Tag: New Car Prices Pakistan

Honda Pakistan had increased their cars prices in the start of Feb 2023 already. However, due to the fluctuating local currency as compared to US Dollars and other foreign currencies, it is really hard for automakers of Pakistan to settle on a price. As costs keep going up and down, by the way, it goes up mostly, keeping in view the current situation. Same is the reason that, like other automakers of Pakistan, Honda Pakistan have once again increased their cars prices. The details of old and new prices are as follows. Car Model Old Price New Price Difference Honda Civic Standard (Automatic, Petrol) 7,299,000 7,779,000 480,000 Honda Civic Oriel (Automatic, Petrol) 7,599,000 8,099,000 500,000 Honda Civic RS (Automatic, Petrol) […]

Pakistan is facing many difficulties with its economy, the lowering foreign currency reserves and deterioration in the value of local currency. On top of it, there are ever growing debts. Some of these factors and their consequences are affecting the local auto industry as well. The auto manufacturers of Pakistan first face the challenge in opening Letter of Credits (LCs) with banks, in order to import the completely knock down (CKD) vehicle kits, which are used to manufacture the vehicles. As mostly the automakers of Pakistan relying on importing the CKD kits for manufacturing the vehicles instead of localisation of Parts manufacturing. So after not being able to import any supplies, the auto manufacturers of Pakistan left without supplies, being […]

Pak Suzuki have once again increased its cars prices in year 2023. The first increase came in Jan 2023. However, as the local currency have deteriorated further, Suzuki Pakistan is again forced to increase its cars’ prices once again in the current year. Like other auto manufacturers of Pakistan, Suzuki Pakistan also relies on the import of completely knocked down (CKD) cars kits to manufacture its cars. This means any fluctuations in the value of local currency will direct impact the company. Following are the old and new prices after the second Pak Suzuki prices increase in Feb 2023. Car Make & Model New Price Old Price Difference Suzuki Alto VX 2,034,000 1,859,000 175,000 Suzuki Alto VXR 2,359,000 2,156,000 203,000 […]

Just recently in the Jan 2023 Honda Pakistan had increased its cars’ prices, however, in Feb 2023 Honda is again forced to increase their car prices due to the difficulties which the whole auto industry of Pakistan is facing. These difficulties include the increase of cost of making vehicles due to the local currency devaluation against international currencies like US Dollar. Difficulties like hurdles in opening Letter of Credits (LCs) for the import of car kits. Anyways, Honda has once again announced a price hike in the prices of its cars. Details of new and old prices are as follows. Car Make Model New Price Old Price Increase Honda Civic Standard (Automatic, Petrol) 7,299,000 6,849,000 450,000 Honda Civic Oriel (Automatic, […]

Currently Pakistan’s economy is not doing very well. The currency value is depreciating fast. There are restrictions on all kinds of imports including completely knocked down (CKD) vehicles. Some direct and some due to restrictions and difficulting in opening of the Letters of credits (LCs) for imports. These all factors have increased the costs of all the auto manufacturers of Pakistan. Which have resulted in almost all companies increasing their vehicle prices. In a similar move Haval Pakistan have recently increased its vehicle prices in Pakistan. Details of these increases are as follows. Haval H6 Prices Increased Vehicle Current Price Old Price Difference Haval H6 1.5 8,449,000 7,425,000 1,024,000 Haval H6 2.0 9,649,000 8,499,000 1,150,000 Haval H6 HEV 10,995,000 9,749,000 […]