New Delhi: Honda cars plans to increase vehicle prices in India from next month and company dealers have been informed about the decision, industry sources said. The company sells a range of vehicles starting from compact sedan Amaze going up to premium SUV CR-V.
Amaze prices currently start from Rs 6.17 lakh while the entry level CR-V is tagged at Rs 28.71 lakh (ex-showroom Delhi).
A company dealer confirmed the development and said the company is hiking the prices from January due to pressure on input cost and currency impact.
The model wise amount of increase will be intimated by the company to them in early January, the dealer added.
When contacted, a company spokesperson confirmed the move without sharing any details.