With effect from February 4, Honda Atlas Cars Pakistan Ltd (HACPL) increased the price of a number of models by Rs260,000–55,000.
The company informed its authorised dealers of the new price increase—the second in as many weeks—in a letter.
In a previous notification, the automaker gave two major justifications for its decision to raise prices by up to Rs550,000: inflation in material costs and forex volatility. This time, Honda Atlas made no such justifications.
City MT and CVT now cost Rs4.3 million and Rs4.5 million, respectively, an increase of Rs560,000 and Rs570,000. 1.5L City CVT, 1.5L
Aspire MT and 1.5L Aspire CVT will now sell at Rs4.7 million, Rs4.9 million, and Rs5.1 million, showing a jump of over Rs600,000 per vehicle.
With an increase of Rs710,000, the price of BR-V CVT has been fixed at Rs5.64 million.
Here’s a breakdown of the price:
Variants |
Old Prices23.01.2023 |
News Prices04.02.2023 |
Difference |
|
City MT 1.2L |
Rs4,069,000 |
Rs4,329,000 |
Rs260,000 |
|
City CVT 1.2L |
Rs4,199,000 |
Rs4,469,000 |
Rs270,000 |
|
City CVT 1.5L |
Rs4,449,000 |
Rs4,739,000 |
Rs290,000 |
|
City Asp MT 1.5L |
Rs4,629,000 |
Rs4,939,000 |
Rs310,000 |
|
City Asp CVT 1.5L |
Rs4,799,000 |
Rs5,119,000 |
Rs320,000 |
|
BR-V CVT S |
Rs5,299,000 |
Rs5,649,000 |
Rs350,000 |
|
HR-V VTI |
Rs6,399,000 |
Rs6,799,000 |
Rs400,000 |
|
HR-V-VTI S |
Rs6,599,000 |
Rs6,999,000 |
Rs400,000 |
|
Civic 1.5L M CVT |
Rs6,849,000 |
Rs7,299,000 |
Rs450,000 |
|
Civic 1.5L Oriel M CVT |
Rs7,099,000 |
Rs7,599,000 |
Rs500,000 |
|
Civic RS 1.5LL CVT |
Rs8,099,000 |
Rs8,649,000 |
Rs550,000 |
Amid the ongoing economic crisis, Pakistan’s automobile sector has been hit hard owing to problems with the opening of letters of credit, arising due to the rapidly depleting foreign exchange reserves and weakening rupee.
— The total prices have been taken from JS Global, who have calculated the prices from the Honda notification
