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Honda launches Mobilio MPV starting at Rs 6.49 lakh
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  • Honda launches Mobilio MPV starting at Rs 6.49 lakh

Honda launches Mobilio MPV starting at Rs 6.49 lakh

FP Archives • July 23, 2014, 13:49:58 IST
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Honda Motor Company Managing Officer Yoshiyuki Matsumoto said India remains one of the company’s key strategic markets and Mobilio will contribute significantly to HCIL’s growth in India.

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Honda launches Mobilio MPV starting at Rs 6.49 lakh

New Delhi: Japanese auto major Honda todaylaunched the Mobilio, its first multi-purpose vehicle inIndia, priced between Rs 6.49 lakh and Rs 10.86 lakh(ex-showroom Delhi) to take on the likes of Maruti Suzuki’sErtiga.

Petrol variants of the seven seater Mobilio would retailbetween Rs 6.49 lakh and Rs 8.76 lakh while diesel versions
would be available between Rs 7.89 lakh and Rs 10.86 lakh(ex-showroom Delhi).

“The launch of Honda Mobilio follows the success of HondaAmaze and the all new City which led our exceptional growth of83 per cent in the previous financial year,” Honda Cars IndiaPresident & CEO Hironori Kanayama told reporters here.

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Honda Motor Company Managing Officer Yoshiyuki Matsumotosaid India remains one of the company’s key strategic marketsand Mobilio will contribute significantly to HCIL’s growth inIndia.

Mobilio has been developed at Honda’s R&D facility inBangkok exclusively for the Asian markets with India and
Indonesia among key targets.In India, the vehicle would roll out from the company’sGreater Noida plant.

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Ertiga is priced between Rs 5.8 lakh and Rs 8.49 lakh(ex-showroom Delhi). The petrol variants retail between Rs 5.8lakh and Rs 7.3 lakh while the diesel versions are pricedbetween Rs 7.22 lakh and Rs 8.49 lakh.

During the fiscal 2013-14, Honda Cars India reported 83per cent increase in sales at 1,34,339 units as against 73,483units during the previous year.

At the Auto Expo held in February, Honda Motor JapanPresident and CEO Takanobu Ito had announced a sales target ofreaching 3,00,000 units annually by FY'17 in India as part ofits aim to sell 60 lakh vehicles globally in the same period.

He had said that in order to achieve the target, thecompany would introduce new products and technologies that fitthe needs of Indian customers.

HCIL had earlier this year launched an all-new version ofits mid-sized sedan City. The company’s other models includecompact sedan Amaze and hatchback Brio. The Honda Amaze,introduced in April last year, was the company’s first dieseloffering in India.

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The company said it would increase output from its plantat Tapukara in Rajasthan by starting a second production shiftin seven to eight months to help meet its target of an almost50 per cent jump in sales to 2 lakh units in 2014-15.

HCIL’s other facility at Greater Noida in Uttar Pradeshcan produce 1.2 lakh cars every year.

PTI

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End of Article
Written by FP Archives

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