Iftar Timings Mar 28 - Ramazan 17

Lahore
LHR
06:20 PM
Karachi
KHI
06:46 PM
Islamabad
ISB
06:26 PM
Peshawar
PWR
06:30 PM
Quetta
QTA
06:49 PM

News

Honda also slashes car prices massively

August 18, 2022 01:12 PM


Following cut in car rates by major rivals Toyota and Suzuki, Honda Atlas Cars Pakistan Limited (HACPL) has also notified a massive reduction in its car prices in Pakistan, reported 24NewsHD TV channel on Thursday.

The prices of Honda City, Honda Civic, and Honda BR-V in Pakistan have been reduced with effect from 17 August 2022 due to the devaluation of the Pakistani rupee against the US dollar.

It is pertinent to mention that local automotive companies announced a massive increase in their prices due to depreciation of the Pakistani rupee against the US dollar as the local currency had slumped to nearly Rs240 last month. However, the rupee has made immense improvement against the US dollar recently, which has led to automotive companies cut their prices, passing on the benefit to the customers.

Toyota Indus Motor Company (IMC) and Pak Suzuki Motor Company (PSMC) had both already announced reduction in the prices of their all car variants.

Honda BR-V Price

The price of Honda BR-V in Pakistan has been reduced to Rs4,939,000 compared to previous rate of Rs5,299,000. This means the vehicle has witnessed a reduction in price of Rs360,000.

According to Honda Atlas Cars Pakistan Limited (HACPL), the new prices will be applied on current back order with expected delivery date October 2022 and orders booked from August 17, 2022 and onwards.

Meanwhile, the unclear back orders with expected delivery date till September 2022 can avail currently applied price on order (as per previous letter of July 30, 2022 – 50% of total price increase) if complete payment is done till August 17, 2022.

Furthermore, all cars will be invoiced at the new prices from August 17 and this includes FED, Sales Tax and CVT.



Most Read

  1. Aitchison College principal resigns over differences with Punjab governor Aitchison College principal resigns over differences with Punjab governor
  2. Aitchison College students, parents stage protest against principal’s resignation Aitchison College students, parents stage protest against principal’s resignation
  3. Tribal firefight in Gotki, Motorways section shut down Tribal firefight in Gotki, Motorways section shut down
  4. Five Chinese among six killed in Shangla suicide bombing Five Chinese among six killed in Shangla suicide bombing
  5. Transferred: Lawman bears the brunt of flagging down lawmaker Transferred: Lawman bears the brunt of flagging down lawmaker
  6. Maaz Safder regrets 4-year relationship with wife Saba Maaz Safder regrets 4-year relationship with wife Saba

Opinion

  1. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  2. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  3. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  4. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay

  5. Channer Pir: The Great Saint of Cholistan
    Channer Pir: The Great Saint of Cholistan

    By Dr Asif Channer

  6. Literate the Religious Illiterate
    Literate the Religious Illiterate

    By Dr Asif Channer