Honda Atlas Cars Limited (HACL) on Monday increased prices across its entire line-up, with the hike going as high as Rs550,000 for the popular Honda Civic RS. The automaker cited exchange rate volatility and an increase in production costs as the reasons behind the latest price revision.
“Keeping in view the uncertain economic conditions, inflation in material costs, and volatility of forex, HACPL was compelled to pass part of this adverse impact through a price increase,” Honda said in a notice sent to dealerships.
Here are the new prices:
|Variants||Old Prices||New Prices||Difference|
|City MT 1.2L||Rs3,769,000||Rs4,069,000||Rs300,000|
|City CVT 1.2L||Rs3,899,000||Rs4,199,000||Rs300,000|
|City CVT 1.5L||Rs4,139,000||Rs4,449,000||Rs310,000|
|City Asp MT 1.5L||Rs4,299,000||Rs4,629,000||Rs330,000|
|City Asp CVT 1.5L||Rs4,479,000||Rs4,799,000||Rs320,000|
|BR-V CVT S||Rs4,939,000||Rs5,299,000||Rs360,000|
|Civic 1.5L M CVT||Rs6,349,000||Rs6,849,000||Rs500,000|
|Civic 1.5L Oriel M CVT||Rs6,599,000||Rs7,099,000||Rs500,000|
|Civic RS 1.5LL CVT||Rs7,549,000||Rs8,099,000||Rs550,000|
The new prices are applicable as of January 23, 2023.
Honda City variants’ prices have been raised from Rs300,000 to Rs330,000. The base model of the City (Manual) 1.2L witnessed its price increase from Rs3.769 million to Rs4.069 million.
The price of the Honda City Aspire Manual 1.5L rose from Rs4.139 million to Rs4.449 million.
Honda Atlas raised the price of the Honda BR-V CVT S by Rs360,000 to Rs5.299 million. Additionally, the price of Honda HR-V variants rose by Rs400,000. HR-V VTI and HR-V VTI S models now cost Rs6.399 million and Rs6.599 million, respectively, after the latest price increase.
Read more: Suzuki cars latest prices
The company jacked up the price of popular Honda Civic variants by Rs500,000 to Rs550,000. The price of the Civic RS 1.5L LL CVT rose from Rs7.549 million to Rs8.099 million.
Earlier, Toyota Indus Motor Company also increased prices across its entire lineup with a hike in the range of Rs280,000 to Rs1,210,000.