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Honda to launch Nano rival in 2010 |
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By: Agencies |
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Date:
2008-10-17 |
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Place: Tokyo |
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| small is in: The Honda Fit subcompact is currently its smallest car | Tata's Nano may face stiff competition on its home turf as Japan's Honda plans to launch a four or five-seat car in early 2010 in the booming Indian market.
Honda Motor Co President Takeo Fukui said the Japanese car-maker plans to launch a very small car in Europe as well as emerging countries such as China and India in the early 2010.
"We are developing a small car that would be even smaller than the Fit subcompact," he said.
The engine displacement for the four or five-seat car would be less than 1 litre, against 1.3 litres for the smallest version of the Fit subcompact series.
Fukui said the very small car would be difficult to sell in Japan where mini-vehicles with the engine displacement of up to 660 cc have been available for tax incentives. |
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