Tag: JDM
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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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Sony, Honda form joint venture to build electric cars together
Sony and Honda have formally signed a joint venture agreement to form an electric vehicle (EV) manufacturing company. The new business is named “Sony Honda Mobility Inc.,” with Sony taking precedence over the proven automaker. Honda executive Yasuhide Mizuno has been named chairman and CEO, and Sony executive vice president Izumi Kawanishi has been named…
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Getting a new car? Check out the new advance tax imposed on your favourite vehicle
The government has released the fiscal budget for 2022-23, which includes several changes, including a 200 per cent advance tax on the purchase of cars with engine displacements greater than 1600cc for non-filers. This decision is likely to possess a considerable effect on the sales of several cars in Pakistan, which have already witnessed multiple price hikes…
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Toyota Pakistan to launch first-ever locally assembled Hybrid crossover
Toyota Indus Motor Company (IMC), Pakistan’s most prominent automaker, is upgrading its manufacturing plant in preparation for the start of local production of hybrid electric vehicles (HEVs) by 2023. Toyota IMC CEO Ali Asghar Jamali revealed that the locally assembled Toyota Corolla Cross will be available in 2023. It is worth noting that this crossover…
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Toyota Camry after a hike of Rs2 million, priced at Rs23.3 million
Toyota Indus Motor Company (IMC) has announced a massive price hike for all completely built-up (CBU) units offered by the Japanese automaker in Pakistan. The price of Toyota Camry is upped by Rs2 million and will now cost Rs23.3 million The only variant of the popular hybrid model, Toyota Prius received a hike of Rs1.26…
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Honda City Hybrid 7th gen launched, Pakistan continues with retired 6th gen
Honda has finally debuted the long-awaited City hybrid sedan in the Indian market. The ex-showroom price of the 2022 Honda City Hybrid e:HEV is 1.9 million INR (PKR 4.7 million). It’s only available in a single ZX model with all of the bells and whistles. Last year, the new City Hybrid made its global premiere,…
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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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Hyundai Pakistan launches another variant of obsolete Elantra
Hyundai-Nishat has introduced the long-awaited Elantra GL 1.6, with a hefty price tag of Rs4.3 million for the ‘base trim’. This model was predicted to compete with the Altis X 1.6, but Rs4.3 million for a base model does not seem to attract much for a car that already existed. The ‘latest sedan’ is now…
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Toyota to launch its first electric car with 559 km range next month
Toyota announced that it will introduce its revolutionary bZ4X battery-powered SUV in its home market on May 12, as part of a larger push to minimise its carbon footprint. The bZ4X is Toyota’s first vehicle built on a specific electric vehicle (EV) platform created in collaboration with Subaru. It’s made at the Motomachi factory, which…