City, Civic prices revised by Rs100,000

KARACHI: Honda Atlas has revised its cars’ prices with City 1.3, 1.5 and Civic to be sold Rs100,000 expensively from April as a consequence of rupee devaluation.

Apart from City and Civic vehicles, Honda has also increased BRV price by Rs20,000. The new prices will not be applicable for those who placed orders and have already submitted balance payment until March 22, 2018. The new prices will be applicable from April onward.

The auto industry, which heavily depends on imported CKDs (Completely Knocked Down), has been affected negatively by the recent rupee devaluation.

The other two players Suzuki and Toyota have already increased car prices citing rupee depreciation as the main reason behind it this month.