Honda Siel Cars India, a joint venture between Honda Motor Co. Ltd. (Japan) and Siel Ltd., plans to increase the localisation level of its small car Brio to more than 90 per cent from the existing 80 per cent, said company Senior Vice-President (Marketing & Sales), Jnaneswar Sen, here on Monday.
He was here to launch Brio.
He said Brio, being manufactured at the company's facility in Greater Noida, Uttar Pradesh, was designed specially for the Indian market. The company was expanding the dealer network to 143 in 91 cities by the end of the current financial year from the existing 135 in 83 cities.
The research and development wing of Honda in Japan was developing a diesel engine. “But it is too pre-mature to talk about the launch”, he said.
In Chennai, the four variants of Brio — E, S, S(O) and V — are priced at Rs.4.04 lakh, Rs.4.45 lakh, Rs.5 lakh and Rs.5.22 lakhs, respectively.