Honda Motor Co will raise the price of its three most popular cars in India by as much as 2.6 percent from October 1 due to rising input costs, high inflation and the impact of a recent hike in diesel prices, the Japanese carmaker’s Indian unit said.
[caption id=“attachment_466713” align=“alignleft” width=“380”]  Reuters[/caption]
The prices of Honda’s Brio, Jazz and City cars will be increased by 0.2 to 2.6 percent, the company said in a statement on Monday, without providing further details.
India’s monthly car sales fell in August for the first time in ten months, as a gloomy economic outlook and high interest rates dampened demand.
Reuters


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