Honda Cars India has announced the name for its much-awaited SUV, called Elevate. The mid-size SUV is expected to debut globally on June 6, 2023 from India.
A press release from Honda noted that the new SUV has been developed as a new global model in the company’s line-up to cater to the robust demand for SUVs worldwide. The new model incorporates people’s lifestyle requirements and expectations for Honda’s New SUV.
Interestingly, the Elevate will be the second model from the OEM to make its global debut in India first after the recently launched City facelift.
The company reported a 32.5% drop in sales YoY with retails of 5,313 units in April’23 as opposed to 7,874 units it sold in the corresponding month last year. Meanwhile, its annual domestic sales in FY23 stood at 91,418 units, recording 7% growth over the previous financial year. The company had sold 85,609 units during FY22.
Honda expects a turnaround in its performance with the launch of its much-anticipated mid-size SUV in June this year.
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