Cars in Pakistan are witnessing a new wave of hikes, after Kia and Toyota, Honda Atlas has now revised the prices of its local assembled products effective from the 11th of November 2021. Like Toyota, the price increase will be in two steps, as the new units booked after 10th of November 2021 will be served for post January 2022 deliveries with another layer of increase.
According to the revisions (effective from 1st January 2022), the prices of 1.2L City variants have been revised by up to Rs 150,000, the prices of 1.5L City variants have been increased by up to Rs 195,000. Honda BR-V has witnessed an increase of up to Rs 225,000 while Civic 1.8L variants have been revised by up to Rs 395,000 whereas the flagship Civic Turbo RS received a price bump of Rs 485,000.
The company has cited the same reasons including depreciating currency value and rising shipping & raw material costs behind the price hike. It was already being speculated that car prices in Pakistan were to witness an increase due to aforementioned reasons. However the government made Changan withdraw the price hike in August and later threatened to fix prices of cars sold in the country. But considering the current circumstances, this doesn’t seem to be happening as other automakers are also expected to announce the price revisions soon.
A computer animation professional with over 23 years of industry experience having served in leading organizations, TV channels & production facilities in Pakistan. An avid car enthusiast and petrolhead with an affection to deliver quality content to help shape opinions. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com
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