Friday, September 12, 2008

Honda to launch small car in 2009

Honda will bring out small car next year. The car will be manufactured at its factory in Rajasthan. The company has already invested Rs 1,000 crore at the production center. Japanese car Manufacturer Company sees a huge potential in Indian market for its cars. According to Honda source the new car would primarily be meant for the domestic market.

Jnaneswar Sen, VP (Marketing) Honda Siel Cars India, commenting on the company's decision said that the company will bring a premium hatchback (an automobile having a sloping back with a hinged rear door that opens upward) by the last quarter of next year. The small car named Jazz would face tough competition from other small cars, which are plenty in India.

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