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Honda Cars India betting on BR-V to bring double digit growth this fiscal

 
Honda BR-V 2016 Auto Expo

The 7-seat crossover derives its powertrain lineup from the Mobilio.

Honda Cars India is just a few days away from launching its potential game changer, the BR-V (Bold Runabout Vehicle) crossover. The Mobilio-based model is touted to put an end to the Hyundai Creta‘s free-run with its advantage of two additional seats.

Talking to Economic Times, Jnaneshwar Sen, Senior Vice-President (marketing and sales), Honda Cars India, stated that the company is expecting a double digit growth this year but admitted that achieving its original annual sales target of 3 lakh units (by 2016-17) would be a challenge.

Honda BR-V 2016 Auto Expo

The BR-V will be pitted against the Hyundai Creta, Renault Duster and Nisan Terrano.

The Japanese automaker ended the last fiscal with a sales volume of 1.92 lakh units which is merely 2% more than what it managed in the previous year. Mr. Sen said that rising prices due to various cesses and lack of clarity on the diesel front have made the market conditions very challenging.

Only the City sedan has been churning out consistent volumes every month. The Mobilio which started off strongly slowly lost its steam as the segment got taken over by crossover SUVs. The Amaze has just received the much needed facelift.

Honda BR-V Modulo at 2016 Bangkok Motor Show

The dashboard design is inspired by the City (Image: Thai-spec BR-V Modulo).

The Honda BR-V with its crossover-like styling and heavy localization would be the automaker’s weapon of choice to post a decent growth in this fiscal. We expect the pricing to be aggressive.

Photos

Via – Economictimes.Indiatimes.com

 

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Nithyanandh Karuppaswamy

Winner of national level automotive quiz competitions, Nithyanandh aka Nithz jumped into the blogosphere right after gaining a degree in Mechanical Engineering. Love for automobiles and an even greater drive to share his knowledge with the automotive community, Nithz is Deputy Editor at RushLane.

Email - nithyanandh@rushlane.com

  • Rajesh Mathew

    Foolish Honda India Management, the quality of interiors, dashboard of BRV is ditto copy of Amaze 2016, a 6 lakh car, whereas Hyundai Creta has set the standards with unique features for 12 lakh car with its quality exterior and interiors.
    BRV will get a initial rise in sales, then it will nose down.