Sunday, November 11, 2007

Redesigned Honda Fit receives 20,000 orders in 2 weeks

From the looks of what we've read and seen of the new redesigned Honda Fit. It looks like a vast improvement on the previous model. And the buying public has spoken. 20,000 orders for the new car over a period of 2 weeks. The Fit is a very impressive car for its size. And can be customized to quite a quick little ride. I for one look forward to seeing more about this car in the future. We should see the revised Fit sometime in 2008.

TOKYO, Nov 9 (Reuters) - Honda Motor Co said on Friday it had received about 20,000 orders for its remodelled Fit subcompact in the two weeks since its launch in Japan last month, far outpacing a monthly sales target of 12,000 cars.

Honda, Japan's second-biggest automaker, is counting on the second-generation Fit, sold as the Jazz in some markets, to reverse a slide in domestic sales, where popular 660cc minivehicles have eaten into the subcompact segment.

The car, which is roomier and more fuel-efficient than its predecessor, is set to overtake Toyota Motor Corp's Corolla sedan as Japan's best-selling car, excluding minicars. It last claimed the No. 1 spot in September 2006.

Hit by a slump in the overall market, Honda last month lowered its domestic retail sales forecast by 4 percent to 660,000 cars for the business year to the end of March 2008. It expects a rebound to around 700,000 cars next year, with help from the Fit and a beefed-up minivehicle line-up.

Honda is due to launch the new Fit/Jazz in North America, Europe, China and other markets over the next year.

Source: Reuters,