With this tie-up, HCIL strives to assist its customers to get the best value of their ELVs and facilitate hassle-free deregistration and issue of Certificate of Deposit/ Destruction through its dealer partners, the carmaker said.
This collaboration between HCIL and IDBI Bank will facilitate customers to get hassle-free affordable financing options and schemes for the purchase of Honda Car models.
Honda City offered a strong aspirational value for buyers and driving enthusiasts with an engine that boasted over 100 hp in the late 90s. Honda states that the City has been a key pillar of business for the company since its inception, and has cumulatively recorded more than 9 lakh unit sales in India and its export markets.
On a cumulative basis, the company’s wholesales have grown by 40% over last year, the automaker said.
Billed as the first mass market hybrid model, there are quite a few things going in favour of the City hybrid including lower carbon emissions and higher fuel economy. But it doesnt look all that different from the regular City and comes at a significant premium.
Chip shortage continued to impact our production and despatches in February 2022, the company said.
Takuya Tsumura will take over Gaku Nakanishi, who will move from India to the regional headquarters in the Asia and Oceania region, Asian Honda as the General Manager of the Automobile Business, it added.
The partnership facilitates HCIL customers to avail of easy financing options and hassle-free car loans from Canara Bank for the purchase of Honda cars, the company said.
According to ETAuto sources, the new product development is at a very early stage under codename 31XA. It will be built on a completely new platform globally and will take on the likes of Hyundai Creta and sister-brand Kia’s Seltos in the mid-size SUV segment. According to the sources, the Start of Production (SOP) for the upcoming SUV is scheduled for August 2023. However, while the company confirmed its foray into the segment, it was tight-lipped about the specifications and launch of the new product.
Siddharth Shriram (76), the founding chairman of Honda’s automobile business in India passed away on Monday due to COVID-19
For the financial year 2020-21, domestic sales were at 82,074 units, down 19.60% compared to 1,02,016 units in 2019-20.
Japan's Honda Motor Co on Wednesday said it will be the world's first automaker to mass produce level 3 autonomous cars that will allow drivers to let their vehicles navigate congested expressway traffic.
The new digital solution will provide comprehensive retail experience to customers with one-stop information and interface for car prices, dealer selector, special promotional offers, finance options from leading banks, on-road price, and preferred delivery location option for the car to be purchased.
Honda Jazz gets a host of exterior and interior updates, including revised design and new features.
The Amaze, now in its second-generation, is currently Honda’s largest selling model in India, claims the automaker.
One of the most aspirational mass-market car brands, Honda had already been facing shrinking sales in India which is hit harder due to the pandemic. The company known for its strong HR policies has recently rolled out a Voluntary Retirement Scheme (VRS). According to sources a large number of senior and mid-level executives have opted for the scheme. The carmaker is providing them salary of 12 to 15 months along with assistance from an HR firm to secure them alternate jobs.
New Honda Jazz will be powered by BS-VI compliant 1.2-litre i-VTEC petrol engine with both Manual and CVT transmission options.
As the Honda Cars fixes its entry-point with Amaze (price starts at Rs 6 lakh) and has no play in the market below this, the carmaker is much in-line with changing market dynamics which are moving up, so rapidly. The average car price in the country has moved from Rs 5-lakh to Rs 7.6-lakh in the past decade. However, limited product lineup and almost absent from more than 70 percent of the market including the fast proliferating compact SUV, will Honda Cars revive itself with a strategy restricted to the premium segment, Nabeel A Khan finds out.
Honda City midsize sedan competes with rivals like Maruti Suzuki CIaz, Hyundai Verna, Volkswagen Vento, Skoda Rapid and Toyota Yaris.
The diesel Civic in VX grade also gets additional curtain airbags and now both the diesel grades in VX and ZX come with 6 airbags as standard.
| Name | DIN | Designation | Date of joining | |
|---|---|---|---|---|
| Alka Marezban Bharucha | 114067 | alka.bharucha@bharucha.in | Director | 04 Mar,2015 |
| Manoj Arora | 844279 | manoj@airjaldi.net | Director | 04 Mar,2015 |
| Satoshi Kato | 8408127 | skato@hondaaccess.co.in | Director | 08 Aug,2019 |
| Masaaki Morita | 8745418 | mmorita@hondacarindia.com | Wholetime Director | 10 Jul,2020 |
| Hidenori Ashikawa | 8745005 | hashikawa@hondacarindia.com | Wholetime Director | 01 Aug,2020 |
| Shinya Miyamoto | 9120412 | smiyamoto@hondacarindia.com | Wholetime Director | 01 Apr,2021 |
| Akira Osaki | 9120459 | aosaki@hondacarindia.com | Wholetime Director | 01 Apr,2021 |
| Yuichi Murata | 9432671 | ymurata@hondacarindia.com | Additional Director | 01 Jan,2022 |
| Takuya Tsumura | 9543755 | Takuya.Tsumura@honda-eu.com | Additional Director | 01 Apr,2022 |
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