We expect City diesel to replicate Amaze's success: Honda CEO

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Hironori Kanayama President & CEO of Honda Cars India, during the launch of 4th Generation Honda City in Mumbai. (PTI) Hironori Kanayama President & CEO of Honda Cars India, during the launch of 4th Generation Honda City in Mumbai. (PTI)
SummaryHona hopes to dent rival Hyundai Motors’ market share, whose Verna is the dominating player in compact sedan segment.

tier-III cities. We are looking at opening 170 dealerships by the end of this fiscal and these will serve 107 cities.

Is the company looking at re-negotiating dealer margins to retain dealers and draw more?

Dealers are important partners as they help serve customers on our behalf. We are aiming at a win-win relationship with the dealers. We take such decisions depending upon the market situation, dealers and our profitability. We are not looking at a drastic change in the margin strategy, though it can be reviewed anytime whenever necessary.

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