Planning to buy a Honda car? Grab one before August
Honda Cars India has stated that it will increase the prices of its models by up to Rs 35,000 from next month to offset rise in input costs. The company plans to hike prices in the range of Rs 10,000-Rs 35,000 and the revised prices will be effective from August 1, said a Honda Cars India Ltd (HCIL) statement.

Honda Cars India has stated that it will increase the prices of its models by up to Rs 35,000 from next month to offset rise in input costs. The company plans to hike prices in the range of Rs 10,000-Rs 35,000 and the revised prices will be effective from August 1, said a Honda Cars India Ltd (HCIL) statement.
"Due to the increasing pressure on input costs, the impact of customs duty hike over past few months and higher freight rates, we are forced to consider increasing the prices of our cars," HCIL Senior Vice President Sales and Marketing Rajesh Goel said, as cited by PTI.
Goel also added that the introductory price of the recently launched all new Amaze will also be revised from August.
Honda sells models ranging from hatchback Brio with price starting at Rs 4.73 lakh to Accord Hybrid priced at Rs 43.21 lakh (ex-showroom Delhi).
Watch this Zee Business video here:
The luxury carmakers like Audi, JLR and Mercedes-Benz hiked prices in the range of Rs 1-10 lakh to pass on the increase in customs duties in last April. Likewise, Hyundai Motor India also announced to hike prices by up to 2 per cent from June.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
RECOMMENDED STORIES

SIP Calculation at 12% Annualised Return: Rs 10,000 monthly SIP for 20 years, Rs 15,000 for 15 or Rs 20,000 for 10, which do you think works best?

FD Rates for Rs 10 lakh investment: Compare SBI, PNB, HDFC, ICICI, and Post Office 5-year fixed deposit returns

LIC Saral Pension Plan: How much should you invest one time to get Rs 64,000 annual pension for life?

SIP Calculation at 12% Annualised Return: Rs 1,000 monthly SIP for 20 years, Rs 4,000 for 5 years or Rs 10,000 for 2 years, which do you think works best?

UPS vs NPS vs OPS: Last-drawn basic salary Rs 90,000 and pensionable service 27 years? What can be your monthly pension in each scheme?

Monthly Pension Calculations: Is your basic pension Rs 26,000, Rs 38,000, or Rs 47,000? Know what can be your total pension as per latest DR rates
12:53 PM IST