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Honda Siel Cars India (HSCI) launched a ‘Select Edition’ version of its premium hatchback, the Honda Jazz, this week. Priced at Rs 7.21 lakh (ex-showroom, Delhi), the special edition Jazz has been launched to celebrate the ‘Car of the Year’ award that it won at the NDTV Profit – Car India and Bike India Awards 2010. The car comes with several Read More...


 

A number of auto companies in the country have hiked car prices following the announcement of Budget 2010-11 last week, which increased the excise duty on all non-oil products from 8 percent to 10 percent. The excise duty on bigger cars, which stood at 20 percent earlier, has also gone up to 22 percent. The companies that have announced definitive Read More...


 

Honda Siel Cars India (HSCI) this week named Takashi Nagai its next President and CEO. Mr Nagai will assume office on April 1, 2010. He currently serves as the Executive Vice President of the Asian Honda Motor Co. in Thailand, and will replace Masahiro Takedagawa in India. His responsibilities will include looking after the overall operations of Read More...


 

Honda Siel Cars India (HSCI) will soon be starting work on its second plant in the country, in Rajasthan. The company had earlier put its plan to start production at the Rajasthan plant on hold, due to declining demand. The plant will have an annual production capacity of 60,000 units and will see an investment of $215 million. Production at the Read More...


 

Auto makers in the country continued to record high car sales in January 2010, on the back of several new model and variant launches and the impending hike in car prices later in the year. Market leader Maruti Suzuki posted a 21 percent sales growth in the month by selling 81,087 units in the domestic market, while Hyundai Motor grew by 40 Read More...


 

Honda Siel Cars India (HSCI) may take upto three weeks to replace faulty power-window switches in the 2007 Honda City, as the component is imported from Thailand. A Honda official said that Honda City owners could continue driving their cars in the meanwhile. The Japanese company had recalled a total of 6.46 lakh cars last week, including 8,532 Read More...


 

Japanese auto company Honda has ordered a recall of 8,532 units of its popular sedan, the Honda City, in India, due to a fault in the car’s power window switch. The defect has affected cars manufactured in 2007, and may cause problems in the window switch during heavy rains or if the car is accidentally exposed to other liquids. The move is a part Read More...


 

Dealers of premium hatchback Honda Jazz are offering the car at discounted prices to clear stocks. Stocks of the 2009 version of the car have still not been sold, leading dealers to offer discounts of up to Rs 40,000 on it, along with lower interest rates. Honda Siel itself, however, does not intend to lower the car’s price. The company said that Read More...


 

Honda Siel Cars India (HSCI) will initially sell its small car only in India, Nepal, Bhutan and Bangladesh, said the company Vice President, Mr Jnaneshwar Sen. The car will be launched in 2011, and has been designed specifically for the Indian market. A concept version of the car was unveiled at the 2010 India Auto Expo last week. Mr Sen said that Read More...


 

Honda Siel Cars India (HSCI) unveiled its new small car concept at the 10th India Auto Expo last week. The car is being developed specifically for the Indian market, and will be launched in 2011. This is the first time in its history that Honda has had a world premiere of a car in India. HSCI President and CEO, Mr M Takedagawa, said that the car’s Read More...


 

Passenger vehicle sales in India continued to grow at double-digit rates in December 2009 on the back of government stimulus, easy car loans and a spate of attractive offers by car companies. Maruti Suzuki’s passenger car sales were up from 52,029 units in December 2008 to 71,000 units in December 2009 – an increase of 36.5 per cent. Tata Motors Read More...


 

Two-wheeler company Honda Motorcycle and Scooter India (HMSI) is planning to set up its second plant in India outside Haryana, following continual labour protests at its Manesar facility. The company wants to increase its production capacity beyond 15 lakh units. In addition to setting up a new production unit, it will also expand its Manesar Read More...


 

Passenger car sales in India rose significantly in November 2009, on the back of a low-base effect and festival discounts. Car sales had plummeted by 19.3 per cent in November 2008, compared to sales in the same month in 2007. Maruti Suzuki posted a 61.6 per cent growth in domestic sales, up from 47,103 units in November 2008, to 76,106 units Read More...


