Just a few minutes back, Honda Siel Cars India, subsidiary of Honda Motors, announced that they have drastically slashed the prices of their top selling sedan, City in India. HSCI have slashed City prices by as much as Rs 66,000. The new pricing is effective from today itself. It was quiet evident that Honda was losing market share due to the rising petrol prices. Due to unavailability of a diesel... 

Honda City was the leader in the mid-sized car segment for the past 13 years in the Indian auto industry. Finally it has been replaced from its top spot by Volkswagen Vento. In the March-April 2011 period, Vento registered 6,839 sales while City registered 4,315 units. Now the interesting part here is that how did a 8 month old car manage to beat the leader in the segment. The answer is very simple.... 

Honda has revealed that the small car to be launched in 2011 is set to be fitted with 80% components made in India. The small car rides high as of now as Honda intend to sell a large number of these vehicles, equivalent to the sales figure of their ever popular City. The company will be ready to meet such high demands after launch. The concept has already been made public at the Auto expo 2010. Replete...