Honda Civic is coming back to India next month: All you need to know



Japanese auto maker Honda Wednesday said it will launch the latest version of Civic model in India next month, thus completing its sedan lineup in the country.
With sedans -- Amaze, City, Accord and the upcoming Civic -- the company will have four products across various price points to cater to a wide range of customers.
Honda, which is present in the country through wholly- owned subsidiary Honda Cars India Ltd (HCIL), will now look at bolstering its presence in other segments, including SUVs.
"With Civic, which will be launched next month, we will be completing our sedan lineup in India," HCIL President and CEO Gaku Nakanishi told reporters here.
Honda had discontinued the Civic sedan in India in 2013 after selling around 55,000 units since its launch in 2006.
Elaborating further on the company's future product strategy, HCIL Senior Vice President and Director (Sales and Marketing) Rajesh Goyal said with sedan lineup complete for the time being, the company may now focus at strengthening other body styles as well.
He however did not share any details about any specific product.
The company had last year said it is evaluating the Indian market to introduce more SUV models. Read More




Article Source -> Business Standard

Comments

Post a Comment

Popular posts from this blog

Invest in smallcase with sebi registered professionals

Image
  What Is Smallcase and How Does It Work? India’s investment landscape has changed dramatically in recent years, with the introduction of digital platforms and the rise of mutual funds as popular investment vehicles. Smallcase is a new investment platform in India that offers a unique way of investing in the stock market through theme-based portfolios. A Smallcase is a basket of stocks designed around a particular theme or sector managed by SEBI-approved fund managers. This innovative investment approach brings an element of diversification to investing in the stock market. With low minimum investment amounts and well-rounded theme-based asset classes, Smallcases are an affordable investment option that won’t break the bank account. Smallcases provide the services of a qualified RIA for the price of a mutual fund investment and offer the easy purchase of thematic investments. Instead of buying each company’s share one piece at a time, you can buy a theme or idea as a bundle, li
Read more

Teji Mandi Your Ultimate Share Market App for Informed Investing

In the world of finance, staying informed is the key to successful investing. Whether you're a seasoned trader or a novice in the share market, having the right tools at your disposal is essential. The Teji Mandi share market app emerges as a comprehensive solution to your share market needs. In this article, we will delve into how the Teji Mandi share market app empowers investors with the information, insights, and tools necessary for making informed investment decisions. Expert Stock Recommendations: For those who seek professional guidance, the Teji Mandi share market app provides expert stock recommendations. Seasoned analysts offer insights and recommendations, aiding you in making prudent investment decisions. This feature is valuable for investors who appreciate expert advice. User-Friendly Interface: The Teji Mandi share market app's user-friendly interface caters to investors of all levels of expertise. Navigating through the app, accessing your portfolio, and
Read more

Unleashing the Potential of Stocks: Crafting a Successful Stock Portfolio

Image
  Stocks have a reputation for being the ‘rockstars’ of the investment world. Many people have made fortunes from investing in the stock market, and it's no secret why. Historically, stocks have provided higher returns than other asset classes in the long term. However, with the potential for high returns comes higher risk. But, despite the risks, a well-managed stock portfolio can be a powerful tool for generating income and building long-term wealth. So, are you looking to build a stock portfolio? If yes, read this blog to understand all nuances of a portfolio and how you can build best stock portfolio for long term in India. What is a portfolio in the stock market? A stock portfolio is a collection of stocks or equities that represent ownership in a company and are traded on stock exchanges. Building a stock portfolio is a popular investment strategy, as stocks have a historical track record of providing higher returns than other asset classes over the long term. When c
Read more