HOND Pakistan is not leaking any news regarding new CITY. May be because their sales are already very low and any rumor regarding new model will further stops the potential buyers. Second thing is market situation because companies like KIA and Ghandhara Nissan are also getting reluctant for new entries (Even though they have brownfield status in Pakistan). Third factor is price also, CITY was the ride of middle class which is already under financial stress. spending 2 to 2.5 million on ride is still difficult for them. New model of CITY cannot be launched in this price bracket looking at the depreciation of Pakistani currency. It will definitely comes with a price tag of 2.9 to 3.2 million Pakistani rupees. HONDA cannot make good sales for CITY in this price bracket. So nothing can be said with certainty. Better option is to hold the money and wait for right time to invest.
