Page 2 - Hmsi

Hero, Honda Motorcycle and Scooters festive period output lowest in 7 years

The duo account for close to 60% of the domestic two- wheeler market

Covid-19 impact: HMSI to temporarily shut 4 production plants from May 1

Honda Motorcycle & Scooter India (HMSI) on Thursday said it will temporarily shut its four manufacturing plants across the country for 15 days with effect from May 1, in view of the severe situation on account of COVID-19 second wave and subsequent multiple lockdowns across various cities. The two-wheeler major said it will utilise the production halt from May 1 to May 15, for its annual plant maintenance activities. "Depending upon the evolving COVID situation and the market recovery, the company shall be reviewing its production plan in the subsequent months," HMSI said in a statement. During the period, all Honda office associates will continue to work-from-home to maintain business continuity while extending all possible support to customers and business partners, it added. Only the essential staff will be working at all company plants and various offices across the country, the two-wheeler maker noted. HMSI has production facilities at Manesar in Haryana, Tapukara in ...

HMSI to recall certain number of H'ness CB350 bikes

Honda Motorcycle and Scooter India (HMSI) on Friday said it is recalling a certain number of its recently launched 350cc bikeH'ness CB350 to fix a faulty transmission part.

Exploring possibility of exporting H'nessCB350 to global markets: HMSI

Honda Motorcycle & Scooter India (HMSI) is exploring the possibility of exporting its mid-sized premium bike H'ness CB350 to various markets across the globe even as it works to cater to the robust demand for the model in the domestic market, a senior company official said. The company rolls out the bike with over 90 per cent localisation from its Manesar (Haryana) based manufacturing facility. HMSI had introduced the bike in October 2020 and has already crossed 10,000 sales mark in February this year in the domestic market. "Since this model is already meeting the European regulations, there are many countries where this model could be exported. So we are in discussion with our headquarters. Already the model is three months old in the domestic market and there is interest from other Honda companies across the globe," HMSI Director (Sales and Marketing) Yadvinder Singh Guleria told PTI in an interaction. Terming it "one model which is Made in India for the world", he noted that ..

20 yrs of India operations: HMSI crosses sales milestone of 7 mn units

Honda Motorcycle and Scooter India Pvt Ltd (HMSI) on Thursday said it has crossed the cumulative sales milestone of 70 lakh units in north India in its 20th year of operations in the country. The company, which hit the Indian market in 2001 with its scooter model Activa, said it took 15 years for it to touch the first 35 lakh cumulative sales mark in north India -- comprising Jammu & Kashmir, Ladakh, Rajasthan, Punjab, Haryana, Himachal Pradesh, Delhi and Chandigarh -- but doubled it in just 5 years. Commenting on the milestone, HMSI Director Sales & Marketing Yadvinder Singh Guleria said the company's first factory became operational in north, in Haryana in 2001. With increasing demand, the second factory was also added in north region, in Rajasthan. "As Honda is set to begin its 3rd decade in India, north region shall continue to remain our focus," he said. Honda will further strengthen its leadership in the scooter segment with the Activa brand, Guleria said adding the ...

Two-wheeler industry hopeful of growth in Q4 but wary of Budget: HMSI

The farmers' agitation and Budget are "sort of dark clouds" as the two-wheeler industry is hoping for a low single-digit sales growth in Q4 of 2020-21 on the back of a low base of previous year

Expect banks to lend more to the two-wheeler segment: Honda Motor

Honda Motorcycle and Scooter India (HMSI) on Friday said banks should enhance lending to two-wheeler customers in order to help revive the sector

GST reduction on two-wheelers to act as 'tailwind' for industry: HMSI

"It will definitely help and act as a tailwind for the industry against what we are seeing today, the headwinds from multiple sides," Guleria noted

HMSI forays into 180-200cc bike segment in India with Hornet 2.0

Honda Motorcycle and Scooter India (HMSI) said it has forayed into 180-200cc bike segment in the country with the launch of all-new model Hornet 2.0, priced at Rs 1.26 lakh (ex-showroom Gurgaon).

