Honda India might hike prices of cars in January

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December 1st, 2008 Leave a comment Visited 27 times, 2 so far today

Honda India might hike prices of cars in January

Honda Siel Cars India has said that they might have to hike the prices of their models once again in January next year.

The company is struggling with higher raw material costs which makes it complicated for them to offer their products at the current prices.

Company President and CEO Masahiro said in a statement: “We will not be able to manage the pressure after December.”

Honda City could avoid this upcoming price hike but their Honda CRV model might see a price hike of around six to seven per cent.





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