Honda Cars India Price Hike: According to a report, Honda is planning to announce a second price increase for its India portfolio. Earlier the brand announced a price hike in January 2024. The upcoming price hike will affect the entire India lineup of Honda which includes Elevate, Amazon and City. Honda Amaze is the most affordable offering of the automaker in India which comes with a price tag of Rs. 7.16 lakh in India. Next comes the Elevate which starts from Rs 11.71 lakh in India. On the other hand, the City eHEV is priced at Rs. 18.89 lakh by the automaker. All prices are ex-showroom.
Though there is no official announcement made by the automaker regarding the price hike, a report mentions that the automaker will announce details by next month.
Honda March 2024 Offers
Meanwhile, Honda is giving special year-end offers for March 2024 to attract customers with alluring discounts. These deals include benefits of up to ₹90,000 on the Amaze and savings of up to ₹50,000 on the Elevate. On the other hand, the Honda City leads the pack when it comes to discounts, with savings of up to ₹1.20 lakh available in March 2024.
Honda Cars India Price Hike January 2024
Earlier this year in January 2024, Honda increased the price of its subcompact SUV, Elevate by up to Rs 58000 which was the first price hike for Elevate since its India debut. After the last price rise, the Elevate price tag for the base variant reached to 11.58 lakh and now it goes up to Rs. 16.48 lakh for the top-end model of the SUV. All prices are ex-showroom (Delhi).
The automaker is implementing price hikes because of the increased cost of production and raw materials such as steel. Honda’s price hike reports are consistent with the automaker’s earlier announced plans to increase the price hike
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