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Honda Hikes Prices of Newbie Amaze, and New CR-V

Honda had recently launched Amaze and before that all new CR-V in Indian market for a refreshing temptation. Now it is asking dearer prices for both of the model plates claiming additional Rs. 8,000 on Amaze and Rs. 14,000 on new CR-V, due to the unobvious complications of dollar-rupee equation in imports. The Japanese had already revised prices of Brio, City and Accord in April and now it was the turn of remaining monikers to wear new barcodes. It is also learnt that the hike in prices will be applicable depending upon the variant selected.

Confirming more information on same, Janeshwar Sen, senior vice-president, marketing and sales, Honda India said, “We raised prices of the City (Rs 3,000), Brio (Rs 2,000-10,000) and Accord (Rs 5,000) in April and followed it up with a Rs 3,000-8,000 increase in Amaze prices and Rs 6,000-14 ,000 hike in CRV prices effective June 1. So we’re not looking at another round of price increases just yet.”

Honda Amaze
However, it was revealed from the initial days of Amaze launch that carmaker is in the mood to hike price of freshly launched B Segment sedan. The price that it followed in the initial period was to gain a fatter market share, which it had lost in recent times due to the unavailability of diesel engine.

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