Honda getting weak by production constraints

Honda getting weak by production constraintsWhile the company has enjoyed massive success as far its products are concerned, but the same products are expected to turn as a hurdle of the company keeping in mind the production constraints being faced by HMSI.

Honda Motorcycle and Scooters India Limited, a 100% subsidiary of the Japanese auto major, Honda Motor Company is struggling to meet the rising demand for its products.

Shinji Aoyama, president and chief executive officer of HMSI said that the company is losing market share as the Indian market is growing must faster than its expected and the constraints that it is facing for its products.

According to the figures provided by Society of Automobile Manufacturers, domestic two-wheeler market grew by over 26 per cent while HMSI grew slower at a tad over 19 per cent year-on-year (y-o-y).

With its cousin Hero Honda holding the pole position, HMSI hold close to 12% market share of the Indian two-wheelers market. Abdul Majeed, auto practice, leader, PwC India said that the company will lose its market share as long as it is keeping the consumer wait.

Angel Broking, auto analyst, Vaishali Jajoo said that Bajaj Auto is looking very good and will gain market share as it has lost some of it in the last couple of years.

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