Honda decreased prices of City ZX & Civic

Honda Siel Cars India has decreased prices on its best selling sedan City ZX and Civic upto Rs. 5,000. It has effectives from first of June, 2008. Mid-sized sedan City will be cheaper by Rs 3,000, while Civic will be cheaper by Rs 5,000.

Before the cut, City was priced between Rs 6.80 lakh and Rs 8.65 lakh, while Civic cost between Rs 10.91 lakh and Rs 12.41 lakh.

"We have received notification from the government on the central sales tax cut from 3% to 2% announced in the Budget. Hence we are reducing the prices of our models City and Civic to pass the benefit to consumers," a Honda Siel Cars India official said.

Everybody has surprised to know that Honda has cut prices of those sedan models, while the all makes are increasing prices like India number one make Maruti Suzuki India had increased prices upto Rs. 18,000 and second largest manufacturer Hyundai Motor India also going to increase prices this week.