Carmaker Honda Siel Cars India on Thursday launched an advanced version of its premium sedan Accord with a 3.5 litre i-VTEC engine, priced between Rs 24.8 lakh (Rs 2.48 million) and Rs 25.35 lakh (Rs 2.535 million), ex-showroom, Delhi.
Honda Siel Cars India will increase the prices of its cars by up to Rs 354,000, owing to fluctuations in the exchange rate of the Indian rupee and Japanese yen against the US dollar.
Japanese auto giant Honda on Thursday said it will set up a third two-wheeler manufacturing facility in India at Narsapuram, in Karnataka, with an installed annual capacity of 12 lakh units by 2013.
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.
"We will manufacture 100 HondaJets every year beginning in 2010. We will sell them in the US, European, Canadian and Mexican markets," Honda Motor Company general manager (overseas operations, Asia and Oceania) Satoshi Matsuzawa told PTI. Earlier in 2007, the company had announced an investment of $40 million for constructing the new headquarters and hangar, and another $20 million for equipment.
The Jazz has big, wide, lightweight doors that are almost 3 kg lighter than the ones in the older model.
The car will launch next financial year in India.
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.
Unlike many business heads, Hironori Kanayama is surprisingly optimistic about the latent potential of the Indian market and predicts that a turnaround is imminent.
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
The two car companies have one of the most prominent hatchbacks in the premium segment namely, Maruti Swift and Honda Jazz.
Automobile (auto) retail sales in India grew by an impressive 14 per cent in July compared to the same period last year, driven by a surge in the rural economy, good product availability, and product launches. While passenger vehicles (PVs) saw a 10 per cent increase during this period, inventory levels have surged to a historic high of 67-72 days in PVs, equating to Rs 73,000 crore worth of stock, according to the Federation of Automobile Dealers Associations (Fada). This poses a risk to dealer sustainability. Inventory levels in July 2023 were only 50-55 days, equating to a stock worth Rs 49,833 crore. In June 2024, inventory was between 62 and 67 days, with a stock value of Rs 60,000 crore.
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.
On December 16 last year, Hero Honda informed the stock markets that the partnership was over and Honda would soon exit the company.
Honda Cars India has launched the special edition of its compact sedan Amaze to mark the first anniversary of the car in the Indian market.
After successfully marketing the state to American auto giant General Motors and German automaker Volkswagen, the Maharashtra industry department now wants Japanese auto major Honda to come to the state.
Is it all new? No it is a cosmetic upgrade in reality
The country's largest bike maker, Hero Honda, on Thursday said the launch of the Rs 1 lakh car 'Nano' will not have any impact on the two-wheeler industry.
The most fun vehicle to drive of the three is the Verna. It also has the most powerful engine.
Here are the 160R's pros and cons to help you make up your mind.
Hero Honda Motors is planning to enter the scooter market with its first launch slated for year-end.
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.
Stalemate at Hero Honda's Gurgaon plant continued as the company held talks with striking contractual workers to end the impasse that has brought production to a halt since Monday morning.\n\n
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.
Flamboyant Indian business tycoon Vijay Mallya is pitched against Mexican billionaire and one of the world's richest persons, Carlos Slim Helu, among others for buying the Formula One team of Japanese auto giant Honda, a report said.
Keisuke Honda announced his retirement from international football following Japan's elimination from the World Cup at the hands of Belgium on Monday night.
Honda, the largest manufacturer of two-wheelers in the world, unveiled its Unicorn model, its first motorcycle to ever enter the Indian market.
Passenger vehicle major Honda Siel India will launch the new version of premium sedan Accord by the next year.
Honda aims to sell 3 lakh units by 2017 from 1.34 lakh units achieved in 2013-14.
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.
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.
Honda Siel Cars India on Tuesday launched a variant of the sports utility vehicle 'CR-V' to tap the growing SUV market in India.
The company, which is now moving from being a premium brand to a mass market player through two launches in the small car segment in the next four years, hopes to cash in on Brand Honda's strong presence in the rural and semi-urban markets in India. Experts call it a gradual scaling up of the brand in the minds of the Indian consumers -- a strategy followed by the Japanese major in all parts of the globe.
Honda manufactures cars at a facility in Greater Noida in Uttar Pradesh.
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).
Honda has decided to price the small car below Rs 500,000 to be able to compete with Maruti Suzuki Swift and Hyundai i20.
