Honda Motors Compact Car By 2011

By Staff

Published: Monday, January 25, 2010, 14:30 [IST]

Japan' Honda Motor declared that it would introduce its new compact car in India by 2011 at a price less than Rs 5,00,000.This would be the second cheapest car to Tata Nano.

Honda Motor five-seater family car based on the 'Honda New Small Concept' was unveiled at the Delhi Auto Expo and is being built with the prime motive of catering to the needs of India and other emerging automobile markets.

"That's our new small car concept...and we plan to launch it in India in 2011," said Gyaneshwar Sen, General Manager, Marketing, Honda Siel, a joint venture between Japan's Honda and India's Siel.

Honda expects to further increase local procurement in India to price the car attractively for Indian customers.

Japanese rivals Toyota Motor Corp and Nissan Motor Co are also planning their own entry-level cars in India, with production scheduled to begin in 2010.

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Article Published On: Monday, January 25, 2010, 14:30 [IST]

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