Is there any issue with this series regarding High oil consumption?
And anyone facing this ,what's the remedy that has worked?

 

I have a 2010 GE8 in the US with 128K miles. I have owned the car for 5 years (after my younger brother owned it for 8 years) and change the 0w-20 synthetic oil and filter once per year after 5000-ish (highway/long-trip) miles. My oil level does not change over the year.

How you fix oil loss depends on what is causing your oil loss. If you're burning oil you have to figure out how the oil is getting from where it's supposed to be to where it's not supposed to be - stuff like rings and valve guide seals - and remedy that problem. If you have a leak, you again have to figure out how the oil is getting from the inside of the engine to the outside and fix the seals that are leaking.

 

I have a 2012 and I drive it a lot..... The oil level does not drop any noticeable amount between oil changes.

 

Someone had commented that the specific model had been recalled due to burning oil & recommended changing engine to a slim engine.I am in Kenya and most Honda owners use 5w40 here

 

I think most folks here are in the US/Canada. Which engine is in your Fit? Which "slim engine" are you talking about?