Honda halts sales of 10 models amid ‘uncertain’…

Honda announced that it is temporarily suspending customer orders for ten of its motorcycles to ease pressure on waiting lists, which have built up due to continued shortages of parts using semiconductor materials.

The Japanese firm has released a statement confirming that from August 1st it will not be taking orders for the Rebel 1100, Rebel 500, Rebel 250, CRF250RALLY, CRF250L, Forza, ADV150, Grom, Monkey 125, CT125 and Hunter Cub.

Honda says a number of factors contributed to the decision to suspend sales of certain models, chief among them the expectation of receiving parts using semiconductor materials, an issue that has had many implications for the company. automotive industry over the past 18 months. It has also cut emissions due to the implications of impending regulation of Reiwa, Japan’s version of Euro5 emissions targets.

Driven by the sudden global increase in productivity as nations returned to some normality following the COVID-19 lockdowns, suppliers involved in the production and distribution of these materials – which had declined during COVID-19 – have not been able to keep up with the influx of demand since mid-2021.

With issues passed on to the customer, wait times for a new bike to be delivered are now months away, with some manufacturers warning that an order placed now means you may have to wait until 2023 to receive it .

With no clear end in sight for the supply issues and coupled with the subsequent bottlenecks at maritime marinas, as well as the lingering impact of COVID in Japan in particular, Honda has chosen to take a step that goes beyond- beyond the simple suspension of production.

Honda says it will communicate in due course when the aforementioned models will be available for purchase again.

From a UK perspective, a Honda spokesperson confirmed there was no impact on the availability of the models available here – the Rebel 1100, Rebel 500, CRF250Rally, Forza, Grom and Monkey 125 – and the issues relate to Honda Japan.

“As for Honda motorcycle products, from fall 2021 to present, due to multiple factors such as lockdowns due to novel coronavirus infection overseas, shipping and port congestion worldwide, and semiconductor supply shortages, product and parts arrivals have been delayed,” reads Honda’s statement.

“As logistical delays continue and lengthen, and the outlook for production and shipments from overseas remains uncertain.

“In addition, due to the application of the 2nd year of the Reiwa exhaust regulations to motorcycles for the Japanese domestic market from November 2022, orders for current models may reach the production plan of some models. , we will temporarily stop taking orders.

“We would like to express our sincere gratitude for your orders and the consideration you have for our products. We are sorry.

“Regarding the resumption of orders for the target products, we will inform you again from this site and authorized Honda motorcycle dealers.

“We will continue to do our best to deliver products to our customers as soon as possible, so we appreciate your understanding.”

Latest News | HMSI launches Dio SPORTS at Rs 68,317

New Delhi, Aug 03 (PTI) Honda Motorcycle & Scooter India announced on Wednesday that it has launched the “Dio SPORTS” scooter priced at Rs 68,317 (ex-showroom).

The limited edition 110cc scooter is available in two versions priced at Rs 68,317 and Rs 73,317, respectively.

Read also | The National Bulletin (TNB) has featured in Google’s Top Stories.

The scooter comes with features like telescopic suspension, built-in dual function switch, side stand indicator among others.

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Read also | Oppo A77 4G with 5000 mAh battery launched in India; Prices, features and specifications.

Tata Motors introduces Tiago NRG XT at Rs 6.42 lakh* Tata Motors on Wednesday launched the Tiago NRG XT variant priced at Rs 6.42 lakh (ex-showroom).

The model comes with various features such as steering wheel controls, height adjustable driver seat, fog lights among others.

“At an attractive price, this variant is well packaged and aims to improve the driving experience.

“We are confident that the addition of this feature-rich XT variant will further strengthen the NRG and Tiago’s entire portfolio, propelling their sales performance forward,” said Rajan Amba for Tata Motors Passenger Vehicles (Vice -President, Sales, Marketing and Customer Service). A declaration.

*** Hero MotoCorp launches phygital avatar resale platform * Hero MotoCorp announced on Wednesday that it has presented its “Wheels of Trust” two-wheeler resale platform in phygital avatar.

The two-wheeler resale platform has served more than five million customers, Hero MotoCorp chief growth officer Ranjivjit Singh said in a statement.

“Now in the phygital avatar, customers can experience the best resale value of any two-wheeler from the comfort and convenience of their home. The second-hand segment is changing every day, and we’re happy to provide an ecosystem that allows owners of older two-wheelers to have a hassle-free upgrade,” he added.

(This is an unedited and auto-generated story from syndicated newsfeed, LatestLY staff may not have edited or edited the body of the content)

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Reiterates price target of “€44.00” for Fuchs Petrolub (FRA:FPE)

 

set a price target of €44.00 ($45.36) on Fuchs Petrolub (ENG:FPE – Get a rating) in a research note published Monday morning, Borsen Zeitung reports.

