Honda Car India, announced a price hike following the 2016 Union Budget. Shri. Arun Jaitley, Finance Minister, Government of India had proposed a 1% to 4% infrastructure cess on automobiles in the budget. The price hike is across it’s model range and includes the Brio, Jazz, Amaze, City, Mobilio and the CR-V.
|Model||Increase in Ex Showroom Delhi Price across different variants (Rs)|
|Brio||4,000 ~ 6,000|
|Jazz||5,000 ~ 19,500|
|Amaze||Prices of new Amaze were announced on Mar 3, 2016|
|City||24,600 – 38,100|
|Mobilio||21,800 ~ 37,700|
|CR-V||66,500 ~ 79,000|
India’s largest car manufacturer, Maruti Suzuki had announced a price hike following the budget as well. Unlike Maruti Suzuki’s Ertiga and Ciaz SHVS that remained unaffected from the price hike, all Honda models are now more expensive. While price hike for the Brio is relatively nominal at Rs. 4-6k, the CR-V is worst hit with prices being hiked upto 79k. Honda recently launched the Amaze facelift. The Amaze, priced between 5.29 lakh to 8.19 lakh (ex-showroom, Delhi) already accounts for the raised infra cess.
The Japanese auto-giant plans on launching the BR-V compact SUV and the new - generation of the Honda Accord later this year. While the BR-V will take on the Hyundai Creta and the Renault Duster, the Accord will go up against Toyota Camry and the Skoda Superb.