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      Honda announces up to 1.65 % price hike on Brio and City from January 2013

      CarTrade Editorial Team

      CarTrade Editorial Team

      Honda Cars India Limited (HCIL), a completely owned subsidiary of the Japanese auto giant Honda Motor Company, has declared to increase retail costs of its Brio hatch and City sedan with effect from January 2013. The company has affirmed that the slated price hike of its two products will fall in the range between 0.8 per cent and 1.65 per cent. The Japanese auto maker is the latest in line of several top auto players, who have announced to hike prices of their entire or limited product portfolio marketed in the country. The list is getting regularly appended and so far includes the likes of Maruti Suzuki, Toyota Kirloskar Motor, Mahindra and Mahindra Limited (M&M), General Motors India, Mercedes Benz India and BMW India.

       

      Honda announces up to 1.65 % price hike on Brio and City from January 2013
      Honda announces up to 1.65 % price hike on Brio and City from January 2013
       

      At present, Honda Brio hatch is offered to domestic consumers at a price range between Rs. 4.15 lakhs and Rs. 6 lakhs, while Honda City sedan comes in a price bracket of Rs. 7.3 lakhs and Rs. 10.6 lakhs in the country. Accordingly, post the effective hike from January 1, 2013, Honda Brio hatch could see an excess cost addition in the range between Rs. 3,000 and Rs. 7,000. Similarly, Indian car enthusiasts could witness a price hike in a price range of Rs. 6,000 to Rs. 12,000 for their favourite sedan Honda City.

      Interestingly, Honda Cars India has not revealed any intentions to increases prices of its less selling models like Jazz premium hatchback, CR-V compact Sports Utility Vehicle (SUV) and Civic luxury sedan. The Brio and City models are best selling products of Honda in the country, which is reason behind why the Japanese auto maker can afford to implement hike in their prices.

      honda brio | brio | Honda