New V-grade Honda City @ Rs 8.37 lakh

Honda Siel Cars India on Tuesday launched a new variant of its mid-sized sedan, Honda City, which is priced between Rs 8,37,000 and Rs 10.24 lakh or Rs 1.02 million (ex-showroom Delhi), aiming to cash in on the upcoming festival season.

The latest variant, called the V-grade Honda City, comes with new features such as five spoke alloy wheels, new front fog lamps, chrome door handles, sporty exhaust finisher and front and rear mud guards. It will be available both in manual and automatic transmissions.

"With the recently launched Honda Jazz, the refreshed new Honda Civic and now this V-Grade Honda City, we have a whole new line-up for all our customers to choose from," Honda Siel Cars India President and CEO Masahiro Takedagawa said.

The car is powered by a 1.5L four-cylinder petrol engine. The new Honda City has been launched as part of the 'Great Honda Fest' promotion ahead of the festival season, the company said.

Since the launch of the new-generation Honda City a year ago, the company has sold nearly 38,000 units.