Japanese car maker Honda is eliminating its lead Accord car from India
emulating frail request and diminishing sale respectively. Moreover,
the company will rather concentrate on the higher volume more modest
models, as it needs to be a stronger player over the more extensive
Indian market.
"We have stopped production of the current eighth-generation of Accord in India," said Jnaneshwar Sen, senior vicepresident for marketing and sales at Honda Cars India. "It is our flagship brand and we would be looking at the next generation of the sedan for Indian customers, though the exact launch details have not been worked out yet."
Accord had long been initiating Honda's universally eminent building remainder in the Indian market. Anyway its bargains had been diminishing without a diesel choice and with clients moving inclination to extravagance German brands, for example, BMW and Mercedes Benz, which are accessible at comparative cost focuses in the country.
The new ninth-era Accord might hit the worldwide showcases and the Asean locale in promptly 2014. Consistent with business sector specialists, Honda might likewise be taking a gander at the diesel alternative to test prevalent displays like Nissan Teana, Volkswagen Passat and Skoda Superb.
Examiners following the part say volume carmakers like Honda and Toyota are now confronting hotness from extravagance fragment players. "Currently, all the luxury carmakers are betting big on the smaller car segment to bump up their sales and it is creating lot of heat in the D segment," an analyst said, "BMW and Mercedes Benz and other brands are downsizing into compact models that has dried demand for other bigger sedans from Honda on its strategy in India. "BMW and Mercedes Benz and other brands are downsizing into compact models that has dried demand for other bigger sedans from Honda, Toyota or Maruti Suzuki."
"We have stopped production of the current eighth-generation of Accord in India," said Jnaneshwar Sen, senior vicepresident for marketing and sales at Honda Cars India. "It is our flagship brand and we would be looking at the next generation of the sedan for Indian customers, though the exact launch details have not been worked out yet."
Accord had long been initiating Honda's universally eminent building remainder in the Indian market. Anyway its bargains had been diminishing without a diesel choice and with clients moving inclination to extravagance German brands, for example, BMW and Mercedes Benz, which are accessible at comparative cost focuses in the country.
The new ninth-era Accord might hit the worldwide showcases and the Asean locale in promptly 2014. Consistent with business sector specialists, Honda might likewise be taking a gander at the diesel alternative to test prevalent displays like Nissan Teana, Volkswagen Passat and Skoda Superb.
Examiners following the part say volume carmakers like Honda and Toyota are now confronting hotness from extravagance fragment players. "Currently, all the luxury carmakers are betting big on the smaller car segment to bump up their sales and it is creating lot of heat in the D segment," an analyst said, "BMW and Mercedes Benz and other brands are downsizing into compact models that has dried demand for other bigger sedans from Honda on its strategy in India. "BMW and Mercedes Benz and other brands are downsizing into compact models that has dried demand for other bigger sedans from Honda, Toyota or Maruti Suzuki."
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