201217 May
Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI), has flagged off its pan-Indian three pronged Corporate Direction in Delhi– initiating pro-customer ‘Sach Kar Denge Sapne’ vision, launching ‘Dream Yuga’, and roping in Bollywood heartthrob Akshay Kumar as the Brand Ambassador.
201215 May
The car price hike post-budget and rising interest rates have taken a heavy toll on passenger car sales in India.
201203 Apr
Honda Siel Cars India has announced that Hironori Kanayama has assumed the office of President & CEO with effect from 1st April, 2012. Shigeru Yamazaki has been appointed Senoir Vice President & Director, Sales & Marketing
201223 Mar
Honda had slashed prices of its cars last year, in the face of fast-crumbling sales and market-share. The price cuts had the desired effect of boosting sales, especially of the slow-selling Jazz supermini. However, with the floods in Thailand which followed, Honda has struggled to get its production up to speed fast enough to meet demand.
201222 Mar
Honda Siel Cars India (HSCI) has announced an increase in prices of all its models, following the declaration of the Union Budget. The new prices, in effect immediately, are stated below. While prices of the recently launched Honda Brio have increased by Rs 4,000 - 5,000, the maximum increase in prices have been effected on the Accord premium sedan
201220 Mar
Honda will contest select rounds of the FIA World Touring Car Championship or WTCC, with a view to prepare for a full onslaught on the championship next year. The Japanese company will race two Civics, prepared by Italian racing team JAS Motorsport.
201220 Mar
Honda knows that lack of diesel models is hurting its chances in the Indian market. The Japanese car-maker is evaluating plans to introduce diesel-powered models, and also invest in developing India as a production hub for small and medium-capacity diesel engines.
201216 Mar
Car prices are set to rise in India, after a 2 % hike in basic excise duty from the present 10% to the proposed 12 %. Additionally, excise duty on large cars will also increase from 22% presently to 24%.
However, the government has decided against imposing a ‘diesel tax’, a move which has brought some respite to car-makers in the country.
201205 Mar
Car sales in February have been better than expected, especially coming on the back of the depressed sentiment in the market in the last quarter of 2011. Most car-makers have reported better than expected sales, but are cautious before commenting on whether such momentum will be maintained in the coming months.
201215 Feb
Honda Siel Cars India Ltd. has announced that it has resumed normal production with two shift operations from today. In the wake of disruption in supplies from Thailand, the company had been working under severe production constraints since November 2011.
