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Honda to develop entry-level car in 2, 3 years

Wed Dec 17, 2008 1:38am EST

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TOKYO, Dec 17 (Reuters) - Honda Motor Co (7267.T) aims to develop an entry-level car below the Fit model in two to three years to meet demand in emerging economies, such as India, Chief Executive Takeo Fukui told a news conference on Wednesday.

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Japan's No.2 automaker plans to delay the introduction of medium to large-sized diesel models in the United States and Japan to concentrate on hybrid and small cars amid a deepening global economic slump. (Reporting by Chang-Ran Kim)

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