Honda Elevate prices hiked for the new year by up to ₹58,000

Honda Elevate prices hiked for the new year by up to ₹58,000

by with No Comment car insurance online

The hike is in line with Honda’s announcement in December 2023 to increase prices for the new year. It also marked the end of the Elevate’s introductory prices ranging between ₹11 lakh and ₹16 lakh (ex-showroom). The SUV has gotten off to a good start and the model recently crossed the 20,000 sales mark.

A stretched and clean dashboard design inside the Honda Elevate lends the interiors a mature appeal

Honda Elevate: Engine Specifications

The Honda Elevate is offered with only the 1.5-litre naturally aspirated petrol engine tuned to produce 119 bhp and 145 Nm of peak torque. The motor is paired with a 6-speed manual and a CVT automatic.

Honda Elevate: Features

The model is decently packed with features and gets a 10.25-inch LCD touchscreen infotainment system with Apple CarPlay and Android Auto. There’s also wireless charging, Honda Connect, soft-touch door and dashboard inserts, and a 7-inch TFT digital instrument console.

Watch: Honda Elevate SUV: First drive review

Honda Elevate: Safety

The Honda Elevate also comes equipped with Advanced Driver Assistance Systems (ADAS), multi-angle rearview cameras, reverse parking sensors, and more. The SUV is offered in four trims – SV, V, VX and ZX with all but the base variants.

The Elevate takes on several offerings including the Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, Kia Seltos, Volkswagen Taigun, Skoda Kushaq and MG Astor. The model will soon face heat from the upcoming Hyundai Creta facelift, set to arrive later this month.

First Published Date: 07 Jan 2024, 14:52 PM IST


Source link

Honda 2Wheelers India reports a 27% increase in sales in December 2023

Honda 2Wheelers India reports a 27% increase in sales in December 2023

by with No Comment Electric vehicles cars

By: HT Auto Desk
| Updated on: 03 Jan 2024, 20:28 PM

Honda Motorcycle and Scooter India closed the 2023 calendar on a positive note with over 3.17 lakh units sold in December 2023, a growth of 27 per cen

…

Honda 2Wheelers India’s exports shined in December 2023 with 31,022 units shipped overseas, registering an 82% growth year-on-year

Honda Motorcycle and Scooter India (HMSI) reported its sales for December 2023 and the company sold a cumulative (domestic + exports) of 317,123 units, growing by 27 per cent, as compared to 250,171 units sold in December 2022. The two-wheeler maker closed the calendar on a positive note even as the two-wheeler market showed slow sales momentum.

Honda’s domestic sales stood at 286,101 units, witnessing a hike of 22.71 per cent year-on-year, as against 233,151 units sold in December 2022. Exports, on the other hand, stood at 31,022 units, registering a massive growth of 82.27 per cent over 17,020 units shipped overseas during the same month a year before.

Also Read : Hero registers 5% growth in sales in CY2023, volumes drop marginally in December

Honda Shine 100 Review
The Honda Shine 100 was launched in 2023 in the entry-level 100 cc segment as the brand’s most affordable motorcycle (HT Auto/Kunal Thale)

Honda Two-Wheelers India sold 43,84,559 units during the 2023 calendar year. In comparison, its biggest rival and market leader Hero MotoCorp sold 54.99 lakh units during the same period. The Japanese manufacturer continues to hold the second spot as far as two-wheeler sales are concerned in India.

Honda had an eventful 2023 with multiple new and updated launches. The company introduced the Honda Activa H-Smart variant, as well as the Shine 100, its most affordable motorcycle yet. The new Honda SP160 and Dio 125 also hit the market in 2023. In the premium segment, the company went on to launch the new classic CB350, the updated Gold Wing Tour and the XL750 Transalp adventure tourer. Furthermore, HMSI announced the appointment of Tsutsumu Otani as the new President, CEO & Managing Director of the company.

Also Read : First Honda electric motorcycle India launch confirmed in 2024.

