Honda Motorcycle and Scooter India (HMSI) on Wednesday forayed into the fast-growing domestic electric mobility market with the introduction of e-scooters, ACTIVA e: and QC1, with swappable and fixed batteries. With this, the Japanese two-wheeler maker will now be competing with other legacy players such as Bajaj Auto, Hero MotoCorp, TVS Group as well as pure EV players like Ather and Ola, who already have a good presence in the segment, which is growing at 34 per cent year-on-year.
Buoyed by a robust growth in Indian market, two-wheeler maker Honda Motorcycle Scooter India (HMSI) is planning to set up a second manufacturing unit as it expects sales to cross the 1.2 million units per annum mark by March 2011.
Honda Motorcycle & Scooter India (HMSI) today launched a new variant of its 150 cc bike - CB Unicorn Dazzler, priced up to Rs 66,198 (ex-showroom, Delhi).
HMSI has increased the monthly salary of its permanent workers by Rs 14,770 a month.
Though Hero still leads by a wide margin in annual and monthly sales, for the first time, Honda has considerably bridged the sales gap with the Pawan Munjal-led firm in April lagging only by 12,134 units
Honda Motorcycle and Scooter India (HMSI), the country's second-largest two-wheeler manufacturer, is planning to launch its first electric vehicle (EV) here by March next year, said CEO & MD Atsushi Ogata on Monday. The company would also enter the low-end motorcycle market in March by launching a 100cc engine bike at a price that will "positively shock" customers, he said while speaking with reporters, after launching the Activa with Honda Smart Key. HMSI's first EV, an electric scooter, will have a fixed battery and the second model will have two swappable batteries, Ogata explained.
While Hero Honda is ramping up capacity by 50 per cent, HMSI is readying itself to launch a fourth product.
With demand continuing to be strong post the festive season, leading automakers, Maruti Suzuki, Tata Motors and Mahindra & Mahindra, saw robust growth in sales in November as compared to the same month last year. Maruti Suzuki India reported the best-ever total sales, including exports, last month at 229,021 units, a year-on-year growth of 26 per cent as compared to November last year.
Honda is all set to launch the CBR650F alongwith mutliple other motorcycles at the Honda RevFest 2015 that will be held simultaneously across 8 cities (New Delhi, Mumbai, Bangalore, Hyderabad, Chennai, Kolkata, Indore and Ahmedabad) on August 4, 2015.
Hero has plans to set the Indian roads on fire with the launch of four new scooters in the next two years
Honda Motorcycle & Scooter India, fully owned Indian subsidiary of the Japanese firm, launched on Friday a new version of its gearless scooter Activa, priced at Rs 39,800 (ex-showroom, Delhi). The company would focus on gearless scooters in the future and with the launch of the new Activa, HMSI is looking at a total of 18 per cent growth in its two wheeler sales in the next fiscal, 2009-10.
Honda Motorcycle Scooter India, a 100 per cent subsidiary of Honda Motor Company, Japan, will launch a slew of high-power premium bikes in India, the first of which will debut by March next year, according to company executives.
Honda Motorcycle and Scooter India Pvt Ltd, 100 per cent subsidiary of the Honda Motor Company, will launch its MotoGP edition motorcycle in the country next month, a top company official said.
Hero MotoCorp and Honda Motorcycle & Scooter India are headed for a showdown in the scooter market with the former partners looking to dominate the high growth segment.
However, while Splendor's annual sales surged 31.7 per cent to 3.638 million units between 2019 and 2024, Hero's other models suffered sharp drops.
Festivals also contribute to the rise in overall automobile retail sales, says dealers association.
Japanese auto giant Honda on Monday announced to recall 11,500 units of Standard variant of its premium motorcycle CBR 250R, which were produced and sold in India, due to defective brake system.
The workers said though they haven't lost confidence in the Left, they wanted to appeal to Sonia about the highhandedness of the police.
Five companies get more volumes from scooters than motorcycles.
The recall will cover units of the three models manufactured from February 7, 2018, to March 16, 2018, the company said in a statement.
The local arm of the Japanese two-wheeler manufacturer accounts for every second scooter sold in India.
How does Honda's cheapest entrant fare against Hero Splendor Plus, Bajaj Discover 100 and Suzuki Hayate?
The key beneficiary of this expansion in the motorcycle market happens to be Bajaj Auto.
If Honda is unleashing premium bikes to take on Yamaha, the latter is getting into scooters.
Take the rediff business quiz and see how much you know about the two-wheeler industry in India
The Haryana government has facilitated an agreement between the agitating workers and the management of Honda Motorcycles and Scooters India Limited, Haryana Chief Minister Bhupinder Singh Hooda said late on Friday night.\n\n
HMSI is now planning to introduce a 200cc bike that would battle with Hero Honda's Karizma and Karizma ZMR.
Motorcycle production has been suspended at the Manesar plant of Honda Motorcycle and Scooter India, which is in the midst of a major labour unrest.
The bike-maker will expand its capacity to 1.2 million from the current 9 lakh.
Hamara Bajaj may have walked into the sunset, but the sun is shining bright for other scooter manufacturers in the country.
Addressing a press conference before the launch of the bike, Deepak said Bhopal provides huge opportunity for expansion and the company is looking forward to introduce and promote its range of products in the city. With increased choices now available in the market, he said Indian youth today were actively on a look out for brands that have a high 'style and attitude' quotient.
A sneak peek at Honda's latest premium commuter bike: CB Trigger
It has sought the permission of the Foreign Investment Promotion Board to start single-brand retail outlets.
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
Honda Motorcycle & Scooter India (HMSI), the wholly-owned two-wheeler subsidiary of Japan's Honda Motor Company, on Wednesday launched its new 'Aviator' model scooter with 15 per cent increased fuel efficiency, in Mumbai.The ex-showroom price is Rs 50,410 for its deluxe model and Rs 45,180 for its standard model.
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.
Around 200 contract workers of two-wheeler manufacturer Honda Motorcycle and Scooter India, the fully owned subsidiary of Japan's Honda Motor Co, went on strike on Tuesday demanding regularisation of services.
Honda cars has strengthend market share in India in the past five years.
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