Honda Motor Co

Nissan, Japan's third-largest automaker, backed out of $60 billion merger talks with larger rival Honda after negotiations were complicated by growing differences

HMSI launched swappable battery-run Activa E and fixed battery-run QC1 in November. It is starting deliveries of these two products from this month itself

Honda Cars India on Thursday said it has achieved E20 petrol compliance certification for all the models it sells in the country. The company has achieved compliance for the Elevate, City e:HEV, City, and Amaze models. The achievement highlights Honda's commitment to sustainable mobility and supporting India's transition to greener and cleaner transportation, the automaker said in a statement. The company has embraced E20 petrol since 2009, and all Honda cars manufactured in India from January 1, 2009, are compatible with E20 materials, the company stated. Customers can freely use the E20 petrol in their existing Honda cars without durability concerns or the need to change any part in the car, the automaker said. "The latest compliance certification for all our current models ahead of the pan India E20 fuel introduction aligns with the Government of India's goal to implement greener fuels," Honda Cars India Vice President (Marketing & Sales) Kunal Behl said. The Government of ...

Japanese automaker in 2022 had announced plans to invest $700 million in three plants but is now lifting that to $1 billion, said Jennifer Thomas, a senior vice president at Honda's US unit

Nissan has pledged to cut 9,000 jobs globally and reduce production capacity by 20 per cent

The two models - a sedan and and SUV - will be built at Honda's plant in Ohio and sold in the US starting early next year

Honda is considering several options including a merger, capital tie-up or the establishment of a holding company, Executive Vice President Shinji Aoyama said

The automobile industry's rapid transition toward EVs and fierce competition in China have hurt sales and earnings of foreign automakers, including Japanese, American and German

The company, a relative latecomer to electric vehicles, first had to ensure it could reliably procure batteries and achieve cost cuts

Honda's move marks the latest setback for Japan's legacy car brands in China, where the growing dominance of local players such as BYD and a brutal price war are causing them to lose market share

Japan's second-largest automaker by volume forecast full-year operating profit would rise to 1.42 trillion yen compared with an average profit estimate of 1.39 trillion yen

Japanese firm Honda on Monday said it has commenced work for a spare parts warehouse facility in Doddaballapura near Bengaluru, Karnataka. Managed by Honda Cars India, the new facility will support the spare parts operations for all Honda businesses, including Honda Cars India, Honda Motorcycle & Scooter India, and Honda India Power Products, the company said in a statement. The upcoming facility, which will be operational by the first quarter of FY26, will play an important role in the faster availability of spare parts at Honda dealerships, it added. "This is in line with our commitment towards our customers for providing timely and quicker availability of spare parts for their Honda products," Honda Cars India President and CEO Takuya Tsumura stated. The new facility will not only enhance spare parts accessibility in the southern region of the country but also pave the way for future requirements amid rapid electrification, he added. The development project of the facility will

Honda Cars India on Thursday said it has appointed Ryuto Shimizu as the company's new Director (Marketing & Sales). He replaces Yuichi Murata who has moved to Honda Mexico as President. Shimizu has been associated with Honda for over 25 years and has worked across several international markets during the span of his career including Japan, China and Thailand, the automaker said in a statement. He has worked across the domain of marketing & sales including product planning, overseas operations, and business planning, among others, it added. Prior to joining Honda Cars India, he was in-charge of the Business Planning Office at Honda Automobile (Thailand) Co Ltd from 2021-2023.

Nissan is considering partnering with Honda on key EV parts, as well 'kei car' - boxy vehicles that are smaller and less powerful than regular cars, primarily made for the domestic market

Honda Cars India on Friday reported a 24 per cent increase in wholesales to 8,730 units in the domestic market in November. The company had dispatched 7,051 units in the domestic market in November 2022, Honda Cars India Ltd (HCIL) said in a statement. Exports grew by over four-fold at 3,161 units last month as against 726 units in the year-ago period, it added. "Our product line-up saw a good surge in demand throughout the festive period. Our new SUV Elevate has been well received by the market with very high customer consideration," HCIL Director (Marketing and Sales) Yuichi Murata stated. The automaker is confident of carrying forward this growth momentum for the rest of the year, he added.

Japanese auto major Honda Motor Co Ltd will continue to invest in India, a key market for its future growth strategy while also accelerating electrification of vehicles in line with its global plans to achieve carbon neutrality by 2050, according to top company officials. At the global level, Honda is open for alliances and collaboration with other firms if it offers a "win-win" situation in the wake of new development in the mobility sector, Honda Motor President and CEO Toshihiro Mibe told visiting Indian journalists at the company's headquarters here in an interaction. "Our strategy is to achieve carbon neutrality by 2050. To achieve that, we have milestones set for 2030-35 and 2040...For Honda, the Indian market is a big market and it is the market where electrification is rapidly progressing for both cars and two-wheelers," he said. Underlining the significance of India, Asian Honda Motor Co President & CEO and Head of Regional Operations (Asia & Oceania) Toshio Kuwahara

The sale for Honda Elevate is scheduled to begin in September 2023 along with the deliveries. Pre-launch bookings for the car have already begun

To woo customers, dealerships are also offering additional accessories such as floor mats and decorative parts like chrome elements free of cost

The Elevate measures 4312 mm in length, suggesting generous cabin space for passengers

Honda will place the Elevate in the fiercely competitive midsize SUV segment that has established players like Hyundai Creta and Kia Seltos