Japanese carmaker Honda unleashed its latest contender in the tiddler sedan category – the fifth-generation City – at a virtual Middle East launch on Tuesday.
The newcomer – sourced from Honda’s Tapukara plant in India – is a distinct departure from its predecessor, ushering in a more angular look that’s consistent with its Accord and Civic big brothers. It’s also substantially larger than its forerunner, stretching 90 millimetres longer and 53mm wider. In fact, its length eclipses even the previous-generation Civic.
The City may be Honda's least expensive offering in our market, but the sub-compact sedan is still a crucial model for the brand, targeting fleets and value-conscious private buyers with its sub-Dh60,000 ($16,337) entry price.
Honda ME hasn’t yet announced pricing for the new line-up, but it’s likely to be in the same ballpark. There are four spec levels – DX, LX, LX Sport and EX – with the range-topper expected to be priced around the Dh70,000 mark.
Tech goodies
The fifth-generation City goes on sale locally on Thursday, April 1, and it comes loaded with far more generous kit levels than its predecessor. Among the goodies is an eight-inch audio touchscreen (a rarity for this category) with Apple CarPlay or WebLink. You also get two USB ports in LX grade upwards.
Another welcome feature for this ultra-price-sensitive category is a rear wide-view camera that provides three angles – normal, top-down and wide – to take the guesswork out of reversing.
Fuel efficiency
Nothing much has changed in the drivetrain department, as the latest City is propelled by a carryover 1.5-litre four-cylinder engine with 119 horsepower and 145Nm, and these outputs are channelled to the front wheels by a CVT (Continuously Variable Transmission).
From LX grade upwards, you get steering-mounted paddle shifters that enable you to take manual control of the transmission.
Fuel economy is again a strong suit, with Honda quoting a consumption figure of 4.7L/100 kilometres (21.1km per litre).
Safety features
The new City is touted as one of the safest cars in its segment, with six airbags – front, side and curtain – and a rigid passenger cell said to provide a high level of crash protection.
Of course, it’s preferable to avoid a crash in the first place, and to this end there’s Vehicle Stability Assist with Electronic Stability and Traction Control.
There’s also Agile Handling Assist, which supplements the VSA system by enabling the driver to get through corners with smaller steering inputs.
Sporty iteration
Another first for the latest-gen City is the addition of the LX Sport grade, which is pitched at younger customers. Befitting its sporty aspirations, this trim level comes with blacked-out trim elements, LED taillights, a bootlid spoiler and Sport badging. This variant also comes with black 16-inch alloys.
The new City’s substantially roomier cabin will doubtless boost its appeal, but it faces tough opposition from the Nissan Sunny, Hyundai Accent and Toyota Yaris sedan, so it will be interesting to see how the sales race pans out.
Accord revamped with autonomous braking and 10-speed auto
Honda also used its online launch event to reveal its face-lifted Accord, which goes on sale locally on Sunday, March 14. Among the key changes vis-a-vis its predecessor is a refreshed exterior design with a wider restyled grille and the addition of full LED headlights for 2.0-litre models.
All models now get LED taillights, and there are new-design 17-inch/18-inch alloy wheels. Another minor addition is a new Sonic Grey colour for the Accord Sport.
The 2021 Accord is offered with an eight-inch audio touchscreen with Apple CarPlay and Android Auto, and you also get wireless charging, USB ports in the rear cabin and rear wide-view camera.
Interesting new features include rear autonomous braking, which automatically applies the brakes if on-board sensors detect an imminent collision when reversing.
As before, lower-spec models are powered by a 1.5-litre turbo engine with outputs of 192hp and 260Nm, sent to the front wheels by a CVT auto. The range-topping 2.0T Sport gets a beefier 2.0-litre turbo with 252hp and 370Nm, channelled to the front wheels by a segment-leading 10-speed auto.
Tamkeen's offering
- Option 1: 70% in year 1, 50% in year 2, 30% in year 3
- Option 2: 50% across three years
- Option 3: 30% across five years
Benefits of first-time home buyers' scheme
- Priority access to new homes from participating developers
- Discounts on sales price of off-plan units
- Flexible payment plans from developers
- Mortgages with better interest rates, faster approval times and reduced fees
- DLD registration fee can be paid through banks or credit cards at zero interest rates
The%20specs
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COMPANY%20PROFILE
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How to play the stock market recovery in 2021?
