Honda small car in two years
2008-05-20
Honda Motors Siel Cars India Ltd is looking forward to introduce a small car with in two years to India its upcoming Rajasthan unit. The price of the small car is yet to be decided. Currently the Honda manufactures premium segment vehicles, which is 20 per cent of the total Indian car market.
The company's upcoming facility in Rajasthan is spread over 600-acres of land and will manufacture 60,000 units initially which will be later expanded to over 2-lakh units. The small car from Honda is definitely going to be a competitor for Nano. Tata Nano is expected to hit the Indian roads by end of this year.
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