NEW DELHI: Honda's Indian car unit has cut prices of its premium Jazz by up to Rs 1.62 lakh in a move to win back customers. The hatchback will now be available for a starting price of Rs 5.50 lakh, taking on competition from Hyundai's i20, Nissan's Micra and Volkswagen's Polo, Maruti's Swift, Fiat's Punto, Toyota's Liva and Skoda's Fabia. "The new Jazz, with an attractive pricing, will surely appeal to customers. With better sourcing and economies of scale for Jazz from higher production, we would be able to garner larger chunk of sales in the premium hatchback segment," Honda Siel Cars India director (marketing) Seki Inaba said.Vcommindia News
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