Honda Atlas cars get pricier from this month

Honda Atlas, one of Pakistan’s car manufacturers, announced the increased prices of its lineup, today.

According to the statement released by the company, the impact of negative exchange rate and the increase of 1% additional import duty are the reasons for this price hike. The price hike is in the range of 30,000 – 100,000 PKR and has come into effect from today, i.e. 2nd July 2018.

Also Read: Al-Haj FAW begins the new fiscal year with increased prices

The new price will be applicable on cars in consignment stock, if invoiced after 30th June 2018. However, the prices for optional features will remain same. Here’s the revised price sheet from Honda.

Models Current Price – PKR New Prices – PKR Difference – PKR
Honda Civic 1.8L I-VTEC Rs.2499000 Rs.2599000 Rs.100000
Honda Civic 1.8L Oriel Rs.2649000 Rs.2749000 Rs.100000
Honda City 1.3L MT Rs.1699000 Rs.1729000 Rs.30000
Honda City 1.3L AT Rs.1839000 Rs.1869000 Rs.30000
Honda City 1.5L MT Rs.1759000 Rs.1789000 Rs.30000
Honda City 1.5L AT Rs.1899000 Rs.1929000 Rs.30000
Honda City 1.5L Aspire MT Rs.1839000 Rs.1939000 Rs.50000
Honda City 1.5L Aspire AT Rs.2029000 Rs.2079000 Rs.50000
Honda BR-V MT Rs.2099000 Rs.2134000 Rs.35000
Honda BR-V CVT Rs.2249000 Rs.2284000 Rs.35000
Honda BR-V S CVT Rs.2349000 Rs.2384000 Rs.35000

All above mentioned prices are ex-factory.

A few days back, Atlas Honda also increased the bike prices by up to 2000 PKR.

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Honda is not the first automaker to increase car prices, in fact, this is the fourth time Honda alone has increased the prices of its vehicle lineup. Other automakers like Toyota, Pak Suzuki and AL-Haj FAW have also increased car prices with a massive difference.

By a careful estimate, the US Dollar is expected to go as high as Rs130. So it would not be surprising to see at least one or two more price bumps before the year 2018 ends. The new fiscal year has begun with increased prices, let’s see how the whole year unfolds.

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