Honda Market Going Down
Honda Motors have always refused to accept the use of diesel in cars and this ignorance has brought down its own market. Honda’s has always pursued in making petrol cars and with such a high petrol price, who is going to buy Honda? This has also affected the sale of new cars.
Honda was very proud about all its car models and their resale value. But the scenario has completely changed after the increase in fuel price. The resale value has reduced to almost 30%. It’s hurting!
It has now become difficult for Honda to keep going. Even Honda Civic could not make up for the loss. The second hand market is more popular with models of Maruti and Hyundai.
Let’s see what wonder the recent Honda Civic Hybrid does!
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