First Honda Programmed Fuel Injection Motorcycle to be Launched in India.
New Dehli and Tokyo, Japan, June 26, 2006 - (JCN JCN Japan Corporate News
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JCN joint communications network (US DoD) Newswire) - Hero Honda Hero Honda Motors Ltd is the World's largest manufacturer of motorcycles (by quantity). Hero Honda is a 50:50 joint venture that began in 1984 between the Hero group of India and Honda from Japan. Motors Ltd., a motorcycle motorcycle, motor vehicle whose design is based on the bicycle. The German inventor Gottlieb Daimler is generally credited with building the first practical motorcycle in 1885. The motorcycle did not become dependable and popular, however, until after 1900. production and sales joint venture in India between Honda honda
a quick release metal eyelet for the end of a lariat. When the restrained animal is no longer required it is not necessary to slacken off the loop and pull it over the head—a very great advantage when working with wild cattle or unbroken horses. and Hero Group, announced the sales launch of Glamour FI, which is the first motorcycle in India equipped with PGM-FI (Honda's Programmed Fuel Injection Programmed Fuel Injection, or PGMFI/PGM-FI, is an electronic fuel injection system initially developed by Honda more than 20 years ago. This system has been applied to Honda motorcycles, Formula 1 and racing cars, as well as automobiles. ).
Glamour FI, based on the stylish Stylish is a free Mozilla extension that allows for the manipulation of web pages and XUL application user interfaces through the use of CSS or user styles available localy or from centralized web-site , which allows style sharing. 125cc motorcycle Glamour, has better fuel efficiency and ease of engine start, thanks to PGM-FI. Riders can see its high fuel efficiency by a digital real-time fuel economy indicator. Its design is more refined, with its engine integrated with a black color scheme and a unique FI logo.
Hero Honda began production of motorcycles in 1985. Its current annual production capacity is 3,450,000 units combined at its two plants in Dalhera and Gurgaon. This September, the annual production capacity at Dalhera will be expanded to 1,950,000 units from 1,500,000 units by adding a new line. Moreover, its annual capacity will increase to 4,400,000 units in 2007 when a third plant with 500,000 units of annual production capacity will be constructed.
The overall motorcycle market in India has been growing rapidly, reaching approximately 7,300,000 units in 2005, a 15% increase from 2004. The market is expected to grow further in 2006, up to approximately 8,500,000 units, a 17% increase from 2005. Total sales of Hero Honda and Honda's sole subsidiary, Honda Motorcycle and Scooter scooter: see motorcycle. India (Private) Ltd. established in 1999, reached approximately 3,371,000 units in 2005, an 18% increase from 2004.
Honda plans to install PGM-FI on most of its motorcycles worldwide by the end of 2010 to reduce emissions. Following similar model introductions in Thailand and Indonesia, Honda is providing the environmentally-prominent PGM-FI model to the growing Indian market, thus strengthening environment-friendly activities in its global motorcycle business.
About Hero Honda Motors Ltd.
Established: January 1984 Start of Production: May 1985 Location: New Delhi Capital Investment: 399,375,000 rupee Capitalization Ratio: 26% Honda Motor Co., Ltd. 26% Hero Group Representative: B.M.L. Munjal, Chairman Business: Production and sales of motorcycles and scooters Employment: Approx. 4,200 associates (as of May 2006 ) Annual Capacity: 3,450,000 units (as of May 2006 ) Production Models: Splendor, Passion, Achiever, Karizma, Glamour, Pleasure etc. Sales results 2005: Approx. 2,818,000 unit
About Honda Motorcycle & Scooter India (Private) Ltd.
Established: August 1999 Start of Production: May 2001 Location: New Delhi, India (Gurgaon area, Haryana state) Capital Investment: 3,000,000,000 rupee Capitalization Ratio: 100% Honda Motor Co., Ltd. Representative: Yukihiro Aoshima, President Business: Production and sales of motorcycles and scooters Employment: Approx. 3,000 associates (as of May 2006) Annual Capacity: 870,000 units (as of May 2006) Production Models: Activa, Dio, Eterno, Unicorn, Lead (For export) etc. Sales results 2005: Approx. 553,000 units
About Honda Motor Co., Ltd.
Honda Motor Co., Ltd. (TSE See Tokyo Stock Exchange.
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2. See Toronto Stock Exchange (TSE). : 7267)(NYSE NYSE
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HMC Hoffman Modulation Contrast )(LSE LSE - Language Sensitive Editor : HNDA.L) is one of the leading manufacturers of automobiles and power products and the largest manufacture of motorcycles in the world. Honda has always sought to provide genuine satisfaction to people worldwide. The result is more than 120 manufacturing facilities in 30 countries worldwide, producing a wide range of products, including motorcycles, ATVs, generators, marine engines, lawn and garden equipment and automobiles that bring the company into contact with over 19 million customers annually. For more information, please visit http://world.honda.com.
Source: Honda Motor Co., Ltd.
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