Good news for the moment? Honda Car Philippines Inc. (HCPI) promises that there won’t be any price hike because of the low supply of car parts coming from Japan.
However, they won’t say until when the price will remain at the same rate.
“Everything is unstable at the moment,” Natsume said. Aside from the shortness in supply, he noted that the price will be dependent on foreign exchange, prices of materials and oil.
So if you’re thinking of buying that Honda vehicle, you’d better do it now as the prices of its cars may go up in the coming months.