Japanese carmaker Honda plans to discontinue production of its three models – the Jazz, WR-V and the fourth-generation City – in India by March next year, industry sources said.
The company, which has a presence in the country through its wholly-owned subsidiary Honda Cars India, will be left with just three models in its lineup – the City Hybrid, the fifth-generation City and the entry-level sedan Amaze – after the discontinuation of the three brands.
In December 2020, the company ceased production of the Civic and CR-V with the closure of the Greater Noida plant as it struggled to strengthen its position in the Indian market.
Sources say these three models are being phased out as the company prepares to launch SUV models.
When contacted on the issue, a Honda Cars India spokesperson said, “The company cannot comment on market speculation.”
Earlier this year, the automaker announced plans to launch the SUV in the country next year.
The company is currently in the process of developing the model, it was announced.
In December 2020, Honda announced the closure of manufacturing operations at its Greater Noida facility in Uttar Pradesh, thereby consolidating its manufacturing operations at its second plant in Tapukara, Rajasthan.
The Japanese car company said the move was made to reorganize its manufacturing operations to improve business efficiency. The company’s market share has been declining over the years as new players have consolidated their presence in the country.
(Only the headline and image for this report may have been edited by Business Standard staff; the rest of the content is generated automatically from the syndicated feed.)
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