Honda Cars India Limited has announced a price hike of Rs 10,000 across the model range, effective from first week of April 2017. However, the recently launched WR-V is exempt from this hike.
Honda says the price hike is due to the increased manufacturing costs and freight charges. Speaking about the price hike, Jnaneswar Sen, Senior Vice President, Honda India, said, “Due to the increase in freight charges and input costs, we are forced to consider increasing the car prices for most of our models. The increased price will be effective from the first week of April 2017.”
This is Honda’s second hike for the year 2017, with the previous one being in January, when many other manufacturers announced a price hike as well.