Pressure is mounting on Honda Motorcycle and Scooters India, India's fourth biggest two-wheeler maker by volume, to resume normal supplies of scooters and motorcycles to its dealers, who are forced to ask customers to wait for up to four-five months for delivery.
Delhi-based Honda is increasing its focus on the entry level segment. So much so that it has put the potential launch of a big engine premium concept bike, the CX-01, on the back burner.
VFR1200F is a concept driven by extensive customer needs", said Honda Motorcycle & Scooter India president and chief executive officer Shinji Aoyama.
Japan's Honda Motor Co, the world's top motorcycle maker, said on Tuesday it will renew for 10 years a pact to supply technology to its Indian joint venture company Hero Honda when the current agreement expires in 2004.
At Rs 43,150, Dream Neo hopes to create deep inroads into the Indian commuter segment.
The Honda company is working on entering the same segment, with a sporty bike, in 2010. It hopes to sell a few lakh of these a year, to begin with
After witnessing a buoyed response for the premium class superbikes it has been selling since the past one year, Honda Motorcycle and Scooters India, the Indian subsidiary of Japanese auto giant Honda Motor Corporation, will launch yet another superbike by the end of this year.
Maruti Suzuki and Hyundai Motor India on Monday reported a dip in passenger vehicle dispatches to dealers in the domestic market last month as the companies tried to adjust vehicle inventory amid slowing demand. Maruti Suzuki India said it "calibrated supplies" to the dealers, aligning with the industry's retail sales projections amid India-Pakistan conflict and a dip in sales of entry-level cars.
Honda Motorcycle and Scooter India (HMSI), India's second-largest two-wheeler maker, on Wednesday revealed its electric vehicle (EV) roadmap, which includes setting up a dedicated EV factory, launching the first two EVs in 2023-24, and establishing 6,000 battery exchange points in the country. HMSI plans to establish a specialised unit for the manufacturing of electric vehicles (EVs), named 'Factory E', at its Narsapura plant located in Karnataka. Factory E will be created by converting an existing production line that currently manufactures internal combustion engine (ICE) vehicles, said Atsushi Ogata, HMSI managing director and chief executive officer.
The workers were protesting against the suspension of 50 and the dismissal of four HMSI employees after a strike at the Honda plant in Manesar in Haryana.
In a relief to the management of Honda Motorcycle and Scooter India (HMSI), which is facing labour unrest, a civil court in Gurgaon has ordered the local administration, including police, to evict striking contract workers.
Hero MotoCorp sold 254,813 Splendors, about 4,000 more than the 250,681 Activas sold by its rival Honda Motorcycles and Scooters India.
Meanwhile, HMSI has raised its production capacity to 15 lakh units per year with the recent inauguration of its third assembly line.
Post split from Hero, the company has chalked out aggressive plans for India.
Japan on Tuesday said the labour unrest at Honda Motorcycles and Scooters India could impact foreign direct investment inflows into India, but ruled out its intervention in the matter.
The company is looking to ramp up its production.
Japanese auto giant Honda's two-wheeler unit in India has suffered losses to the tune of Rs 100 crore (Rs 1 billion) in the last one month due to labour unrest, which has led to police deployment at the facility and production being cut down by over
Honda Motorcycle & Scooter India Pvt Ltd (HMSI) will set up its second plant in Rajasthan at an investment of Rs 1,100 crore (Rs 11 billion) with an installed capacity to produce 12 lakh units per annum.
The HMSI Employees Union has demanded basic pay increments of Rs 15,000 for permanent workers, Rs 10,000 for contract workers and Rs 4,000 for apprentices.
HMSI is the biggest player in scooter market with a share of 60 per cent
Stating that the plans for unveiling the vehicle are at the final stage, Mohindroo said, "the company would showcase the motorcycle in the Auto Expo 2010."
The workers of Honda Motorcycle and Scooter India had enough reasons to cheer in the early hours of Saturday morning
The Honda NAVI is completely customisable as per the customer's choice.
Can paying Akshay Kumar Rs 50 crore to become brand ambassador for the 100cc commuter bike, the Dream Yuga, help Honda Motorcycle & Scooter India (Private) Ltd take the number one position by displacing Hero MotoCorp's hot-selling splendor? Of course not, feels biking enthusiast and blogger Faisal Ali Khan.
The company also plans to introduce a 100 cc bike by the end of 2010. HMSI has a current market share of 11 per cent and is expecting to raise the figure to 15 per cent by 2010. Asked if the company has plans to phase out its scooter Eterno, Rattan said, "Though the sale of Eterno has come down, we do not have any plan to stop the production, rather we will revamp its sale with new strategies".
'Currently, scooters contribute to one third of the total domestic two-wheeler market and it continues to grow.' 'That is why many new models are being launched in this category.'
Long standing number two passenger vehicle maker in India, Hyundai Motor India, has slipped to fourth position in the domestic market in terms of retail sales last month behind Maruti Suzuki India, Mahindra & Mahindra and Tata Motors, as per the latest data shared by dealer's body FADA. Hyundai Motor India clocked retail sales of 38,156 units last month, a dip of 20 per cent as compared with 47,540 units in February last year.
Sales, which were growing impressively in the first seven months of the year, decline in November. Ajay Modi reports.
Hero MotoCorp, Honda Motorcycles, Scooters India, TVS, Honda India, Toyota Kirloskar Motor, Ford, Nissan, Ashok Leyland are all giving the Auto Expo a miss this time.
The battle for the top spot in the two-wheeler market is intensifying. The gap between Hero MotoCorp and Honda Motorcycle & Scooter India (HMSI) in retail sales narrowed to just 45,607 units in June. This improvement comes as HMSI has clawed back market share after dipping to a historic low of 18 per cent in May 2023. Now, the retail market shares of the two companies are 28.86 per cent and 25.54 per cent, respectively, compared to 35.54 per cent and 18.05 per cent in May 2023.
The new financial year started on a mixed note for car makers.
Honda, Bajaj, Yamaha and Mahindra are revving launch plans for the 200cc and above motorcycle segment.
Can Bhavish Aggarwal upend the electric two-wheeler market, which is now overwhelmingly in favour of scooters?
Honda Cars India approached the Gujarat government with a proposal to set up a car manufacturing plant in the state.
The company has upped the ante by launching updated versions of five of its highly popular bikes recently. Consumers are in for better time
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