Honda Siel Car Prices To Go Up By 2-3%

By vicky.in

Published: Tuesday, March 15, 2011, 12:45 [IST]

Not able to withstand the ever rising costs in input and components, Honda Siel Cars India has announced the hike in its products by 2-3% from April 1. The Honda company"s spokesperson claimed that the time has come for Honda to hike the prices in the wake of strong increase in the commodity prices.

The hike, he added, will be by 2-3% from April 1 in a bid to minimize the impact of strengthening raw material rates. All Honda models-Jazz, Civic, City and CR-V, except the sedan Accord, will get the hike. In another move, Honda has put off the preview of its small car Brio in the Indian market in the wake of the recent natural disaster in its homeland.