 

The JD Power India Initial Quality Study 2009, which rates vehicles based on the problems customers have with them in the first 2-6 months of ownership, ranks the Chevrolet Spark highest in the compact car segment. The Maruti Ritz tops the premium compact car segment, while the Ford Ikon is number one in the entry midsize segment. The Honda City Read More...


 

The third-generation Honda City, launched in India in September 2008, has reached a milestone by selling 50,000 units in just 12 months. Honda Siel Cars India (HSCI) first introduced the City in India in 1998, since when it has sold a total of 2.8 lakh units. It is the company’s highest-selling model in India, and has won more than 30 Read More...


 

Honda Siel Cars India (HSCI) may launch its small car earlier than 2011-12, to give competition to other small cars scheduled for launch around the same time. Codenamed 2CV, the car is being developed specifically for the Indian market. It is expected to come with a 1.1 litre petrol engine, and will be priced between Rs 4 lakh and Rs 4.5 lakh. The Read More...


 

Japanese auto company Honda Motor will be focusing primarily on India and China to drive its growth in the future. Honda’s President and Chief Executive Officer Takanobu Ito said this week that selling cars was becoming difficult the world over and that it was important for the company to prioritise its markets. He also said that the company was Read More...


 

In marked contrast to last month’s Tokyo Motor Show, the Delhi Auto Expo to be held in January 2010 is attracting automakers from all over the world. Media reports say that though there are still two months left for the Expo, the venue – Pragathi Maidan - is already fully booked. The Auto Expo will begin on January 5, and will go on for a week. Read More...


 

Festival discounts and new car launches continued to provide an upward thrust to auto sales in October 2009. Market leader Maruti Suzuki saw a 21 per cent increase in domestic sales, and a whopping 158.5 per cent increase in exports. The company sold a total of 71,551 units in India in October 2009, compared to 59,127 units in October 2008. Read More...


 

Honda Siel Cars India (HSCI) launched a new version of its SUV, the Honda CR-V, this week. The new CR-V is priced between Rs 21.9 lakh and Rs 24.12 lakh (ex-showroon, Delhi), and comes in three variants with engine capacities ranging from 2.0-2.4 litres. It is 45mm longer than its previous version, and sports a redesigned bumper, a new front Read More...


 

According to the ‘JD Power Asia Pacific 2009 India Customer Service Index (CSI) Study’, Maruti Suzuki continues to top the list of Indian auto companies in customer service, even in the face of increasing competition. This is for the tenth consecutive year that Maruti has topped the list, with a score of 824 on 1000. Honda Siel comes second with Read More...


 

Car sales in India touched 25,000 units on the occasion of Dhanteras last week. Celebrated two days before Diwali, Dhanteras is considered an auspicious day to purchase metal items. While market leader Maruti Suzuki sold 8,000 cars in a single day, Honda Siel Cars India too recorded a high sales figure of 1,200 units. Honda’s Vice President Read More...


 

Honda Motorcycle and Scooter India (HMSI), a wholly-owned subsidiary of Japan’s Honda Motor, is beset with continuing labour problems. Labour unrest at the company started as a result of its new long-term wage settlement after the previous agreement expired on July 31, 2009. The labour union is demanding a higher fix than the current Rs 25,000 Read More...


 

Auto sales in India continued to rise in September 2009, on the back of low interest rates on auto loans, the revival of the economy and the beginning of the festival season. Several auto companies in the country are hoping to maintain the upward surge in the coming months. Maruti Suzuki, the biggest passenger car company in India, sold a total of Read More...


 

Close on the heels of the launch of the new Honda Civic, Honda Siel Cars India (HSCI) has launched a new variant of its most successful car in the country, the Honda City. The new V-grade variant of the City is powered by a 1.5 litre, 4-cylinder i-VTEC engine with a maximum power output of 118 PS. It features beige interiors, five spoke alloy Read More...


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