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Maruti, Honda, Hyundai raise car prices as excise sops withdrawn

Jan 05, 2015    

It is not-so-happy a new year for car buyers in India this year. Prices of the four-wheeler are shooting up after the government decided not to extend the sops for the auto sector, which effectively pushed up excise duty on various models from January 1.Honda Cars India yesterday increased prices of its vehicles by up to a whopping Rs 60,000 citing theexpiry of reduced excise duty and also to offset rising input costs.The company has raised the prices of its entry level car Brio in the range of Rs 15,000 to Rs 18,000 and it will now cost between Rs 4.21 lakh and Rs 6.30 lakh (all prices ex-sho...

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