With the growing competition in the Indian car market, the 1.2 litre car market now has a neck tight competition. Most of the manufacturers have a model in this range, but with hardly any price variation.
The current 1.2 litre engine car market has the Chevrolet U-VA, Skoda Fabia(Petrol), Hyundai i10 and the i20, Indica Xeta and the old Fiat Palio (available in the second hand car market). Â With the Maruti Ritz being aggressively priced, the market for this segment as become even tighter. The competition is now cut throat as all the cars are value for their money.Â
The Skoda Fabia is the most expensive hatch of the lot. Honda with its Jazz plans for India, will be take away the title from the Fabia of the most expensive 1.2 litre hatchback. The Jazz could bear the Rs 7 lakh tag, even after localizing 70% of its parts. With the Indian thinking of going for a bigger car at the same price, Honda could have a hard time with its Jazz, as the Renault Logan, Maruti Suzuki Swift DZire, Tata Indigo and a few more saloons like the Hyundai Accent are available at a price equal to or less than the Jazz, which could be a reason for lesser sales of the Jazz.Â
On the other hand, Honda brand sells in India. People in India can buy Honda even when blindfolded. So Honda could add another spark to this on going battle between the 1.2-litre engine powered cars. We believe that the Jazz could be affected by its price tag.