Honda to increase prices of Brio, Jazz, City cars from Oct 1

Honda Brio 150x150 Honda to increase prices of Brio, Jazz, City cars from Oct 1Latest technology sector news reveals that the Japanese car manufacturer, Honda Motor Co will increase the prices of its three most sale cars in Indian auto market by 2.6% from October 1.

Further, the company’s Indian unit said in a statement that the prices were increased due to hike in inputs costs, high inflation and reason of hike in diesel prices.

It is said in the statement that there will be hike of 0.2% to 2.6% in the prices of Honda’s Brio, Jazz and City. Meanwhile, no further information was given to media by the company.

In the meantime, the monthly car sale in India has dropped in the month of August; this is the first time in past ten months. This is due to a gloomy economic outlook and high interest rates dampened demand.

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