Following Kia and Toyota, Honda Atlas Cars Limited has also announced a price reduction for its sedan, Honda City 1.2L. Both the manual and CVT variants will see a decrease in prices, with the new ex-factory prices becoming effective from March 15, 2024.
Updated Honda City Price
- The revised price of Honda City 1.2L Manual is now Rs. 4,649,000, down from Rs. 4,699,000, reflecting a reduction of Rs. 50,000.
- Honda City 1.2L CVT‘s price has been slashed by Rs. 140,000, making it priced at Rs. 4,689,000 instead of Rs. 4,829,000.
Terms and Conditions
- The revised ex-factory prices in Lahore are subject to change without prior notice.
- Prices at the time of delivery will apply.
- These updated prices will be applicable for orders invoiced on March 15, 2024, and beyond.
- The prices are ex-factory and inclusive of sales tax and FED.
- Any government levies or taxes at the time of delivery will be the responsibility of the consumers.
The recent trend of price reductions by local car companies has come as a surprise, especially considering the market predictions. This could be attributed to the new government’s formation and the stabilization of the PKR against the dollar. It bodes well for the local industry, which has faced challenges such as high car prices, delayed deliveries, and numerous shutdowns in recent years.
Looking ahead, hopefully, the local automotive industry will experience stability, pass on benefits to consumers, increase market activity, and boost sales, which would positively impact the overall economy.
What are your thoughts on Honda’s decision to lower the price of the Honda City? Do you see it as a positive move? Share your opinions with us in the comments section.
