So it appears that Honda Pakistan has also increased the prices of its cars. Honda Atlas is following the same trend literally every automaker in Pakistan is following and has decided to increase the price of its lineup as well. In these last few days, both Toyota and Kia Pakistan increased their prices. And now Honda has joined them as well.
According to a leaked internal circular by Honda, the company is increasing the price in two steps. Initially, the first price bump will be implemented from today; 11 November 2021. It is on the orders that are promised to be delivered within this year and have some part of payment remaining. This is something that Toyota also did in its latest price revision.
However, the full new payment plan will come into effect from 1st January 2022.
Honda new car prices
Here are the new prices of Honda BR-V, Honda City and Honda Civic variants.
Honda has stated similar reasons, like depreciating currency and higher raw material costs behind its price hike. Honda has already been struggling compared to someone like Kia when it comes to car sales. No one had ever thought a Civic is going to cost for as much as 5 million in Pakistan. Well, Honda surely surprised us with this news. How is this new price bump going to affect the future sales of Honda, that will be interesting to observe.