PETALING JAYA: Honda Malaysia announced that three of its models would see a price hike of about 5% to 9%, effective today.
The affected models are Jazz, City and CR-V.
The anticipated higher prices of selected Honda cars follows the review to the Completely Knocked-Down (CKD) customised incentive.
In general, prices for the City are up by around RM4,600, Jazz by RM5,000 and CR-V by RM12,000.
READ MORE: Honda price hike not a result of current govt policy, says ministry
The smallest change was for the City V variant in White Orchid colour whose price increased by 5.30% to RM91,720. The CR-V 2.0 2WD in Standard colours had the biggest price hike of 9.25% to RM151,100. All prices refer to Honda cars sold in the peninsula.
The customised incentive is different from the earlier-announced excise valuation regulation, which would not affect vehicle prices.
