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27 Oct, 2012 12:52 PM

Honda planning more diesel models; entry-level diesel sedan to take on Maruthi

Honda planning more diesel models; entry-level diesel sedan to take on Maruthi Honda Cars India (HCIL) is planning to recapture its lost Indian market share with new diesel models.

Honda Cars sold 54,427 cars in 2011-12,8.46% lower than FY11.Due to incremental volumes of Brio, in April to September of this fiscal, Honda Cars India has sold 34,440 units, a growth of 47% over last year.
Honda
It has been observed that the price sensitive Indian customers are more and more opting for diesel cars. Honda which in the absence of the diesel cars had hot some of its market share. The company is working on 3-4 diesel models, including an entry-level sedan and a compact utility vehicle, over the next two to three years.

The first on the line will be the entry-level sedan built on the Brio platform, which is code named 2TP,to take on Maruti Suzuki Dzire and eventually Jazz, City, the new MPV/SUV, and Brio, too, may be powered by 1.2 litre or 1.5 litre diesel engine, depending on the model.




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