Search This Blog

Tuesday, August 26, 2008

All new Honda City

Spotted in India. The all new Honda City has been spotted by a member of the Team-Bhp forum. Looks very different from the current city, but seems the pricing is going to be high as well. Civic S has been discontinued, and suggest that Honda wants to make some space for the new city, which looks bigger and better than before!.

Honda Siel Cars India Ltd. (HSCI) â€" a joint venture between the Honda Motor Company Ltd., Japan and Siel Ltd., a Siddharth Shriram Group company is weighing the option of locally manufacturing the CR-V. The Honda CR-V is currently directly imported from Japan as a completely built unit and sold in the Indian market.According to Masahiro Takedagawa, president and CEO of HSCI, “We are studying the possibilities of producing the CR-V locally, which will help up become a far more active player in the growing SUV market.”At present, the Japanese auto maker is retailing an average of about 300 units of the CR-V every month. And, the vehicle has a landed price of around Rs 20 lakh, of which nearly half is accounted to import duty component.By the time Honda decided to manufacturer the CR-V in India, the target price for the vehicle will swoop down to Rs 12-14 lakh. That would mean better attraction from the customers.By fact, the CR-V is the leading player in the top-end SUV segment which include the Ford Endeavour, Mitsubishi Pajero, Suzuki Vitara and a host of other models. Most of the models are actually imported directly â€" an advantage that Honda is weighing.Another point would be the translation into more numbers in local production.

No comments:

Post a Comment

Related Posts Plugin for WordPress, Blogger...