Next Honda Fit to use more imported components in order to be more competitively priced

Posted by godong car on Thursday, 6 January 2011

The new Honda Fit (aka Jazz) will be presented in 2013 (earlier post) and according to a report by Nikkan, the percentage of imported parts used in the domestic models will be increased from 17% to around 40%. This will enable a reduction of 15% in the price of the new Fit, and will enable Honda to save in total around 70 - 80 billion yen.

This is an example of manufacturer's attempt to lower their prices. In China and India, the use of components from local suppliers is nearly 100%.


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