Japanese car manufacturer Honda has announced a price hike of about 1-2 per cent across its product line-up in India from January 2018. The revision in prices is expected to increase the car prices in the country by about Rs 25,000. The company attributes the hike in prices to offset increase in input costs.
Honda currently has eight cars in it product portfolio in India. The entry level car, the Brio, is priced at Rs 4.66 lakhs and the top car in the line-up, the Accord Hybrid, is priced at Rs 43.21 lakhs (ex-showroom Delhi). Last month, Skoda Auto India had announced its plans to hike car prices by 2-3 per cent across its product line up from 1 January. Isuzu, on the other hand, had announced its plan to hike the car prices by up to Rs 1 lakh for its premium SUV, the MU-X.
A detailed list on revised prices will be revealed in January 2018.
