Honda cars to cost Rs 12,000 more

Honda Siel Cars India said on Friday it has hiked the price of its sedans by up to Rs 12,801 owing to increasing input costs.

The company said the price increase on its sedan models City and Civic, to be effective from Saturday, would be at a range of 1 to 1.2 per cent.

While the City variants would see an increase in price between Rs 5,241 and Rs 8,481, variants of the other model Civic would be costlier by Rs 12,801, the company said in a statement.

After the price increase, luxury sedan Civic will come at a range of Rs 10,88,000 to Rs 11,58,000 (ex-showroom Delhi), while Honda City would be available in a range of Rs 6,75,000 to Rs 7,98,000.

The company said the price increase has been necessitated by increasing input costs and other inflationary pressures.

Commenting on the price increase, HSCI Senior GM Marketing Jnaneshwar Sen said, despite the input costs rising steadily for the past two years, the company had not passed them on to the customer.