It is priced at Rs. 10.75 lakh (ex-showroom Delhi) :
- Plans to produce 1,000 cars initially
- To raise output later to match demand.
- Features aluminium engine with 1.8 litre capacity
Honda has finally launched its most popular car model worldwide, the Civic, in India. The eighth generation model, which was introduced globally , has been customised and altered to suit Indian conditions.
This was disclosed here on Tuesday by Honda Motor Company President and CEO Takeo Fukui. He said the launch of the latest generation Civic in India reinforced his company's commitment to the Indian market. The entry-level model is priced at Rs. 10.75 lakh (ex-showroom Delhi). The Civic is expected to compete with the Toyota Corolla and the Mitsubishi Cedia.
Mr. Fukui told newspersons that the heart of the new generation Civic was the aluminium 1.8 litre engine that gave more fuel efficiency. The company planned to produce 1,000 units initially at the Greater Noida plant and raise output later to match demand.
The President of Honda Siel Cars India (HSCI), Masahiro Takedagawa, said the car would be manufactured with 68 per cent localisation and this would be increased to 80 per cent within the next two years. The company planned to sell 63,000 cars of all models in this financial year, as compared to 43,000 cars last year.
Two variants
The Civic comes in two variants with the manual transmission costing Rs. 10.75 lakh, while the automatic variant would be for Rs. 11.45 lakh (ex-showroom Delhi). The model is said to be targetted at trendsetters and includes features like ABS (anti-locking brake system) and EBD (electronic brake force distribution system) and dual SRS airbags. It has an aero-dynamic and sporty body, with the interiors affording spacious leg-room.
Mr. Takedagawa said the company was considering the possibility of consolidating its holdings in different ventures in India under a single company, Honda Motor India (Pvt) Ltd. Initially, he said this company could take care of logistics for spare parts. He also disclosed that the Indian partner in the car business, Shrirams, planned to increase its stake in HSCI to five per cent.
Mr. Takedagawa said the company was considering the possibility of consolidating its holdings in different ventures in India under a single company, Honda Motor India (Pvt) Ltd. Initially, he said this company could take care of logistics for spare parts. He also disclosed that the Indian partner in the car business, Shrirams, planned to increase its stake in HSCI to five per cent.
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