Samvardhana Motherson International Limited announced that its board has approved the acquisition of an 81 percent stake in Japan-based Yutaka Giken Co., Ltd. (YGCL) through its wholly owned subsidiary Motherson Global Investments B.V. The company will also acquire an 11 percent stake in YGCL’s subsidiary Shinnichi Kogyo Co., Ltd. from Honda Motor Co., Ltd., and […]
Honda Motorcycle & Scooter India Pvt. Ltd. (HMSI) plans to build a fourth production line at its Vithalapur plant in Gujarat, with operations scheduled to begin in 2027. The new line will have an annual production capacity of 650,000 units, increasing the total capacity of the fourth plant to 2.61 million units. The company will […]
Honda Motor Co., Ltd. has announced plans to begin operations at a dedicated electric motorcycle production plant in India by 2028. The facility will produce a range of electric two-wheelers using commonized modules to enhance efficiency and reduce costs. The initiative is part of Honda’s broader strategy to expand its electric vehicle (EV) lineup and […]
Nissan Motor Co., Ltd., Honda Motor Co., Ltd., and Mitsubishi Motors Corporation have signed a memorandum of understanding (MOU) to explore the possibility of Mitsubishi Motors joining discussions on a proposed business integration between Nissan and Honda. The agreement follows a prior MOU signed by Nissan and Honda on August 1, which outlined plans to […]