Honda lovers, pay attention! You will have to pay more for your car now

To offset the impact of adverse exchange rate, which has resulted in higher input costs to the company, Honda India has decided to increase prices of its vehicles by up to Rs 6,000 from next month onwards.

It was in this month itself that the company had increased the prices of its vehicles by up to Rs 79,000, because of the infrastructure cess proposed in Union Budget 2016-17.

There are six models that the company sells in India, ranging from its hatchback Brio that starts at Rs 4.31 lakh to SUV CRV, which is priced up to Rs 26 lakh (ex-showroom Delhi).

"We are planning to hike prices of our entire product range from the first week of April 2016 to partially offset impact of adverse exchange rate resulting in increase input cost," said a Honda Car India spokesperson.

Details of price hikes in the individual models are yet to be finalized.

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