All Honda Cars To Witness Price Hike From August

Looking to buy a Honda? Well then, hurry up because the Japanese carmaker has announced a price revision, and it's not one you would like. Prices for all Honda cars will go up by Rs 10,000 to Rs 35,000, with effect from 1 August 2018. The reason quoted for this hike is "the increasing pressure on input costs, the impact of customs duty hike over past few months and higher freight rates." This price hike will also be imposed on the recently launched Honda Amaze, which is currently being sold at an introductory price of Rs 5.59 lakh, ex-showroom Delhi.

Honda's current lineup of cars includes the Brio, Jazz, Amaze, City, WR-V, BR-V and CR-V, all of which are manufactured in India. The Accord Hybrid is being sold as a CBU (Completely Built Unit) and is imported from Thailand. Model-wise price hikes will be updated soon and we will communicate it to you via this space, so stay tuned. Or rather, go buy yourself a Honda. Here is what the press release had to say.

New Delhi, 9 July 2018: Honda Cars India Ltd. (HCIL) today announced a proposed price hike on its models in the range of Rs 10,000 – Rs 35,000 and the revised prices will be effective from 1 August 2018.

Mr. Rajesh Goel, Sr. Vice President, Sales and Marketing, Honda Cars India Ltd. said, “Due to the increasing pressure on input costs, impact of custom duty hike over past few months and higher freight rates, we are forced to consider increasing the prices of our cars. The increased price will be effective from 1 August 2018.” “The introductory price of the recently launched All New Amaze will also be revised from August,” he added.