Honda has taken a very calculated move.
i-VTEC Civic starts at 13.3 lacs and there is NO EXi.
SO the middle gap is filled by 1.5 City Steermatic.
People who can't afford a civic yet love anything with an "H" will be seen around roaming in smaller car.
How pathetic. Its the Atlas Honda that deserves to be interrogated here.
"But if you look at the price of Altis, where you are just getting an ENGINE for 1.32 million and nothing else then I think Civic is priced very rightly. "
Baseline Altis costs around 12 lacs and has Airbag, In Dash CD player, and hence the luxury and safety.
Baseline Civic costs 13.3 lacs and does not have even a single Airbag, let alone Honda brags about safety with its G-CON. Something which almost every manufacturer has. Even santro has its crumple zones defined. No CD player, etc.
Now you do the math and i think its the civic that just has an engine and a chassy.