Honda is preparing to increase the prices of cars from January

Japan’s automobile company Honda has planned to increase the prices of all its cars from next month. The company’s cars can cost up to Rs 30,000. The company’s cost has gone up due to rising raw material costs and manufacturing cars to meet the upcoming stringent emission norms. Because of this it is increasing the prices. Earlier, Maruti Suzuki, Hyundai, Tata Motors, Mercedes-Benz, Audi, Renault, Kia and MG Motor had announced to increase the prices of their vehicles from January.

Kunal Behl, Vice President (Sales & Marketing), Honda Cars India Unit, said, “We will have to increase the prices of the vehicles after assessing the cost of raw materials and upcoming regulatory requirements.” The second phase of BS VI emission regulations is to come into effect from April next year. Under this, vehicles will have to be fitted with a device that will monitor the emission levels in real time. Apart from this, programmed fuel injectors will have to be installed to control the use of fuel in vehicles. This will control the amount of fuel going into the petrol engine. Along with this, the semiconductor used in the vehicle will also have to be upgraded.

Maruti Suzuki will launch its cars from the beginning of next year. prices Preparing to scale up. The company said that it had to take this decision due to increase in cost due to inflation and recent regulatory rules. In the September quarter, the company’s net profit grew almost four times to over Rs 2,061 crore. The company said in a regulatory filing, “Due to inflation and recent regulatory rules, the company is under cost pressure.

Because of this, it has become necessary to reduce some of its weight by increasing the price. The company has planned to increase the price from January next year. It will differ according to the models of the cars.” Some other automobile companies may also increase the prices of their cars. Two-wheeler maker Hero MotoCorp has also announced an increase in the prices of bikes and scooters. Maruti Suzuki in November sale increased to about 1.60 lakh units. This is an increase of about 15 percent compared to the same month last year.

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