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Retail Asia26/04/2024

Honda Vietnam is recalling 221 of its two most expensive motorcycles, the CBR1000RR Fireblade and Gold Wing, for faulty fuel pumps that could cause their engine to stall. The 74 CBR1000RRs and 147 Gold Wings were manufactured in Japan between September 2017 and March 2023 and imported to Vietnam. Due to changes in production methods, […]

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Retail Asia15/11/2023

A motorbike dealer has just imported a batch of the latest model of the Honda Dream, an iconic vehicle that was all the craze a few decades ago. Previously the bike used to sell for VND100 million (US$3,970), while the new one is marked at $2,500 in Cambodia, from where they are imported. The Dream […]

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Retail Asia15/11/2023

Honda Vietnam has revealed that its retail sales of motorcycles and automobiles in October dropped by 7.5% and 15.9% respectively compared to previous month due to market difficulties. In the reviewed period, Honda Vietnam sold 180,881 motorbikes, with 18,452 exported and 2,148 automobiles of all kinds. In the fiscal year of 2024 (from April 2023 […]

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Retail Asia26/09/2023

Honda Motor Company has said that it won’t be supplying new cars to its authorized dealers in Russia in 2022 as the company is trying to restructure its operations. The Japanese automaker has confirmed that it would keep its presence in the Russian market with motorcycle and power equipment sales only. The news comes after […]

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Retail Asia03/04/2023

Honda Vietnam has hiked the prices of most motorbikes following an increase in costs, the biggest hike being of VND2 million ($85). The price of the Vision 110cc, its best-selling automatic model, has risen by 1.37% to VND37.09 million. The Air Blade 125cc, a powerful city motorbike favored by men drivers, is up 1.62% to […]

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Retail Asia14/03/2023

Honda Vietnam has reported its fall in motorcycle and automobile sales at 36.8% and 7.3% respectively in February. That is the second month in a row the company recorded sale falls after seeing a growth of nearly 19% for motorcycles and 62% for the automobile last December. In February, it sold 140,669 motorcycles, down 36.8% […]

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Retail Asia08/03/2023

The official Twitter account of Honda Motorcycles and Scooter India was hacked over the weekend. The company today put out a statement on social media asking people to stop any interactions with its Twitter handle until further notice and disregard any posts or communications on the page since Sunday, March 5. The company also said […]

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Retail Asia22/02/2023

After first unsuccessfully entering the Vietnamese market a dozen years ago, Chinese automaker Haima plans to begin selling cars here again later this year. Tran Viet Son, sales director at Carvivu, Haima’s new distributor in Vietnam, said the company will import 3 Haima models, namely the 8S, 7X and 7X-E. The 7X will be the […]

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Retail Asia27/10/2022

Honda Motor Co said on Thursday it would reduce car output by up to 40% at two Japanese plants for the rest of October from its earlier plans, as the company battles with persistent supply chain and logistical problems. Two lines at Honda’s Suzuka plant in western Japan will cut production by about 20% in […]

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Retail Asia20/10/2022

Honda Motorcycle and Scooter India (HMSI) confirmed that will launch motorcycles with flex-fuel engines in the next two years. Atsushi Ogata, President, MD & CEO, HMSI, said that the company’s internal target is to launch at least one commuter motorcycle with flex-fuel engine by the end of 2024, although he did not mention which model […]

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Retail Asia12/05/2022

Honda, which has an 80 percent share of the motorbike market in Vietnam, faces a shortage of parts. After years of using a semi-automatic motorcycle, Huy Manh of Hanoi decided to buy an automatic one, a Honda Vision listed at VND32-35 million (US$1,400-1,530). But the price quoted at HEADs (Honda Exclusive Authorized Dealers) was VND44 […]

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Retail Asia11/04/2022

General Motors and Honda Motor Co said on Tuesday they will develop a series of lower-priced electric vehicles based on a new joint platform, producing potentially millions of cars from 2027 in a bid to beat Tesla in sales. The announcement expands on plans for GM to begin building two electric SUVs for Honda starting […]

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Retail Asia24/01/2022

Qualcomm Corp on Tuesday announced deals to supply chips to automakers Volvo Group, Honda Motor Co Ltd and Renault SA, accelerating its push to partner with legacy automotive firms digitizing their product lines. The San Diego, California, company once known for its mobile phone chips has created a range of automotive offerings, from self-driving car […]

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Retail Asia10/01/2022

Honda Motor and its Chinese joint venture partner Dongfeng Motor said on Thursday they would build a new factory in Wuhan to exclusively manufacture electric vehicles (EVs) from 2024. The factory would have a production capacity of 120,000 vehicles a year, Honda said in a statement. Honda, Japan’s second-largest automaker, is set to launch a […]

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Retail Asia03/12/2021

Honda has announced setting up a new subsidiary in India, which will focus on the supply chain side of the electric vehicle industry. Called Honda Power Pack Energy India Private Limited, the new subsidiary for battery sharing service in India will offer service for small mobility players. In a statement, Honda has said that the […]

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Retail Asia15/10/2021

Japan’s Honda Motor will launch a new electric vehicle brand in China next year, it said on Wednesday, and will only launch battery-electric, hydrogen fuel-cell or petrol-electric hybrid vehicles therefrom 2030. Known for its fuel-efficient internal combustion engines, Honda sold over 1.6 million vehicles in China last year. The new brand will be called “e:N […]

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Retail Asia20/09/2021

Honda Motor Co’s U.S. unit said on Monday it is targeting initial annual sales of 70,000 for its planned electric Prologue sport utility vehicle when it goes to market in 2024. Honda plans to add additional electric vehicle models as it aims to have sold a total of 500,000 electric vehicles in the United States […]

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Retail Asia23/08/2021

Honda Motor Co swung on Wednesday to a first-quarter operating profit of 243.21 billion yen ($2.23 billion) from a 113.7 billion loss a year ago as car sales recovered from the impact of the COVID-19 pandemic. Operating profit at Japan’s No.2 carmaker by sales for the three months ended June 30 was double the average […]

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Retail Asia05/07/2021

Honda 2Wheelers India launched the 2021 Gold Wing Tour in the country last month and the first batch of the motorcycle has been sold out. The manufacturer’s flagship offering flew off the shelves as soon as bookings opened with all units sold in just one day. Honda though has not disclosed the number of units […]

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Retail Asia05/07/2021

Honda Cars India plans to increase the prices of its entire model range effective from August 2021. As reported by PTI, the Japanese automaker has cited an increase in input cost as the primary reason for the price hike. The carmaker looks to offset the impact of a sharp increase in the procurement cost of […]

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