Honda to raise car prices, and Jazz launch soon. EDIT : Jazz spotted testing on pg.14

Guna · 9th March 2009, 16:35

Quote:

Originally Posted by amit

I think you must be driving a CBU then. You are sadly mistaken if you think that the poor interior quality in the City is because of localization.

That is right. There will not be any vissible difference in the quality of interiors due to localisation. It is the same mould and as long as they use the same grade of plastics and pigments it will look the same.
From the pictures I see, the plastic trims look the same muted beige even in ANHCs sold in other countries. But they have done away with many features to bring the cost down (relatively I mean)

csnanjappa · 9th March 2009, 16:41

Quote:

Originally Posted by Guna

what I read in magazines is, there will be 1.3 i-vtec to begin with and may be a 1.5 a year later.

Not 1.3i-vtec its
1.2i-vtec(confirmed) , only 1.2 petrol engines benefit from excise duty

sidindica · 9th March 2009, 20:03

prices are increased from 30,000 to 3,54,000 on the CR-V

Honda Car India : Press Releases

harry10 · 9th March 2009, 21:19

Quote:

Originally Posted by sidindica

prices are increased from 30,000 to 3,54,000 on the CR-V

Honda Car India : Press Releases

So in other words Linea, fiesta and Sx4 have become more cheaper in comparisons with ANHC

Am glad they raised the price of CRV by 3,54,000, It was way underpriced

Vid6639 · 9th March 2009, 23:22

They should have added some features so that people don't feel the pinch that much.

ANHC should have had climate control if not alloys for the 30-35K increase.

Civic should have been freshened up with the facelift variant for 60K.

Accord should have had xenons, steering mounted audio controls, sunroof and auto headlamps and wipers for the 1L price increase.

entropy · 10th March 2009, 01:08

Nice !! Way to go Honda.

The 100 yen question is whether these increased prices would be restored to old levels once yen declines to 37-38 per 100 as several months back ? Any guesses.

loving_alaap · 10th March 2009, 11:47

Dear all Honda lovers,

A shocking news from Honda (India),

According to today's Times of India, Honda is massively increasing prices of all cars, from 1st April. (See pics)

So now,
ANHC will cost 30,000 rs to 35,000 rs more
Civic will cost 50,100 rs to 63,000 rs more
Accord will cost 1,00,000 rs to 1,01,000 rs more
CR-V will cost 3,54,000 rs more

Honda is giving senseless reason of fluctuation the exchange rate (which is not new, its for a year now)

Or, may be because of car sales zoom at 22% in Feb this month, Honda has hiked the prices. (See 3rd & 4th pics, source: Same today's TOI)

Once care sales are back to normal, All company might follow Honda & they will remove all the discounts.

Common Honda, you are already taking a hefty premium from Indian customers, how can you do this.

So, Honda lovers, get your Honda now or never

.

Because after 1st April you will be crying while paying lots of Zeros to Honda.

you have to spend same amount to buy a 1 segment lower Honda compare to other higher segment cars.

Mod's note: Thread merged with existing topic

vnabhi · 10th March 2009, 11:50

This has already been predicted and covered in another thread.

sj_koova · 10th March 2009, 11:52

CR-V is going to be history soon

csnanjappa · 10th March 2009, 11:52

But to reach those old levels it would take ages i guess , better make use of low interest rates from PSU's and migrate the price increase. No one as a clue has to whether when will dollar reach the 40 levels.

amit · 10th March 2009, 12:12

Wouldn't people waiting for their new Honda's have to pay at these current prices? Sales agreements of all car makers clearly say "prices prevelant at the time of delivery shall be final". Correct me if I am wrong in that understanding? Wouldn't that piss off Honda's prospective owners, specially City buyers since they would be more price sensitive?

But good going by Honda. Shows how confident they are that no matter what Indian buyers will line up to buy their products.

Whats going to happen is with the City prices being jacked up by minimum 10K, people will get impressed with Honda's brilliant pricing for the Jazz! And as usual, Honda will laugh all the way to the bank.

