Honda Amaze Prices Revised
Honda cars India that launched their first diesel car Amaze in India a couple of months back, has now hiked its price by upto Rs 8,000. Honda that revised the prices of City, Brio and Accord in April, has now increased the prices of Amaze and CR-V. The CR-V prices have now gone up by Rs 6,000-14,000, depending upon the variant.
Speaking about the Honda's two phase price hike, Janeshwar Sen, Senior VP-Marketing and sales, Honda said, "We raised prices of the City (Rs 3,000), Brio (Rs 2,000-10 ,000) and Accord (Rs 5,000) in April and followed it up with a Rs 3,000-8 ,000 increase in Amaze prices and Rs 6,000-14 ,000 hike in CRV prices effective June 1."
Clearing that Honda isn't looking for yet another price hike due on account of currency fluctuation, he further said, "So we're not looking at another round of price increases just yet." He said that short-term volatility s covered by forward contracts. And only ver few car makers have big ticket dollar imports. Like Honda only imports a few parts for the Accord from the US, "Our larger imports are either from Japan or from Thailand and if the yen and the baht also depreciate vis-a-vis the dollar, the rupee movement will be neutralized," says Sen.
So, the mass products from Honda won't see any price hike any soon. This is all what we have for now, stay tuned to CarDekho for all the latest updates on the same. Cheers!
Source: ET
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