Honda on Tuesday said it would hike prices of its models by up to Rs 10,000 from next month on higher freight charges and input costs. The prices of the newly launched+ Honda WR-V will, however, remain unchanged, the company said in a statement. Also Read - Honda X-Blade launched in India, priced at Rs 78,500
“Due to the increase in freight charges and input costs, we are forced to consider increasing the car prices for most of our models,” Honda Cars India Limited senior VP, marketing and sales Jnaneswar Sen said. Also Read - Honda launches special editions of City, Amaze, WR-V
The revised prices will be effective from next month, he added. The company’s product range includes Brio, Jazz, Amaze, WR-V, City, BR-V, CR-V and Accord Hybrid. These are priced in the range of Rs 4.69 lakh to Rs 37 lakh (ex-showroom Delhi).
Last week, German luxury car maker BMW had announced that it would hike prices of its vehicles in India by around 2 percent from next month.