Honda decreases prices for its models

With the reduction in the CENVAT by the government, Honda Siel Cars India Limited has reduced the prices of its various model variants. The president and the CEO of the company Mr. M.Takedagawa believes that it was a nice comment been made by the government of our nation. According to him it will increadse the customer demands in the market. Further it will also help to increase the growth rate in the automobile industry.
Honda has reduced prices of its model Honda City by around Rs.19,000 to Rs.21,000, but it is not interested in reducing the prices of models like Honda CR-V. Further it has also reduced prices of its one another model named Honda Civic which would cost nearly Rs.29,000 to Rs.31,000 lesser than the existing prices. Honda Accord prices has also been reduced to nearly Rs.27,000 and Rs.28,000.