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Honda Entering Subcompact SUV Market with 2015 Honda HR-V

2015 Honda HR-V
(American Honda Motor Co., Inc.)

Honda announced last week at the New York International Auto Show that it is introducing a subcompact crossover called the HR-V, which is based on the redesigned 2015 Fit.

According to a press release, the HR-V will be equipped with Honda's folding Magic Seat, "which allows for multiple seating configurations and the ability to fold the second row seat completely flat for added cargo space." The Magic Seat has been a favorite feature among reviewers in the Fit since it debuted, as it enables the transport of large, bulky cargo in a small vehicle.

2015 Honda HR-V
(American Honda Motor Co., Inc.)

Honda has not released much other information about the HR-V yet. Car and Driver believes that it will likely have a stronger engine that the 1.5-liter four-cylinder engine in the 2015 Fit, which makes 130 horsepower.

The New York Times writes, "The HR-V is simple, attractive and not overly cute," The newspaper adds that the styling should be well-received by those likely to buy one.

2015 Honda HR-V
(American Honda Motor Co., Inc.)

The HR-V will compete in a blossoming segment of subcompact SUVs, with rivals such as the Buick Encore, Nissan Juke, Mini Countryman and upcoming Jeep Renegade and Chevrolet Trax.

Honda says the HR-V will come out later this year and is positioned below the CR-V compact SUV in Honda's lineup. As reference, the 2014 CR-V starts at $22,945.

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