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February 09, 2016 7:52 PM ET

Automobiles

Company Overview of Honda Cars India Ltd.

Company Overview

Honda Cars India Ltd. manufactures and sells passenger cars. It also caters the needs of customers wanting to exchange their existing cars for a new car. The company provides car sales, service, and spares through a sales and distribution network, including authorized dealership facilities in India. Honda Cars India Ltd. was formerly known as Honda Siel Cars India Ltd. and changed its name to Honda Cars India Ltd. in September 2012. The company was founded in 1995 and is based in Greater Noida, India. Honda Cars India Ltd. operates as a subsidiary of Honda Motor Co., Ltd.

Plot No. A-1, Sector 40/ 41

Surajpur-Kasna Road

Greater Noida Industrial Development Area

Distt. Gautam Budh Nagar

Greater Noida,  201306

India

Founded in 1995

Phone:

91 12 0234 1313

Fax:

91 12 0234 1261

Key Executives for Honda Cars India Ltd.

Chief Executive Officer, President and Whole-Time Director
Chief Financial Officer and Nominee Director
Chief Executive Officer of Honda Philippines and President of Honda Philippines
Age: 51
President of Honda Logistics Inc. and Representative Director of Honda Logistics Inc.
Age: 56
President of Honda Cars - Philippines
Compensation as of Fiscal Year 2015.

Honda Cars India Ltd. Key Developments

Honda Cars India Reports Sales Results for the Month of January 2016

Honda Cars India has reported a decrease in domestic sales for the month of January 2016. The company reported a decrease in sales by 6.52% at 17,135 units last month compared to the year-ago period. The company sold 396 units of small car Brio, 4,709 units of hatchback Jazz, 3,471 units of compact sedan Amaze, 441 units of MPV Mobilio and 8,037 units of the mid-sized sedan, City.

Honda Cars India Introduces New Grade for City Sedan

Honda Cars India launched a new grade for its City sedan model. The new grade is called VX(O) BL and is positioned alongside the existing VX(O) grade. It is available with a beige leather interior and is offered with manual transmission in both petrol & diesel, and in premium white, orchid pearl and alabaster silver colours. The grade is also available with sunroof and advanced integrated touchscreen audio visual navigation.

Honda Cars India Reports Earnings Results for the Fiscal 2015

Honda Cars India reported earnings results for the fiscal 2015. For the year, the company booked profit of INR 3,627.0 million compared to net loss of INR 4,798.0 million a year ago. Profit was mainly on the back of a 61% jump in revenues at INR 128,743.0 million.

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