The Telegraph
Wednesday , February 13 , 2013
Since 1st March, 1999
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Honda ups CR-V appeal

New Delhi, Feb. 12: Honda Cars India has started assembling its sports utility vehicle CR-V locally, bringing down its price by 11 per cent.

“The new CR-V is being assembled at the company’s Greater Noida facility and we are passing on the duty benefit on the new model to the customers,” said Hironori Kanayama, CEO and president of Honda Cars India Ltd.

Honda has sold 13,739 CR-Vs over the last decade, bringing them to the country as completely-built units that attracted a high customs duty. Local assembly will relieve the company of the customs duty, which it said it would pass on to the consumer.

The base variant of the new CR-V — the 2-litre manual transmission — is priced at Rs 19.95 lakh (ex-showroom, Delhi) against Rs 22.65 lakh previously.

The 2.4-litre fully automatic is available for Rs 22.4 lakh compared with Rs 24.9 lakh earlier. Two other versions in the new CR-V are the 2-litre automatic, priced at Rs 20.85 lakh, and the 2.4-litre automatic with audio-video navigation, priced at Rs 23.85 lakh.

Localisation has helped Honda bring down prices of its flagship City sedan and the Jazz hatchback.

Kanayama said Honda did not plan to bring the 2.2-litre diesel engine version of the CR-V, which is available in Europe, and would offer only the petrol variant in India. At present, the SUV segment in India has 95 per cent diesel-run vehicles.

Meanwhile, Honda is all set to drive in its first diesel-powered entry-level sedan Amaze in the next couple of months.