Car maker Honda Siel Cars India will increase the prices of its two sedans City and Civic between Rs 5,000 and Rs 10,000 by next month.
A company official said the rising steel prices and other input costs have put immense pressure, which the company has been trying to absorb.
“But it has reached a stage where we have to pass on a part of it to the customers,” the official said.
The increase of the prices would be in the range of Rs 5,000 and Rs 10,000 across different variants of the two models