Please Update your browser

Your browser is out of date, and may not be compatible with our website. A list of the most popular web browsers can be found below.
Just click on the icons to get to the download page.

Jakarta Post

Honda expects to control 40% of mini-sedan market

  • Linda Yulisman

    The Jakarta Post

Jakarta   /   Thu, May 24 2012   /  08:59 am

PT Honda Prospect Motor (HPM), a joint venture between Japan’s third-largest automobile maker, Honda Motor Co., and Indonesia’s Prospect Motor, unveiled on Wednesday the latest model of its Honda City, in a bid to tighten its grip in the country’s mini-sedan market.

HPM president director Tomoki Uchida said that his firm aimed to sell around 2,400 units of the new City, achieving an increased share of the mini-sedan market.

“We’ve already sold this model in Thailand and it’s very successful. So, why can’t we do it here?” he told reporters after the launch of the new model in Jakarta.

The new City features a 1,500 cc i-VTEC engine, which combines power and efficient fuel consumption, and is supported by a 5-speed automatic transmission, torque boost resonator, drive wire, and a paddle-shift feature — similar to Formula-1 racing cars — this would d...