Honda Announces Price Increases for Six Models Effective July 27th
Honda has officially revealed its decision to raise prices on six of its models, including the N-WGN, N-ONE, N-VAN, Fit, Vezel, and Civic. The price adjustments, ranging up to 120,000 yen, are set to take effect from late July. Stay updated on the latest developments in Honda’s pricing strategy.Honda has recently announced its decision to revise the prices of six models, namely the N-WGN, N-ONE, N-VAN, Fit, Vezel, and Civic. The price adjustments will come into effect starting from July 27th. Among the six models, three fall under the category of light vehicles.
The N-WGN, a second-generation light tall wagon introduced in 2019, is equipped with Honda Sensing as standard and features a friendly design and advanced driving support. In the upcoming revision, the prices for each grade will be increased by 19,800 yen (including consumption tax), ranging from 1,317,800 yen to 1,722,600 yen. The “custom” model, which includes aero parts, will see a price increase of 35,200 yen.
Positioned as a basic model in the N series, the N-ONE offers a sporty “RS” grade with a charming design, turbo engine, and a 6-speed manual transmission. The revised prices for the N-ONE will range from 1,662,100 yen to 2,085,600 yen, representing a uniform increase of 62,700 yen across all grades.
The N-VAN, an N-series commercial van known for its impressive loading capacity that can be fully flattened from the luggage space to the front passenger seat, will undergo a price increase ranging from 61,600 yen to 86,900 yen, depending on the grade. This will result in new prices ranging from 1,337,600 yen to 1,959,100 yen.
Moving on to the ordinary car models, the Fit, Honda’s flagship compact car in its fourth generation since its release in 2020, offers four variations with distinct interior and exterior designs. The revised prices for the Fit will range from 1,624,700 yen to 2,718,100 yen, with price increases ranging from 31,900 yen to 70,400 yen. Additionally, the number of grades under 2 million yen will be reduced from six to four.
The Vezel, Honda’s popular crossover SUV and flagship model, is currently in its second generation, released in 2021. As part of the price revision, the prices for the Vezel will be uniformly increased by 119,900 yen, resulting in a new price range of 2,399,100 yen to 3,418,800 yen.
The Civic, a long-selling model that has been on the market since 1972 and now in its 11th generation, debuted in 2021 with a 5-door hatchback body type. The price revision for the Civic will lead to price increases ranging from 40,700 yen to 50,600 yen, changing the prices from 3,240,600 yen to 3,980,900 yen. (Note: There was an error in the original price information for the Civic, and a correction was partially released on June 27th.)
Honda has attributed this price revision to the global surge in raw material prices and logistics costs, which have significantly impacted the automotive industry. As a result, Honda aims to sustain its commitment to delivering high-quality vehicles while navigating the current economic challenges.Customers planning to purchase Honda models affected by the price adjustments are advised to consider making their purchases before the late July implementation date to take advantage of the existing pricing structure. Stay tuned for further updates from Honda regarding the specific models and detailed pricing adjustments.
As the automotive landscape continues to evolve, Honda remains dedicated to providing reliable, efficient, and technologically advanced vehicles, ensuring customer satisfaction and driving enjoyment.