Bookmark Kaumudi Online  Bookmark this site  Editor@Kaumudi  |  Marketing  Print Advt rates  |  Calendar 2018        Go!    
 
 
August 17, Friday 2018 1:56 AM       

       HEADLINES: Thousands stranded along Pamba banks; Call for rescue (video)                                              Stranded girl seeks help via Facebook                                              Shutters of dams in Pathanamthitta lowered                                              Unrelenting rains, floods in Kerala, 39 die in past two days                                              CM holds talks with Modi and Rajnath Singh                                              Major events in Vajpayee's political journey                                              Vajpayee - pragmatist, orator and statesman who went beyond BJP's nationalist political agenda                                              Scotland Yard returns 12th century stolen Buddha statue to India on I-Day                                              Trump Tower operators sued over water release into river                                              Anger grows in Italy as bridge toll rises to 38                                              Former India captain Ajit Wadekar no more                                              Kaumudi Facebook
       AUTOMOBILE Next Article: Tesla sets up Shanghai firm as it expands China presence  
       Honda drives in new Amaze; to launch six new models in three years
 
         Posted on :16:42:08 May 17, 2018
   
A A
       Last edited on:16:42:08 May 17, 2018
         Tags: Honda Amaze, 6 new models, CR-V, Civic
 

NEW DELHI: Honda Cars India will launch six new products over the next three years as part of its strategy to claw back to a dominant position in the passenger vehicles segment, a top company official said.

The company, which Wednesday launched the all-new version of its compact sedan Amaze, priced between Rs. 5.6 lakh and Rs. 9 lakh, also said it is in the process of formulating a strategy for electric vehicles specifically for the domestic market.

"Starting with new Amaze we will be launching three new products this fiscal. In the next three years, we will bring another three new models in India," Honda Cars India Ltd (HCIL) President and CEO Gaku Nakanishi told PTI in an interview here.

In the second half of this fiscal, the company will drive in the new CR-V and Civic sedan, he added.

When asked about the other three models, Nakanishi did not disclose details but said these could fill new segments, including the popular compact SUV vertical.

"We are studying all the possibilities and we would like to fulfil whatever the customer demands," he added.

Bullish on the Indian market, he said the passenger vehicles market is growing rapidly and would cross even 5 million units annually going forward.

"We want to expand Honda's base here. We don't want to degrow this year. Our sales this year should be more than last year," Nakanishi said.

In 2017-18, the company sold 1,70,026 units as against 1,57,313 units in the previous fiscal, up 8 per cent. The company has, however, slipped out of the top three passenger vehicle manufacturers in India.

Nakanishi said HCIL currently contributed 23 per cent to the overall sales in Honda's Asia Pacific region and with the launch of new models the share is expected to further go up.

When asked about company's plans for electric vehicles, he said: "Currently we are preparing a strategy for India". He, however, did not disclose any timelines.

Nakanishi said the main challenges for electric vehicles right now is the lack of charging infrastructure, range anxiety due to battery technology and affordability of such vehicles.

"Of course we would love government incentives for such vehicles," he said when asked if the company was looking for government support for such new technology vehicles.

Till the time electric vehicles technology matures and becomes affordable, Nakanishi said the hybrid vehicles would be the bridge in the transition from internal combustion engines to electric vehicles.

Honda would like to bring more hybrid models to the country, he added.

Commenting on Amaze's launch, Nakanishi said the second generation of the compact sedan is built on an all new platform.

"This is a big move from Honda. We expect new Amaze to replicate the success of our Honda City in the country," he added.

The petrol variants of the new Amaze are priced between Rs. 5.59 lakh and Rs. 7.99 lakh while the diesel variants are tagged between Rs. 6.69 lakh and Rs. 8.99 lakh (ex-showroom). The petrol versions come with 1.2 litre engine mated to manual and automatic transmissions.

The diesel options are powered by 1.5 litre engine and are also available in both manual and automatic transmissions.

A A
       AUTOMOBILE
Next Article: Tesla sets up Shanghai firm as it expands China presence
 
 
AUTOMOBILE HEADLINES
Tata Motors plans to roll out 10-12 new passenger vehicles in next 5 years  
Harley seeks alliance for lightweight bikes to grow India business  
Maruti Suzuki to Recall 1,279 units of new Swift and Dzire models  
Hyundai to drive in an electric SUV in India next year  
New Fiat Chrysler boss set to stay on course in post-Marchionne era  
Passenger vehicle sales rise 38% in June; car sales up 34%  
Hyundai crosses 8 mn cumulative production milestone in India  
India could have 10 million CNG vehicles on roads by 2025: Report  
Apple signs deal with Volkswagen for driverless cars  
Toyota Yaris launched at a starting price of Rs. 8.75 lakhs  
Honda drives in new Amaze; to launch six new models in three years  
Tesla sets up Shanghai firm as it expands China presence  
Volkswagen to recall 410K cars over faulty seat belts  
Terra Motors raises 10 million dollar fund to expand in Asian market  
CarToq emerges as the largest, most-engaged automobile platform in India  
Favourable taxation structure pre-requisite to launch EVs in India: Mercedes  
Toyota to build test track for self-driving cars  
Skoda eyes up to 10% growth in 2018  
China considering cutting duty on imported cars by about half  
Triumph Motorcycles India eyes 10% growth  
Dream job: Harley-Davidson interns get a free motorcycle  
BMW expects 50% of sales in India to come from X series SUVs  
First years’ service for smallest Rolls-Royce  
Volvo Cars plans to assemble two more models in India this year  
Toyota plans to hike vehicle prices next month  
 
Do you think people took lightly government's warnings in flood-prone areas?
yes
 
no
 
no opinion
 
 
 
Home Kerala India World Business Sports Sci&Tech Education Automobile CityNews Movies Environment Letters 
© Copyright keralakaumudi Online 2011  |  Reproduction in whole or in part without written permission is prohibited.
Head Office Address: Kaumudi Buildings, Pettah P.O, Trivandrum - 695024, India.
Online queries talk to Deepu Sasidharan, + 91 98472 38959 or Email deepu[at]kaumudi.com
Customer Service -Advertisement Disclaimer Statement   |  Copyright Policy