The company will upgrade software in airbag control unit.
Maruti Suzuki, Hyundai and Mahindra failed to register significant growth.
Various manufacturers, including Nissan and Honda have also been impacted due to faulty airbags supplied by Takata.
Honda, Toyota, Volkswagen stitch plans for country-specific mall car models. With India increasingly becoming the production and sales hub for all major car manufacturers, international giants like Honda, Toyota and Volkswagen are pulling out their drawing boards for an all-new India-specific car model.
Poor contract workers often have little or no access to safety equipment or health benefits in factories.
French auto major Renault on Wednesday said it will increase vehicle prices in India from next month to offset the impact of high input costs.
The other features of the CR-V such as 2.4 litre i-VTEC engine, Real-Time 4 wheel-drive, 6-speed manual and 5-speed automatic transmission with Grade Logic Control and drive-by-wire Throttle System remain the same as before.
Japanese automaker Honda Motors is rolling out its small car in India by the last quarter of calendar 2009.
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.
Honda Siel Cars India said on Wednesday it was planning to launch two models in India, including its popular hatchback Jazz, to mark the company's foray into small car segment in the country.
Kicking off the India plan, the company announced on Monday appointment of three dealers in Delhi, Mumbai and Chandigarh.
The company is on the lookout for the possible locations for setting up the greenfield plant.
The Volvo C70 is the second generation convertible of C70 from the company, with a three-piece retractable hard-top that transforms the vehicle from coupe to convertible at the touch of a button.
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.
Toyota and Honda of Japan, and the US auto major Ford are ramping up their sales and distribution networks as they gear up to launch small cars.
Honda will set up its second car manufacturing plant in India near here at an estimated investment of Rs 1,000 crore (Rs 10 billion).
The vehicles affected by the recall are manufactured between September 2011 and July 2014.
Auto major Honda Siel Cars India Ltd on Wednesday said it will increase prices across all models from April 2 since the sales tax holiday it enjoys in Uttar Pradesh, is coming to an end.
Declining motorcycle sales remained a cause of worry.
Mercedes sells models ranging from A Class to Maybach, priced between Rs 28 lakh and Rs 1.67 crore.
Honda Motor is working on a small car with 1.2 litre engine for the Indian market at its research and development facility in Japan.
Japan's Honda Motor Co will introduce a premium hatchback in the Indian market in the next 2-3 years as it eyes sales of 1.5 lakh units by 2010, a senior company official said on Tuesday.
New campaigns rev up their marketing pitch, while new challengers such as Tata Motors with the Zest promise to put up a spirited fight
Maurti and Hyundai recorded jump in sales in May.
Honda Siel Cars India on Tuesday launched a new CR-V, its premium SUV model, which will be costlier by at least Rs 250,000 than the existing one
Maruti's sales of the compact segment comprising Swift, Estilo, Ritz, Dzire and Baleno went up by 9.9% to 45,579 units
German car maker Volkswagen was the first company to offer airbags on all its variants in India from the beginning of this year.
From discounts to hundred per cent financing to talks of a price hike, companies are doing everything to ensure retail sales pick up this month.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
With the central sales tax holiday enjoyed by it in Uttar Pradesh coming to an end, Honda Siel Car India has hiked the price across different models by up to Rs 5,000.
Car lovers who swear by the Honda badge will have to pay up to Rs 45,000 more, as Honda Siel Cars India Ltd is set to start charging central sales tax on its models since the tax holiday it enjoys in Uttar Pradesh is ending this month.
Honda Siel Cars India said on Friday it has hiked the price of its sedans by up to Rs 12,801 owing to increasing input costs.
The vehicle was launched in India in 2009 with a hefty price tag of over Rs 700,000 which was slashed by Rs 160,000 later.
Japanese car major Nissan on Tuesday said will hike the prices of its vehicles, including hatchback Micra and sports utility vehicle Terrano in India, by up to 4 per cent from next month in order to offset the impact of rupee depreciation and escalating input costs.
'Volkswagen made some big mistakes.'
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.
Japanese car major Honda will be showcasing a series of new technology cars, including fuel-cell car 'Honda FCX' and hybrid car 'Honda Insight,' at the Auto Expo that kicks off in a few days in New Delhi.
Prices across all models starting from Eon to Santa Fe has been hiked in the range of Rs 15,000 to Rs 127,000
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