Live
- Senior Leaders Declare Support for TDP Candidate Somireddy in Sarvepalli Constituency
- ‘Tillu Square’ in OTT: blockbuster crime comedy to make digital debut on this date
- TDP MP Candidate Keshineni Sivanath Accuses YSRCP Regime of Targeting Christians' Properties
- YSRCP Leaders Campaign for Mekapati Raja Gopal Reddy in Vinjamuru Mandal"
- Kanna Lakshminarayana Campaign in Sattenapally Constituency: Promises of Development and Change
- Residents of Nallacheruvu Mandal Welcome Kandikunta Venkataprasad During Election Campaign
- YSRCP MLA Candidate TN Deepika Promises Continued Development and Welfare for Hindupuram Constituency
- Huge crowds gather for Palle Sindhura meeting
- Bengaluru overtakes Delhi as the number 1 city
- Rajasthan registers 22.51 pc voting in 12 LS seats
Will BR-V bring double digit growth for Honda Cars in India?
The 7-seat crossover derives its powertrain lineup from the Mobilio.Honda Cars India is just a few days away from launching its potential game changer, the BR-V (Bold Runabout Vehicle) crossover. The Mobilio-based model is touted to put an end to the Hyundai Creta‘s free-run with its advantage of two additional seats.
The 7-seat crossover derives its powertrain lineup from the Mobilio.Honda Cars India is just a few days away from launching its potential game changer, the BR-V (Bold Runabout Vehicle) crossover. The Mobilio-based model is touted to put an end to the Hyundai Creta‘s free-run with its advantage of two additional seats.
Talking to Economic Times, Jnaneshwar Sen, Senior Vice-President (marketing and sales), Honda Cars India, stated that the company is expecting a double digit growth this year but admitted that achieving its original annual sales target of 3 lakh units (by 2016-17) would be a challenge.
The Japanese automaker ended the last fiscal with a sales volume of 1.92 lakh units which is merely 2% more than what it managed in the previous year. Mr. Sen said that rising prices due to various cesses and lack of clarity on the diesel front have made the market conditions very challenging.
Only the City sedan has been churning out consistent volumes every month. The Mobilio which started off strongly slowly lost its steam as the segment got taken over by crossover SUVs. The Amaze has just received the much needed facelift.
The Honda BR-V with its crossover-like styling and heavy localization would be the automaker’s weapon of choice to post a decent growth in this fiscal. We expect the pricing to be aggressive.
This article has first appeared in Rushlane.com