The 2024 calendar year is more crucial for Honda Two-Wheelers India with the company all set to enter the electric mobility space. The company has already announced its plans to foray into the space and will bring an electric scooter and motorcycle later this year. The made-in-India models will make it to other markets as well with India serving as the production hub.

First Published Date: 03 Jan 2024, 20:28 PM IST


Source link

Honda Elevate sales touch 20,000 units since launch, more orders for CVT

Honda Elevate sales touch 20,000 units since launch, more orders for CVT

by with No Comment car insurance online

Honda Cars India Ltd. has announced that the new Elevate SUV sales have crossed the 20,000 units milestone in 100 days since the launch. The all-new Honda Elevate arrived in showrooms in September this year commencing a new era for the Japanese automaker in the country. The strong response to the offering amidst established competition will help solidify its presence in the segment.

By: Sameer Fayaz Contractor
| Updated on: 17 Dec 2023, 11:29 AM

Honda says it is adjusting production for the automatic variants of the Elevate, which are in more demand

Honda said that the new Elevate accounted for over 50 per cent of total sales for the company in the last three months. It has also helped HCIL’s sales grow by 11 per cent between September and November year-on-year. The company also revealed that the CVT automatic remains in higher demand on the SUV.

Also Read : Honda Elevate EV to get an electric avatar by 2026, four more SUVs to come by 2030

Honda Elevate first drive review
The Honda Elevate has been off to a good start in the highly competitive compact SUV segment

Speaking about the promising start for the Elevate, Yuichi Murata, Director of Marketing and Sales – Honda Cars India Ltd., said, “We are thrilled to witness the remarkable success of the Honda Elevate, which has surpassed our expectations. The 20,000 sales milestone of Elevate in the first 100 days of launch is a proud moment for us and reflects the trust & preference of our valued customers, making us a notable contender in the industry. Furthermore, we have maximised the production of the Elevate to serve our waiting customers as early as possible and adjusted the variant mix to align with the market demand which is overwhelmingly high for CVT variants currently.”

Designed with the concept of ‘Urban Freestyler’, the Honda Elevate boasts a bold and masculine design and is equipped with a powerful 1.5L i-VTEC petrol engine paired with 6-speed MT and 7-speed CVT automatic transmissions.

The Honda Elevate competes in a highly crowded segment comprising the Kia Seltos, Hyundai Creta, Volkswagen Taigun, Skoda Kushaq, MG Astor, Maruti Suzuki Grand Vitara, Toyota Urban Cruiser Hyryder, and more. The competitive pricing has been a major selling point and so has the addition of essential features without going overboard. It’s also a fairly spacious offering in the front and rear.

Watch: Honda Elevate SUV: First drive review

The Honda Elevate comes with ADAS, a floating touchscreen infotainment system with Apple CarPlay and Android Auto, LED headlights, electric sunroof and more. Prices for the Elevate start from ₹11 lakh, going up to ₹16 lakh (ex-showroom, Delhi). The introductory prices are valid till the end of December 2023. Honda India also exports the SUV to several markets internationally including Japan.

First Published Date: 17 Dec 2023, 11:29 AM IST


Source link

Honda City and Amaze get year-end offers with benefits up to ₹88,600

Honda City and Amaze get year-end offers with benefits up to ₹88,600

by with No Comment car insurance online

The Honda City facelift arrived earlier this year and now comes with a cash discount of up to ₹25,000. Alternatively, you can choose to get free accessories from the dealer worth ₹26,947. There is also an exchange bonus of ₹15,000, a customer loyalty bonus of ₹4,000 and a Honda car exchange bonus of ₹6,000. Corporate buyers get a discount of ₹5,000, while there’s a special corporate discount of ₹20,000 on the sedan.

Also Read : Honda cars to be pricier from next month, follows Maruti Suzuki and Tata Motors.

Concerning variant-wise offers, the Honda City VX and ZX get an extended warranty worth ₹13,651 as part of the package. The City Elegant Edition introduced earlier this year gets a special edition benefit worth ₹40,000 and an exchange bonus of ₹10,000. The discounts also extend to the City Hybrid in the brand’s lineup.

