Expect to see the very high-tech Civic Hybrid in India next month!
Honda, which today launched the 8th generation Accord in India, is all set to review – and perhaps revise – its sales target (90,000 units in FY 2008-09) for the country. This, according to Masahiro Takedagawa, CEO – Honda Siel, is because current market conditions in India are a bit unpredictable.
Speaking about Honda Siel’s new manufacturing facility in Rajasthan, Takedagawa said that it would be ready to make some engine components by September this year, and will start making cars by the end of 2009. The plant, which is being set up at an investment of US$230 million, will be extremely important for fueling Honda’s expansion plans for India.
On the new cars front, Honda will start importing – in very limited numbers, we suppose – the Civic Hybrid by the middle of next month. And by the end of 2009, the company will also be ready to launch its first small car in India.
