Connect with us

Hi, what are you looking for?

Captain Of Success
Top Stories

Stock Markets

Honda to launch new HR-V by March 9

HONDAPHIL.COM

HONDA CARS PHILIPPINES, Inc. (HCPI) is set to launch its new HR-V model, further expanding the car manufacturer’s full-hybrid lineup in the Philippines.

“This solidifies the company’s commitment to improving people’s way of life by reducing their carbon footprint,” HCPI said in a statement over the weekend.

The new HR-V, HCPI’s third hybrid model in the Philippines, will have its official consumer launch at SM North EDSA The Block Atrium on March 9, HCPI said.

It will be priced at P1.45 million for the 1.5 S CVT, P1.52 million for the 1.5 V CVT, and P1.8 million for the 1.5 RS e:HEV E-CVT, available across HCPI’s 38 dealerships nationwide.

Depending on the variant, the model comes in six colors: Ignite Red Metallic, Platinum White Pearl, Premium Opal White Silver Pearl, Meteoroid Gray Metallic, Crystal Black Pearl, and Sand Khaki Pearl.

However, Platinum White Pearl and Premium Opal White Silver Pearl will cost an additional P20,000.

According to HCPI, deliveries of the new HR-V will begin this month.

The model will also be showcased in mall tours at SM Megamall from Feb. 27 to March 5, SM North EDSA from March 7 to 9, and Festival Mall from March 14 to 16.

For 2025, HCPI is targeting a 3–5% sales growth from the 15,518 units sold in 2024. Last year, its sales accounted for 3.32% of total industry sales.

According to HCPI President Rie Miyake, growth will be driven by new model launches and dealership expansions in 2025.

“For the succeeding years, our direction is to expand the hybrid (models). Today, I cannot mention any specific models or timing, but our direction is always to shift to hybrid,” she told reporters in January.

“Considering the current market situation, we believe the hybrid model is the best solution for Filipino customers to contribute to carbon neutrality. So our direction is to bring in more hybrid (models),” she added. — Justine Irish D. Tabile

    You May Also Like

    Stock Markets

    PHILIPPINE STAR/ MICHAEL VARCAS By John Victor D. Ordoñez and Adrian H. Halili, Reporters THE Philippine Coast Guard accused the Chinese Navy of performing...

    Stock Markets

    SCREENSHOT FROM HOUSE OF REPRESENTATIVES FACEBOOK By John Victor D. Ordoñez, Reporter THE CHIEF of the Philippine police’s investigation arm has filed a complaint...

    Stock Markets

    PORK meat products are sold at the Murphy Market in Cubao, Quezon City, Feb. 11, 2021. — PHILIPPINE STAR/ MICHAEL VARCAS THE Department of...

    Stock Markets

    PHILIPPINE STAR/ MIGUEL DE GUZMAN AROUND 70-80% of crimes in Southeast Asia are linked to drugs, Bureau of Corrections (BuCor) Director General Gregorio Pio...

    Disclaimer: CaptainOfSuccess.com, its managers, its employees, and assigns (collectively “The Company”) do not make any guarantee or warranty about what is advertised above. Information provided by this website is for research purposes only and should not be considered as personalized financial advice.
    The Company is not affiliated with, nor does it receive compensation from, any specific security. The Company is not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Any investments recommended here should be taken into consideration only after consulting with your investment advisor and after reviewing the prospectus or financial statements of the company.