheeler market in the world.
While Hero Honda is ramping up capacity by 50 per cent, HMSI is readying itself to launch a fourth product.
In response to challenge from new diesel models in India's premium mid-size sedan car segment, Honda is developing a diesel engine for Honda City.
To sell its 26 per cent stake to the Munjals for $1.2 billion.
Honda manufactures cars at a facility in Greater Noida in Uttar Pradesh.
India's largest two wheeler-maker Hero Honda will pay Honda 45 billion yen (about Rs 2,4.5 billion) till 2014 as part of a new licencing agreement signed between the Hero Group and the Japanese auto major after deciding to part ways on their joint venture.
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.
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