Following the devaluation of the US dollar against the Pakistani rupee, Honda Pakistan has decided to decrease the cost of its vehicles by up to Rs. 300,000.
The automaker stated on Wednesday that it would reduce the price of its most costly vehicle, the Civic RS 1.5L, by Rs. 300,000. Similarly, the price of its most affordable car in Pakistan, the City MT 1.2L, was reduced by Rs. 100,000.
Following the price reduction, the following are the new and old prices:
Honda CITY
| Model | Previous Price (PKR) | New Price (PKR) |
| City MT 1.2L | 4,799,000 | 4,699,000 |
| City CVT 1.2L | 4,929,000 | 4,829,000 |
| City CVT 1.5L | 5,549,000 | 5,439,000 |
| City Aspire MT 1.5L | 5,759,000 | 5,649,000 |
| City Aspire CVT 1.5L | 5,979,000 | 5,849,000 |
BR-V and HR-V
| Model | Previous Price (PKR) | New Price (PKR) |
| BR-V CVT S | 6,529,000 | 6,299,000 |
| HR-V VTI | 7,899,000 | 7,649,000 |
| HR-V VTI S | 8,199,000 | 7,899,000 |
CIVIC
| Model | Previous Price (PKR) | New Price (PKR) |
| Civic 1.5L M CVT | 8,599,000 | 8,329,000 |
| Civic 1.5L Oriel M CVT | 8,949,000 | 8,659,000 |
| Civic RS 1.5L LL CVT | 10,199,000 | 9,899,000 |
Honda follows Toyota Indus Motor Company, MG Motors, and Kia Lucky Motors in lowering their prices.
Toyota announced price cuts of up to Rs. 1.3 million, MG Essence pricing cuts of up to Rs. 600,000, and KIA price cuts of up to Rs. 500,000.
Production at automakers, on the other hand, has been hampered by inventory shortages.
Toyota, Suzuki, and Honda ceased production in October 2023, citing the previously cited cause.
They will all resume production in November, although plant shutdowns may be extended if these concerns persist.
To read our blog on “Toyota IMC bring down its car prices by up to Rs. 1.3 mn,” click here.
