Tag: new price

  • Honda Civic RS now costs Rs8.1 million after the latest price hike

    Honda Civic RS now costs Rs8.1 million after the latest price hike

    Honda Atlas Cars Limited (HACL) on Monday increased prices across its entire line-up, with the hike going as high as Rs550,000 for the popular Honda Civic RS. The automaker cited exchange rate volatility and an increase in production costs as the reasons behind the latest price revision.

    “Keeping in view the uncertain economic conditions, inflation in material costs, and volatility of forex, HACPL was compelled to pass part of this adverse impact through a price increase,” Honda said in a notice sent to dealerships.

    Here are the new prices:

    Variants Old Prices New Prices Difference
    City MT 1.2L Rs3,769,000 Rs4,069,000 Rs300,000
    City CVT 1.2L  Rs3,899,000 Rs4,199,000 Rs300,000
    City CVT 1.5L  Rs4,139,000 Rs4,449,000 Rs310,000
    City Asp MT 1.5L Rs4,299,000 Rs4,629,000 Rs330,000
    City Asp CVT 1.5L Rs4,479,000 Rs4,799,000 Rs320,000
    BR-V CVT S Rs4,939,000 Rs5,299,000 Rs360,000
    HR-V VTI Rs5,999,000 Rs6,399,000 Rs400,000
    HR-V-VTI S Rs6,199,000 Rs6,599,000 Rs400,000
    Civic 1.5L M CVT Rs6,349,000 Rs6,849,000 Rs500,000
    Civic 1.5L Oriel M CVT Rs6,599,000 Rs7,099,000 Rs500,000
    Civic RS 1.5LL CVT Rs7,549,000 Rs8,099,000 Rs550,000

    The new prices are applicable as of January 23, 2023.

    Honda City variants’ prices have been raised from Rs300,000 to Rs330,000. The base model of the City (Manual) 1.2L witnessed its price increase from Rs3.769 million to Rs4.069 million.

    The price of the Honda City Aspire Manual 1.5L rose from Rs4.139 million to Rs4.449 million.

    Honda Atlas raised the price of the Honda BR-V CVT S by Rs360,000 to Rs5.299 million. Additionally, the price of Honda HR-V variants rose by Rs400,000. HR-V VTI and HR-V VTI S models now cost Rs6.399 million and Rs6.599 million, respectively, after the latest price increase.

    Read more: Suzuki cars latest prices

    The company jacked up the price of popular Honda Civic variants by Rs500,000 to Rs550,000. The price of the Civic RS 1.5L LL CVT rose from Rs7.549 million to Rs8.099 million.

    Earlier, Toyota Indus Motor Company also increased prices across its entire lineup with a hike in the range of Rs280,000 to Rs1,210,000.

  • Govt may announce revised petrol prices today

    Govt may announce revised petrol prices today

    After Prime Minister (PM) Shehbaz Sharif returns to Pakistan from Uzbekistan today, the federal government is expected to announce revised petroleum product prices.

    Amid these rumours, fuel pump owners have stopped buying petroleum goods, according to Geo News.

    Reportedly, the Prime Minister’s Office has notified the Finance Ministry of the POL price announcement.

    According to sources, the Oil and Gas Regulatory Authority (OGRA) did not advise lowering gasoline and diesel prices in its brief given to the finance division. Instead, a minor increase in POL costs is predicted. However, the final decision on POL prices is likely today.

    Previously, it was expected that the price of petrol would fall from Rs235.98 per litre to Rs226.36 after a Rs9.62 per litre reduction over the next two weeks.

    Moreover, the price of diesel is likely to rise by Rs3.04 per litre, raising the rate from Rs247.26 to Rs250.30 during the specified period.

    KP Finance and Health Minister Taimur Khan Jhagra took to Twitter to criticise the government’s delay in announcing revised POL pricing, sparking a debate on the social media platform.

  • Audi Pakistan increases e-tron GT RS price by nearly Rs4 crore

    Audi Pakistan increases e-tron GT RS price by nearly Rs4 crore

    Audi Pakistan has announced a significant price increase for Audi e-tron variants rather than lowering car prices like Hyundai and KIA.

    As per recent social media posts by Pakwheels, the price of the e-tron 50 has increased from Rs17,200,000 to Rs32,450,000. This indicates that the price of e-tron 50 has increased by Rs15,250,000.

    The well-known e-tron 55 will now set you back which will now be sold for Rs38,000,000 rather than Rs21,000,000. Consequently, there has been an increase in pricing of Rs17,000,000.

    e-tron SB now costs Rs36,150,000 instead of the previous Rs19,400,000 after a Rs16,750,000 price rise.

