The Honda Brio has not even debuted in the Indian market and only just has in the Thai market and is facing problems relating to availability of parts due to Japan being hit by the horrible tsunami, but this has not stopped media speculation about the launch of a sedan based on the Brio hatchback.  Some of the more enterprising enthusiasts have even photoshopped the existing Brio hatch and have claimed that late 2013 is the launch time and that this is being made to take on the Etios.  We are not sure if Honda has any such plans because so far Honda has been saying that it wants to stay away from large volumes and small profits strategies.  It has been promoting itself as an aspirational brand in India though this is not the case in Europe and the USA.  How much truth there is in these rumours only Honda knows and we are sure they are not going to say anything just yet.