Honda Siel Cars India, leading manufacturer of premium cars in India announced a reduction in the prices of its models – Accord and CR-V by Rs. 5,000.
The prices have been revised following the lowering of specific excise duty by the Government on large cars of engine capacity of 2000cc and above from Rs. 20,000 to Rs. 15,000 announced in the Union Budget 2009 – 10. The new prices will be applicable with immediate effect.