Honda City sales zoom post price cut

     Honda City sales have bounced back after the price cut from the company. Honda owing to low sales had announced price cut upto Rs. 66,000 on its popular model City.

     Not only the City but also other models from Honda - Jazz, Civic, Accord and CR-V have also done well in June 2011. Overall Honda sold 3,455 units in June 2011 as compared to 2,334 units sold during May 2011 posting 48% growth.

Model wise sales of Honda cars in June 2011 is as follows

Jazz: 361
City: 2802
Civic: 175
Accord: 103
CR-V: 14

     Honda is planning to launch its small car Brio in India by October this year. With Brio, the company aims to enter into volume market in India. Expected to be priced between Rs. 5-6 lakh, Brio seams to be the blue eyed car for Honda in emerging markets like India.
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