well consider yourself in the place on Honda Atlas(The company producing Honda in Pakistan) CEO.
1)Would you spread rumors that you are going to reduce the price of the new Civic?
Because if there were rumors in the market that you are going to reduce price in February no one would buy your car now. Thus you would have very low sales for 2 months and you would be incurring a huge loss therefore even if you are thinking of a price cut you would never discuss it with the lower management incase it doesnt leaks out.
Even if currently sales are too low you would never announce that you are going to drop the price in February because then you are commiting a suicide by incurring huge losses for two months.
Now from general public perspective
Currently I dont think Honda will reduce prices. Because
1)They have just launched a new car. A price drop even if it will come, will come after like at least 1 year
2)They havnt offered any promotional scheme like free TV, rims etc to attract buyers which suggests that they are not bothered to increase sales in this tough market which indicates that they are infact meeting there sales target
3)Altis was being sold by local dealers at 100,000 vbelow factory price but even then Toyota Indus did not reduce the price. This indicates that these manufacturers have a reputation and they can not just change prices like Mitsubishi imports. Any price cut of Toyota or Honda means that they will lose loyal customers in the long run because customers will lose confidence in the resale of these cars which is one of themost important factors which people consider while buying a Toyota/Honda/Suzuki compared to imported cars