As the calendar changes to 2017, all major automakers in the country are hiking prices across their line-up in the country. This time around, Japanese automaker Honda has announced its plan to hike its vehicle prices up to 3 per cent depending on the model and the variant. The automaker cites rise in input costs and fluctuating exchange rates as a reason behind the hike in prices.
In India, Honda sells the Brio, Jazz, Amaze, Mobilio, City, BR-V, CR-V and the recently launched all new Accord Hybrid. The new Accord is sold in India via the CBU route from Thailand. The cars from Hondas production line is well known for reliability and fuel efficiency.
Popular names likes Nissan, Hyundai, Mercedes-Benz, Toyota, Renault and Tata Motors who will be hiking car prices effectively from January, 2017. As a result of the recent demonetisation announcement in the country, all major automakers in the country have seen a drop in overall sales. Honda cars India has also been considerably affected wherein the sales for November has dropped to 8,029 units as against 14,712 units in the same period last year.
