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Honda Cars India

Honda India was formed in 1995 when Siel Ltd and Honda Motor Company, Japan joined forces. The main reason of the joining of the two companies was to provide Indians with Honda’s latest car models.

Honda India has a manufacturing unit spreading over 150 acres of land. This unit is located in Greater Noida and has been equipped with high quality equipment which if accounted for costs a total of Rs 450 cores.

This manufacturing plant has in the past produced 50,000 cars and this had increased to 100,000 units by 2007.

The company has plans of producing 150,000 units by the end of 2010. It presently has 103 facilities in 60 cities across the country and this is expected to rise as the demand of its products increase.

Honda’s Growth
This Indian branch of Honda has a good distribution network in the country. At present it has around 51 dealerships across India. This company does not only produce and sell the automobiles but they also service spare parts.

This automobile company India has a strong position in India’s market and economy. Since they have already got hold of metro India, this company is now targeting the smaller cities. When Honda started in India, it sold not more than 50,000 vehicles.

As the company has now gained popularity, it now sells more than 50,000 units annually. The first model they manufactured, called Honda City, changed Indians perspective on passenger cars. This model was later replaced by Honda City ZX and also other models like SUV, CRV and Accord were launched.

This company grew by 14% from the year 2005-2006 and has sold around 42, 727 units in India. To help the company grow, the management has invested over Rs 800 and expect this to boost growth up to 44%.

This branch of Honda is working together with other branches all over the world to produce cars that meet its quality and environmental standards. Since the company has grown, you now have options of buying the cars from a dealership, website, used car dealership or car owners.

This brand of cars equated with luxury is everybody’s dream. For those who aren’t able to get a new one then, they have the option of visiting a used car dealership. The prices vary from one dealership to another therefore you will need to do some window shopping. By reading car reviews, you will have an overview of its performance and potential.

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