HMSI aims to drive in multiple products in motorcycle segment for expansion

Two-wheeler major Honda Motorcycle and Scooter India (HMSI) aims to expand its bike portfolio in the country as it looks to bring in new set of customers from both rural and urban areas

HMSI crosses 1.1 mn sales in India for BS-VI compliant two wheelers

Honda Motorcycle & Scooter India (HMSI) on Friday said it has crossed 11 lakh cumulative sales mark in the domestic market for BS-VI compliant two-wheelers. The company said it had ended 2019-20 fiscal with sales of over 6.5 lakh units of BS-VI compliant two-wheelers. It's a matter of great pride for us at Honda, that our 11 advanced BS-VI models have won the vote of confidence and created a new joy of riding among customers across India," HMSI Director - Sales and Marketing Yadvinder Singh Guleria said in a statement. The company's product portfolio stands out as the industry's most diverse starting from 110cc scooters and motorcycles going up to 1,100cc premium adventure bikes, he added. "As many customers are now preferring personal mobility for safety and hygiene in the challenging times of new normal, Honda is unlocking new value with its many initiatives like online bookings, and attractive retail finance schemes," Guleria said.

HMSI launches online booking platform for contactless customer engagement

Honda Motorcycle and Scooter India said it has launched online booking platform on its official website in order to strengthen contactless customer engagement in times of social distancing.

Honda Motorcycle and Scooter India launch BSVI version of Livo at Rs 69,422

Honda Motorcycle and Scooter India (HMSI) on Tuesday said it has launched BSVI version of its 110-cc bike Livo at a starting price of Rs 69,422 (ex-showroom).

Two-wheeler segment may see double digit sales dip in FY21: HMSI

The company remains optimistic on the long-term growth prospects of the domestic two-wheeler industry

HMSI plans local production of some imported premium bikes from next fiscal

The two-wheeler major is also looking to have a separate exclusive sales network for the premium bikes

Honda Motorcycle & Scooter launches BSVI Dio, price starts at Rs 64,584

Honda Motorcycle & Scooter India Pvt. Ltd on Tuesdayannounced the launch of the all new BSVI Dio in the city, with prices starting from Rs 64,584 (ex- showroom, Bengaluru). On the launch day itself, 301 units of Dio BSVI were delivered across the city, HMSI said in a release. "South has always been an important market for Honda 2Wheelers India and Honda is the leading two wheeler brand in the region with 34 per cent market share. Dio has grown today to become the second highest selling two-wheeler in the south region," HMSI Senior Vice President, Sales and Marketing, Yadvinder Singh Guleria, said. "We are confident that with its new sporty aggressive design and advanced technology the new Dio BSVI will create yet another excitement among fun-seeking youngsters," he said. The company said the New Dio BSVI will be available in two variants - Standard and Deluxe.

Honda celebrates 20 years of Activa scooter with the 'power of six'

Honda turns up the lights for its flagship two-wheeler brand as it completes two decades on the road

HMSI doesn't expect revival in auto industry for next two quarters

Honda Motorcycle & Scooter India on Wednesday said it does not see any revival in the automobile sector in the near term. The automobile sector recorded its worst-ever sales decline in two decades in 2019. Speaking after the launch of company's third BS-VI compliant product, the 110-cc Activa 6G scooter, Hero Motorcycle & Scooter India (HMSI) Senior Vice President for Sales and Marketing Y S Guleria said he was not very hopeful of the government giving any concession to the industry on GST rates. "If it happens, definitely it will help from customer point of view," he added. "In near future we do not see any positive revival coming in the market, and after sometime in the long term...But for next two quarters, we are not that upbeat because there is a transition which is going to happen from April 1," Guleria said referring to the BS-VI emission norms becoming mandatory. There will be some time lag and that will also shift the demand, he said, adding Honda is also trying to ...

Suzuki Motorcycle overtakes Hero MotoCorp to be third largest scooter maker

Suzuki Motorcycle India Pvt Ltd (SMIPL) has overtaken Hero MotoCorp to be the third largest scooter maker by sales in the first half (H1) of the current fiscal, according to a latest data by auto industry body SIAM. Honda Motorcycle & Scooter India (HMSI) continues to be the undisputed leader in the segment followed distantly by Chennai-based TVS Motor Company. In April-September this fiscal, SMIPL sold a total of 3,41,928 units of scooters as compared to Hero MotoCorp's 2,49,365 units, as per Society of Indian Automobile Manufacturers (SIAM) data. During the comparable period a year ago, SMIPL had sold 2,91,847 units as compared to Hero MotoCorp's 3,91,019 units. In terms of growth, SMIPL saw its scooter sales grow by 17.16 per cent in April-September this fiscal -- the only scooter maker among top the top five manufacturers to post positive numbers. Hero MotoCorp, on the other hand, witnessed a decline of 36.23 per cent in the same period. The total scooter market had declined

Workers of Honda Motorcycle's Manesar plant stage protest march

The march started from the plant to Gurgaon Deputy Commissioner's office