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Honda Cars price in India set to increase from this week

Honda Cars prices

Honda Cars will increase prices across range due to rising input costs.

Following top two car makers in India – Maruti Suzuki India Limited and Hyundai Motors announcing price hikes earlier in August 2015, country’s third largest car manufacturer, Honda Cars is set to follow suit.

New Honda Cars price will see an increase of about 1-2% and could be implemented from today. The reasons for increase in prices are due to increase in input costs and weakening rupee against the dollar.

Honda Cars which sell the City, Jazz, Amaze, Brio, Mobilio and CR-V in India stated that the company has yet to decide whether to include the recently re-launched Jazz in the price hike or not. This is the third price hike by Honda Cars this year, with the last two price hikes in January and April 2015.

honda jazz mumbai launch

From L to R :Mr. Raman Kumar Sharma, Senior Vice President and Director HCIL, Mr. Hiroyuki Shimizu, Sr VP and Director, Marketing & Sales HCIL, Mr. Katsushi Inoue, President and CEO, Honda Cars India Ltd & Mr. Jnaneswar Sen, Sr. Vice President Sales & Marketing, HCIL at the launch of the All New 3rd Generation Honda Jazz in July this year

Honda sales during 2014-15 stood at 189,062 units while from April to July 2015 the company sold 63,000 units, a 12% increase over sales in the same period in 2014. This is the best sales performance of the company ever since they set shop in the country.

After launching a series of successful products like the Amaze, City, and Mobilio, the company has now launched new Jazz. The recently launched Jazz has seen instant success in the premium hatchback segment. In the first month of launch, the company sold a total of 6,676 units of Jazz, making it the company’s largest selling car over the Honda City.



About the author

Pearl Daniels

Pearl Daniels

Former freelance writer, Pearl Daniels is in the auto industry since 2011, having established herself as a widely read staff writer since 2013. Her keen eye for industry news, daily need to break down latest events, and quest to not miss a single launch detail, gives you the most refreshing morning news on weekdays.

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