Honda to hike car prices by up to 3% from January 2017

By | December 17, 2016
(Last Updated On: December 17, 2016)
Honda Cars India to increase prices across models

December 16, 2016: Honda Cars India Ltd. (HCIL) today announced a proposed price increase on all its models of upto 3 percent. The revised prices will be effective from January 2017.

Mr. Yoichiro Ueno, President and CEO, Honda Cars India Ltd. said, “Due to the increasing pressure on input costs and fluctuating exchange rates, we are forced to consider increasing the car prices across our line-up. The increased price will be effective from first week of January 2017.”

The company’s product range includes Honda Brio, Honda Jazz, Honda Amaze, Honda Mobilio, Honda City, Honda BR-V, Honda CR-V and the recently launched all new Honda Accord Hybrid.

Category: News

About CA Satbir Singh

Chartered Accountant having 12+ years of Experience in Taxation , Finance and GST related matters and can be reached at Email : Taxheal@gmail.com

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