Japan's Honda Motor Co Ltd on Tuesday said it is within reach of achieving the number one position in the Indian two-wheeler market and will introduce a variety of products, including scooters and EVs, to solidify its position. The company, which parted ways in 2011 with erstwhile partner Hero MotoCorp -- the current market leader, said it will also strive to capture the largest market share in the electric two-wheeler segment in India, where it will begin operating a dedicated electric two-wheeler production plant in 2028. "We have launched highly competitive products of all kinds... With the advantage of the strength of 6,000 dealers and service networks covering all the geographies of India, we have increased the unit sales. Now, the number one position is well within our sight," Honda Motor Co Executive Officer, Chief Officer, Head of Motorcycle and Power Products Operations, Motorcycle Business Unit, Minoru Kato said in a news conference in Tokyo. "Going forward, we will ...
Honda's global motorcycle sales are forecast to reach 20.2 million for the fiscal year ending this March, the Japanese company said during a briefing Tuesday
The two-wheeler receives a new 4.2-inch TFT display, a USB-C charging port and complies with the upcoming OBD-2B emission norms
Honda is unveiling two electric scooters in India, Activa E and QC1. The scooter will go on sale in February, while the booking will begin in January next year. Here's all you need to know
Honda Motorcycle & Scooter India on Monday said it is recalling certain units of its bike models like CB350 and H'ness CB350 due to issues with wheel speed sensor and camshaft. The company is recalling CB300F, CB300R, CB350, H'ness CB350 and CB350RS, manufactured between October 2020 and April 2024, for issues with wheel speed sensor, the two wheeler major said in a statement. "It has been observed that due to an improper molding procedure being followed, water may seep into the wheel speed sensor. This may lead to a speed sensor malfunction causing error in the speedometer, traction control or ABS intervention," it said. In the worst case scenario, it may result in ineffective braking, it added. Units manufactured from October 2020 to April 2024 are affected under this potential issue, the company said. For issues with camshaft component, HMSI is recalling units of CB350, H'ness CB350 and CB350RS. "It has been identified that an improper manufacturing process being followed for
In the last 12-18 months, India's old major two-wheeler makers such as TVS Motor, Bajaj Auto, and Hero MotoCorp have solidified their positions in the electric scooter market
Honda Motorcycle & Scooter India is looking to enter the electric vehicle segment this fiscal and eyes one-third of its overall sales to accrue from the segment by 2030. Speaking to reporters on the sidelines of 64th SIAM annual session here, HMSI Director (Sales and Marketing) Yogesh Mathur said the company will be entering the EV segment this fiscal. He noted that the contribution of electric two-wheelers in overall two-wheeler sales was continuing to grow. "And what we understand is that by 2030 there will be a major shift towards EVs and we have announced that by 2030 in our lineup also..one-third at least will be coming only from EV models," Mathur said. The EV model is being developed jointly by HMSI and Honda teams, he added. On capacity utilisation at its plants, Mathur said the company's plants were currently running at full capacity. The company will be tweaking the production capacity further in terms of per day basis, he said. HMSI has an installed production capacit
Unicorn's sales swelled 117.6 per cent Y-o-Y to 163,090 units in the January-July period this year, making it the ninth best-selling motorcycle model in the country
Two-wheeler sales jump 34%; PV exports up 20%
Honda Motorcycle & Scooter India (HMSI) on Friday said it is recalling certain units of its superbikes GL1800 Gold Wing and CBR1000RR to inspect and replace faulty fuel pumps. Honda GL1800 Gold Wing manufactured between December 2017 and December 2023 and CBR1000RR manufactured between September 2017 and April 2020 are affected, the two-wheeler major said in a statement. HMSI, however, did not provide an exact number of the units being recalled. "The fuel pump impellers may have been improperly molded, which can cause them to deform and result in fuel pump failure. If the fuel pump module becomes inoperative, the engine may not start or can stall without indication while riding," the company stated. The inspection and replacement of fuel pumps will be carried out at BigWing Topline dealerships across India, it added.
A noticeable shift in customers' preferences from the 100cc to the 125cc segment, due to a rise in purchasing power, has also benefited HMSI, he explained
Competing in the mid-capacity segment, the Jawa 350 will face off against the Royal Enfield Classic 350 (priced between Rs 1.93 to 2.24 lakh) and Honda H'ness CB 350 (ex-showroom Rs 2.09 - 2.16 lakh)
Prior to this expansion, the plant had a capacity to produce 1.3 million units a year of scooter models like the Activa, Dio, Activa 125, Dio 125, etc
The recent festive season saw robust growth in two-wheeler sales, reaching 2,893,107 units, marking a 20.71 per cent increase compared to the previous year
It raised its full-year forecast by nearly 13% to 620 billion yen due to a favourable impact of a weak yen and improvements in global retail sales, excluding China
This contrasts sharply with the passenger vehicle (PV) market, where automotive manufacturers are posting record sales numbers
The bike is available in three colours: Racing Red, Ebony Black, and Metallic Pearl White
Honda Motorcycle and Scooter India (HMSI) on Friday said its sales increased by 3 per cent to 4,77,590 units in August. The company dispatched 4,62,529 units to dealers in August 2022. Last month, the company sold 4,51,200 units in the domestic market, HMSI said in a statement. It also dispatched 26,390 units to export markets, it added.
The pricing will play a crucial role in terms of the challenge Triumph can pose to the market leader, Royal Enfield
Honda Motorcycle and Scooter India (HMSI) on Wednesday said it has unveiled an extended warranty initiative for all scooter and motorcycle models up to the 250 cc segment. The initiative enables customers to acquire an extended warranty within a flexible window of 91 days to ninth year from the date of vehicle purchase, the two-wheeler major said in a statement. The programme not only grants customers a comprehensive 10-year warranty coverage but also offers renewal options that remain transferable even in the event of a change in ownership, it added. "Customer satisfaction has always been crucial in the vehicle purchasing process, with after-sales service playing a vital role. As a leading two-wheeler manufacturer, the company aims to surpass customer expectations and set new benchmarks," HMSI Director (Sales & Marketing) Yogesh Mathur stated. It is the industry's first programme to offer extended warranty coverage of up to 10 years, inclusive of high-value parts, he added. "This