According to pama website:
only 4015 Honda Civic have been produced in 8 months, keeping this avg. this year production will be around 6000 units of new civic which is far less than last couple of years of production.
in 2004-05 , Honda produced 12,359 civics
in 2005-06 , Honda produced 12,274 civics
in 2006-07 , Honda produced 5,610 civics , keeping in mind that new civic introduced in 2006-07 , which tells that Honda new civic lost its edge totally now,
comparing with corolla :
in 2004-05 , Toyota produced 23,007 Corolla
in 2005-06 , Toyota produced 31,094 corolla
in 2006-07 , Toyota produced 35,036 corolla
In this year only in 8 months toyota produced 21,452 corolla which is inline with their recent targets of 32,000 units of corolla to be produced this year. Despite roumers of new corolla to be introduced this year , toyota is doing well.
Honda is facing a challange and lost by introducing 1.8L engine as fuel cost is in upward trend and will reamin high for times to come. Another reason is high selling price of new civics which is also post a negative impact. Now Honda has to take a decision of introducing 1.5L and 1.6L engines in New Civics or just keep selling 5,000 to 6,000 units and post a profit/loss balance sheet with numbers in brakets (----------) , I hope u all know what I mean.
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