Honda Jazz CVT automatic variant accounts for 40% of total bookings
Honda dealers opened booking of the new Honda Jazz on the 15th June 2015, three weeks ahead of official launch in the country. Though the company is yet to reveal official booking numbers, it has been revealed by company insider that the Honda Jazz CVT variant has gotten surprisingly more bookings than what was expected by the company.
As per the person familiar with the numbers, Honda Jazz CVT accounts for 40% of the total bookings done till date. This means, of the three variants on offer, Jazz CVT is the most in demand, followed by Jazz diesel with 35% bookings, and finally Jazz petrol manual with 25% of the total bookings.
It is believed that Honda India was expected Jazz diesel to be the most in demand, but seeing these stats, Honda will now need to boost production of Jazz petrol automatic variant.
Honda Jazz automatic variant receives Continuous Variable Transmission with a 1.2 liter i-VTEC engine, which is the same engine but with torque converter gearbox as seen on Honda Brio and Amaze. This engine has advantage of higher fuel efficiency which ARAI claims at 19 kmpl while its disadvantage is its cost which is higher than a four speed automatic unit.
Honda Jazz is offered in two engine variants. The petrol variants are priced from INR 5.3 lakhs to INR 7.29 lakhs while the diesel variants have prices varying from INR 6.49 lakhs to INR 8.59 lakhs. (all prices ex-showroom, New Delhi)
The new Jazz which is pegged at playing a major role in boosting Honda India’s market share. To keep up with the rise in demand, Honda has invested INR 380 crores for expansion of production operations at their Tapukara plant in Rajasthan. From existing capacity to produce 1.20 lakh units per annum, it will be increased to 1.80 lakh units by next year.
Honda Jazz receives 7 color options of Sunset Orange, Carnelian Red Pearl, Urban Titanium Metallic, Alabaster Silver Metallic, Tafetta White, Golden Brown Metallic, and White Orchid Pearl. The new Jazz, which has seen immense success in global markets is expected to see the same success in India where it will compete with Hyundai Elite i20, Volkswagen Polo and top-end Maruti Swift.