Several other brokerages have also recently weighed in on FPE. Baader Bank set a price target of €40.00 ($41.24) on Fuchs Petrolub shares in a research report on Friday. UBS Group set a price target of €27.00 ($27.84) on Fuchs Petrolub shares in a Thursday, July 14 research report. Deutsche Bank Aktiengesellschaft set a price target of €44.00 ($45.36) on Fuchs Petrolub shares in a Friday, July 15 research report. Berenberg Bank set a price target of €42.00 ($43.30) on Fuchs Petrolub shares in a Tuesday, May 3 research report. Finally, Warburg Research set a price target of €39.00 ($40.21) on Fuchs Petrolub shares in a research report on Friday.

Fuchs Petrolub share performance

Fuchs Petrolub stock open for €24.90 ($25.67) on Mondays. The company’s 50-day moving average is €23.84 and its 200-day moving average is €25.69. Fuchs Petrolub has a 1-year minimum of €37.40 ($38.56) and a 1-year maximum of €44.80 ($46.19).

Fuchs Petrolub Company Profile

(Get a rating)

Fuchs Petrolub SE develops, produces and sells lubricants and related specialties worldwide. The company offers automotive lubricants, such as biodegradable lubricants, central and mobile hydraulic oils, dry coatings, motor and gear oils, motorcycle/two-wheeler and service fluids, as well as various oils for the agricultural sector.

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Suzuki Motorcycle India records 76,230 unit sales in July 2022: Access 125, V-Strom SX, Katana and more

Suzuki Motorbike India managed to sell 76,230 two-wheelers in the month of July 2022, of which 60,892 units were sold in the domestic market, as well as 15,338 units which were exported to other markets. This helped the Japanese automaker post positive growth of 4.3% year-on-year (YoY) compared to July 2021. The company’s June 2022 domestic sales figures stood at 52,929 units, meaning it recorded monthly sales growth of 7,963 units. Currently, Suzuki’s portfolio in India consists of Access 125Burgman Street, and Avenis scooters, and Gixxer, Gixxer SF, Gixxer 250, Gixxer SF 250, V-Strom SX, V-Strom 650XT, Hayabusa and Katana motorcycles. The Katana is the latest motorcycle launched by the company in India. With a base price of Rs 13.61 lakh (ex-showroom), the bike goes up against models like the BMW F 900 XR and Kawasaki Ninja 1000SX in the Indian market. Suzuki is offering the bike in India with two color options – Metallic Mystic Silver and Metallic Stellar Blue.

The Katana features a 999cc liquid-cooled DOHC inline four-cylinder engine that delivers 152hp of peak power, along with 106Nm of peak torque. The transmission functions are taken care of by a 6-speed gearbox. The Katana gets a two-way quick shifter with throttle-by-wire, a slipper clutch, as well as a five-level traction control system.

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Virgin River begins production on Season 5 – The UBJ

The popular netflix series Virgin River takes us inside the tumultuous romance in the small town between Mel (Alexandra Breckenridge) and Jack (Martin Henderson). We followed their romance through the first four seasons as we got to know the other townspeople, and it became the kind of series viewers can’t miss when it premiered on the service. streaming. Although season 4 was released earlier this month, the series is eager to continue and it looks like season 5 has already started filming.

Ben HollingworthWho’s playing Brady on the show, uploaded photos of him riding a motorcycle on Instagram “first day of season 5. Let’s go, everyone!” #VirginRiver #Netflix” giving fans the information they need about the small town of Virgin River. The series has been a constant turning point for all the characters outside of Mel and Jack’s relationship with constant romances that drive the series forward as well as mysteries that keep fans coming back.

Brady’s struggle with being imprisoned for trying to kill Jack in previous seasons was a big part of the Season 4 drama, aside from Mel and Jack’s child. The show is full of unique twists in the lives of Jack and Mel. However, there is a ton of drama in Season 5.

Patrick Sean Smith, the new showrunner, gave a candid explanation of where the series is headed. He said in an interview with TVLine: “There’s a lot going on, and it took me a while to figure out what [the characters have] everything they’ve been through, where they’re headed and where I’d like them to go. I wanted it to be as smooth as possible. »

He also revealed that Season 5 continues where Season 4 left off. He explained, “Season 5 picks up right after Season 4.” “Four and five don’t happen at different times.” At the end of Season 4, we were left with more questions than answers, Mel and Jack had finally gotten engaged, the paternity of Jack’s alleged twins was still up in the air, and there were still more. , but since production on Season 5 has already begun with the cast and crew, hopefully we’ll have the answers soon.