This is the second time this year the company has raised prices due to the won’s continued weakness against the yen, the Korea Herald noted.
“Compared to last year, the yen has climbed about 40% and, although the company raised prices by a small margin in January, further price increase is unavoidable,” Honda Korea said.
Prices have been hiked by between KRW3.2m (US$2,100) and KRW8.9m.
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