Honda Siel Cars, India the leading manufacturer of premium cars in India has announced today the slash in the prices of Honda cars of (Honda) “city” models. The reduction in the price ranges from Rs. 44,000 to Rs. 66,000.
The price reduction has been done with a vision of creating quality products of Honda keeping the customers joy at a reduced price. Honda has come up with this new trends of maximizing the joy of customers, with speed, affordability and low CO2 emission.
Jnaneswar Sen the Senior Vice President of Sales & Marketing, Honda Siel Cars India, said, “Our R”D function in India (HRAP-I) started working on localization and cost down activities for our volume models from year 2009. In anticipation of bigger volumes resulting in economies of scale from the second half of current year, we have achieved considerable cost reduction and are happy to pass on the benefit to the customers with immediate effect. The Honda City would now start from Rs 7.49 lakhs (ex showroom Delhi).”
The variant-wise ex-showroom, Delhi price of City are Rs 7,49,000 for EMT version from the earlier price of Rs 8,15,000, the top end VAT exclusive which was Rs 10,33,100 is now Rs 9,89,100. Even the prices for its SMT, VMT, VMT Exclusive and VAT are reduced by Rs 44,000 to Rs 45,000 range.