Honda is Working on a $3,000 Car

It seems like every carmaker is trying to get a piece of the rapidly growing car market in India. Renault-Nissan, Toyota and other automakers have all announced plans to release "cheap" cars for that market. Well now Honda has announced that the automaker is also planning on releasing an ultra-cheap car by 2009.

Honda's chairman Satoshi Aoki has revealed that Honda is planning on launching a premium small car and an ultra-cheap minicar that will cost under $3,000 by 2009. Originally the Honda Fit and City models were being considered, but they both cost three-times as much as Honda's goal.

Aoki admits that it is going to be difficult to build a car for $3,000 that will retain typical "Honda Characteristics".


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ctsang - 7/2/2007 2:46:26 PM

+3 Boost

I will buy ten.

rand0m - 7/2/2007 3:08:57 PM

-3 Boost

wow i hate corporations capitalizing on developing nations. This will be an ENVIRONMENTAL DISASTER, you think 300 million americans with cars is bad try 1.3billion indians, not to mention the 1.2 billion chinese! our planet is royally f***ed. thanks, multinational corporations!

pchera01 - 7/2/2007 4:59:25 PM

+2 Boost

think about the trafic jams.
its alredy bad. If honda can make this chep cars then what will chines will bring to India

izfuney - 7/2/2007 5:06:37 PM

+3 Boost

Rather, think of the oppertunity... India will get new Highways, development, resources. Its urban makeup will focus on less gas consumption and push manufacturers to innovate with less expensive solutions.
Automobiles,consumption and the environment is not a a zero sum game as the Gore Scare a Logic would like you to believe.
Humanity resolves problems when it percieves them . Same with the environment.

Will_ - 7/3/2007 7:55:13 AM

0 Boost

Owning any car used to be somewhat of a status symbol, look where we are today!