Ford F-series top selling model for September 2009 on 3.5 percent sales increaseOctober 1st, 2009 Top-selling vehicles in the US in SeptemberAutomakers released September U.S. sales figures Thursday.
Honda Siel to export engine parts to JapanSeptember 8th, 2009 NEW DELHI - Car manufacturer Honda Siel Tuesday said it would export engine components to Japan from October. "This export programme is due to a shortage of Japanese supply, Honda Siel president and chief executive Masahiro Takedagawa told reporters on the sidelines of a conference.
Honda reports plunging profit, but raises forecast as it holds up better than rivalsJuly 29th, 2009 Honda reports plunging profit but raises forecastTOKYO — Honda reported a 96 percent drop in first quarter profit to 7.5 billion yen ($79.8 million), the automaker's first earnings drop in four years, but raised its full-year forecast. Honda Motor Co.
Hero Honda net jumps 83 percentJuly 29th, 2009 NEW DELHI - Two-wheeler major Hero Honda Motors Wednesday reported 83 percent jump in profits to Rs.500 crore ($103 million) for the quarter ended June 30 as compared to Rs.272.8 crore in the like period last year. The total income surged 33.7 percent to Rs.3,864 crore from Rs.2,890 crore, the company said in a regulatory statement.
Honda to set up another engine plant in RajasthanJune 17th, 2009 Kochi (Kerala), June 17 (ANI): Honda Siel Cars India (HSCIL), a subsidiary of Honda Motor, Japan, plans to set up an engine manufacturing and car assembly plant at an investment of around Rs. 1600 crores in Rajasthan.
Japan Honda executive says automaker never interested in GM, Chrysler assetsJune 12th, 2009 Honda has no interest in GM, Chrysler assetsTOKYO — Honda Motor Co. has never had much interest in the assets of General Motors or Chrysler, but it remains open to sharing hybrid and other technology with rival automakers, a senior executive said.
Honda launches small car Jazz in IndiaJune 11th, 2009 NEW DELHI - Leading car maker Honda Motor Co Wednesday launched its maiden compact car Honda Jazz in the Indian market, priced in the range of Rs.6.98 lakh and Rs.7.33 lakh. The launch of Jazz marks the entry of Honda Siel Cars India, a joint venture between Honda and India's Siel Ltd, into the competitive small car segment, which is dominated by Maruti Suzuki and Hyundai Motor.
Honda says 4Q, fiscal year profits plunge, but beats annual targetApril 28th, 2009 Honda 4Q, fiscal year profits plunge, beats targetTOKYO — Honda says profit plunged during its most recent quarter, but its annual result was well above its target. Japan's second-biggest carmaker said Tuesday it had a net loss of 186.16 billion yen ($1.94 billion) in the January-March period, down from a profit of 25.43 billion yen a year earlier.
Hero Honda net up 32 percent last fiscalApril 21st, 2009 MUMBAI - Two-wheeler major Hero Honda Motors Tuesday said its net profit was up 32.42 percent at about Rs.12,818 million for the year ended March 31 from Rs.9,679 million it logged the previous year. The company's net income grew 19.21 percent to Rs.125,378 million from Rs.105,172 million for the period under review.
Honda launches 'improved' Activa scooterMarch 27th, 2009 NEW DELHI - Leading two-wheeler manufacturer Honda Motorcycle and Scooter India Friday launched a new model of its scooter 'Activa' that boasts of an improved mileage among other features. With an 110-cc engine instead of the earlier 102-cc, the new Honda Activa comes with a 15 percent increased mileage and a technology that enables braking over shorter distances, the company said in a statement.
Hero Honda CEO downplays Nano impact on two-wheelersMarch 26th, 2009 NEW DELHI - Hero Honda, India's largest two-wheeler manufacturer, Thursday said the launch of the Rs.100,000 Nano will not eat into the two-wheeler market. 'There will be no impact of Nano on the two-wheeler market,' Hero Honda managing director and chief executive Pawan Munjal told reporters on the sidelines of the annual conference of the Confederation of Indian Industry (CII).
Jyoti Randhawa factfileMarch 9th, 2009 NEW DELHI - The following is a factfile on Jyoti Randhawa, who won the Singha Thailand Open in Phuket Sunday:
Born: May 4, 1972
Married: to Tina
Children: 1 (son Zorawar)
Turned pro: In 1994
International Titles
1998: Hero Honda Masters
1999: Hero Honda Masters, India
2000: Wills Indian Open; Singapore Open
2003: Suntory Open, (Japan Golf Tour)
2004: Volvo Masters of Asia, Malaysia;
2006: Hero Honda Indian Open
2007: Hero Honda Indian Open
2008: Singha Thailand Open
2002: Order of Merit Asian Tour
2005: Arjuna Award
Hero Honda third quarter net up 9 percentJanuary 19th, 2009 NEW DELHI - Two-wheeler manufacturer Hero Honda Motors Tuesday reported a 9 percent jump in its profit at Rs.3 billion in the third quarter ending Dec 31 as compared to Rs.2.75 billion in the same period last year. The company's total income too soared 4.61 percent to Rs.29.24 billion for the quarter under review, as compared to Rs.27.95 billion for the same period last year, a company statement said.
Two-wheeler majors log lower salesJanuary 1st, 2009 CHENNAI - The stimulus shot of 4 percent cut in excise duty will take some more time to rejuvenate the two-wheeler manufacturer. Even after offering discounts, major players have reported lower sales last month as compared to December 2007.
Hero Honda December sales dipDecember 31st, 2008 NEW DELHI - The country's largest two-wheeler maker Hero Honda Motors (HHML) reported a 10.2 percent dip in its sales for December, selling 215,931 units. The company had sold 240,532 two-wheelers in December 2007.
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