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Honda Jazz to cost 7 lakh

Posted on 04 May 20092,619 Views Comments

The buzz about Honda Jazz is doing the rounds for quite sometime and Zigwheels has been giving you an exclusive coverage of the same-from preview, to eye popping slideshow to the launch date to competition check. However, when it comes to any automobile, pricing is also one of the major factor. The car which is launching on June 10, will have a price tag of Rs 7 lakh (ex-showroom Delhi). This makes the Jazz the most expensive car to be produced in India, leaving behind Hyundai i20 and Skoda Fabia. Skoda's Fabia is the most-expensive compact car at present, with a price tag of Rs 4.9 lakh on the petrol version and Rs 5.8 lakh on diesel. The company manages to sell only a few hundred units monthly. The Fabia is closely followed in pricing by the Hyundai i20.

The Jazz, to be competed against Skoda Fabia, Tata Indigo, Ford Fussion, Maruti D'Zire and the soon to be launched Ritz, would come with a 1.2-liter engine made specifically for the Indian market to deliver high fuel efficiency.

The Honda Jazz is said to be more spacious than other premium hatchbacks, and has safety features like ABS, Honda's G-CON technology, and airbags.

The Jazz will be Honda's first product in the big-volume compact car segment, and is expected to witness modest sales, considering the price-sensitive nature of Indian market. Honda, however, seems to have factored this in, considering the statement of its president Masahiro Takedagawa, who said earlier, "Jazz will trail the City sedan in sales volumes."

The Jazz would share the platform and many components with Honda City, making it easier for Honda to source the inputs in bulk at competitive prices and keep localisation at over 70 per cent to start with. The City sedan costs Rs 7.8-9 lakh (ex-showroom Delhi) and sells around 4500-5000 cars in a month.

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