Honda Atlas Pakistan, one of the three biggest market share holder of automobile industry, have increased the prices for different cars. The new price list for 2020 was recently revealed in a notification which will be applicable from 16th January 2020.
Prices are changed for every vehicle but if any customer books a vehicle before 16th January (Thursday) and deposits instrument then he will get it on the old rates of 2019. According to the notifications the existing back-orders will be also made on old prices if full payment is made in January.
This is the list of the prices list of 2020 along with the old rates and change of price for each vehicle:
|Car Model||2020 Price (Rs.)||2019 Price (Rs.)||Increase (Rs.)|
|Civic Turbo RS||4,479,000||4,399,000||80,000|
|Civic 1.8l VTI SR CVT||3,779,000||3,749,000||30,000|
|Civic 1.8L VTI CVT||3,549,000||3,449,000||50,000|
|City 1.3L MT||2,329,000||2,309,000||20,000|
|City 1.3L AT||2,509,000||2,489,000||20,000|
|City 1.5L MT||2,389,000||2,369,000||20,000|
|City 1.5L AT||2,559,000||2,539,000||20,000|
|City 1.5L Aspire MT||2,559,000||2,539,000||20,000|
|City 1.5L Aspire AT||2,719,000||2,699,000||20,000|
|BR-V S CVT||3,299,000||3,249,000||50,000|
With 27% market share Honda Atlas Cars is the third biggest player in the industry. In terms of vehicle Honda City and Honda Civic have 12% and 11% market share which makes them the second and third biggest winner after Toyota Corolla.
The reason for the new increase is not mentioned in the notification issued by the company. It is the first increase in prices for 2020 but it is expected that during the period more increase will be announced.
Just like previous years when Honda increased prices of Civic and other cars on more than once occasion.