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Rediff.com  » Business » Honda to hike prices of Brio, Jazz, City

Honda to hike prices of Brio, Jazz, City

September 24, 2012 19:09 IST

Honda Cars India on Monday said it will raise prices of its three models -- Brio, Jazz and City -- by up to 2.6 per cent with effect from October 1, mainly due to rising input costs.

"Honda Cars India Ltd today announced an increase in the price of its volume models - Brio, Jazz and City - in the range of 0.2-2.6 per cent on their current price," the company said in a statement.

The revised prices will be effective from October 1, 2012, it added.

"The prices have been revised due to the rising input costs, inflationary pressures and increase in freight as a result of the increase in diesel prices," the company said.

The existing prices of the small car Brio is priced between Rs 405,000 and Rs 523,000.

The premium compact car Jazz is offered at Rs 585,000 to Rs 641,000.

The company currently sells its flagship sedan City at Rs 725,000 to Rs 10.46 lakh.

All the prices are as per Honda Cars India's official website and are for ex-showroom, Delhi.

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