Honda Siel Cars, India on Tuesday said it would be investing Rs 700 crore (Rs 7 billion) in the Indian market over the next five years.
Honda Siel Cars India President and CEO Masahiro Takedagawa, in an interview with Business Standard, shares the company's India strategy, including the launch of hybrid technology (a first on Indian roads), small cars and outlook on diesel technology, an area where the company is losing ground to other auto majors. The company launched its 8th generation Accord today in Mumbai.
Honda Siel Cars India on Tuesday launched a new CR-V, its premium SUV model, which will be costlier by at least Rs 250,000 than the existing one
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