Honda Siel, the Indian division has launched the new model for the Civic to keep up with the demand of the ‘Young Indian’. The car is a spin off variant of the Honda Civic and is a limited edition sports car.
The Special edition was launched just as Honda reached the 3 lakh mark in auto car sales in India.
The Honda Civic Sport will come with a 1.8Litre i-Vtec engine and will come with manual transmission. Automatic transmission will not be provided from the company itself. The car was also the highlight of the Auto Expo in Delhi which took place early this year.
“This launch will help broaden our customer base and appeal to the young at heart target audience.” said Mr Masahiro Takedagawa, President & CEO of Honda Siel Cars India Ltd.
Honda has come out with an announcement that they are working on releasing a new car for the Indian market and this time its going to be the Hatchback segment. The Honda officials say that the car will be rolled out in the Indian market in 2-3 years.
The new premium hatchback is still underdeveloped and it will first be launched in India and then elsewhere. Takedagawa said “India would be the lead country though the car will also be sold in other markets. However, we will consider Indian infrastructure and localization plan while developing it.”
The company will be investing a further $200 million for a new plant through which they would wnat their sales to peak to over 1 lac units by 2010.
Honda Siel Cars issued a press statement last week that they would be increasing the prices of their cars from the first week of January.
“There has been pressure from increased input costs and the company has decided to hike prices across all the production models between 1.5 per cent and 2 per cent by next week,” a Honda official said.
The prices of the Honda City, Honda Civic and the Honda Accord would be raised but they made it clear that they would not be tinkering with the price tag on the Honda CR-V.
Honda are also set to introduce their new version of the Honda Accord this month, so it seems a bit odd that they would hike the price of the older model.
Honda, India January 2nd 2007
Honda has now launched the new variant of the ever so famous CR-V which is a Sports Utility Vehicle. This variant of the car is going to be priced at 17.75 lacs which is more than the older version. The Honda CR-V is also available with Automatic transmission which will cost you a little bit over 18.5 lacs.
The prices mentioned are all ex-showroom Delhi and approximate figures. To add to these prices insurance and tax will take the price as high as 20lacs in some parts of India.
Honda, India, SUV December 3rd 2006
