Honda on Friday (14/7) launched a redesigned Stream minivan with low-floor platform aimed at couples in their 30s who do not have children and those whose children have already grown up, as well as family buyers.
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The Japanese domestic minivan market grew rapidly in the 1990s, but in a sluggish market with a declining birth rate, minivan sales have recently been slowing down, Kyodo News noted.
The previous Stream was exported to Europe but was not a success and it has now been replaced by the FR-V minivan here.
Minivans in Japan still account for 25% of new vehicle sales, forcing automakers to target new customers.
The latest Stream has new 1.8- and two-litre engines with improved fuel economy and stronger acceleration. The 1.8 has a conventional five-speed automatic gearbox and the 2.0 gets a CVT transmission. The cabin is larger and more comfortable and a sports version called RSZ gets alloy wheels, body enhancements and black interior trim parts.
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By GlobalDataThe new model’s relatively low overall height of 1,545mm lets it fit into most restricted-height mechanical parking lots in Japan.
Prices range between 1,806,000 yen and 2,541,000 yen.