The Honda Amaze gets benefits across its variant range including cash and corporate discounts as well as loyalty bonuses for existing Honda owners

On the Honda Amaze, the S variant is available with a cash discount of ₹35,000 or free accessories worth ₹42,444. Customers can also avail of an exchange bonus of ₹15,000 a corporate discount of ₹3,000 and a special corporate discount of ₹20,000. If you are an existing Honda user, the company will give you a loyalty bonus of ₹4,000.

Furthermore, the Honda Amaze E variant gets a cash discount of ₹15,000 or buyers can opt for free accessories worth ₹18,148. The subcompact sedan also gets a loyalty bonus of ₹4,000, a corporate discount of ₹3,000 and a special corporate discount of ₹20,000. Buyers exchanging their old car will get a bonus of ₹15,000.

Also Read : 2023 Honda City first drive review: Sedan, now sportier, refuses to lay low.

The Honda Amaze Elite Edition gets a special edition benefit worth ₹30,000, an exchange bonus of ₹10,000, ₹3,000 worth of corporate discount and a loyalty bonus of ₹4,000. Lastly, the Amaze VX gets a cash discount of ₹25,000 or accessories worth ₹30,245. Customers can also avail an exchange bonus of ₹15,000, a special corporate discount of ₹20,000 and a corporate discount of ₹3,000. There’s a customer loyalty bonus of ₹4,000 for existing owners.

Make sure to check with your local dealer for the best offers to get the final price on the Honda City and Amaze. The offers also come at a good time with the automaker slated to hike prices across its lineup from January onwards.

First Published Date: 07 Dec 2023, 15:54 PM IST


Source link

First Honda electric motorcycle India launch confirmed in 2024

First Honda electric motorcycle India launch confirmed in 2024

by with No Comment Electric vehicles cars

Honda Global has confirmed plans to launch an electric motorcycle equivalent to 110-125 cc commuters in India next year. The announcement was a part of Honda Motor Co’s new motorcycle electrification strategy, which will see the manufacturer invest $3.4 billion by 2030 on new products and development. The two-wheeler giant also revised its global sales target from 3.5 million to 4 million electric motorcycles by 2030.

By: Sameer Fayaz Contractor
| Updated on: 01 Dec 2023, 03:21 AM

Honda’s first electric motorcycle for India will go on sale next year, after the first two electric scooters are launched

The electric motorcycle will come with swappable batteries and will be built in India at the company’s existing manufacturing facility. It will be launched in India first, followed by other ASEAN markets, Japan and Europe. Honda announced electrification plans for India earlier this year promising two electric offerings equivalent to 110-125 cc offerings. While one e-scooter will get a fixed battery, the other model will come with swappable batteries.

Also Read : Honda to launch 2 electric two-wheelers in India in FY2024 with swappable battery.

Speaking during the presentation, Daiki Mihara, Executive Officer – Honda Motorcycle and Power Products Electrification Business Development Unit – Honda Motor Co., said, “Next year 2024, we will launch an electric motorcycle with swappable batteries starting in India and followed by ASEAN, Japan and Europe.”

Honda’s India operations will play a key role in the company’s motorcycle electrification strategy going forward. The company will use its existing facilities to build electric motorcycles from now till 2027 and plans to launch a dedicated plant beyond 2027 for electric motorcycles that will also manufacture important parts in-house to reduce cost. The new plants will have a production capacity of about one million units per year, per plant with an investment of 50 billion yen (approx. ₹2,800 crore) for each new facility.

Mihara further said that the two-wheeler maker will have a dedicated electric motorcycle plant in India, which will be followed up with another e-motorcycle manufacturing facility in the ASEAN region. Honda aims to reduce the cost of finished electric motorcycles by 50 per cent through optimising batteries, adopting modular platforms, and optimising production and procurement. The new assembly lines for electric motorcycles will be 40 per cent shorter when compared to ICE vehicles.

