Honda Announces Another Price Hike for City and Civic

Honda Announces Another Price Hike for City and Civic

Honda Atlas Cars Limited (HACL) has hiked its car prices for the third time in 2022. HACL, like Toyota Indus Motors, has cited rising raw material costs and a falling local currency as reasons for the price increase.

HACL, like other automakers, will implement the revised prices on the following conditions:

  • Those who reserved a car before April 30 will be charged the old fees.
  • Buyers of the Honda City and BR-V with backorders dated April 30 must pay fully by June 30 to receive the former rates.
  • After the price increase, those who reserve new Honda vehicles will be charged the increased prices.
  • The rates do not include transportation costs.

Effective immediately, the new prices are as follows:

Models Current Prices (Rs.) Revised Prices (Rs.) Price Increase (Rs.)
City 1.2L MT 3,129,000 3,264,000 135,000
City 1.2L CVT 3,249,000 3,389,000 140,000
City 1.5L CVT 3,446,000 3,589,000 143,000
1.5 L Aspire MT 3,579,000 3,729,000 150,000
1.5 L Aspire CVT 3,749,000 3,899,000 150,000
Civic 1.5T M-CVT 5,399,000 5,549,000 150,000
Civic Oriel 1.5T M-CVT 5,649,000 5,799,000 150,000
Civic 1.5T RS LL-CVT 6,499,000 6,649,000 150,000
BR-V 1.5 iVTEC S 4,079,000 4,249,000 170,000

Another wave of price hikes has already claimed two victims, which means that more price hikes are imminent.