<p>Honda Cars India Ltd (HCIL) will increase prices of its vehicles across models by up to 2 per cent from April to offset cost of OBD (on-board diagnostics) compliance and freight increase.<br /><br /></p>.<p>"We we are increasing car prices from April 1, 2013 by an amount of up to 2 per cent. The details are still being worked out," a company official said.<br /><br />The increase in prices will be primarily on account of OBD compliance effective from April 1, 2013 and freight increase, the official added.<br /><br />At present the company sells hatchbacks Brio and Jazz, sedans City, Civic, Accord and sports utility vehicle CR-V with price ranging from Rs 4.1 lakh to Rs 27.38 lakh (ex-showroom Delhi) across the models.<br /><br />The price hike comes at a time when the company witnessing a decline sales in a tough market. HCIL had reported 26.49 per cent decrease in its domestic sales for February 2013 at 6,510 units as against 8,856 units in the same month last year.<br /><br />HCIL is slated to introduce its much-awaited entry-level sedan Amaze in April, which will be the company's first diesel offering in India.</p>
<p>Honda Cars India Ltd (HCIL) will increase prices of its vehicles across models by up to 2 per cent from April to offset cost of OBD (on-board diagnostics) compliance and freight increase.<br /><br /></p>.<p>"We we are increasing car prices from April 1, 2013 by an amount of up to 2 per cent. The details are still being worked out," a company official said.<br /><br />The increase in prices will be primarily on account of OBD compliance effective from April 1, 2013 and freight increase, the official added.<br /><br />At present the company sells hatchbacks Brio and Jazz, sedans City, Civic, Accord and sports utility vehicle CR-V with price ranging from Rs 4.1 lakh to Rs 27.38 lakh (ex-showroom Delhi) across the models.<br /><br />The price hike comes at a time when the company witnessing a decline sales in a tough market. HCIL had reported 26.49 per cent decrease in its domestic sales for February 2013 at 6,510 units as against 8,856 units in the same month last year.<br /><br />HCIL is slated to introduce its much-awaited entry-level sedan Amaze in April, which will be the company's first diesel offering in India.</p>