Monthly archives "October 2017"

Honda Motor Europe Reveals Favourable Sales Volumes

The European arm of automotive and 2-wheel industry giant Honda has reported that their turnover has grown by more than £1 billion. Production has dramatically increased ever since Honda started exporting UK-made cars to North America. On the other hand, Honda motorbikes in the UK continue to generate favourable sales volume.

Honda Motor Europe Ltd. has revealed that their turnover grew to £5.21 billion in the past 12 months ending March 31, 2017, up from £4.05 billion during the 2015-16 period. Pre-tax profits also soared to £73.3 million from the £31.7 million of the previous year. In the report that accompanied the results, the directors explained that the £1.16 billion increase in revenue resulted from the increase in sales volumes generated by the automotive and motorcycle businesses. There was also a corresponding increase in automotive exports to North America including the strengthening of the Euro over the Sterling.

Sales of Honda motorbikes grew by 6.4%to 217,000 while automotive sales in Europe increased by 7% to 184,000. Sales increase was reportedly due to the HR-V model and the gradual recovery in economic conditions. With regards to sales of Honda motorbikes in the UK, Swandon manufacturing operations of Honda reported turnover of £2.16 billion up from £1.84 billion.

According to a Honda spokesman, Honda will remain with its commitment to its UK operations. However, the company has urged the UK government to continue with its dialog with the European Union so that a free and frictionless trading environment can be created post Brexit. Honda believes regular and constructive discussions are very important to the continued success of companies in the European region.

Honda Motor Europe is very supportive of the UK government and the outcome of the Brexit negotiations. The company hopes that the negotiations will successfully maintain the conditions of barrier-free and tariff-free access between the UK and EU.

Meanwhile, if you want to purchase Honda motorbikes in the UK, there are good deals available in Leicester and Peterborough areas. You can choose from the wide range of new motorcycles and scooters for a very reasonable price. There is also a wide selection of high quality used motorcycles and scooters.

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Tourism Authority Of Thailand Holds Road Show In Kochi And Bangalore

The Tourism Authority of Thailand, as part of their efforts to promote tourism in the country across SEA and beyond, recently went to Kochi and Bangalore, playing host to road shows on the 7th and 8th of August 2017.

The TAT was accompanied by a delegation of 30 Thai companies, with the road show displaying  around 100 members of tourism from the Thai cities, as well as the more local figures, such as travel agents and representatives from local tourism and hospitality companies, and attraction operating firms from Thailand, all hoping to attract attention to luxury resorts in Hua Hin and the other many, many venues of Thailand.

The road shows was headed by SrisudaWanapinyosak, the TAT’s Deputy Governor for International Marketing for Asia and the South Pacific. In a statement, she said that the aim of the road shows was to bring attention to the newer segments and regions that Thailand has to offer, as well as draw people to the many luxury resorts in Hua Hin and Cha-Am, two of the many newer, up-and-coming destinations in Thailand. She adds that the TAT is expecting an increase in Thailand’s revenue from Indian tourists to increase by 14% in 2017.

She states that Bangalore was a focus of the road show because it accounts for 10% of the growth of Thai arrivals from India, and that this growth is set to continue, with the TAT taking note of Bangalorians demand for new tourism experiences.

The TAT’s Director for Mumbai, Soraya Homchuen said that the TAT has noticed a rise in Thai arrivals from South India and that Bangalore is one of the key markets in that region. They state that Kochi & Bangalore accounts for an increasing number of arrivals to Thailand, making them upwardly-mobile markets and good targets for focus by the TAT.

In the global market, India ranks in at 6th place in terms of Thai tourist arrivals, with the South India region accounting for 30% of that total. According to the numbers released by the Department of Tourism in 2016, Thailand welcome approximately 8 lakh/8*105 (800,00), Indian tourists, which was a marked 16% increase from the preceding year.

The DoT states that the primary destinations for 2017 and 2018 will be the following areas:

    • Hua Hin;
    • Cha-Am;
    • Chiang Mai;
    • Chiang Rai;
    • Krabi;
    • Trat;
    • Phuket;
    • Pattaya, and;
    • Bangkok.


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