It will initially be utilised for a C-segment
SUV that will sell under each company's own brand.
Honda Civic has become one of the sedans leading C-segment
, being trusted and favored by a large volume of customers.
With its finely tuned chassis and 4Control System, complete with four-wheel steering, the car is aiming to become -- like its predecessors -- a benchmark in the C-segment
hot hatch market.
And yet, its main competition was always going to come from its direct rivals in the C-segment
- a segment dominated for years by Maruti Suzuki Ciaz.
It's big selling point is that it is the only four-wheel-drive C-segment
hatchback on sale at this price - you would have to spend several thousand pounds more for an Audi A3 quattro or BMW 1 Series with xDrive - both well beyond PS30,000.
"The TNGA engineering and design philosophy brings a whole new dimension to our next generation C-segment
models," said Dr Johan van Zyl, president and chief executive of Toyota Motor Europe.
It's right in the middle of the very competitive C-segment
sedan market but here are some classic (and new) features that still make it a favorite until today.
CEVT was established by Geely Holding in 2013 as an engineering and development center for future C-segment
cars addressing the needs of both Volvo Cars and Geely Auto Group.
, mid-size family sedan category has been seeing a revival in terms of numbers, after having always been a strong-selling segment barring a more recent drop in numbers.
The Czech manufacturer unveiled the new C-segment
SUV to the world last week at the Artipelag museum near Stockholm, after releasing numerous teaser images ahead of its debut.
Of course, big volume mid-size cars continued to attract higher rates at around 10.5-10.75% while entry level hatchbacks came in at 10.75-11.25% Repeated rate cuts in the next one year by the RBI led to more rationalisation and the rack rates hovered around 11-11.25% for entry level cars, 10.5% for B-segment cars, 10.25% for C-segment
sedans and 10% for premium cars by September 2015.