Honda Flags New Version of City at Rs 7.42 lakh
By ENS Economic Bureau | Published: 08th January 2014 06:00 AM |
After tasting success with their entry into the diesel car space with the ‘Amaze’, Japanese car maker Honda launched a diesel variant of their flagship ‘City’ model in India.
The company also introduced an all-new version (petrol) of the car with prices starting from Rs 7.42 lakh (ex-showroom Delhi). The diesel version prices will start from Rs 8.62 lakh to to Rs 11.1 lakh (ex-showroom Delhi), the company said in a statement on Tuesday.
The company had launched its first generation City in 1998.
Unlike other Indian automobile majors, Honda has been registering high growth in sales driven mostly by their Brio Hatchback and Amaze.
The company sold 5,493 units in the domestic market in the month of December 2013 as against 4,242 units sold during December 2012, registering a sales growth of 30 per cent.
“With the best of both petrol and diesel technologies available in Honda City, we are very confident about the success of the model, which will significantly contribute to our business growth in India,” Hironori Kanayama, President and Chief Executive Officer of the auto major reportedly said.
The company sold a total of 73,000 units in FY13 and is aiming to sell 1.2 lakh cars in the current fiscal (FY14).
The company had launched the first-generation Honda City in India in 1998 and has so far sold 4.3 lakh units of the car.