Honda City price now starts at Rs7.49 lakhs

Honda Siel Cars India, leading manufacturer of premium cars in India, today announced the new price structure for its volume model Honda City.The prices, which have been revised after enforcing considerable cost reduction efforts in the supply chain & manufacturing, will be effective from June 14, 2011. This price revision is in line with Honda’s global vision of creating products that maximize the joy of customers, with speed, affordability and low CO2.

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Commenting on the new price structure, Mr. Jnaneswar Sen, Sr. Vice President – Sales & Marketing, Honda Siel Cars India, said, “Our R&D function in India (HRAP-I) started working on localization and cost down activities for our volume models  from year 2009. In anticipation of bigger volumes resulting in economies of scale from the second half of current year, we have achieved considerable cost reduction and are happy to pass on the benefit to the customers with immediate effect. The Honda City would now start from Rs 7.49 lakhs (ex showroom Delhi).”

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Here are the revised prices of various Honda City models, Honda City EMT price is Rs 8,15,000 while Honda City SMT price has been changed to Rs8,64,600. On the other hand Honda City VMT price has been set at Rs9,09,800 and Honda City VMT Exclusive price has been tagged at Rs9,60,900.  The Honda City VAT price has been revised to Rs 9,82,000 and lastly the Honda City VAT Exclusive price has been changed to Rs10,33,100. The price mentioned  here are ex-showroom Delhi price.

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