'Keeping in view the increase in foreign exchange and its impact on completely knocked down (CKD) and other parts, Honda Atlas is compelled to increase the price of
A source in the automobile sector said that the automobile company's sales remained acutely disturbed during the lockdown, which were already on a downward trajectory in the pre-Covid 19 period due to a slowdown in the economy.
'These automobile companies are run By: highly sophisticated human resource who are paid lucrative salaries,' the source pointed out. 'Hence, these companies have accumulated burden of salaries of employees so they are now filling the gap By: hiking prices while customers remain reluctant to buy a car on the back of decreased purchasing power.'
However, the auto companies still expect sales to pick up due to multiple cuts in the benchmark interest rate By: the central bank from
According to the notice, the car maker raised price of Civic 1.5 L Turbo By:
The Civic 1.5 L Turbo Oriel variant was made costlier By:
The price of Civic 1.8L CVT registered an increase of
The cost of City 1.3L AT rose
The Japanese automaker hiked price of City 1.5L MT from
The price of its City 1.5L AT variant increased from
The company increased price of BR-V MT By:
Similarly, the cost of BR-
The BR-V S CVT model became costlier By:
'The new retail suggested price is applicable on all booking received from
© Pakistan Press International, source