Honda, Renault to Hike Car Prices: Key Date Announced

Quick Summary

• honda Cars Price Hike:

– Honda Cars India announced a price revision for its entire model lineup starting April 2025.
– Reasons cited: rising input costs,increased commodity prices,and higher operational expenses.- No clarification yet on the percentage of the price hike.

• Renault Price Hike:

– renault India will increase prices by 2% across its variant lineup from April 2025.
– The last price revision was two years ago in 2023.
– CEO Venkatram Mamillapalle stated that rising input costs necessitated this change despite holding off for “a considerable time.”

• Other Automakers’ Announcements:

– Maruti Suzuki: A 4% price hike from April, varying by model and variant.
– Kia India: A 3% price increase beginning April.
– Tata Motors: announced intention to revise prices but did not reveal specific details regarding hikes or affected variants.

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