Honda is all set to increase the prices of its vehicles from August. Steel prices have gone up considerably in the country over the last few months. Hence, any rise in steel prices impacts the prices of vehicles, consumer goods, construction costs. The auto major has already effected a price increase in April. On April 16, MSI had announced the weighted average price increase of 1.6% in ex-showroom prices of models.

Source: Mint July 04, 2021 07:01 UTC