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March 06, 2015 11:27 PM ET

Automobiles

Company Overview of Honda Cars India Ltd.

Company Overview

Honda Cars India Ltd. manufactures and sells cars. The company offers its cars, as well as service and spares through its sales and distribution network, including authorized dealership facilities in India. It also offers car exchange service and pre-owned cars. 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 and President
Age: 61
Founder of Honda Motor Co
Director of Finance & Accounts
Age: 51
Chief Executive Officer of Honda Philippines and President of Honda Philippines
Age: 50
President of Honda Logistics Inc. and Representative Director of Honda Logistics Inc.
Age: 55
Compensation as of Fiscal Year 2014.

Honda Cars India Ltd. Key Developments

Honda Cars India Reports Sales Results for the Month of February 2015

Honda Cars India reported sales results for the month of February 2015. The company reported an increase in sales for the month of February 2015. The automaker sold 16,902 units last month, up 16% over the year-ago period. The company sold 1,397 units of its small car, Brio, 7,163 units of the compact sedan, Amaze, 1,697 Mobilio and 6,505 of the mid-sized sedan, City.

Honda Cars India Ltd. Introduces Amaze CNG in India

Honda Cars India Limited has launched the CNG-version of the Amaze in India. The vehicle is to be priced at INR 599,585. The model is a modified petrol Honda Amaze, which is also compatible with CNG fuel. The Honda approved CNG kit will be equipped at Honda's dealerships located in cities where CNG fuel is available.

Honda Cars India Reports Sales Results for the Month of January 2015 and for the Period from April 2014 to Jan. 2015

Honda Cars India Ltd. registered monthly domestic sales of 18,331 units in January, 2015 witnessing a growth of 17%, the highest monthly sales of this fiscal. The company sold 15,714 units in the corresponding month last year. HCIL also exported a total volume of 1,369 units during January 2015. The company's overall sales in January 2015 are its highest ever monthly sales including exports. HCIL also registered an overall growth of 47% during April 2014 - Jan. 2015 with 149,464 units as against 101,370 units during the corresponding period in fiscal year 2013-14.

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