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Honda Cars India Registers Growth Of 23% In January 2019
car&bike Team
Feb 1, 2019, 10:18 PM
During the ongoing financial year, the company has registered a cumulative growth of 5.7 per cent, selling 153,058 units during Apr'18 - Jan'19, against 144,802 units in the corresponding period last year.
1 Min
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    In all, Hero MotoCorp sold nearly 18 lakh two-wheelers in the third quarter of the current financial year (October to December, 2018).
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  • Car Sales January 2019: Massive Drop In Ciaz Sales Puts Pressure On Maruti Suzuki
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  • Maruti Suzuki India Profits Go Down By Over 17% In Q3 FY 2019
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    Maruti's total profit went down by 17.2 per cent, compared to the company's performance over the same period of the previous year. The company's profit after tax in the same quarter previous fiscal year stood at Rs 1,799 crore.
    1 min read
  • BMW Motorrad Achieves 8th All-Time Sales High Globally In 2018
    Sameer Contractor | Jan 18, 2019
    BMW Motorrad Achieves 8th All-Time Sales High Globally In 2018
    BMW Motorrad registered a growth of 0.9 per cent in premium two-wheeler sales globally with 165,566 vehicles sold at the end of December 2018, as opposed to 164,153 units delivered to customers the previous year. The manufacturer registered significant growth in several key markets across the world including India, while established markets like Europe and USA continued to be the growth drivers for the company's motorcycle business. Helping the company build volumes were the made-in-India BMW G 310 R and G 310 GS motorcycles as one of the top five selling models. The manufacturer now is aiming to achieve a sales target of 200,000 units in the year 2020.
    1 min read
  • Honda Cars India To Hike Prices By Upto Rs. 10,000 From February 2019
    car&bike Team | Jan 17, 2019
    Honda Cars India To Hike Prices By Upto Rs. 10,000 From February 2019
    Honda Cars India today announced a price increase on all its models, which will be effective from February 1, 2019. The company had already increased prices of its cars in January 2019 by up to 4 per cent and the coming month will see its cars getting costlier. The price increase on the CR-V will be Rs. 10,000 and on other models upto Rs. 7,000 depending on the variant.
    1 min read
  • Honda Amaze Sales Cross 63,000 Mark In India
    Seshan Vijayraghvan | Jan 16, 2019
    Honda Amaze Sales Cross 63,000 Mark In India
    The new-generation Honda Amaze has recently crossed the 63,000 sales mark in India, as of December 2018. The car which was launched in May 2018 has achieved this sales milestone in just seven months, with monthly average sales of over 7800 units.
    1 min read
  • SIAM Expects Budget Council To Cut Tax Rates On CKD Components In The Upcoming Budget Session
    car&bike Team | Jan 15, 2019
    SIAM Expects Budget Council To Cut Tax Rates On CKD Components In The Upcoming Budget Session
    The move could give a strong push to the passenger vehicles sales which otherwise have been cruising in the slow lane in the second and third quarter of Fiscal Year 2018-19 and the industry isn't expecting the performance to improve significantly even in the last quarter. Moreover, luxury carmakers like Mercedes-Benz, BMW, Audi, Volvo and Jaguar Land Rover who generally use a high level of export components in locally assembled models would be the major gainers from such a move.
    1 min read
  • SIAM Anticipates Carmakers To Miss The Sales Target In FY2019
    car&bike Team | Jan 15, 2019
    SIAM Anticipates Carmakers To Miss The Sales Target In FY2019
    2018 was a mixed bag for carmakers in India as there were several roadblocks which the industry body didn't see coming. At the start of 2018 the sales started on a good note as the first quarter of the Fiscal Year 2018 posted healthy sales. However, that didn't go for long on the wake of several disruptions which affected the sentiments of car buyers and in-turn the sales in the auto industry. Therefore, the Society Of Indian Automobile Manufacturers (SIAM) is expecting to miss the growth target of 7 per cent for the passenger vehicle segment in FY2019.
    1 min read
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