Our sales this year should be more than last year," Nakanishi said. The diesel options are powered by 1.The petrol versions come with 1. We don't 4 wheel smart electric mini car manufacturer want to degrow this year.5 litre engine and are also available in both manual and automatic transmissions."Of course we would love government incentives for such vehicles," he said when asked if the company was looking for government support for such new technology vehicles.In 2017-18, the company sold 1,70,026 units as against 1,57,313 units in the previous fiscal, up 8 per cent.Honda would like to bring more hybrid models to the country, he added.In the second half of this fiscal, the company will drive in the new CR-V and Civic sedan, he added.99 lakh while the diesel variants are tagged between Rs 6.99 lakh (ex-showroom).2 litre engine mated to manual and automatic transmissions.

We expect new Amaze to replicate the success of our Honda City in the country," he added. The company has, however, slipped out of the top three passenger vehicle manufacturers in India.Bullish on the Indian market, he said the passenger vehicles market is growing rapidly and would cross even 5 million units annually going forward..Nakanishi said HCIL currently contributed 23 per cent to the overall sales in Honda's Asia Pacific region and with the launch of new models the share is expected to further go up."This is a big move from Honda."We are studying all the possibilities and we would like to fulfil whatever the customer demands," he added. In the next three years we will bring another three new models in India," Honda Cars India Ltd (HCIL) President and CEO Gaku Nakanishi told PTI in an interview here.59 lakh and Rs 7."We want to expand Honda's base here. Commenting on Amaze's launch, Nakanishi said the second generation of the compact sedan is built on an all new platform.

Till the time electric vehicles technology matures and becomes affordable, Nakanishi said the hybrid vehicles would be the bridge in the transition from internal combustion engines to electric vehicles."Starting with new Amaze we will be launching three new products this fiscal.New Delhi: Honda Cars India will launch six new products over the next three years as part of its strategy to claw back to a dominant position in the passenger vehicles segment, a top company official said today. Nakanishi said the main challenges for electric vehicles right now is the lack of charging infrastructure, range anxiety due to battery technology and affordability of such vehicles.

The petrol variants of the new Amaze are priced between Rs 5.The company, which on Wednesday launched the all new version of its compact sedan Amaze, priced between Rs 5.6 lakh and Rs 9 lakh, also said it is in the process of formulating a strategy for electric vehicles specifically for the domestic market. When asked about the other three models, Nakanishi did not disclose details but said these could fill new segments, including the popular compact SUV vertical.69 lakh and Rs 8.He, however, did not disclose any timelines.When asked about company's plans for electric vehicles, he said: "Currently we are preparing a strategy for India".

“It’s the best solution for our region,” said Celso Simomura, Vice President for Toyota’s Brazil operation. Recently, Brazil’s legislature issued a series of tax incentives, dubbed Rota 2030, which offer significant benefits to car makers who choose to invest in ethanol research.“It’s very important that the government supports investments in research and development involving ethanol,” Santana said.GM will start importing electric vehicles this year to test the market, he added, but there are no plans yet to build them domestically.Even as automakers revamp their global businesses to focus on electric cars in Europe, North America and Asia, executives who oversee production in Brazil and Argentina are still prioritizing internal combustion engines - in part because of subsidies for locally plentiful fuels.

But he also said there were no plans to produce them locally.”The desire to stick to what they know underscores the political sway of local energy producers.“In 2030,” he predicted, “the combustion engine will still have a place.“In Latin America, we need to consider all the caveats,” Di Si said, pointing to the lack of a legal framework for electric vehicles and not enough charging infrastructure.Volkswagen AG’s top executive for South America and the Caribbean, Pablo Di Si, said the German automaker was going to import six electric or hybrid models to Brazil by 2023.Meeting in Brazil this week, auto executives from Toyota to GM talked up traditional fuel sources like ethanol, natural gas and diesel, underlining how South America’s protected auto market is likely to resist a broader global move toward electric vehicles for years to come.Fiat’s Rattazzi was confident that the old ways would survive in South America in the medium term.

General Motors Co earlier this month announced an investment of 10 billion reais (. Volkswagen wants to sell 1 million electric 2 seater electric vehicle vehicles globally by 2025. He added that diesel fuel, out of favor in much of the world, also still has potential in Argentina.Argentina’s natural gas production is expected to increase dramatically as foreign oil companies and state-owned YPF pour investment into Vaca Muerta, one of the world’s largest shale gas reserves.”.The event took place in Sao Bernardo do Campo, the historic home of Brazil’s auto industry, which is still reeling from the shock earlier this year that Ford Motor Co would be shutting its plant in the city.

Aurelio Santana, executive director of Brazil’s auto trade group, had similar things to say about ethanol, which powers many of Brazil’s cars.DIPPING TOES INToyota Motor Corp is so far the only automaker to announce that it plans to make even a hybrid model in South America, featuring an engine that can run on electricity or either pure ethanol or gasoline. “We need to maintain what we already have here.“The future of Argentina’s energy is natural gas,” said Cristiano Rattazzi, who heads the country’s unit of Fiat Chrysler Automobiles, as well as its automakers trade group.