Honda Fit getting 3 new variants, including sedan

The Honda Fit might be a small car, but it is going to play a big role in Honda's goal of increasing sales by 18 percent by the end of the 2017 fiscal year. In this time, production of the subcompact will commence in Mexico, and sales of the car are expected to swell to 200,000 units annually thanks to an expanded model lineup.

Joining the current hatchback model, Honda is planning to use the Fit as the basis for a new sedan and crossover, although it isn't clear whether or not the cars will wear the Fit nameplate. According to Automotive News, various sources have confirmed that the new bodystyles will be made at the new Mexican plant, but Honda has not yet said if all three models will be on sale in the US. Adding a sedan would allow the Fit to better compete against rival cars like the Ford Fiesta, Nissan Versa, Chevrolet Sonic and Hyundai Accent, while the new crossover would give a unique product in the ever-growing B-segment.

The redesigned Honda Fit goes on sale next year with the new plant in Mexico going on line in 2014. The report says that the "vast majority" of cars built at this plant will be exported to the US.