The fortunes of Honda Atlas Cars Limited (HACL) have turned sour due to ongoing economic troubles. As per the latest update from the oft-reliable autojournal.pk, the automaker has sustained a major dent in sales due to insufficient inventory and import restrictions.
The report adds that the carmaker sold less than 900 units in March. This is the automaker’s worst performance yet since the lockdown era of COVID-19 in 2020.
The report cites intermittent production shutdowns and the unavailability of completely knocked down (CKD) kits as the reason for the decline. The automakers have also blamed the State Bank of Pakistan’s (SBP) reluctance to approve letters of credit (LCs) for the clearance of imported goods.
The same tipster also stated that Honda couldn’t sell a single unit of the Civic last month, bringing the total sales down significantly. The report did not highlight whether the lack of sales was due to poor demand or production issues.
Sir I need car but no money 💰
Then go get money 😁💰
Local manufacturing is the answer.
State bank should not clear the payment at all. Its not a few year old company which would be testing customer base before setting up manufacturing. It has been decades and they know people buy but still they even import the sheet for door cut to size and shape. Pathetic.
If manufacturing was setup then materials industry would also have flourished
This is the the right time think to make every part of the vehicle in our own country.
but I know no one do this.
Good joke
Company keeps increasing price like there’s no tommorow compared to dollar cars price should be around 70-80 not 100 thats where company will loose costumers
Not only price that matters but company has downgraded product quality
Its my personal experience
Poor are not due to import issues rather due to inflated prices of Honda cars …. its better to buy Sonata a far better and high spec car than civic ….. i don’t think honda has future in Pakistan…….
The company cars are not worthy of the price they are selling the worst quality vehicle in best higher price and need to be doomed yet this is the chance to promote local manufacturers
But in Pakistan all are profit makers and local market will also start increasing price for 6th grafe quality vehicle Toyota Honda and all brands should be kicked off from the country
Hey sir My name is Ahmad Raza I am very fond of car but I don’t have money to buy a car. Please gift me a car this Eid.