TOKYO, Japan, August 20, 2025 – Honda Motor Co., Ltd. (Honda) at present introduced the latest institution of a brand new firm in India, Honda Finance India Non-public Ltd., (“Honda Finance India”) that can provide clients retail gross sales financing companies together with loans and lease gross sales choices for Honda merchandise in India.
In India, the place additional progress of the bike and vehicle markets is predicted, the variety of clients utilizing loans to buy bikes and vehicles can also be anticipated to extend. Till now, retail gross sales financing companies within the Indian market have primarily been supplied by native monetary establishments. Nevertheless, in gentle of market developments, Honda will additional strengthen its enterprise in India by providing its personal gross sales financing companies by means of a neighborhood subsidiary in India.
Honda Finance India Non-public Ltd. will apply for a Non-Banking Monetary Firm (NBFC) license to conduct monetary companies enterprise in India. After acquiring the license, the corporate will start providing retail gross sales financing companies to assist clients finance their buy of bikes, cars and companies supplied by Honda.
Monetary companies enterprise has been one of many most important enterprise areas of Honda, and the corporate has established native subsidiaries specializing in retail gross sales financing companies in Japan and numerous international locations in key areas equivalent to North America, and Europe. With the institution of the brand new firm, India grew to become the ninth nation the place Honda has a neighborhood subsiary to supply monetary companies.
Honda will work to determine long-term relationships with clients by providing versatile monetary companies tailor-made to the particular wants of shoppers in every area. Furthermore, in anticipation of the worldwide enlargement of software-defined car (SDV) gross sales sooner or later, Honda is trying into alternatives to supply new monetary companies designed to extend buyer satisfaction and the worth of the client expertise utilizing numerous knowledge from Honda SDVs. With such new companies, Honda will additional strengthen its monetary companies enterprise not solely in India however throughout the globe.
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