Honda Cars India Ltd (HCIL) has proposed a price increase on all its models of up to 3 per cent, effective from January 2017.
“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,” said Yoichiro Ueno, President and CEO of HCIL.
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.