Friday, November 1, 2024
Home Car News Honda Increases Car Prices in Pakistan

Honda Increases Car Prices in Pakistan [July 2022]

Honda Atlas Cars Pakistan Limited (HACPL) has reportedly notified of a massive increase in its car prices. According to the details, the Price of Honda City, Honda Civic, and Honda BR-V in Pakistan with effect from 30 July 2022 due to the devaluation of the Pakistani Rupee against the US Dollar (USD to PKR).

It is pertinent to mention that local automotive sector has been struggling due to the constant depreciation of the local currency against the greenback as well as constraints on obtaining Letter of Credits (LCs) from the State Bank of Pakistan for the import of Completely Knocked Down (CKD) kits.

Furthermore, the new Honda car prices are effective from 30 July 2022 on all new orders, while all orders due till August 2022 with full payment made by 29th July 2022 will not be affected by the hike in prices.

What do you think about the massive hike in Honda car prices? Let us know in the comments below.

It is pertinent to mention that Toyota Indus Motor Company (IMC) has also announced increased indicative prices of their vehicles as the company struggles from the economic crisis as well as constraints on import of CKD kits. The company has also announced a full refund with mark-up payment for customers on order cancellation.

RELATED ARTICLES

Specs comparison between Hyundai Elantra GLS or Elantra Hybrid

Comparision between Elantra GLS or Elantra Hybrid  Features                           Elantra GLS       ...

Hyundai Elantra Hybrid Ofically Launched in Pakistan

Hyundai has offically launched Elantra Hybrid in Pakistan . Launched price                      Booking Amount 9,699,000     ...

Fuel Prices Updated from OCT 16 2024

Product            Old Price            New Price         Difference Petrol           ...

LEAVE A REPLY

Please enter your comment!
Please enter your name here

Most Popular

Specs comparison between Hyundai Elantra GLS or Elantra Hybrid

Comparision between Elantra GLS or Elantra Hybrid  Features                           Elantra GLS       ...

Hyundai Elantra Hybrid Ofically Launched in Pakistan

Hyundai has offically launched Elantra Hybrid in Pakistan . Launched price                      Booking Amount 9,699,000     ...

Fuel Prices Updated from OCT 16 2024

Product            Old Price            New Price         Difference Petrol           ...

Suzuki Every finally launched in pakistan

Suzuki company has finally launched Suzuki Every locally in pakistan . Varients                   Price VX       ...

Recent Comments