If you are looking to build your long-term wealth in 2021 and beyond, the stock market is still the best place to do it as equities powered on despite the pandemic.
Investing in individual stocks is not for everyone and most private investors should stick to mutual funds and ETFs, but there are some thrilling opportunities for those who understand the risks.
Peter Garnry, head of equity strategy at Saxo Bank, says the 20 best-performing US and European stocks have delivered an average return year-to-date of 148 per cent, measured in local currency terms.
Online marketplace Etsy was the best performer with a return of 330.6 per cent, followed by communications software company Sinch (315.4 per cent), online supermarket HelloFresh (232.8 per cent) and fuel cells specialist NEL (191.7 per cent).
Mr Garnry says digital companies benefited from the lockdown, while green energy firms flew as efforts to combat climate change were ramped up, helped in part by the European Union’s green deal.
Electric car company Tesla would be on the list if it had been part of the S&P 500 Index, but it only joined on December 21. “Tesla has become one of the most valuable companies in the world this year as demand for electric vehicles has grown dramatically,” Mr Garnry says.
By contrast, the 20 worst-performing European stocks fell 54 per cent on average, with European banks hit by the economic fallout from the pandemic, while cruise liners and airline stocks suffered due to travel restrictions.
As demand for energy fell, the oil and gas industry had a tough year, too.
Mr Garnry says the biggest story this year was the “absolute crunch” in so-called value stocks, companies that trade at low valuations compared to their earnings and growth potential.
He says they are “heavily tilted towards financials, miners, energy, utilities and industrials, which have all been hit hard by the Covid-19 pandemic”. “The last year saw these cheap stocks become cheaper and expensive stocks have become more expensive.”
This has triggered excited talk about the “great value rotation” but Mr Garnry remains sceptical. “We need to see a breakout of interest rates combined with higher inflation before we join the crowd.”
Always remember that past performance is not a guarantee of future returns. Last year’s winners often turn out to be this year’s losers, and vice-versa.
COMPANY%20PROFILE
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Diriyah%20project%20at%20a%20glance
%3Cp%3E-%20Diriyah%E2%80%99s%201.9km%20King%20Salman%20Boulevard%2C%20a%20Parisian%20Champs-Elysees-inspired%20avenue%2C%20is%20scheduled%20for%20completion%20in%202028%0D%3Cbr%3E-%20The%20Royal%20Diriyah%20Opera%20House%20is%20expected%20to%20be%20completed%20in%20four%20years%0D%3Cbr%3E-%20Diriyah%E2%80%99s%20first%20of%2042%20hotels%2C%20the%20Bab%20Samhan%20hotel%2C%20will%20open%20in%20the%20first%20quarter%20of%202024%0D%3Cbr%3E-%20On%20completion%20in%202030%2C%20the%20Diriyah%20project%20is%20forecast%20to%20accommodate%20more%20than%20100%2C000%20people%0D%3Cbr%3E-%20The%20%2463.2%20billion%20Diriyah%20project%20will%20contribute%20%247.2%20billion%20to%20the%20kingdom%E2%80%99s%20GDP%0D%3Cbr%3E-%20It%20will%20create%20more%20than%20178%2C000%20jobs%20and%20aims%20to%20attract%20more%20than%2050%20million%20visits%20a%20year%0D%3Cbr%3E-%20About%202%2C000%20people%20work%20for%20the%20Diriyah%20Company%2C%20with%20more%20than%2086%20per%20cent%20being%20Saudi%20citizens%0D%3C%2Fp%3E%0A
Gothia Cup 2025
4,872 matches
1,942 teams
116 pitches
76 nations
26 UAE teams
15 Lebanese teams
2 Kuwaiti teams
The specs
Engine: 6.2-litre V8
Power: 502hp at 7,600rpm
Torque: 637Nm at 5,150rpm
Transmission: 8-speed dual-clutch auto
Price: from Dh317,671
On sale: now
French business
France has organised a delegation of leading businesses to travel to Syria. The group was led by French shipping giant CMA CGM, which struck a 30-year contract in May with the Syrian government to develop and run Latakia port. Also present were water and waste management company Suez, defence multinational Thales, and Ellipse Group, which is currently looking into rehabilitating Syrian hospitals.
The specs
Engine: Dual 180kW and 300kW front and rear motors
Power: 480kW
Torque: 850Nm
Transmission: Single-speed automatic
Price: From Dh359,900 ($98,000)
On sale: Now