Honda Siel Cars India Ltd. launches its popular CR-V SUV in the Indian market. Priced at $30,000, the vehicle is uniquely positioned as both an SUV, to compete against the Chevrolet Forester and Maruti Udyog Ltd. Grand Vitara, and a premium sedan. “We intend to sell 1,000-1,200 units of the CR-V in the first year, as the vehicle will also be positioned in the sedan market,” says H. Yamada, Honda Siel president and CEO. The vehicles will arrive from Japan as completely built-up units, ...

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