New Delhi, Dec 3: Honda Automobiles India plans to extend costs of its automobiles from January in an effort to partially offset the influence of driving enter prices, in accordance with a senior firm official.
The Japanese carmaker sells three fashions — Elevate, Metropolis and Amaze — within the Indian market.
In an interplay with PTI, Honda Automobiles India Vice President (Advertising and Gross sales) Kunal Behl mentioned the corporate will improve the costs of its fashions from subsequent month on account of strain on enter prices.
“The model-wise quantity of improve will probably be finalised by the tip of this month. Our new mannequin Elevate which was launched at an introductory value has been nicely acquired by the market with very excessive buyer consideration. The introductory value will probably be legitimate until December 23 and value will probably be revised from January 2024,” he famous.
Maruti Suzuki, Mahindra & Mahindra and Audi India have additionally introduced plans to hike costs of their passenger automobiles in January 2024 citing causes, together with price strain pushed by total inflation and elevated commodity charges.
In addition to, Tata Motors and Mercedes-Benz India are mulling growing the costs of their fashions from January. (PTI)
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