To maximise the use of new platforms developed for compact cars, international car manufacturers such as Toyota, Honda, SkodaAuto and Nissan are working on affordable sedans that can be positioned in the volume segment.
All the above-mentioned companies are developing compact cars, which will be launched over the next 12-18 months. These cars are being developed from scratch, entailing huge investments.
Image: Tata ManzaText: Business Standard
Images courtesy: tatamotors.com / mahindrarenault.com / marutisx4.com / fiatlinea.com / hyundaiverna.co.in / india.ford.com / marutisuzuki.com / AP
Also See: Nissan launches two-seater 370Z in India |
Honda Jazz turns cheaper by up to Rs 40k