Hero Honda Motors Ltd on Wednesday said it would pump in Rs 200 crore (Rs 2 billion) this fiscal for capacity expansion and new model launches, including its much-awaited scooter models.
Honda Motor's humanoid robot Asimo greeted US President Barack Obama at the National Museum of Emerging Science and Innovation.
While Hero Honda is ramping up capacity by 50 per cent, HMSI is readying itself to launch a fourth product.
Hero Honda Motors Ltd on Wednesday reported a 20 per cent growth in net profit for the quarter ended June 2004 at Rs 190 crore against Rs 158 crore in the corresponding period last year, buoyed by a 33 per cent surge in motorcycle sales volume.
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.
In the first 4 months of CY17, Honda has sold 14% more units than Tata Motors
Japanese car giant Honda on Wednesday launched its much-awaited hatchback Jazz in India, priced between Rs 698,000 and Rs 733,000.
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.
Honda Motors has developed its own diesel power-trains.
India's largest motorcycle maker Hero Honda Motors Ltd said on Thursday it posted a net profit of Rs 581 crore (Rs 5.81 billion) for the year ended March 31.
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.
The company said it will use the vendor base of its two-wheeler business in India to make the car price competitive.
According to trade experts Hero MotoCorp's Maestro is going to give a tough competition to Honda Activa.
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.
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.
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.
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.
Toyota Motor Corporation and Honda Motor Corporation plan to make India a hub for sourcing components of small cars.
It has sought the permission of the Foreign Investment Promotion Board to start single-brand retail outlets.
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.
The glorious journey of Honda City began in 1981. From then on, Honda City has gone through several transformation phases.
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.
The ride so far has been a smooth one. But to protect market share, Hero Honda will need to have a bigger presence in the executive segment.
The model will be equipped with a petrol engine in Thailand.
Honda Siel Cars India has started training its sales force to counter the challenge of SX4, the sedan launched by Maruti Udyog on May 7.
Japanese major's idea part of strategy to double sales in emerging markets by 2017.
The company is on the lookout for the possible locations for setting up the greenfield plant.
Hero Honda Motors, India's largest motorcycle maker, launched a variant of its 110cc motorcycle Splendor on Monday.
Hero Honda Motors is planning to enter the scooter market with its first launch slated for year-end.
Bajaj Auto said it was "concerned" that the Japanese auto giant Honda may have an "aggressive pricing strategy" with its planned entry into the country's motorcycle market in October. Bajaj also launched the CT 400 bike.
Apple and its vendors are aiming to assemble 32 per cent of iPhone's global production volume and 26 per cent of its value in India by 2026-27 -a year after the final year of the five-year production-linked incentive (PLI) scheme for mobile devices. This could translate into a production value of over $34 billion, assuming global iPhone sales remain consistent with 2023-24 (FY24) levels. The estimates are based on discussions between Apple Inc and its vendors, along with central and state governments, regarding the assembly of products in India, according to sources.
Atul Sobti, executive director of sales and marketing, Hero Honda Motors Ltd has quit, after completing over seven years in the company.
Honda, the Japanese carmaker, made its strong presence felt with the launch of new models and concept cars in the 2014 Auto Expo.
Honda pulled out of Formula One with immediate effect on Friday, feeling the bite of the global recession in a major blow to a sport itself looking to cut costs to survive.
Honda Motor Co is close to a deal on the sale of its Formula One motor racing team, Japan's biggest circulation newspaper said on Tuesday, without identifying the buyer.
In its bid to beat a sluggish market, country's largest two-wheeler maker Hero Honda is introducing three new variants of its entry level and executive segment bikes priced between Rs 35,800 and Rs 55,450 (ex-showroom Delhi).
To sell its 26 per cent stake to the Munjals for $1.2 billion.
If Honda is unleashing premium bikes to take on Yamaha, the latter is getting into scooters.
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