“We plan to hike prices across our models ranging between 1-2 percent from January,” a Honda Cars India Ltd (HCIL) spokesperson told PTI.
The company is taking the hike due to increase in the cost of base metals, the spokesperson added.
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HCIL sells models ranging from hatchback Brio with price starting at Rs 4.66 lakh to Accord Hybrid priced at Rs 43.21 lakh (ex-showroom Delhi).
Earlier this month, Isuzu had announced to increase prices of its models by up to Rs 1 lakh.
The company sells models ranging from adventure utility vehicle V-Cross with price starting at Rs 13.31 lakh to premium SUV mu-X priced up to Rs 25.8 lakh (ex-showroom Delhi).
Last month, Skoda Auto India announced that it will hike prices of its vehicles by 2-3 percent across the entire model range from January 1.