Furthermore, it plans to make major adjustments to its supply chains in order to achieve its goal of selling four million e-motorcycles by 2030 while achieving a 10 per cent operating profit margin. Honda also plans to repurpose its Kumamoto plant in Japan to produce larger-capacity electric motorcycles equivalent to 600-700 cc offerings.

Honda’s future strategy includes bringing 30 new electric motorcycles globally by the end of this decade. The upcoming offerings will pack new technologies including advanced connectivity, OTA updates, and modern data collection systems. The company is also working on improving battery technology and will use LFP battery cells going forward, alongside NMC lithium-ion batteries presently seen on its electric offerings.

First Published Date: 01 Dec 2023, 03:21 AM IST


Source link

Honda will not discontinue sedans in India. City and Amaze sales to continue

Honda will not discontinue sedans in India. City and Amaze sales to continue

by with No Comment car insurance online

Honda Car India will not discontinue its sedan range in India amidst launching new SUVs, contrary to a recent report. The Japanese automaker confirmed to HT Auto that the Honda City and Amaze sedans will continue to be sold in the country, even as it surges forward with an SUV-focused strategy. Honda recently introduced the Elevate compact SUV, its first all-new offering in three years and an all-new nameplate in 10. The automaker plans to bring five new SUVs to India by 2030.

By: Sameer Fayaz Contractor
| Updated on: 03 Nov 2023, 18:37 PM

The Honda City and Amaze models have remained the brand’s popular sellers for years, only joined by the Elevate compact SUV this year

While SUVs will clearly be Honda’s priority over the next few years, the company will continue retailing its bread-and-butter models as well. The Honda Amaze is the brand’s most accessible offering and continues to average about 3,000 units every month, taking on the Maruti Suzuki Dzire, Hyundai Aura and Tata Tigor.

Also Read : Honda announces 5 new SUVs for India by 2030, Elevate Electric to arrive by 2026

Honda Amaze facelift
The Honda Amaze is the brand’s entry-level offering in India (HT Auto/Sabyasachi Dasgupta)

The Honda City, its most celebrated model in India, brings in about 1,500 units month on month. The numbers are on par with models like the Skoda Slavia and Volkswagen Virtus, which average a little over 1,500 units every month, while the new-generation Hyundai Verna is the segment bestseller bringing in over 2,500 units every month.

Sedans may have lost their popularity across segments over the years but there’s no denying that the cars continue to bring in considerable sales and revenue for automakers. Both the Honda Amaze and City enjoy admiration for their respective reliable engines, good build quality and easy ownership. Moreover, the Honda India plant not only caters to the domestic market but also exports both sedans overseas. The Right Hand Drive (RHD) Amaze and City are shipped to South Africa and the neighbouring countries around India. On the other hand, the Left Hand Drive (LHD) is exported to Mexico, Turkey and the Middle East market. Both models are built at the Tapukara plant in Rajasthan.

Also Read : Elevate SUV helps Honda Cars clock 9,400 unit sales in October 2023

Honda Elevate first drive review
The Honda Elevate kicks off the brand’s SUV strategy with an electric version planned in 2026, apart from other models

That said, the Honda Amaze is expected to get a new lease on life with the third generation reportedly in the works. The new-gen Amaze could arrive in 2024 and will be based on an evolution of the current version’s platform that has been around since 2018. It is also expected to get a design and feature revamp. The Honda City, meanwhile, holds a lot of importance in the APAC region, apart from India, with no announcements to discontinue the model in these markets. This still leaves room for the next generation to arrive in India when the model is ready globally.

Watch: Honda Elevate SUV: First drive review

Honda Car India’s SUV strategy kicked off with the Elevate this year. The automaker has confirmed the arrival of the electrified version in the next three years. A subcompact SUV, possibly based on the Amaze platform, is also said to be on the cards. Previously, the automaker confirmed that it plans to launch one new model every year in India, which includes hybrids and EVs. The company is also expected to bring premium models via the CBU and CKD routes in India.

First Published Date: 03 Nov 2023, 18:37 PM IST


Source link