Honda to raise prices of Brio, Jazz, City cars Prices going to increase?

Honda to raise prices of Brio, Jazz, City cars Prices going to increase?

Honda to raise prices of Brio, Jazz, City cars

REUTERS - Honda Motor Co will raise the price of its three most popular cars in India by as much as 2.6 percent from October 1 due to rising input costs, high inflation and the impact of a recent hike in diesel prices, the Japanese carmaker's Indian unit said.

My View; in India if the price increased than it will reduce the sales. already Government of India hiked Diesel Price. Petrol Price is also hiked. 

already Toyota last its Huge business share in Indian market after the Nuclear Plant damages and tsunami hit at Japan.

Rover and Benz were targeting to the highest in sales. so act accordingly is the opinion.

Thanks.

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