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.
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.
The company had sold 4,758 units in the same month last year.
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.
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.
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
It has lined up formidable product line.
It sold 1,218 units of its flagship City and 2,199 units of its small car Brio.
The revised prices will be effective from October 1, 2012.
The Amaze, Honda's first diesel car in India, has seen several buyers line up for test drives and dealers struggling to meet increasing demand.
Honda BR-V will be launched in India this year.
Millions of vehicles have been recalled across the globe due to defective safety airbag manufactured by Japan's Takata Corp.
Honda Cars India approached the Gujarat government with a proposal to set up a car manufacturing plant in the state.
Honda has also introduced new gear for child seats.
With an all-diesel line in India, it is desperate to bring the small capacity diesel engine it has developed independently, by the parent company.
So far the company has sold about 80,000 units of Honda Amaze and 30,000 units of 4th generation Honda City.
The company said it will resume production of the car that is being rolled out from its Greater Noida plant in the first week of next month.
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.
Honda Cars India Ltd would be able to manufacture only 4,000-5,000 units of Amaze per month this year as its limited by the current production capacity, company's senior vice-president (sales and marketing) Jnaneswar Sen said at the car's launch in the city.
Honda Cars India is recalling a total of 1,338 units of its premium sedan Accord and sports utility vehicle CR-V manufactured between 2002 and 2003 to replace a faulty part in the passenger side airbags. The recall, which is part of Honda's global recall regarding the potential defect related to passenger air bag announced in June 2014, would cover 1,085 units of Accord and 253 units of CR-V.
The recall will affect only the diesel variants of the two models.
Ahead of the festive season, several passenger and commercial vehicle manufacturers have agreed to offer discounts of 1.5-3 per cent on new vehicle purchase against scrapped old vehicles after a meeting with Union Minister Nitin Gadkari, an official statement said on Tuesday. The statement further said Mercedes Benz India has offered a flat discount of Rs 25,000, which will be over and above all existing discounts. Union Road Transport and Highways (RT&H) Minister Nitin Gadkari on Tuesday chaired a meeting with the SIAM delegation at Bharat Mandapam, where he addressed pressing issues in the automobile industry.
The company aims to follow the government's push for environment-friendly vehicles by driving in models with green technologies.
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.
HCIL will voluntarily replace airbag inflators of 2,23,578 vehicles of previous generations of CR-V, Civic, City and Jazz.
These companies join the likes of other global firms Hyundai, Suzuki, Toyota, KFC, and Pizza Hut which have also apologised for social media posts by their business associates in Pakistan supporting Kashmir Solidarity Day following backlash in India and call for boycott of their products.
Japanese auto giant Honda Motors on Thursday said it was willing to divest its stake in Honda Siel Cars India Ltd to its domestic joint venture partner Siel Ltd.
Honda also unveiled the all-new CR-V and Civic sedan as part of its plan to launch six new products in the Indian market over the next three years.
The latest recall will impact models which were manufactured in 2013.
City sales stood at 4,600 units in September.
While Hyundai Motor India reported a marginal growth, Toyota Kirloskar Motor witnessed a dip in sales last month.
Over seven lakh vehicles have been recalled by various manufacturers in India since 2012.
Over seven lakh vehicles have been recalled by various manufacturers in India since 2012.
The anniversary edition boasts of contemporary styling, luxurious interiors, superior performance and assured safety.
Riding on new launches, Japanese auto major Honda is set for over 62 per cent growth in its sales in India this year at around 1.8 lakh units.
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.
The new Honda Accord will be available in three types -- Accord 2.4, Accord 2.4 Elegance and Accord 2.4 Inspire. The price of the vehicles start from Rs 16,49,000 (ex-showroom Delhi) and go up to Rs 18,14,000.
The company, which is slated to introduce a new compact car later this year, is also mulling taking on Maruti Suzuki's Dzire and Honda Cars India's Amaze with a new sub-four metre sedan.
Toyota had announced a global recall of 65 lakh vehicles to rectify a power window glitch, which could lead to fire risk.
Maruti, Hyundai, Tata Motors, Mahindra & Mahindra and Honda saw their passenger vehicle sales improve in August compared to the same month last year, although Ford and Toyota witnessed a decline.
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