Honda Siel Cars India today said it will invest Rs 250 crore in its Tapukara plant at Rajasthan for expansion of a power train facility that would be used for its upcoming small car in India.
With the new investment, the company’s overall investment in the Rajasthan plant will go up to Rs 1,170 crore [...]
Auto majors from Toyota Kirloskar, Honda Siel, Hyundai Motors to General Motors India are expanding their pre-owned car business to spruce up their new car sales under the exchange programme.
While Toyota Kirloskar plans to sell 25-30% of its compact car Etios, which will be launched next year, through its used car outlets, Toyota You [...]
Honda Siel Cars India (HSCI) plans to invest Rs 300 crore in its second plant at Tapukara (Rajasthan) to make engine & transmission components (powertrain) that will help it cut cost of critical car components, its top executive told ET.
HSCI president and CEO Takashi Nagai said, “The aim is to cut costs and improve financial [...]
Battery maker Amara Raja Batteries Ltd, has entered into an agreement with Japan’s Honda Motor to develop a valve regulated lead acid battery, a newspaper said on Friday.
“If all goes well, the batteries will be used by Honda in their two-wheelers in India and if possible in the export market as well,” the paper quoted [...]
Car maker Honda Siel Cars India on Monday launched the latest version of its sedan ‘Civic’, priced at Rs 12.20-13.81 lakhs.
The new Civic comes in three variants with enhanced features like steering mounted cruise control system, back up sensors and is fitted with 1.8 litre i-VTEC engine, Honda Siel Cars India (HSCI) said in a [...]
Honda Motorcycle and Scooter India (HMSI), the wholly owned two-wheeler subsidiary of Honda Motor company, Japan, on Thursday announced it would invest Rs 530 crore in the current fiscal on expansion, including opening a new plant in Rajasthan next year.
“We plan to invest Rs 530 crore for various expansion plans, which includes setting up our [...]
The country’s largest two-wheeler maker, Hero Honda, on Tuesday said it has increased the prices of its products by up to Rs 1,000 with immediate effect due to rising input costs.
“We have not taken any price hike due to commodity costs since August, 2008, but the burden has increased very much recently and we are [...]
Japanese auto giant Honda on Monday said its proposed hatchback for India is not aimed at the volume-driven small car segment and will be positioned above this category.
The company, which is present in India through a joint venture with the Siel Group, is developing a hatchback for the growing Indian auto market and plans to [...]
Two-wheeler manufacturer Honda Motorcycle & Scooter India (HMSI) is planning to raise its exports to 110,000 units of motorcycles and scooters this fiscal over 80,000 units last year, a top company official said here Thursday.
“In a span of eight years the export destinations have crossed 50. We not only export to developing countries, we also [...]
Honda Motorcycle & Scooter India (HMSI), a part of Japanese automaker Honda Motor, said it will infuse Rs 500 crore into its second two-wheeler manufacturing unit coming up at Alwar, Rajasthan, in a year’s time.
“The second plant will have a capacity of 6 lakh units per annum and will be operational by the second [...]
Honda Motorcycles and Scooters India Ltd (HMSI) said on Wednesday that by the next fiscal it expects its motorcycle sales
to surpass scooters.
With sales of 7.4 lakh units in 2009-10, scooters accounted for 60 per cent of the company’s total 12 lakh two-wheeler sales. HMSI is also the leader in the scooter market with a 51 [...]
Two wheeler maker Honda Motorcycle & Scooter India today launched a new version of its 150 cc bike Unicorn in the country, priced at Rs 62,900 (ex showroom Delhi).
“The 150 cc segment of the Indian motorcycle industry has grown over two-fold in the last three years and it is expected to grow at this rate. [...]
Honda Motorcycle & Scooters (I) Pvt Ltd (HMSI) and the Rajasthan government today signed a Memorandum of Understanding (MOU) for setting up a 2-wheeler plant in the Tapukara Industrial Area of Alwar district.
The Rs 500 crore project will manufacture 6 lakh units annually in the first phase, an official spokesman said here today. Later, the [...]
Japan’s Honda Motor on Tuesday unveiled its latest electric scooter, saying it initially plans to target domestic business customers such as pizza delivery services.
The EV-neo is powered by a lithium-ion battery that matches the performance of a 50cc petrol engine, without the noise, and can travel 30 kilometres (19 miles) on a single charge at [...]
Honda Motor Co will steer clear of cooperating with rival automakers as it seeks to boost its presence in Asia, defying a resurgent trend towards tie-ups in the industry, a top executive said.
Automakers from Volkswagen AG and Suzuki Motor Corp to Renault-Nissan and Daimler AG are exploring ways to share vehicle underpinnings and components to [...]