Honda – Page 49 – I wish I had more to offer

Honda to end production of small mopeds in 2025

TOKYO — Honda Motor will stop making small mopeds in May 2025, Nikkei has learned, ahead of tougher emissions standards that will take effect in Japan later that year. The move affects mopeds with engine displacements of 50 cubic centimeters and below. The Japanese automaker commands a roughly 80% domestic market share in this vehicle class. Go… Continue reading Honda to end production of small mopeds in 2025

Pre-owned two-wheeler market: Waiting to take off

India’s pre-owned two-wheeler market is poised to witness significant growth with the entry of large organised players and a proliferation of financing options. The market, which had been dominated by unorganised players, local small-time financers and person-to-person transactions, has now started attracting the attention of automakers and banks who sense a great new opportunity. The… Continue reading Pre-owned two-wheeler market: Waiting to take off

Nissan feels the heat from BYD’s EV price war in China

Nissan is the latest victim of BYD’s “liberation battle” against gas-powered cars. After BYD’s aggressive price cuts this year, Nissan is shutting down a factory in China as it struggles to keep up. As is the case for many legacy automakers, China is a critical sales market for Nissan. Nearly a third of Nissan’s global… Continue reading Nissan feels the heat from BYD’s EV price war in China

Acura of Los Angeles Westside Celebrates Grand Opening with Exciting Event

LOS ANGELES, June 21, 2024 /PRNewswire/ — Acura of Los Angeles Westside is thrilled to announce the grand opening of its state-of-the-art dealership, located at 6250 W Slauson Ave Culver City, CA. The grand opening event will take place on June 22, 2024, marking a significant milestone for Acura and the Los Angeles community. The… Continue reading Acura of Los Angeles Westside Celebrates Grand Opening with Exciting Event

First pictures of facelifted Audi RS3 as it claims Nürburgring record

Audi has released the first images of the upcoming RS3 facelift, which is promised to bring an uprated chassis and better handling. The upgraded car gets brake torque vectoring, which is said to improve agility and reduce steering effort at the turn-in point of a bend. The software underpinning the torque vectoring and stability control systems,… Continue reading First pictures of facelifted Audi RS3 as it claims Nürburgring record

Chinese automakers retain grip over Southeast Asia’s booming electric car market

Electric vehicle sales are surging in Southeast Asia, led by China’s BYD and Vietnam’s VinFast, eating into the internal combustion engine car market dominated by Japanese and Korean firms, Counterpoint Research said on Friday. EV sales in the region more than doubled in the January to March quarter from a year before, according to the… Continue reading Chinese automakers retain grip over Southeast Asia’s booming electric car market

Honda accused by US agency of illegal union-busting at Indiana plant

The case is Honda Development and Manufacturing of America, National Labor Relations Board, No. 25-CA-331556. Honda has been accused by the National Labor Relations Board of violating the rights of workers at a Greensburg, Indiana, factory by illegally cracking down on union organizing, an agency spokeswoman said on Thursday. The board’s general counsel issued a… Continue reading Honda accused by US agency of illegal union-busting at Indiana plant

Amara Raja invests additional Rs 175 crore in EV battery firm Inobat, increases stake to 9.32 percent

Leading Indian battery manufacturer Amara Raja Energy & Mobility (ARE&M) has invested an additional 20 million euros (Rs 175 crore), which includes a subscription for an additional 4.5% equity stake in InoBat of Norway. With this latest investment, Amara Raja Energy & Mobility’s total holding in Inobat will be around 9.32%, including its previous investment… Continue reading Amara Raja invests additional Rs 175 crore in EV battery firm Inobat, increases stake to 9.32 percent