Panasonic launches bid to acquire Sanyo
Japanese consumer electronics giant Panasonic has finally launched their bid to acquire a majority stake in rival company Sanyo.
The company is offering £2.7 billion for this stake.
Panasonic is said to be primarily interested in the Sanyo’s green business related to solar panels and rechargeable batteries.
Sanyo has clients like [...]
Honda launches a new edition CR-V in India
Honda has launched an updated edition of their sports utility vehicle Honda CR-V in the Indian market.
This new model features improved features and enhanced quality.
The company said that this new model comes with a new two-step front grille, oval fog lamps, and a reshaped hood [...]
Honda India sold 6909 cars last month
Honda did extremely well in the Indian market last month.
The Japanese company sold 6909 cars which is a record for them for this month.
This figure is in fact a jump of 346.9 percent compared to the same period last year.
The company said: “Growing consumer optimism [...]
Hyundai skipping Tokyo Motor Show 2009
South Korean automaker Hyundai has announced that they have decided to skip the Tokyo Motor Show 2009.
The company did not give any official reason for this decision but it looks like one of their cost cutting measures.
Hyundai had in fact paid the $122,000 non-refundable fee for a [...]
Honda CR-V Diesel coming to India?
Market sources claim that Honda is considering bringing a diesel edition of their sports utility vehicle CR-V to the Indian market.
This new variant could be powered with a 2.2 liter I-CTDi engine.
Honda has officially denied any such plans.
But the company would do good to launch [...]
Honda City in India gets 2 new variants
Honda India has launched two new variants of their Honda City model to keep the model fresh and in demand.
The company said in a statement: “We are happy to introduce this new V-Grade in response to our discerning customers’ feedback. With the recently launched Honda Jazz, [...]
Hero Honda likely to stay connected with Honda in the future
Honda Siel Cars India president and CEO Masahiro Takedagawa has been quoted as saying that the parent company Honda has no reason to move away from their joint venture with Hero.
Hero Honda is the world’s largest bike manufacturer.
Honda itself is present in India independently as [...]
All New Honda Civic launched in India
Honda India has launched the latest edition of their Civic premium sedan in the Indian market.
The new edition features enhanced looks. Changes have been made to the car’s grille and bumper.
The company spoke about this new model: “The new Honda Civic carries forward the legacy of [...]
Toyota Prius remains the hottest car in Japan
Toyota Prius has now remained the hottest selling car in the Japanese market for four months.
Toyota sold 21,669 units of Prius last month in Japan.
The second most popular vehicle was Honda Fit.
Industry experts said that the hybrid cars are popular in this market because of [...]
Honda Civic could soon get an update in India
Market sources are indicating that Honda India is now working on enhancing their Honda Civic model.
The company recently launched the new Honda City. Honda Accord has already seen an upgrade.
Honda Civic in its current version is the model which has not received any updates [...]
