Honda to hike prices by up to Rs 10,000

Honda Cars India has announced that it will hike prices of its entire range by up to Rs 10,000.

The hike in prices will come into effect from the first week of April and is expected to affect all Honda cars save for the recently launched WR-V cross hatchback.

Honda has attributed the hike to rising input and freight costs with company's senior VP of sales and marketing Jnaneswar Sen saying, “Due to the increase in freight charges and input costs, we are forced to consider increasing the car prices for most of our models. The increased prices will be effective from the first week of April 2017."

This will be Honda’s second price hike in 2017, with the automaker previously raising prices of its models in January.