Honda Atlas has announced that it is increasing the price of the car by Rs 60,000 to Rs 100,000 due to the depreciation of the rupee and the rise in the dollar rate.

After the increase in the prices of various vehicles by Honda, now the increase in the price of 1500 cc car Honda City has also been announced. This has been increased from Rs 60,000 to Rs 70,000, after which the Honda City 1.5L Aspire will be priced at around Rs 2.859 million.

The company said the increase in car prices was in line with the current situation, where the rupee has depreciated and the dollar has strengthened. Honda’s new prices will apply after August 8.

Earlier, Honda had hiked car prices on May 5. In which the value of the dollar against the rupee was 155 to 167 was the reason.