Honda Siel Cars India has announced that it two of the models – Honda Civic and Honda City shall cost cheaper than before. Honda City shall be cheaper by Rs. 3000 while Honda Civic shall be cheaper by Rs. 5000.
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According to the Honda Siel Cars India official, "We have received notification from the government on the central sales tax cut from 3% to 2% announced in the Budget. Hence we are reducing the prices of our models City and Civic to pass the benefit to consumers.”
An announcement like this comes from Honda Siel Cars when most of the car manufacturers are hiking their prices for nearly all their models. Most of them attribute the hike to the rising input costs. Honda Siel Cars India is the joint venture between Japan’s Honda Motor Company and Siel Limited. It is getting ready to launch its small car – Jazz in India soon. It also plans to launch the diesel versions of it models in the country. It has recently launched its eight generation Accord in India last month. It now plans to bring its cross over model – Civic next month.
