small car Jazz to be priced higher than competitors

Honda Siel's to-be-launched compact car is learnt to be the expensive than its counterparts in India. The premium hatchback is scheduled to roll out on June 10. As per the information received from the insiders, the company is to price it around Rs 6.5-6.8 lakh. Sources said that foreign exchange fluctuations have forced the carmaker to price it much above competing models such as Skoda Fabia and Hyundai i20. Honda claims it will offer better fuel efficiency compared with other hatchback compacts available in India.  Honda has already started production of the Jazz on May 28 at its Greater Noida plant. The Jazz will be fitted with a 1.2 litre petrol engine that will crank out 90PS power compared with the City’s 1.5 litre engine that offers 120 PS power.

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