Honda’s Civic Hybrid cheaper by Rs 8 lakh

Honda has slashed the price of its Civic Hybrid cars in India by an unprecedented Rs 8 lakh, as it looks to boost sales of the environmentally-friendly sedan in an unfriendly economic environment.

After the price cut— the sharpest in Indian automobile history and introduced with immediate effect—the hybrid Civic will cost Rs 13.36 lakh compared to its launch price of Rs 21.5 lakh. This is also the first time in its decade-long presence in India that Honda, which is absorbing the full impact of the price cut, is resorting to a formal price cut to sell its cars. More
Courtesy: economictimes.indiatimes.com

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