Owing to the recent currency devaluation, Pakistan’s popular automakers – Al-Haj FAW, Pak Suzuki, and Toyota Indus increased their prices.
It was obvious and quite expected that other auto companies will do the same and Honda Pakistan has finally decided to follow the trend. Prices for every Honda car except the Turbo Civic and the BR-V have gone up. The Turbo Civic was discontinued but it’s expected that it will get a price hike when Honda decides to restart sales for the model.
Here are the revised prices:
Apparently, Honda Pakistan jacked up the prices for the same reason Toyota Indus, Pak Suzuki, and Al-Haj FAW did – the devaluation of rupee increases the import price of components and materials used for manufacturing cars. Honda Pakistan relies heavily on imports to manufacture cars and car components, which forced the company’s hands into increasing the prices.