Honda Cars India
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Coronavirus Outbreak: Taking steps to help dealers, customers, says Honda Cars India
•Honda Cars India Ltd (HCIL) on Monday said it is releasing advance payments to its dealer partners in order to help them with cash flow to remain afloat in the difficult business environment due to COVID-19 forced nationwide lockdown
Honda Cars initiates voluntary retirement scheme for Greater Noida plant workers to increase productivity, efficiency
•Auto major Honda Cars India on Wednesday said it has initiated a voluntary retirement scheme (VRS) for its manufacturing line associates at Greater Noida plant in Uttar Pradesh order to increase productivity and efficiency
Auto industry drives into 2020 with hope after a forgettable 2019; carmakers eye forthcoming motor show as launchpad for revival
•The industry's hopes are also in line with expectations that the economy would finally come out of the slump, drawing people back to the showrooms.
Hero MotoCorp to hike prices of motorcycles, scooters by up to Rs 2,000 from January
•Two-wheeler market leader Hero MotoCorp on Monday said it will increase prices of its motorcycles and scooters by up to Rs 2,000 from January
Auto sector slowdown: Festive season fails to lift passenger vehicle sales, major cos report decline of up to 56% in September
•Major automobile makers, including Maruti Suzuki, Hyundai, Mahindra & Mahindra, Tata Motors, Toyota and Honda, on Tuesday reported double-digit declines in domestic passenger vehicle sales in September as onset of the festive season failed to lift the ongoing slump in the auto industry
Automakers Honda, Toyota and Maruti Suzuki pin hope on festive season to lessen sales woes
•Automakers Honda, Toyota and Maruti Suzuki India are hoping that this festive season will bring some uptick in demand although "great signs" of recovery do not seem to be in the market due to the prevailing negative sentiments
Auto sector crisis: April-July passenger vehicle output down 13.2% on Maruti, M&M production cuts
•Market leader Maruti Suzuki India's production during the period stood at 5,32,979 units, down 18.06% from the comparable period last fiscal.
Auto majors in slow lane; July sales see double-digit slump as consumer sentiment remained subdued
•Continuing to face rough weather, Maruti Suzuki, Hyundai and three other auto majors reported a double-digit decline in sales in July as consumer sentiment remained subdued
Honda recalls 3,669 units of Accord sedan to fix faulty airbags inflators supplied by Takata Corp
•Honda, which is present in India through a wholly-owned arm Honda Cars India Ltd (HCIL), is voluntarily recalling the units manufactured between 2003-2006
November passenger vehicle sales slow down, industry leaders blame fluctuating exchange rates, rising fuel costs
•Domestic passenger vehicle sales in November were in a slow lane with major manufacturers Saturday reporting either marginal increase or decline in offtake.