Tag: HACL
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Car sales in Pakistan drop by 65% due to low purchasing power, supply chain disruptions
According to data from the Pakistan Automotive Manufacturers Association (PAMA), passenger car sales in Pakistan experienced a significant decline of 65 per cent in January 2023 compared to the same period the previous year. This was attributed to a shortage of raw materials, low purchasing power, and price surges. With the exception of Suzuki’s Swift,…
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Honda Pakistan to launch the long-awaited HR-V tomorrow
The long-awaited all-new Honda HR-V will finally make its formal debut on Friday, according to Honda Atlas Cars Limited (HACL), which recently teased the crossover in a Facebook post and confirmed the unveiling. Honda Pakistan will offer two versions of the HR-V, the VTi and VTi S. The 1.5-liter 4-cylinder naturally aspirated (NA) petrol engine in…
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Pak Suzuki discontinues Bolan’s AC variant after one year
Pak-Suzuki Motor Company (PSMC) will no longer sell the Suzuki Bolan’s AC variant. After almost 15 years, this variation was finally introduced last year, and tragically, its production will cease once again. The company’s decision to stop producing the AC variant of the Suzuki Bolan is a blatant indication that it has failed to pique…
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Honda reduces car prices to pass on the forex impact
Honda Atlas Cars Limited (HACL) has reduced the prices of its entire lineup, like its rival Toyota. According to a notification from the automaker, the latest price reduction is an outcome of the Pakistani rupee’s strengthening versus the US dollar, and the company wants to pass on the forex impact to its “valued” customers. Here…
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Honda Atlas announces price hike instead of fixing delivery issues
Honda Atlas, like its counterpart Indus Motor Company, announced a price hike for the second time in less than two months, increasing ex-factory prices up to Rs170,000, claiming rupee devaluation as the cause for transferring the burden to the consumers. The ‘latest generation’ of Honda city in Pakistan is now priced at Rs3,264,000 after getting a hike…
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Car sales up by 53.7 per cent in 2022, despite repeated price hikes
The latest data provided by the Pakistan Automotive Manufacturing Association (PAMA) shows that overall car sales climbed by 53.78 per cent during the first nine months of the current fiscal year 2021-22 (July-March) compared to the same period in the past financial year. Keeping in view the recent figures, 172,612 vehicles were delivered in the…
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Honda Pakistan announces a massive price hike for all cars
Following the price hike trend by several automakers in Pakistan, Honda Atlas Cars Limited (HACL) has increased the prices of all cars by Rs 250,000 to Rs 400,000. The new prices announced by Honda are effective from today, March 26, 2022. Considering the flagship and most popular sedan from Honda, the new Honda Civic 2022…