Dream Neo

Here is a list of the announcements that have come from various auto companies and a look at how cheap their bikes and cars are expected to get, as a result of the excise duty.

Hero Motocorp falls 1% on price cut of up to Rs 4,500

Following excise duty cut announced by Finance Minsiter P Chidambaram in the Vote on Account 2014-15, both Honda Motorcycle & Scooter India (HMSI) and Hero MotoCorp reduced product prices.

Honda launches Dream Neo; to up capacity by year-end

Honda plans to tap the mass segment with the launch of the Dream Neo and plans to increase capacity to 46 lakh units by the year-end, YS Guleria, VP - sales and marketing, HMSI told CNBC-TV18.

Barclays downgrades Bajaj Auto; cuts Hero, TVS Motor target

Barclays downgraded Bajaj Auto to "equal weight" from "overweight" on Thursday and maintained an "underweight" rating on Hero MotoCorp and TVS Motor saying the next twelve months would remain challenging for the two-wheeler industry in India.

Honda plans to give Hero nightmares with its 'Dream Neo'

Japanese giant Honda has decided to take the battle right to its former partner and now its rival Hero MotoCrop‘s doorstep with the launch of its entry level bike the ‘Dream Neo‘.

Honda's cheapest bike 'Dream Neo' hits roads for Rs 43,150

Japanese auto giant Honda today launched a new motorcycle 'Dream Neo' in India's volume-driven commuter segment, priced at Rs 43,150, making it the company's cheapest two-wheeler in the country.