Japanese automaker Honda plans to introduce over 10 new models, including electric vehicles and compact SUVs, in India by 2030, identifying India as one of its three key markets for future growth.
India's entry-level passenger vehicle market is experiencing a significant recovery, with mini car wholesales surging 86.3 per cent year-on-year in the first half of FY27, driven by improved affordability and stronger overall demand.
McLaren Racing is selling five fully-functioning Formula One cars, including those driven by champions Lewis Hamilton and Ayrton Senna, and one tested by Hollywood actor Brad Pitt, with prices expected to reach tens of millions of dollars.
Japanese auto major Honda has changed the name of its Indian operations to Honda Cars India Ltd following the break up of its joint venture with Usha International of the Shriram Group.
Honda is re-entering the Indian market with the ZR-V, a premium hybrid SUV designed to be a halo product and showcase its global line-up, despite its high import price and some missing features.
India's sedan market is experiencing a notable divergence: affordable entry-level sedans are gaining market share, while midsize sedans are seeing a significant decline as buyers increasingly opt for SUVs in higher price brackets.
The new City hybrid might seem expensive at Rs 21 lakh but offers a hybrid powertrain with excellent efficiency plus more aggressive styling.
Honda has invested Rs 3,526 crore in its Rajasthan unit.
The company had sold 4,758 units in the same month last year.
India-EU FTA opens a bigger European market for Indian carmakers while giving European brands greater access to India.
Honda cars are likely to be dearer by two per cent or between Rs 14,000 and Rs 30,000 from next month.
Japanese auto major Honda considers India a key market for its future growth alongside the US and Japan, according to Honda Cars India President and CEO Takashi Nakajima. The Tokyo-headquartered automaker, which operates in India through a wholly owned subsidiary, plans to drive in more SUVs in the country, as the segment continues to see robust sales across varied price points.
Passenger vehicle dispatches in the domestic Indian market are estimated to have surged by 33 per cent to approximately 4.7 lakh units in July, with market leaders Maruti Suzuki and Hyundai reporting record sales, alongside significant growth from Tata Motors and Mahindra & Mahindra.
In the first 4 months of CY17, Honda has sold 14% more units than Tata Motors
Delhi Police have arrested two vehicle thieves involved in stealing and selling cars across Delhi, Punjab, and Rajasthan. Eight stolen vehicles were recovered during the operation.
A 40-year-old pedestrian was killed after being hit by a speeding car on Ring Road in Rajouri Garden, Delhi. Police have identified and apprehended the 19-year-old driver and are investigating the incident.
Honda Cars India Ltd is looking to hike prices of its entire product range in the country from the first week of January as it aims to partially offset the effects of adverse exchange rate and inflation.
Hyundai Motor India and Honda Cars India on Wednesday joined the list of automakers planning to hike prices of vehicles from April, second time this year, to partially offset the impact of rising input costs and higher operational expenses. In a statement Hyundai Motor India Ltd (HMIL) said it will hike prices of its vehicles by up to 3 per cent effective in April 2025.
Honda Cars India Ltd on Tuesday launched an all new version of its sports utility vehicle CR-V which will be cheaper by up to Rs 270,000 from previous model as the company looks to strengthen foot hold in the Indian market.
VinFast has gone from an unknown brand to India's fifth-largest EV carmaker in just seven months, but its toughest battle is only beginning.
Two Japanese auto giants, Honda and Nissan, are moving towards a potential merger, but it remains unclear how their Indian operations will be immediately impacted.
Toyota Motor Corporation and Honda Motor Corporation plan to make India a hub for sourcing components of small cars.
A man was injured and vehicles damaged after a shooting at a luxury used-car showroom in Gurugram. Police are investigating potential links to the Himanshu Bhau gang.
A deep split has emerged within India's auto industry over the proposed CAFE exemption for small cars, with only Maruti Suzuki and Renault backing the move in the final SIAM vote.
Jammu and Kashmir Police have seized properties worth over Rs 55 lakh belonging to two drug peddlers in Rajouri and Udhampur districts as part of an ongoing crackdown on narcotics.
Network scale seen as central to tapping smaller markets.
Police in Himachal Pradesh's Kangra district arrested three individuals after recovering 1.34 kg of hashish from their possession during a routine vehicle check.
Honda Siel Cars India said on Friday it has hiked the price of its sedans by up to Rs 12,801 owing to increasing input costs.
Indian carmakers experienced a robust start to the new fiscal year, with an estimated 4.5 lakh passenger vehicles sold in April, marking a 27 per cent increase year-on-year, attributed to factors like GST 2.0, repo rate cuts, and income tax benefits.
In terms of achievement, McLaren are the second most successful Formula One team of all time with 203 grand prix victories since the first in 1968.
Honda entered the diesel car segment with the Amaze and it became fastest in HCIL history since its inception in the Indian market to cross the milestone
The will be cheaper than Brio and compete with Maruti Alto and Hyundai Eon.
Recently there has been a flood of new launches that have posed a serious threat to the almost monopolistic models by Honda.
Aston Martin will limit their laps at the season-opening Australian Grand Prix to avoid the risk of their drivers suffering nerve damage from vibrations coming through the steering wheel.
'Nearly all companies are extending festival offers for entry-level, sedan, and hatchback segments.'
A model has filed a complaint in a Kanpur court against her husband, IPL cricketer Amit Mishra, accusing him and his family of dowry harassment, assault, and abetment to suicide.
The GST Council on Wednesday approved two slabs of 5 per cent and 18 per cent effective from September 22, the first day of Navaratri.
Kimi Antonelli claimed his first Formula One victory at the Chinese Grand Prix, becoming the second-youngest race winner in history as Mercedes secured a one-two finish.
Honda Cars India (HCIL) net profit dropped by 52.8 per cent year-on-year (Y-o-Y) to Rs 661.4 crore in 2023-24 (FY24), primarily due to deferred tax of Rs 359.8 crore, according to the annual results submitted to the Registrar of Companies (RoC) and reviewed by Business Standard. In FY24, the company's production increased by 16 per cent Y-o-Y to 134,807 units.
Popular new models like Maruti Ciaz and Hyundai Elite i20 are reported to get dearer in a few days time.
