08/07/2008 19:40. BEIJING, Jul 08, 2008 (SinoCast China Transportation Watch via COMTEX) -- HMC | Quote | Chart | News | PowerRating -- Guangzhou Honda Automobile Co., Ltd., a China venture of Japanese automaker Honda Motor Co., will launch its new Fit on July 13 across the country.

Guangzhou Honda Executive Managing Director Fu Shoujie expected the model to become a champion in the small-sized car market with a monthly sales volume of 7,000 units.

The model made a debut in Beijing on July 2. The first batch of new Fit to be put into the market will contain five products with 1.3- and 1.5-liter displacement as well as a price range from CNY 86,800 to CNY 129,800.

The new Fit is 55mm longer than the original one in wheelbase and 20mm wider in track, which is believed to not only enlarge the interior... // Trading Markets