Tag: Honda BR-V
-
Rupee devaluation, GST hike forces Honda to increase car prices up to Rs1 million
Honda Atlas Cars Limited (HACL) has announced its fourth price hike in less than 90 days, citing the government’s implementation of a 25 per cent general sales tax (GST) on luxury items. This time, the automaker has raised car prices up to Rs1 million. According to a recent notification, HACL has attributed the most recent…
-
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…
-
Honda Pakistan records 40 per cent increase in earnings
Honda Atlas Cars Limited (HACL) concluded the financial year with a 40 per cent increase in earnings, giving investors reason to be optimistic. This is despite several challenges including an ongoing chip shortage, rising commodity prices on overseas markets, hefty freight rates, and the rupee’s depreciation. “The result is below our expectations, which is mainly…