Honda launched new JAZZ with Huge price cut.

Honda  launched arefreshed version of the Jazz along with a  major price cut. The refreshed Jazz is now upto 1.62  lakh cheaper than the outgoingmodel to win back customers. 

The base Jazz now will available  at Rs 5.50 lakhwhereas the earlier model was priced at Rs 7.12 lakh. The mid-level Selectversion is priced at Rs 5.75 lakh (Rs 7.24 lakh earlier) and the top-end Jazz Xis priced at Rs 6.06 lakh which was Rs 7.48 lakh for the outgoing model. Allprices ex-showroom, Delhi.  Now with this huge price cut Honda has already in tune with competing themodels of  Hyundai i 20, Nissan Micra,Volkswagen Polo, Maruti swift, Fiat Punto, Toyota liva and Skoda Fabia.  The updated Jazz features exterior upgradeslike re-styled bumpers and lights and a new paint shade while interiors getdual tone (beige and black) shade, a height adjustable driver seat, and powerretractable outside rear view mirrors for the top-end version. USB-interface isnow standard now on all variants. The Jazz Select and Jazz X gain a new featurefor the rear seats that now can be reclined as well.

Honda's price cut comes a day after Maruti Suzuki, the country's largest carmaker, launched a new version of its popular 'Swift' hatchback with starting price of Rs 4.22 lakh. Falling sales has forced some hard decisions on Honda. The carmaker reduced the price of its flagship 'City' by Rs 66,000 a few months ago after Volkswagen's Vento, Maruti's SX4 and the Hyundai's Verna pushed the top-seller to fourth position. Its cumulative sales dropped 26% to 12,526 cars in the April-July period.