Comments
Honda Cars India plans to raise prices of its entry-level compact sedan, Amaze by up to ₹12,000 in order to offset the impact of increase in production cost owing to upcoming stricter emission norms from next month.
The price increase will vary depending on different trims of the model.
"We will increase Amaze prices by up to ₹12,000 with effect from April 1 to factor in the rise in the production cost due to the upcoming stringent emission norms," Honda Cars India Vice President Marketing & Sales Kunal Behl told PTI.
Also read: With sustained growth, Honda Cars bets big on Indian market
The company would not be altering the prices of its mid-sized sedan, City, he added.
The Indian automobile industry is currently working to make their products meet the second phase of BSVI.
From April 1, vehicles will need to have an on-board self-diagnostic device to monitor the real-time driving emission levels.
Also read: KPIT Tech partners with Honda on software-defined mobility
The device will constantly monitor key parts for meeting emission standards, such as the catalytic converter and oxygen sensors to keep a close watch on emissions.
On March 22, Hero MotoCorp announced that it will increase prices of its model range by around 2 per cent from next month. Similarly, Tata Motors has announced that it will be increasing the prices of commercial vehicles by up to 5 per cent from April 1, 2023.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.