After Suzuki and Toyota, Honda shocks Pakistani consumers with revised prices

LAHORE – Two major car giants have already ‘revised’ the price of their vehicles manufactured for Pakistani market and recently the third auto manufacturer Honda Atlas Cars (Pakistan) Ltd. has followed the trend, increasing the price of all of their line-up except the Turbo Civic and the BR-V.

Here are the revised prices for Honda variants:

Model Old Price (In Rupees) New Price (In Rupees)
City 1.3L MT 1,549,000 1,599,000
City 1.3L PT 1,689,000 1,739,000
City 1.5L MT 1,599,000 1,659,000
City 1.5L PT 1,739,000 1,799,000
Aspire 1.5L MT 1,729,000 1,789,000
Aspire 1.5L PT 1,869,000 1,929,000
Civic 1.8L i-VTEC CVT 2,349,000 2,399,000
Civic Oriel 1.8L i-  VTEC CVT 2,499,000 2,549,000
CR-V Base 2.4L 8,200,000 8,900,000
Accord VTi 2.4L 11,250,000 12,250,000
HRV 1.5 CVT 3,699,000 4,199,000

https://en.dailypakistan.com.pk/technology/new-year-gift-pak-suzuki-revises-price-for-low-end-vehicles/

The surge in price is due to the devaluation of rupee. In simple terms, not all parts of the cars are manufactured locally, so the automakers are forced to import parts from foreign vendors, which due to the devaluation of the rupee have now become expensive.

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