Honda Increases Prices Across Range by Up to 79,000

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Following the Union Budget 2016, now Honda has also announced a price hike across its range in India. Effective from March 1, 2016, the levy of ‘Infrastructure Cess’ announced in Union Budget 2016 – 17 translates into an increase of up to 79,000 for Honda cars in India. One must note, Tata Motors, Hyundai and Maruti Suzuki have already announced a hike in the prices of their respective model range.Other than the new Honda Amaze, whose prices were announced at its launch only last week, the rest of the line-up is now dearer by 5,000 – 79,000: with the most ‘steeply’ affected model being the Honda CR-V.

 

ModelPrice Hike
Honda Brio4,000 – 6,000
Honda Jazz5,000 – 19,500
Honda Amaze
Honda City24,600 – 38,100
Honda Mobilio21,800 – 37,700
Honda CR-V66,500 – 79,000

While the introduction of infrastructure cess have led to a hike in the price of most cars in India, we believe this may act as the much needed push for carmakers to seriously consider addition of environment-friendly models in their respective line-ups. However, it is not just the manufacturers’ onus: the government will need to work on sorting out several more details before green cars can become a reality in India.

[“source-auto.ndtv”]