Honda to increase car prices by 2% from January Auto News

Rave News

Honda car prices rise: Honda Cars India on Friday said it will increase prices of all models by up to 2% from January next year to partially offset rising input costs. The company sells Amaze, City, Elevate and other car models in the domestic market.

Honda Cars India vice-president, marketing and sales Kunal Behl said the carmaker will increase prices of its models by up to 2% from January 2025. He added that the company has been working hard this year to absorb price increases and ensure the impact on customers is minimal.

“However, as input costs and logistics continue to rise, a small part of this impact will be passed on to customers through price adjustments starting in the new year,” Bell said.

In addition, he added that the new third-generation Amaze was launched at a very competitive initial price and will also undergo a price adjustment in the middle of next month.

Several carmakers including Maruti Suzuki, Hyundai and Tata Motors have already announced price hikes from January.

Source link

Leave a comment