Japanese auto major Honda considers India a key market for its future growth alongside the US and Japan, according to Honda Cars India President and CEO Takashi Nakajima. The Tokyo-headquartered automaker, which operates in India through a wholly owned subsidiary, plans to drive in more SUVs in the country, as the segment continues to see robust sales across varied price points.
Two Japanese auto giants, Honda and Nissan, are moving towards a potential merger, but it remains unclear how their Indian operations will be immediately impacted.
With US-based electric vehicle (EV) maker Tesla scouting for a suitable location for its foray in India, Rajasthan has joined the fray with a host of offers to woo the Elon Musk-led company. Other challengers include Gujarat, Tamil Nadu, and Maharashtra. Sources privy to the development said that an initial meeting between the senior executives of Tesla and the government of Rajasthan, which was held last week, turned out to be "quite positive." Tesla would now carry out a survey and is expected to share the survey details with the state's investment promotion department soon.
City sales stood at 4,600 units in September.
The company said it will resume production of the car that is being rolled out from its Greater Noida plant in the first week of next month.
Japanese auto major Honda Cars on Thursday unveiled its new offering for the Indian market -- City e:HEV sedan, marking its foray into the mainstream strong hybrid electric vehicle segment in the country. The company, which is present in India through a wholly-owned subsidiary, has commenced the bookings of the model and plans to introduce it in the market next month. As per the company, the model, an extension of its City model range, would feature self-charging two-motor strong hybrid system connected to a 1.5 litre petrol engine, entailing a peak power of 126 PS and fuel efficiency of 26.5 km per litre.
The model, which will compete with the likes of Hyundai Verna, Maruti Suzuki Ciaz and Skoda Rapid, now features smart devices ecosystem including Alexa remote capability and 32 connected features as standard feature across all variants with a five-year free subscription.
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.
The police argued that Pehlu Khan's sons have said they were going to sell the animals in Tapukara in Rajasthan's Alwar, contrary to the investigation earlier which suggested that the cows were being taken to another state.
Japanese automaker Honda Motors is rolling out its small car in India by the last quarter of calendar 2009.
A clutch of automakers including Maruti Suzuki, Hero MotoCorp, Mercedes Benz India, Eicher Motors, TVS Motor, and Isuzu Motors India announced they had got the clearance from the governments of the states they operate in to resume operations.
Alleging misconduct by its permanent workers, labour unions and contract staff, the plant management informed all stakeholders, through a notice, that starting Monday "normal operations" at the plant are being suspended.
The automatic variant of the SUV is priced at Rs 11.99 lakh
Honda entered the diesel car segment with the Amaze and it became fastest in HCIL history since its inception in the Indian market to cross the milestone
Honda has invested Rs 3,526 crore in its Rajasthan unit.
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.
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.
Car makers have started hiring from Gujarat's industrial training institutes (ITIs) for their factories across the country.
The government plans to take India into the top 50 ranks in ease of doing business in the next two years with efforts such as shifting all applications for industrial licenses online.
Buoyed by strong sales, Maruti Suzuki, Hyundai and Honda have scaled up their annual targets, but others are still stuck in low gear
Karan Narsu rides the quirky new Honda Cliq to find out if it's got the goods to go all the way in rural India, while also making it a viable option for the city-sleeker
According to industry data, for two months, sale of the Zest (7,359 units) were higher than that of Amaze (6,792 units).
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