Leading auto manufacturer Honda Motors planning to launch its new cars in Indian market. According to the company official, Honda plans to launch its small car in Indian market which is expected to hit the Indian roads in 2011-12. With the launch of this new small car company plans to compete other auto manufacturers which currently dominates this segment like Maruti, Hyundai, Tata Motors, Chevrolet and Toyota. Toyota also plans to launch its new cars in Indian market including its small car that might be hit Indian road next year. Currently, this segment is dominated by Maruti Suzuki with over 60% of market share and with seven models in this segment. India's other leading auto manufacturers like Hyundai, Tata motors also have number of models in this segment but Honda doesn't have a small car model in this segment and company looking at new cars in this segment to gain market share in India.
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