EDIT Just saw that City prices are up by a minimum of Rs.30,000!! Base model is now Rs.7.81 lacs ex-showroom!

It will be interesting to see Honda's sales for April and specially May. I forsee Honda sales getting stronger despite this. Let's have a poll on this shall we?

karanraheja · 10th March 2009, 12:24

Quote:

Originally Posted by amit

Wouldn't people waiting for their new Honda's have to pay at these current prices? Sales agreements of all car makers clearly say "prices prevelant at the time of delivery shall be final". Correct me if I am wrong in that understanding? Wouldn't that piss off Honda's prospective owners, specially City buyers since they would be more price sensitive?

I will be booking the City soon , after already increasing my budget. Now i have to increase it further. If i book now , ill get delivery only in April. Since prices are effective from April 1st. I will end up paying 30k more

. Seriously it surely a rip off. Only if Toyota had brought the Vios sedan.

sushrutha · 10th March 2009, 12:24

Quote:

Originally Posted by sj_koova

CR-V is going to be history soon

I agree with you here
Honda CRV AT is almost 20L Ex showroom in Bangalore & now add another 3.5L that's whopping 23.5L Ex showroom(On road 26L ??) for a petrol SUV definetely ppl will think more before they CR-V henceforth
Honda you gotta seriously think about the future of CRV

sparkplug · 10th March 2009, 12:25

So what Honda means to say is the Top Model of City today is equivalent (~10%) to the Base Model of Civic 3 years back ?

I have been ardent fan of Honda Cars and majorly disappointed by their pricing strategy. They just know how to 'rip' off Indian consumers.

Honda / Toyota manage to get an excuse that the localization in cars is 50-60% and rest of the components are imported. And they say - "we are serious about the Indian Market"

Guys - if you are serious about Indian market and have manufacturing plants in India since last 10 years... why not get these components done in India? The cars will be cheaper by 30%-40%.

What do you all have to say about this?

Otherwise Hail Linea (Fiat) & Maruti Suzuki for showing what is value for money.

Nitronium · 10th March 2009, 12:39

Quote:

Originally Posted by amit

The correct statement should be 'Honda has another winnder on hands, even if they price it obscenely'

(I better duck for cover now!)

Hehe. True though. The only other competition currently is the i20 and the Fabia

Most buyers would rather spend their money on a Honda than a Hyundai for the kind of brand image that is associated with the company. Having said that, Hyundai, internationally is trying very hard to portray itself as a quality car manufacturer. The i20 IMO still looks better than the Euro Jazz. I highly doubt the same body will make it here

Fabia? High spares cost and maintenance should make buyers think twice. But on the other hand, you get a diesel and solid German build quality. Purely subjective to taste

I feel Honda will move large numbers no matter what

9th March 2009, 20:03	#78
sidindica Senior - BHPian Join Date: Jun 2007 Location: Delhi Posts: 4,892 Thanked: 8,116 Times	prices are increased from 30,000 to 3,54,000 on the CR-V Honda Car India : Press Releases
	() Thanks

9th March 2009, 23:22	#80
Vid6639 Team-BHP Support Join Date: Jul 2006 Location: Bangalore Posts: 17,730 Thanked: 43,483 Times View My Garage	They should have added some features so that people don't feel the pinch that much. ANHC should have had climate control if not alloys for the 30-35K increase. Civic should have been freshened up with the facelift variant for 60K. Accord should have had xenons, steering mounted audio controls, sunroof and auto headlamps and wipers for the 1L price increase.
	() Thanks

10th March 2009, 01:08	#81
entropy BHPian Join Date: May 2007 Location: Lost Posts: 405 Thanked: 51 Times	Nice !! Way to go Honda. The 100 yen question is whether these increased prices would be restored to old levels once yen declines to 37-38 per 100 as several months back ? Any guesses.
	() Thanks

