The company cited the unstable economic environment, the increase in sales tax, and the depreciation of the Pakistani rupee versus the US dollar as the causes of the most recent increase. The announcement of the price increase follows the inflation in the cost of petroleum products.
Honda City New Prices
Honda City variants have been affected by the price hike as well.
The new price of the City M/T 1.2L is Rs. 4,579,000, reflecting an increase of Rs. 250,000 from the previous price.
The City CVT 1.2L has undergone a price increase of Rs. 260,000 and now costs Rs. 4,729,000.
The City CVT 1.5L has been hiked by Rs. 280,000, making its new price Rs. 5,019,000.
The City Aspire M/T 1.5L has been increased by Rs. 290,000, bringing its new price to Rs. 5,229,000.
The City Aspire CVT 1.5L is now priced at Rs. 5,419,000, having undergone an increase of Rs. 300,000.
Honda BR-V New Prices
The Honda BR-V CVT S has seen an increase of Rs. 300,000, now costing Rs. 5,949,000.
Honda HR-V New Prices
The HR-V VTI and HR-V VTI S variants have also seen a price increase, with new prices of Rs. 7,199,000 and Rs. 7,399,000, respectively.
Honda Civic New Prices
Honda Civic variants have not been spared from the latest price hike either. The Civic 1.5L M-CVT is now priced at Rs. 7,779,000, while the Honda Civic 1.5L Oriel M-CVT costs Rs. 8,099,000.
The Honda Civic RS 1.5L LL-CVT is the most expensive of the bunch, now priced at Rs. 9,199,000.
Honda’s latest price increase will adversely affect the country’s already struggling automotive industry and further worsen its economic condition. Due to the rising inflation and increased car prices, consumers will now have to bear the brunt of the burden.
