Honda India

Honda Siel Cars India Ltd said on Monday its cars sales in November rose 15 per cent from year ago to 5,090 units. More
Courtesy: indiacar.net

Bangalore, A sharper fall of sales because of the terrorist attack in the second biggest market for passenger cars in India is expected to further pull down the auto industry?s growth this fiscal.
Car makers claim that Mumbai, being the second largest market for passenger cars, will see sales dip substantially because of the terrorist attacks.
?Our […]

?The price of the newly-launched Honda New City will remain unchanged while for other models we need to increase prices by about 6 per cent to 7 per cent,? said Mr Masahiro Takadegawa, President and CEO, Honda Siel Cars India Ltd., in a press meet after inaugurating the Honda 3-S facility at T.V. Sundram Iyengar […]

Finding it difficult to keep the prices of its cars at the present level Honda Siel Cars India Ltd may have to hike it by one or two per cent by January, due to rising input costs, company President and CEO Masahiro said.
Talking to reporters after inaugurating the state-of-the-art Honda facility here, he said though […]

Japanese auto major Honda, which recently slashed price of its Civic Hybrid by about Rs 8 lakh for a limited period, will not import the car further this fiscal as its allotment for India has exhausted.
The company’s subsidiary, Honda Siel Cars India had received an overwhelming response to its limited-period price cut offer from November […]

Nano is paving the way for global car-makers to drive into Gujarat. After Tata Motors decided to relocate its small car project here, Japanese auto giants Honda and Mitsubishi want to park themselves in the state.
Officials from both Honda and Mitsubishi met representatives of Gujarat’s delegation that visited Japan last week.
Teams from both the car […]

Honda Siel Cars India sold 98 Civic Hybrid cars on a single day on Thursday, much more than what it managed in the entire five months since the premium hybrid’s launch in India, thanks to a whopping Rs 8 lakh, or 40%, price cut.
Honda is aiming to sell another 100 cars in the next few […]

Honda has slashed the price of its Civic Hybrid cars in India by an unprecedented Rs 8 lakh, as it looks to boost sales of the environmentally-friendly sedan in an unfriendly economic environment.
After the price cut— the sharpest in Indian automobile history and introduced with immediate effect—the hybrid Civic will cost Rs 13.36 lakh compared […]

The slowdown is beginning to hit foreign investments in the automobile sector with top MNC vehicle makers in “review” mode. According to the auto industry sources, big-ticket investors like Honda and Volkswagen are reportedly “reviewing” their earlier stated investment plans and production schedules.
Honda Siel, which is putting up a Rs 1,000-crore plant in Rajasthan for […]

The current slowdown has proved to be a blessing in disguise for the used-car industry. Auto sales have been plummeting thanks to the credit crunch and demand slump. However, if there is one segment that has gained from the present scenario, it is the second-hand car market, which has grown by over 30% this year.
Says […]