Honda Cars India To Hike Prices Across Range From August 2021
Honda Cars India will be hiking prices across its model range from next month. The Japanese vehicle manufacturer has explained the hike due to rising input costs.
Honda Cars India proposes to hike the cost of its complete model range effective from August 2021. As reported by PTI, the Japanese manufacturer has cited a rise in input cost as the key cause for the price hike.
The manufacturer tries to mitigate the impact of a substantial increase in the procurement cost of different essential commodities, including steel and precious metals.
However, the business hasn’t announced the quantum of the raise, which is expected to vary from model to model.