Honda Mobilio latest news, price of honda Mobilio, Mobilio honda market price, features of honda Mobilio, price of diesel and petrol of honda Mobilio
Innova and Ertiga account for sales of around 5,000 units each on a monthly basis and Honda is looking to give a stiff competition to these models.
The Mobilio comes with 1,500cc petrol and diesel engine options. While the petrol engine model costs between Rs 6.5 lakh and Rs 8.76 lakh, the diesel engine variant comes for Rs 7.89 lakh to Rs 10.86 lakh.
The models, however, are priced at a premium to the Ertiga and analysts said it may not be easy for Honda to immediately have a go at the rival from Maruti Suzuki.
The Mobilio has been launched by Honda in Indonesia where it comes with safety features like ABS and air bags from the base model. Many of these are not offered as standard on some of the variants in India and company officials said this is due to “varying customer needs“ here and keeping in mind the “affordability“ factor.
Honda Motor Company managing officer Yoshiyuki Matsumoto said India is one of the company's key strategic markets and Mobilio will contribute significantly to its growth. “Mobilio has sold 46,000 units in Indonesia since its launch in January , capturing 23% market share in the segment. We expect the same success in India.“
Mobilio has been developed at Honda's R and D facility in Bangkok exclusively for the Asian markets with India and Indonesia among key targets. In India, the model will roll out from the company's Greater Noida plant, which has an annual capacity of 1.2 lakh units.