After Toyota Indus Motor Company (IMC), Honda Atlas Cars Limited (HACL) hasalso increased the prices of its cars. The company has cited mountinginflation and local currency depreciation as the reasons for the hike.
Effective immediately, the new prices are as follows:Models Old Price (Rs.) New Price (Rs.) Increase (Rs.)City 1.2 M/T 3,769,000 4,069,000 300,000City 1.2 CVT 3,899,000 4,199,000 300,000City 1.5 CVT 4,139,000 4,449,000 310,000City Aspire 1.5 M/T 4,299,000 4,629,000 330,000City Aspire 1.5 CVT 4,479,000 4,799,000 320,000Civic 1.5T M-CVT 6,349,000 6,849,000 500,000Civic Oriel 1.5T M-CVT 6,599,000 7,099,000 500,000Civic RS 1.5T LL-CVT 7,549,000 8,099,000 550,000HR-V VTi 1.5 5,999,000 6,399,000 400,000HR-V VTi S 1.5 6,199,000 6,599,000 400,000BR-V S 1.5 4,939,000 5,299,000 360,000
Earlier, Toyota IMC and Sazgar Engineering Works Limited (SEWL) increasedthe prices of some of their cars, possibly sparking the current wave ofprice hikes.
