Honda Atlas Cars Limited (HACL), after Toyota Indus Motor Company (IMC), has raised the price of its vehicles as well. The corporation gave depreciating local currency and rising inflation as justifications for the increase.
Effective immediately, the new prices are as follows:
Models | Old Price (Rs.) | New Price (Rs.) | Increase (Rs.) |
City 1.2 M/T | 3,769,000 | 4,069,000 | 300,000 |
City 1.2 CVT | 3,899,000 | 4,199,000 | 300,000 |
City 1.5 CVT | 4,139,000 | 4,449,000 | 310,000 |
City Aspire 1.5 M/T | 4,299,000 | 4,629,000 | 330,000 |
City Aspire 1.5 CVT | 4,479,000 | 4,799,000 | 320,000 |
Civic 1.5T M-CVT | 6,349,000 | 6,849,000 | 500,000 |
Civic Oriel 1.5T M-CVT | 6,599,000 | 7,099,000 | 500,000 |
Civic RS 1.5T LL-CVT | 7,549,000 | 8,099,000 | 550,000 |
HR-V VTi 1.5 | 5,999,000 | 6,399,000 | 400,000 |
HR-V VTi S 1.5 | 6,199,000 | 6,599,000 | 400,000 |
BR-V S 1.5 | 4,939,000 | 5,299,000 | 360,000 |
The recent round of price increases may have been sparked by price increases made earlier by Toyota IMC and Sazgar Engineering Works Limited (SEWL).
Automobile manufacturers recently hinted at the likelihood of price increases by providing their consumers with limited-time discounts and price lock offers.
It appears like a new round of price increases is underway following HACL’s most recent announcement.