Honda recently announced that the price of their entire model range in India is going to increase. The hike is expected to be Rs 10,000 on SUVs and Rs 7,000 for rest of the cars. The revised prices will come into effect from 1 February 2019.
Honda Cars line up in India consists of Brio, Amaze, Jazz, WR-V, City, BR-V, CR-V and Accord hybrid. Manufacturers blame rising input costs, external economic factors like poor foreign exchange rates for increasing the price of their products.
Honda had recently launched a new top-end ZX trim to their City sedan. The ZX trim is only available with petrol manual variant. Last year they had launched their SUV CR-V with a diesel engine for the first time. It is powered by a 1.6L turbocharged diesel engine that produces 118 Bhp & 300Nm torque. The CR-V was launched at a price of Rs 28.15 lakh ex-showroom, Delhi and its main rivals are Toyota Fortuner and Ford Endeavour.
Another highly anticipated car from Honda will be the all-new Civic which will be launched in India next month. It is a enthusiast’s delight, the Civic is likely to get a 1.8L V-TEC petrol engine and a 1.6L diesel engine. The petrol engine will generate around 140 Bhp and 174 Nm of torque and diesel engine will also be will produce a maximum of 120 Bhp and 300Nm of torque. However, there is much speculation around the expected price of the vehicle which can make or break it in the flagging D-segment sedan market. This segment suffered massively with the introduction of compact SUVs such as the Hyundai Creta and the Renault Duster on one end, and the Mahindra XUV500 on the other. Tata Harrier, upcoming 5-seater SUV, has the potential to destroy this market for good. Honda will need to be extremely careful in their pricing for the Civic to ensure that it is not dead on arrival.
The Japanese automaker is also working on a brand new affordable hybrid car for Indian market, which it will be launching in the next three years. Possibility is that this hybrid technology is likely to be introduced to the next generation Honda City. Current generation City is available with a 1.5L i-VTEC petrol and 1.5L i-DTEC diesel engine. The petrol engine produces 117Bhp and 145 torque and diesel engine makes a maximum of 98.6 Bhp and 200Nm of peak torque. The petrol variant gets a 5-speed manual and a 7-speed CVT transmission whereas the diesel comes with a 6-speed manual only. The recently launched top end petrol ZX variant of city is priced at Rs 12.75 lakhs, ex-showroom Delhi.