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What is Honda Vehicle Price Hike Announcement about?

Honda plans to increase vehicle prices in India starting in January 2021. The automaker sells a range of vehicles from compact sedans to premium SUVs. A Honda dealer confirmed the price hike is due to rising input costs and currency impact. Other automakers like Renault, Maruti Suzuki, Ford, and Mahindra have also announced plans to increase prices in January to offset higher raw material and commodity prices.

Author

Anup

Language

EN