Honda Motorcycle & Scooter India has signed a Memorandum of Understanding with Punjab National Bank for attractive retail finance to its customers. Mr. S. S Bhatia (General Manager â€“ Retail Assets Division) and Mr. Yadvinder S. Guleria (Vice President â€“ Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd.) were present to sign the MoU.
Jodhpur: Honda Cars India Ltd. (HCIL) has initiated its â€˜Longest Drive through Amazing Indiaâ€™. No prizes for guessing it’s a Honda Amaze journey. The celebration drive kicked off in Jodhpur, and will entail a distance of over 23,000 Kms across India culminating at Greater Noida.
Honda Cars India, the fastest growing car company in the country currently, has some exciting new products in pipeline. But, with their existing plants running to capacity, it will be difficult to cope with the rise in demand which is expected once new products are launched.
Honda Cars India Ltd. (HCIL) has sold more than a lakh 1.5L i-DTEC diesel engine powered cars here. Honda Amaze, City and Mobilio diesel variants have already traversed 90 crore kms cumulatively according to service data.
Honda Motorcycle & Scooter India has sold 10 lakh units of itâ€™s Dream Series mass motorcycles. Dream Series emerges as preferred choice for a million in about 26 months. Hondaâ€™s 100-110cc segment presence is its fastest here having improved by 400% (2%-8%).
Honda Cars India Limited (HCIL) has shifted all-new Honda City sedan production to its Tapukara plant in Alwar, Rajasthan in order to keep pace with growing demand across vehicle segments. Through August 2014, Honda City production is stalled. Operations will resume in first week of September 2014.
Honda Motorcycles and Scooters India (HMSI), leaders in the scooter segment in India with a 53% market share is eager to enhance position even further. It is for this reason and for the fact that demand has seen a notable increase that the company has planned the worldâ€™s largest scooter plant in Gujarat. This plant will have capacity to produce 12 lakh (1.2 million) units per annum.
Honda Cars India Ltd (HCIL) reports monthly domestic sales of 15,709 units in July 2014 over 11,223 units in July 2013 to register 40% sales growth.