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The Honda Fit had established itself as a viable platform for tuners in Japan and with the apparently minimal amount of love being heaped upon the new Civic Type-R, aftermarket firms were focusing more attention on the Civic's younger brother.
Mugen's close ties to Honda had yielded yet another concept that takes the Fit to the next level. Typical for the Fit and Mugen, the F154SC has a supercharger slapped onto the L15A that boosts the power of the 1.5-liter four to 150 hp and 136 lb.-ft. of torque. Everything that could have been modified has, including a full coilover suspension, exhaust, intake and upgraded brakes, along with the prerequisite body modifications that widen the track and feed more air into the engine bay.
http://www.autoblog.com/2008/01/17/2008-tokyo-auto-salon-honda-fit-f154sc-concept-by-mugen/