Edition: International
Wednesday 30 July, 2025
BREAKING NEWS

UN Security Council Report Names Lashkar’s Proxy TRF in Pahalgam Terror Attack

  • News
    • Kochi
    • Trivandrum
    • Kozhikode
  • Sports
  • Business
  • Health
  • Entertainment
    • E24hrs
    • Cinema
    • Directors
    • Actors
  • Education
    • Career
  • Automobile
  • Personalities
    • Political Leaders
  • Religion
    • Christian
      • Catholic
      • Latin Catholic
      • Syro Malabar
    • Hindu
    • Islam
  • Environment
  • More
    • Food
    • Wellness
    • Lifestyle
    • Beauty & Fashion
    • Fitness
    • Mental Health
    • Yoga
    • Video
  • മലയാളം
BREAKING NEWS
100Days: Thirike, Neestream and Gopi Make their Way into the India Book of Records
Raga by Titan Unveils Cocktails, a Dazzling New Collection for the Bold
Blue Dart Announces Q1FY26 Financial Results
UN Security Council Report Names Lashkar’s Proxy TRF in Pahalgam Terror Attack
Former Bangladesh Chief Justice Placed on 7-day Remand
Motorola Launches Moto g86 POWER: The Perfect All-Rounder
    • News
      • Kochi
      • Trivandrum
      • Kozhikode
    • Sports
    • Business
    • Health
    • Entertainment
      • E24hrs
      • Cinema
      • Directors
      • Actors
    • Education
      • Career
    • Automobile
    • Personalities
      • Political Leaders
    • Religion
      • Christian
        • Catholic
        • Latin Catholic
        • Syro Malabar
      • Hindu
      • Islam
    • Environment
    • More
      • Food
      • Wellness
      • Lifestyle
      • Beauty & Fashion
      • Fitness
      • Mental Health
      • Yoga
      • Video
    • മലയാളം
  • Automobile
  • Honda 2Wheelers India Pledges Support to its Dealer Family

    By NE Reporter on April 9, 2020

    GURUGRAM:
    As the nation-wide lockdown now enters its 3 rd week, Honda Motorcycle & Scooter India Pvt. Ltd. today announced its next set of strong relief measures designed to support sales and service business partners across India during the unprecedented COVID-19 pandemic situation.

    With its unprecedented scale and subsequent nationwide lockdown, COVID-19 has severely impacted the business continuity of dealer partners, who were already under immense pressure due to the 16-month-long demand industry slowdown.

    Elaborating on how Honda as a responsible corporate is committed to taking care of its dealer partners in these uncertain times, Yadvinder Singh Guleria, Director – Sales & Marketing, Honda Motorcycle & Scooter India Pvt. Ltd. Said, “In this challenging times, Honda 2Wheelers India has extended an exhaustive financial support package for its dealers. The support package will effectively provide immediate liquidity to our dealer partners and we are confident that it will comprehensively ease their business continuity anxiety & improve cash flow. Providing yet another major support, Honda shall also bear the interest cost of the BS-VI vehicles inventory at all its dealers for the entire 21-day lockdown period.”

    Honda’s slew of measures includes advance payments of incentives and reimbursements across the 3 functions (sales, service and spare parts), Buy-back of the BS-IV inventory lying unsold with few dealers majorly in Delhi NCR area; and also entirely bearing the interest cost of BS-VI inventory (Physical plus Transit) with the dealers for the 21 days of nationwide lockdown.

    Honda had earlier announced extension of timeline by 2 more months to customers whose free service & warranty was scheduled during lockdown (15 th March to 15 th April). Honda also released payments approximately amounting to Rs. 1,700 Crores to all its suppliers, dealers and service providers on time. This further eased the liquidity crunch that its business partners faced due to the sudden Covid-19 lockdown situation, and supported them for timely payment of March salaries to their workforce and vendors.

    Honda family says Stay Home, Stay Safe:
    Parallely, Honda and many of their dealer partners, as One Honda family continue to proactively fight for the cause and contribute to the society. On April 1st, Honda India foundation – the Corporate Social Responsibility (CSR) arm of Honda group companies in India pledged 11 crore aid towards COVID-19 relief and preventive measures. Honda Associates across all 5 Honda group companies too have voluntarily pledged to donate their 1 days salary towards the total relief aid. Across India, dealers too have contributed through free distribution of meals & food grains to the needy, Free masks & sanitizer distribution, funds donation to State/ Central Government etc.

     

    Iscea

    NE Reporter

    advance paymentsBS-VI vehiclesbusiness continuityCOVID-19CSRDealer Familyfinancial supportfood grainsfree serviceHonda 2Wheelers Indiaindustry slowdownlockdownrelief measuresstay home stay safe

    more recommended stories

    • Ashok Leyland Partners with West Bengal Gramin Bank

      KOLKATA:Ashok Leyland, the Indian flagship of.

    • Setting Records: Škoda Kodiaq Scales New Heights

      MUMBAI:In a moment that captures the.

    • Thrissur’s Mia Drives Home the Mahindra BE 6 After Topping BGMI’s National Giveaway Campaign

      THRISSUR: In a proud moment for.

    • Odysse Electric Strengthens Everyday Mobility Line-Up with the Introduction of Racer Neo

      MUMBAI:Odysse Electric Vehicles, one of India’s.

    • Robust Momentum in Indian Tyre Export Continues: Exports Cross ₹25,000 Crore in FY25

      KOCHI:The Indian Tyre Industry has shown.

    • Swaraj Division Receives Bhamashah Award from Government

      JODHPUR:Swaraj Tractors, a trusted name among.

    • Mahindra Launches Bolero MaXX Pik-Up HD 1.9 CNG

      MUMBAI:Mahindra & Mahindra Ltd., the makers.

    • Mahindra FURIO 8 Delivers Guaranteed Highest Mileage and Highest Profit in LCV Category

      MUMBAI:Mahindra’s Truck and Bus business (MTB),.

    • Honda Motorcycle & Scooter India Launches 2025 XL750 Transalp

      GURUGRAM:Honda Motorcycle & Scooter India (HMSI).

    • Škoda Auto Outlines Framework to Strengthen India Growth Plan

      MUMBAI:The year 2025 marks an important.

    Live Updates

    • Raga by Titan Unveils Cocktails, a Dazzling New Collection for the Bold
    • Blue Dart Announces Q1FY26 Financial Results
    • UN Security Council Report Names Lashkar’s Proxy TRF in Pahalgam Terror Attack
    • Former Bangladesh Chief Justice Placed on 7-day Remand
    • Motorola Launches Moto g86 POWER: The Perfect All-Rounder

    NewsExperts.in

    • മലയാളം
    • മലയാളം

    What’s New ?

    • Raga by Titan Unveils Cocktails, a Dazzling New Collection for the Bold
    • Blue Dart Announces Q1FY26 Financial Results
    • UN Security Council Report Names Lashkar’s Proxy TRF in Pahalgam Terror Attack
    • Former Bangladesh Chief Justice Placed on 7-day Remand
    • Motorola Launches Moto g86 POWER: The Perfect All-Rounder

    Newsexperts.in - powered by Klickevents Infosolutions (P) LTD