Honda Cars India domestic sales grow 13% to 9,861 units in September 2023
Adding to the sales momentum was the introduction of Honda’s latest mid-size SUV, the Elevate, that has received an overwhelming response in the market, the company said.
Adding to the sales momentum was the introduction of Honda’s latest mid-size SUV, the Elevate, that has received an overwhelming response in the market, the company said.
HP Pay, HPCL’s payment App with convenience and benefits is providing a secure, contactless, and streamlined digital payment and loyalty solution for the mobility and energy needs of customers.
He has been working with the company since 2018
Scheduled for launch during the festive season this year, India will be the first country to manufacture and sell the new Elevate globally. While the initial introduction of Elevate is focused on the domestic market, India also aims to serve as an important export hub for the new model to other parts of the world, catering to the robust demand for SUVs globally, the company said.
As many as 48,424 strong hybrid vehicles have been sold between October and May. Maruti Suzuki and Toyota Kirloskar started sales of the Grand Vitara and Hyryder, respectively, in October.
The touchpoint will display in its three bays Volkswagen Taigun, Volkswagen Virtus, and the global best-seller Volkswagen Tiguan. The new touchpoint will also house eight bays in the service facility, the company said
Passenger vehicle exports from India rose 15 per cent in FY23 with Maruti Suzuki India leading the segment with dispatches of over 2.5 lakh units, as per the latest data by industry body SIAM.
With sales of over 5.3 lakh units, it is the largest selling model for Honda in India.
Raghuvanshi has over a decade of experience in the auto industry and has been associated with many companies across the sector.
The device will constantly monitor key parts for meeting emission standards such as the catalytic converter and oxygen sensors to keep a close watch on emissions.
"We are going to launch one new model every year for the next three to five years. These could be either new models or variants", Kunal Behl, VP (marketing and sales), Honda Cars India said.
The cars come with sporty exterior styling, elegant interior enhancements and introduction of new features for advanced safety, connectivity and convenience. Both the models are BS-6 RDE compliant on E5 fuel and E20 material compatible, the company said.
Mercedes Benz said that its new format is more of boutique luxury with a unique delivery experience for customers. The company is focusing on resizing and revamping the current setups and then going to new locations. It is targeting to open about 8-10 such outlets this year and by 2024, it wants to transform all the existing outlets to the new luxury format.
With the implementation of the second step of BS VI, all Renault cars will be equipped with a self-diagnostic device. The device will constantly monitor the vehicle’s emission levels while driving, along with other critical emission devices such as the catalytic converter and oxygen sensors, the company said.
The company had sold 10,427 units in the domestic market and exported 1,722 units in January 2022.
The company said that some of the positive factors during the quarter as against the corresponding quarter of last year include cost reduction efforts, improved realization, favorable foreign exchange variation, softening of Commodity prices and higher non-operating income.
The 6-car display area in the showroom will host Taigun, Virtus, and Tiguan models. The 2S facility provides a range of after-sales service through its expansive 19-bay workshop, which is operated by skilled and trained technicians, the company said.
Honda claims that it has been designed with consideration for consumers' evolving lifestyle needs and expectations for Honda's new SUV in terms of design and performance.
The number of petrol and diesel-powered models sold in the Indian market has reduced 20% in about four years — to 136 as of December 2022 from 168 in 2018-19. The number of EV models rose to 18 from three in the same period, while that of CNG-powered ones increased to 19 from 13.
Automakers are keeping an eye on potential dampeners such as a persistent high inflation, price increase on the back of regulatory changes and higher borrowing costs, notwithstanding a robust order book of nearly 750,000 units of passenger vehicles (PVs) as on November 30, said industry executives.
CARS INDIA's balance sheet, profit & loss figures and Financial Ratios
Get plant information and details for CARS INDIA
Know the direct, tier 1 and foreign suppliers for CARS INDIA
Which business is the best revenue generator for CARS INDIA
CARS INDIA's subsidiaries, Joint Ventures, Associates & Signatories
Passenger Vehicle / Commercial Vehicle / Two Wheelers / Automotive / Components / Industry / Tyres / Aftermarket / Policy / Auto Technology / People Movement / Oil & Lubes / New Launches / Raw Material / Financial Results / Auto Finance
Trends / IndustrySpeak / International / Careers / Data & Analytics / Jobs / ETAuto TV / Autopreneur / Interviews / ETAuto Insights / Data / Reports
Retail News / Health News / Telecom News / Energy News / IT News / Real Estate News / Marketing & Advertising News / Technology News / IT Security News / Government News / ETMasterclass News / ET Campus Stars News / Textile News / Sports News / Hotelier News / Facilities News / Fashion News / ElectronicsWorld News / Salon News / Aviation News / WasteManagement News / Light News / Construction News / Packaging News / Safety News / Shipping News / Hospitality News / Travel News / HR News / Pharma News / Legal News / Virtual Conference News / BU News / Water News / Retail News / Virtual Conference News / Infra News