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Honda cuts prices

Our Special Correspondent

NEW DELHI, JAN. 10. As a result of customs and excise duty cuts announced in the government's mini-budget, Honda Siel Cars India (HSCIL) today announced 2-3 per cent cut in prices of all its car models. Thefirst automobile company to announce a price cut, it says the new prices will be effective from tomorrow.

According to a company release, the Honda City 1.5 EXi would now cost Rs. 6.47 lakhs compared with the earlier price of Rs. 6.67 lakhs and Honda City GXi Rs. 6.97 lakhs against the earlier Rs. 7.07 lakhs. The CVT would now be available for Rs. 7.57 lakhs as compared to the earlier price of Rs. 7.67 lakhs.

These prices are all ex-showroom in New Delhi.

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