    Read more: Cheapest new cars to buy in Pakistan

    Additionally, the e-tron GT’s new pricing is Rs48,325,000 as opposed to its previous price of Rs21,150,000. This implies a Rs27,175,000 price increase for the vehicle.

    Last but not least, the company has disclosed a significant increase in the RS e-tron GT’s pricing of Rs38,405,000. As opposed to the previous price of Rs29,595,000, the car would now cost Rs68,000,000.

  • Changan is not reducing the price of Alsvin variants

    Changan is not reducing the price of Alsvin variants

    With the exception of Alsvin, Changan has announced price reductions for all locally assembled vehicles.

    While Changan and every other brand in Pakistan increased the price of automobiles to an all-time high, it appears that the Chinese manufacturer has noted that Alsvin variants were far less expensive and still seemed like a good option for local car buyers as compared to other sedans from top brands.

    Here are the new prices for Changan vehicles:

    Model Old invoice New price Reduction
    Oshan X7 Comfort Rs7,449,000 Rs7,049,000 Rs400,000
    Oshan X7 FutureSense Rs7,749,000 Rs7,549,000 Rs200,000
    Karvaan Standard Rs2,469,000 Rs2,419,000 Rs50,000
    Karvaan Plus Rs2,619,000 Rs2,569,000 Rs50,000
    Alsvin Comfort Rs3,394,000    
    Alsvin DCT  Rs3,649,000    
    Alsvin Lumiere DCT  Rs3,844,000    
    Changan New Car Prices in Pakistan – 19 August 2022

    Oshan X7 Comfort’s price has been significantly reduced by Changan and is currently available for Rs7,049,000 as opposed to its earlier invoice of Rs7,449,000. This indicates a price reduction of Rs400,000.

  • Yamaha YBR125G now costs Rs292,000 after Rs26,000 hike

    Yamaha YBR125G now costs Rs292,000 after Rs26,000 hike

    The prices of Yamaha’s motorcycle lineup have increased, with the hike reaching as high as Rs26,500 and the new pricing taking effect from July 1st.

    According to Brecorder, the development comes a day after Atlas Honda raised the prices of its lineup.

    Yamaha’s YB125Z has seen a price hike of Rs23,500, bringing the current cost to Rs255,000. The cost of the YB125Z DX also increased by Rs25,000. The updated cost is Rs273,500.

    After a Rs25,500 price increase, the YBR125 will now be available for Rs280,500. The cost of the YBR125G rose from Rs26,500 to Rs292,000. The cost of the YBR125G (Matte Dark Gray) has also gone up by Rs26,500 and will now be available for Rs295,000.

    Last month, the company similarly raised the price of bikes by between Rs21,000 and Rs23,000. Motorcycle producers at the time cited rising raw material costs, rising international freight charges, and the ongoing depreciation of the rupee as causes.

    Sabir Sheikh, Chairman of the Association of Pakistan Motorcycle Assemblers (APMA), stated that the recently enacted super tax of 10 per cent and the weakening rupee are to blame for the increase.

  • Honda 125S will now be sold for nearly Rs200,000

    Honda 125S will now be sold for nearly Rs200,000

    Several factors, including burgeoning raw material costs, continuous depreciation of the local currency, and greater freight rates, have forced the Pakistani two-wheeler industry to announce regular price hikes in 2022, putting motorcycles in a price range that is difficult to afford for a remarkable portion of the populace.

    Atlas Honda recently announced a price increase for their motorcycles in the range of Rs3,600-9,000, with the new rates taking effect from June 1, 2022.

    United, Metro, and Road Prince, among other Chinese motorbike manufacturers, have also hiked their two-wheeler prices.

    New prices

    The price of the Honda CD 70 has increased by Rs3,600, to Rs106,500. Similarly, following a Rs4,000 increase, the CD70 Dream model is now available for Rs113,500.

    Following a Rs5,000 price hike, the Pridor variant will now be available for Rs144,900.

    The CG125 and CG125S have had their prices increased by Rs5,000 to Rs168,500 and Rs198,500, respectively.

    The price of the Honda CB125F has been hiked by Rs9,000 from Rs244,900 to Rs253,900.

    The price of the CB150F has been increased to Rs308,900, while the CB150F (red, black) will be available at Rs312,900 starting June 1.

    Since March 2022, Atlas Honda has increased the price of its motorcycles every month.

    The two-wheel market isn’t the only one seeing price increases; car costs have grown by up to 55 percent in the current fiscal year.

    As per industry experts, the increase in motorbike and automobile prices is primarily due to an increase in foreign raw material prices and an increase in freight costs following Covid-19.

    The automobile industry, particularly due to auto-grade steel and plastic resins, is significantly reliant on imports.

    Furthermore, the sector has a low level of localisation, with the majority of parts being imported. As a result, the rupee’s depreciation has an impact on automobile and motorcycle prices.