Honda to hike car prices from January

#hashtags: #Honda Cars India #Brio #Amaze #Mobilio #January 2016 #Honda #Hyundai #Nissan #Toyota #Skoda #Mercedes #Benz #BMW

Honda Cars India is slated to increase the prices of all the models in its product range (Brio, Jazz, Amaze, Mobilio, City and CR-V) starting from January 2016.

Honda plans to increase the prices of its cars by RS. 10,000 – 16,000 per vehicle. The reason for this is increased input cost and depreciating value of the rupee. This adversely affects the company revenue.

Honda will be joining other manufacturers like Hyundai, Nissan, Toyota, Skoda, Mercedes-Benz and BMW in the price-hike race. All these...