Honda Siel Cars India has announced a price cut of its popular sedan City sedan in India. Now Honda City will start from as low as Rs. 7.49 lakh (ex-showroom, New Delhi).
The City dominated the C segment in India for over a decade. The rising petrol price and pressure from rivals such as Vento, Verna and SX4 diesel has made Honda to cut the prices of City to stay in the competition. The absence of diesel option is an added disadvantage to Honda as its rivals are currently doing good with diesel options which cost lesser than the City.
However, the company says the price cut is due to reduction in the production cost due to localization. The price cut is effective from June 14th 2011.
The new prices of Honda City in Delhi is as follows:
The City dominated the C segment in India for over a decade. The rising petrol price and pressure from rivals such as Vento, Verna and SX4 diesel has made Honda to cut the prices of City to stay in the competition. The absence of diesel option is an added disadvantage to Honda as its rivals are currently doing good with diesel options which cost lesser than the City.
However, the company says the price cut is due to reduction in the production cost due to localization. The price cut is effective from June 14th 2011.
The new prices of Honda City in Delhi is as follows:
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