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.
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 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.
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).
The workers of Honda Motorcycle and Scooter India had enough reasons to cheer in the early hours of Saturday morning
Leading automakers Maruti Suzuki India, Hyundai Motor, Kia Motors and Tata Motors reported sales growth in the domestic market in November, aided by robust offtakes amid the festival season. While Maruti Suzuki India reported marginal growth, Hyundai logged in its highest ever monthly sales in November. Others like Honda Cars India, Toyota Kirloskar Motor, Mahindra & Mahindra and MG Motor India also reported sales growth in November as compared with the same month last year.
Apart from around 40 Japanese companies and five global vendors of MG Motor India, many other biggies are eyeing Gujarat for either greenfield opportunities or brownfield expansion.
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.
A sneak peek at Honda's latest premium commuter bike: CB Trigger
Honda has invested Rs 3,526 crore in its Rajasthan unit.
How does Honda's cheapest entrant fare against Hero Splendor Plus, Bajaj Discover 100 and Suzuki Hayate?
For the past 15 days, workers at the Hero factory have been wearing black arm-bands and abstaining from tea within the premises.
At Rs 43,150, Dream Neo hopes to create deep inroads into the Indian commuter segment.
Post split from Hero, the company has chalked out aggressive plans for India.
HMSI has increased the monthly salary of its permanent workers by Rs 14,770 a month.
Honda Motorcycle and Scooter India (HMSI) Ltd. has finally launched the new 110cc commuter bike Livo at an introductory price of Rs 58,000 (on-road) in the country.
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.
If Honda is unleashing premium bikes to take on Yamaha, the latter is getting into scooters.
This is the first decline since June this year when car sales declined by 11%.
The increase in PV sales in September was driven by festive season purchases, with SUV models like Maruti Suzuki's Brezza, Hyundai Creta, Mahindra Scorpio, Ford Ecosport and Honda W-RV witnessing good traction
'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.'
HMSI is now planning to introduce a 200cc bike that would battle with Hero Honda's Karizma and Karizma ZMR.
Hamara Bajaj may have walked into the sunset, but the sun is shining bright for other scooter manufacturers in the country.
The two-wheeler industry marked its first fall in 11 months in November with sales of 1.24 million reporting a fall of nearly six per cent compared to the same month last year
Reflecting the woes of the Indian automobile industry, the country's car exports remained flat at 550,466 units in 2013-14, during which domestic sales fell for the second consecutive year.
Domestic and foreign companies pour in a slew of investments in Gujarat.
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.
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 launch is part of the company's strategy to increase its sales in the Indian two-wheeler market. The new version of its 125 cc sports bike -- CBF Stunner -- priced at Rs 64,630 (ex-showroom, Delhi) -- will be equipped with PGM-FI (programme fuel injection) technology which gives more power, HMSI said. It will be available in the market by the first week of June, it added.
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
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.
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 Motorcycle and Scooter India (HMSI), Suzuki Motorcycle India (SMI) and Yamaha Motor India (YMI) are building motorcycles and scooters to suit the Indian market. The models will be manufactured at the company's research and development centres in Japan and will use new platforms.
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".
The All India Tennis Association, often accused of being lax in dealing with age fraud, had no clear answers to what transpired at CLTA.
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.
As per SIAM data, vehicle sales across categories, including passenger vehicles and two-wheelers and commercial vehicles stood at 18,21,490 units last month as against 23,82,436 units in August 2018, a fall of 23.55 per cent.
Honda Cars India approached the Gujarat government with a proposal to set up a car manufacturing plant in the state.
© 2026 Rediff.com - Investor Information - Advertise with us - Disclaimer - Privacy Policy - Sitemap - Feedback - About us - Terms of use - Grievances