First launched in India in 2017, the latest edition comes loaded with 2nd generation dual clutch transmission (DCT) technology, as per the release.
With 6.71 lakh two-wheelers affected out of the total of over 8 lakh BS-III vehicles impacted by the ban, dealers said the immediate effort is to sell as many units as possible before the deadline by offering "unheard of discounts" in the industry.
Honda Activa, which comes with various features including four-stroke engine and gearless transmission, made its debut in the domestic market in 2001.
The exercise is part of a global recall by the company's Japanese parent Honda Motor Co. "The recall process will start in mid of August 2015 as a precautionary measure to check and replace starter relay switch if it belongs to the defective lot," HMSI said in a statement.
Sanju Verma, MD & CEO of Violet Arch Capital Advisors advised buying only Mahindra and Mahindra (M&M) in the auto space and avoiding Tata Motors.
Seeking an early solution to its wage settlement talks with the management, workers of Hero MotoCorp's Gurgaon plant today said they are keeping options open to go on strike but only as a last resort.
The Cabinet and the CCEA will meet on the 10th January to consider several proposals including divestment in EIL.
Honda Motor Co launched the lowest-cost motorbike in its line-up on Tuesday for sale in the India market, aiming to double India's share of its motorcycle revenue by the end of the decade while racing to catch up with rivals in fast-growing emerging markets.
It is no longer shackled by its 27-year old joint venture Hero Honda. That is reason enough for HMSI to begin working on making its dreams of becoming the number-one two-wheeler player in India a reality, reports CNBC-TV18's Swati Khandelwal Jain.
M&M's foray into the two-wheeler market has not been as explosive as expected. And now, CNBC-TV18 learns that while the re-launch of its 110 CC bike Stallio has been delayed, even scooter sales are slipping. CNBC-TV18’s Swati Khandelwal Jain and Ronojoy Banerjee report.