Honda to hike car prices by up to 2% from Apr


New Delhi, Mar 13 (PTI): Honda Cars India Ltd (HCIL) will increase prices of its vehicles across models by up to 2 per cent from April to offset cost of OBD (on-board diagnostics) compliance and freight increase.

"We we are increasing car prices from April 1, 2013 by an amount of up to 2 per cent. The details are still being worked out," a company official said.

The increase in prices will be primarily on account of OBD compliance effective from April 1, 2013 and freight increase, the official added.

At present the company sells hatchbacks Brio and Jazz, sedans City, Civic, Accord and sports utility vehicle CR-V with price ranging from Rs 4.1 lakh to Rs 27.38 lakh (ex-showroom Delhi) across the models.

The price hike comes at a time when the company witnessing a decline sales in a tough market. HCIL had reported 26.49 per cent decrease in its domestic sales for February 2013 at 6,510 units as against 8,856 units in the same month last year.

HCIL is slated to introduce its much-awaited entry-level sedan Amaze in April, which will be the company's first diesel offering in India.

  

Top Stories


Leave a Comment

Title: Honda to hike car prices by up to 2% from Apr



You have 2000 characters left.

Disclaimer:

Please write your correct name and email address. Kindly do not post any personal, abusive, defamatory, infringing, obscene, indecent, discriminatory or unlawful or similar comments. Daijiworld.com will not be responsible for any defamatory message posted under this article.

Please note that sending false messages to insult, defame, intimidate, mislead or deceive people or to intentionally cause public disorder is punishable under law. It is obligatory on Daijiworld to provide the IP address and other details of senders of such comments, to the authority concerned upon request.

Hence, sending offensive comments using daijiworld will be purely at your own risk, and in no way will Daijiworld.com be held responsible.