Jump to content

Honda Fit/Jazz...FINALLY!


Recommended Posts

wandered over to VTEC.net, grabbed this article...

HONDA TO DEBUT 1.3-LITER-CLASS SUBCOMPACT IN U.S. THIS YEAR

 

TOKYO (Nikkei)--Honda Motor Co. (7267) will start selling a 1.3-liter-class subcompact in the U.S. as early as this year to fend off its South Korean rivals, The Nihon Keizai Shimbun has learned. The model will be based on the Fit, which is highly popular in Japan, and the automaker expects annual sales of 50,000. Priced at around 10,000 dollars for the lowest-end model, it will be cheaper than the company's Civic, which is priced between 13,000 dollars and 20,000 dollars for models with 1,300-2,000cc engines. Honda at this point is considering exporting the vehicles from Japan, but may produce them in Brazil instead if the dollar continues to trade below 110 yen and makes exports from Japan less profitable or even loss making. Honda sold 1.35 million new cars in the U.S. last year, a gain of 8% on the year and a record. But the strong performance owed to solid sales of the Pilot sport utility vehicle and other nonpassenger cars. Honda and other Japanese automakers have long dominated the subcompact field, but are now facing stiff competition from Hyundai Motor Co. of South Korea. The South Korean automaker's market share in the U.S. grew from 1.8% in 1998 to 5.7% in 2003. (The Nihon Keizai Shimbun Thursday morning edition)

 

m8.jpg

*sigh* Saw the car 2 years ago and ever since then been waiting for the day for Honda to ship 'em over. It's a good replacement for the spot the Civic left generations ago and it's a perfect match-up for Toyota's Scion line. BRING IT!!! Can you imagine the possibilites!? K20s have been known to fit in the sucker.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

×
×
  • Create New...

Important Information

Terms of Use | Privacy Policy | Guidelines
We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.