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Honda vehicles turn costlier

Honda Siel Cars India on Monday announced an increase of Rs 30,000 to Rs 101,000 in prices of its various models, to mitigate the impact of a cheap rupee on import costs, reports HT Correspondent.

business Updated: Mar 09, 2009 22:21 IST
HT Correspondent
HT Correspondent
Hindustan Times
Hindustantimes

Honda Siel Cars India on Monday announced an increase of Rs 30,000 to Rs 101,000 in prices of its various models, to mitigate the impact of a cheap rupee on import costs.

The Honda CR-V, which is fully imported, will go up by a whopping Rs 3.54 lakh.

The company cited fluctuation in currency as the reason for hike.

The revised prices for City, Civic and CR-V will be effective from April 1, 2009 and for Accord from March 16, 2009.

City 1.5 E MT will now cost, ex-showroom Delhi, Rs 30,000 more at Rs 781,000.

The Accord 2.4MT will cost Rs 1 lakh more at Rs 17.72 lakh, the Civic 1.8 E MT Rs 50,100 more at Rs 10.5 lakh, and the CR-V 2.0MT Rs 23.44 lakh.