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Bad News Honda Atlas Increased Car Prices again in 2021

A Bad News Honda Atlas Increased Car Prices again in 2021. After Indus Toyota Motors Honda took that step and the company is giving the same reason for prices hike.

According to the official notification, the corporation will raise the pricing of its automobiles in two stages. The first wave of price increases is scheduled to take effect on November 11, 2021, with the second phase taking effect on January 22, 2022.

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The following are the latest pricing for all locally built Honda vehicles:

VariantsOld Price (Rs.)Price Revision November 11, 2021 (Rs.)Increase (Rs.)Price Revision January 22, 2022 (Rs.)Increase (Rs.)
City 1.2 Manual2,599,0002,664,00065,0002,729,000130,000
City 1.2 CVT2,799,0002,874,00075,0002,949,000150,000
City 1.5 CVT2,899,0002,984,00085,0003,069,000170,000
City Aspire 1.5 Manual3,019,0003,109,00090,0003,199,000180,000
City Aspire 1.5 CVT3,174,0003,271,00097,0003,369,000195,000
Civic 1.8 VTI CVT3,614,0003,796,000182,0003,979,000365,000
Civic 1.8 VTI SR CVT3,864,0004,061,000197,0004,259,000395,000
Civic 1.5 Turbo RS CVT4,564,0004,806,000242,0005,049,000480,000
BR-V 1.5 S CVT3,374,0003,486,000112,0003,599,000225,000
Honda Latest Price Table

HACL, like all automakers, blamed the rise on a spike in the foreign currency rate, raw material prices, and shipping expenses. In its official statement, the business also stated that it will not charge increased charges to individuals who had reserved automobiles prior to November 2021.

Bad News Honda Atlas Increased Car Prices again in 2021

The following are the terms and circumstances for the price increase:

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  • January 22, 2022 price shall be applicable on all new backorders ahead of November 10, 2021, and all pending orders with an Estimated Delivery Date (EDD) of January 2022 and onwards.
  • Customers that have an EDD of November 2021 and whose payments have been cleared before November 11, 2021, will receive vehicles on old prices.
  • Customers that have an EDD of November 2021 but whose payments are yet to be made in full by November 26, 2021, will receive vehicles at first-phase prices (prices from November 11, 2021, till January 22, 2022).
  • Customers that have an EDD of December 2021 but whose payments are yet to be made in full by November 26, 2021, will receive vehicles at first phase prices.
  • Un-cleared backorders as of November 26 with an EDD of December 2021 will receive deliveries at the 2nd phase prices. (prices as of January 22, 2022)

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The operational constraints have been a source of concern for automakers in the face of continuous currency devaluation and supply-chain concerns, prompting them to raise prices without government involvement.

This new situation raises a number of concerns concerning the future of Pakistan’s automobile sector.

What you think about that price hike let us know in the comments box.

Waqas Afzal

Professionally Mechanical Engineer. Love to try new things. Traveler and Foody. If you have any suggestions you are always welcome.

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