Honda to hike vehicle prices by up to Rs 30,000 from January
Japanese car maker Honda will hike prices of its entire model range by up to Rs 30,000 from next year, according to a report of PTI.
Honda is to increase prices of its vehicles from January to partially offset the impact of rising input costs and prepare products in compliance with upcoming stricter emission norms, the report added.
Other carmakers including Maruti Suzuki, Hyundai, Tata Motors, Mercedes-Benz, Audi, Renault, Kia India and MG Motor have also made the year-end an ..
“After assessing the consistent increase in the input cost of raw materials and upcoming regulatory requirements, we will have to undergo a price revision for our products from January 23. The increment will be in the range of up to Rs 30,000 and vary from model to model,” Honda Cars India Vice President (Sales and Marketing) Kunal Behl told PTI.
As per the second phase of BS-VI emission regulations, to be effective from April 2023, vehicles will need to have an onboard self-diagnostic ..
Read more at: ECONOMIC TIMES