Honda Cars India to hike prices by up to Rs 10,000 from April

New Delhi: Honda Cars India Ltd 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.

“Due to the increase in freight charges and input costs, we are forced to consider increasing the car prices for most of our models,” HCIL Senior Vice-President, Marketing and Sales Jnaneswar Sen said.

The revised prices will be effective from next month, he added.

The company’s product range includes Honda Brio, Honda Jazz, Honda Amaze, Honda WR-V, Honda City, Honda BR-V, Honda CR-V and Honda 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 per cent from next month.