Companies are raising the prices of their products due to increment in freight charges. Ford India will also raise the price of its products by April 2017. Previously, Honda Motors announced the increment in the rates of its cars.

As per the reports, the cars will have the hike in 2% by their original rates. Ford India spokesperson broke the 'rate hike'  news in the press statement. This is the second company to raise the price, slowly other companies will also make changes in their prices and marketing scheme.

BMW also announced to raise the price by 1-2% in upcoming days, but till this time, the company hasn't released the confirmed announcement.

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