KARACHI – After Toyota, Suzuki, and KIA, Honda Atlas has jacked up prices of its entire line-up, with the surge going as high as Rs0.55 million.
In a notice sent to its dealers, the carmaker giant cited local currency devaluation, uncertain economic conditions, and soaring inflation as key reasons behind the surge.
It however maintained that the company has tried its best to pass on minimum impact to its customers.
The price of its most famous Civic 1.5L CVT has increased to Rs 7,299,000 with a price difference of Rs500,000. City 1.2L is now available at Rs4,329,000, and BRV at Rs5,649,000.
The top-of-the-line model of Civic RS1.5 CVT has soared to Rs8,649,000 with an increase of RsRs550,000.
The new prices will come into effect from February 6, the notice said.
The worsening economic crisis badly affected the auto sector as the country’s leading carmaker Suzuki has not produced even a single vehicle in 2023. The other auto giants are also facing the severe impact of the dilapidating situation, witnessing several non-production days every week.
Pakistani rupee inches up against US dollar in the open market on 28 March, 2024.
In the open market, the US dollar was being quoted at 278.4 for buying and 281.4 for selling.
Euro moves down to 299.75 for buying and 302.75 for selling while British Pound hovers around 353.75 for buying, and 357.25 for selling.
UAE Dirham AED remains stable at 75.55 whereas the Saudi Riyal saw minor increase, with new rates at 73.70.
Currency | Symbol | Buying | Selling |
---|---|---|---|
US Dollar | USD | 278.4 | 281.4 |
Euro | EUR | 299.75 | 302.75 |
UK Pound Sterling | GBP | 353.75 | 357.25 |
U.A.E Dirham | AED | 75.55 | 76.3 |
Saudi Riyal | SAR | 73.7 | 74.4 |
Australian Dollar | AUD | 182.9 | 184.7 |
Bahrain Dinar | BHD | 739.61 | 747.61 |
Canadian Dollar | CAD | 204.25 | 206.45 |
China Yuan | CNY | 38.74 | 39.14 |
Danish Krone | DKK | 40.30 | 40.70 |
Hong Kong Dollar | HKD | 35.55 | 35.9 |
Indian Rupee | INR | 3.33 | 3.44 |
Japanese Yen | JPY | 1.86 | 1.94 |
Kuwaiti Dinar | KWD | 901.14 | 910.14 |
Malaysian Ringgit | MYR | 59.25 | 59.85 |
New Zealand Dollar | NZD | 168.56 | 170.56 |
Norwegians Krone | NOK | 26.19 | 26.49 |
Omani Riyal | OMR | 724.36 | 732.36 |
Qatari Riyal | QAR | 76.57 | 77.27 |
Singapore Dollar | SGD | 206.25 | 208.25 |
Swedish Korona | SEK | 26.89 | 27.19 |
Swiss Franc | CHF | 313.78 | 316.28 |
Thai Bhat | THB | 7.76 | 7.91 |
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