Honda to Develop New Minicar for India

Honda’s Indian arm, “Honda Siel Cars India Ltd” has revealed its plans to develop an all-new mini car in order to grasp a larger chuck of India’s booming small car segment which accounts for about 80 percent of the total market. “We plan to enter the small car market with a vehicle that will be manufactured at our new unit coming up in Rajasthan in two years time,” Honda Siel Cars India’s President and CEO, Masahiro Takedagawa told reporters earlier this week.

Via: TheHindu

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