The model, which will compete with the likes of Hyundai Verna, Maruti Suzuki Ciaz and Skoda Rapid, now features smart devices ecosystem including Alexa remote capability and 32 connected features as standard feature across all variants with a five-year free subscription.
Honda cars has strengthend market share in India in the past five years.
The company's largest selling sedan 'City' will be cheaper by Rs 19,000-Rs 21,000, while 'Civic' will cost Rs 29,000-Rs 31,000 less, an HSCI statement said. Top-end sedan 'Accord' will be cheaper between Rs 27,000 and Rs 28,000, it added.
Right now, the 'Lower D' or LD segment -- which the industry defines as a sedan that costs between Rs 1.5 million and Rs 2 million, is longer than 4.5 metres, and powered by an engine of 1.8 litre or larger -- has barely three cars, all of which have been around for over a decade in India. Nevertheless, at least one foreign auto player is looking to bet big on the segment.
Market leaders saw good traction for new cars, including the electric ones.
The 17-lender consortium led by State Bank of India has also put the Flying Models, Funliner, Fly Kingfisher and Flying Bird Device on the block.
Prospective bidders had earlier termed the reserve price as too high, while multiple legal woes of Mallya-led UB Group are also being cited by many as reasons for lack of interest in buying this property
The Virtus is indeed designed to look, act and behave like a well-built European sedan that swims in the segment between the compact sedan VW Vento and the larger Passat, says Pavan Lall.
India is a market for low-priced cars with low running costs. The global majors don't have models that fit the bill; only Maruti and Hyundai have successful entry-level models, observes T N Ninan.
Over seven lakh vehicles have been recalled by various manufacturers in India since 2012.
Over seven lakh vehicles have been recalled by various manufacturers in India since 2012.
High-end mid-sized sedans, comfy SUVs and entry-level luxury models steal their show.
Honda Siel Cars India is planning to source steel from India for its local operations and is in talks with Tata Steel. A Tata Steel spokesperson confirmed that the companies were in discussions. Currently, Honda sources steel plates from Thailand for its Greater Noida facility. Honda models, like the City and Civic, have 74 per cent localisation, while the newly launched hatchback, Jazz, has 77 per cent local content.
Cumulative sales of India's top passenger vehicle makers -- Maruti Suzuki, Mahindra and Mahindra, Tata Motors, Honda Cars, and Toyota Kirloskar -- increased to 206,418 units in February over 200,322 units in the same month last year, an increase of 3 per cent.
The discount offer comes on the back of Japanese giant Honda Siel Cars offering a substantial discount of Rs 800,000 on the Civic Hybrid. HSCI sold 235 Civic Hybrids, which carried a priced tag of Rs 14 lakhs (Rs 1.4 million) after the discount, in 10 days. The offer by Ford will run on the full range of variants of the car for a limited period of 10 days starting Wednesday.
The Ayanagar weather station recorded 122.8 mm between 8.30 am on Wednesday and 8.30 am on Thursday, which was 11 times the normal rainfall.
Japanese auto major Nissan is recalling around 12,000 units of various models.
The sedan segment is back once again with updates and new arrivals. Just like the Indian hatchback segment the competition is heating up in the sedan segment as well.
'As a member of Congress, it was important to meet with Prime Minister Modi. Promoting the India-US relationship is a priority. It is important to have a constructive dialogue with the biggest democracy in the world,' US Congressman Mike Honda tells Ritu Jha/Rediff.com
Among Indian cars Vizag-based Stephen Panchigalla clocked 13.366s in his Skoda Octavia in the same J Class, which was run jointly for both Foreign and Indian cars, to ended up as the 'Fastest Indian Car.' Of the day.
With prices of oil forecast to touch $200 per barrel this year, auto makers in the country have launched a slew of options that are not just fuel efficient but also easy to maintain. Battling the rising fuel bill is premium car maker Honda Siel, who will launch the country's first hybrid car - the Civic hybrid shortly.
Honda Siel Car will launch a new variant of the hugely successful sedan
Various manufacturers, including Nissan and Honda have also been impacted due to faulty airbags supplied by Takata.
The multi-seater vehicle currently runs on BSIII engines.
Unlike previous Paris auto shows, where new diesel models took centerstage, much of the buzz this year centred around hybrids and electric vehicles.
Auto manufacturers have been recalling vehicles on safety issues.
The trend is expected to gain momentum as global vehicle makers in India, particularly from Japan, ride on hybrids to meet the more stringent fuel efficiency norms that take effect in 2022.
Toyota had announced a global recall of 65 lakh vehicles to rectify a power window glitch, which could lead to fire risk.
Banks put the airline's trademarks including Kingfisher logo and the once-famous tag-line 'Fly the Good Times' on the block
Raja Sen lists his favourite moments.
The industry players couldn't hide their disappointment.
Meet the richest and poorest candidates contesting the election to the richest civic body in the country.
We have brought about a slew of reforms that would help improve governance and also facilitate industrial growth, Rajasthan Chief Minister Vasundhara Raje tells Sahil Makkar.
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