10th March 2009, 11:47	#82
loving_alaap BHPian Join Date: Sep 2007 Location: Ahmedabad Posts: 808 Thanked: 9 Times	Breaking news: Massive price hikes on all Honda (India) cars, upto 3,54,000 Rs! Dear all Honda lovers, A shocking news from Honda (India), According to today's Times of India, Honda is massively increasing prices of all cars, from 1st April. (See pics) So now, ANHC will cost 30,000 rs to 35,000 rs more Civic will cost 50,100 rs to 63,000 rs more Accord will cost 1,00,000 rs to 1,01,000 rs more CR-V will cost 3,54,000 rs more Honda is giving senseless reason of fluctuation the exchange rate (which is not new, its for a year now) Or, may be because of car sales zoom at 22% in Feb this month, Honda has hiked the prices. (See 3rd & 4th pics, source: Same today's TOI) Once care sales are back to normal, All company might follow Honda & they will remove all the discounts. Common Honda, you are already taking a hefty premium from Indian customers, how can you do this. So, Honda lovers, get your Honda now or never. Because after 1st April you will be crying while paying lots of Zeros to Honda. you have to spend same amount to buy a 1 segment lower Honda compare to other higher segment cars. Mod's note: Thread merged with existing topic Attached Thumbnails Last edited by theMAG : 10th March 2009 at 12:51.
	() Thanks

10th March 2009, 11:50	#83
vnabhi Senior - BHPian Join Date: May 2007 Location: DC -> DC Posts: 5,958 Thanked: 2,393 Times View My Garage	This has already been predicted and covered in another thread.
	() Thanks

10th March 2009, 11:52	#84
sj_koova BHPian Join Date: Jan 2008 Location: Bangalore Posts: 673 Thanked: 620 Times View My Garage	CR-V is going to be history soon
	() Thanks

10th March 2009, 11:52	#85
csnanjappa BHPian Join Date: Mar 2009 Location: Bangalore Posts: 296 Thanked: 152 Times View My Garage	But to reach those old levels it would take ages i guess , better make use of low interest rates from PSU's and migrate the price increase. No one as a clue has to whether when will dollar reach the 40 levels.
	() Thanks

10th March 2009, 12:12	#86
amit Senior - BHPian Join Date: Feb 2004 Location: Mumbai Posts: 3,717 Thanked: 449 Times	Wouldn't people waiting for their new Honda's have to pay at these current prices? Sales agreements of all car makers clearly say "prices prevelant at the time of delivery shall be final". Correct me if I am wrong in that understanding? Wouldn't that piss off Honda's prospective owners, specially City buyers since they would be more price sensitive? But good going by Honda. Shows how confident they are that no matter what Indian buyers will line up to buy their products. Whats going to happen is with the City prices being jacked up by minimum 10K, people will get impressed with Honda's brilliant pricing for the Jazz! And as usual, Honda will laugh all the way to the bank. EDIT Just saw that City prices are up by a minimum of Rs.30,000!! Base model is now Rs.7.81 lacs ex-showroom! It will be interesting to see Honda's sales for April and specially May. I forsee Honda sales getting stronger despite this. Let's have a poll on this shall we? Last edited by amit : 10th March 2009 at 12:24.
	() Thanks

10th March 2009, 12:25	#89
sparkplug BHPian Join Date: Oct 2008 Location: Mumbai Posts: 42 Thanked: Once	So what Honda means to say is the Top Model of City today is equivalent (~10%) to the Base Model of Civic 3 years back ? I have been ardent fan of Honda Cars and majorly disappointed by their pricing strategy. They just know how to 'rip' off Indian consumers. Honda / Toyota manage to get an excuse that the localization in cars is 50-60% and rest of the components are imported. And they say - "we are serious about the Indian Market" Guys - if you are serious about Indian market and have manufacturing plants in India since last 10 years... why not get these components done in India? The cars will be cheaper by 30%-40%. What do you all have to say about this? Otherwise Hail Linea (Fiat) & Maruti Suzuki for showing what is value for money.
	() Thanks