Honda reduces car prices to pass on the forex impact

Honda Atlas Cars Limited (HACL) has reduced the prices of its entire lineup, like its rival Toyota.

According to a notification from the automaker, the latest price reduction is an outcome of the Pakistani rupee’s strengthening versus the US dollar, and the company wants to pass on the forex impact to its “valued” customers.

Here are the new prices of Honda cars in Pakistan, effective from August 17:

Model  Old invoice New price Decrease
City Manual 1.2L Rs4,049,000 Rs3,769,000 Rs280,000
City CVT 1.2L Rs4,199,000 Rs3,899,000 Rs300,000
City CVT 1.5L Rs4,439,000 Rs4,139,000 Rs300,000
City Aspire Manual 1.5L Rs4,609,000 Rs4,299,000 Rs310,000
City Aspire CVT 1.5L Rs4,799,000 Rs4,479,000 Rs320,000
BR-V CVT S Rs5,299,000 Rs4,939,000 Rs360,000
Civic 1.5L M CVT Rs6,799,000 Rs6,349,000 Rs450,000
Civic 1.5L Oriel M CVT Rs7,099,000 Rs6,599,000 Rs500,000
Civic RS 1.5L LL CVT Rs8,099,000 Rs7,549,000 Rs550,000
Honda Cars Latest Price List – August 2022

Despite the most recent drop, the ‘cheapest’ Honda car still costs more than Rs3.7 million, making it out of reach for low-income individuals.

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