Following in the footsteps of Kia Lucky Motors, Hyundai Nishat Motors, Changan Pakistan, and Pak Suzuki Motor Company (PSMC), Honda Atlas Cars Limited has also announced a fresh round of price hikes for its locally assembled CKD (Completely Knocked Down) models. For car buyers in Pakistan, this latest increase comes as another blow in an already challenging economic environment.
In an official circular, Honda Atlas confirmed that the revised provisional retail prices will be effective from July 1, 2025, applying to all new and back-order customers. The main reason behind this increase is the newly introduced New Excise Value (NEV) levy, part of the Finance Act 2025–26 passed by the Government of Pakistan.
Combined with factors like rupee devaluation, rising freight costs, and high inflation, the new levy has forced automakers to transfer the additional burden to buyers. Although Honda Atlas had previously absorbed similar cost pressures, the company stated that this time the impact is unavoidable.
Breakdown of New Honda Car Prices
Here’s a look at how prices have changed:
Prices for the Honda HR-V VTI (PET) and HR-V VTI S (PET) have yet to be announced and will likely follow soon.
Important Details for Buyers
All customer orders invoiced on or after July 1, 2025, will be based on the new prices. The revised rates will also apply to back-order customers as of June 30, 2025. Honda has clarified that any future adjustments in duties, levies, or taxes will be the buyer’s responsibility at the time of delivery. Additionally, the prices do not include freight and withholding tax, which will be charged separately as per applicable rates.
It’s worth noting that these prices are provisional and may be updated again, depending on future fiscal changes or supply chain challenges.
Impact on the Auto Market
This new price revision highlights the continued pressure on Pakistan’s automotive industry as manufacturers struggle to balance rising operational costs with shrinking consumer affordability. Buyers now face tough choices: lock in their purchase before further increases or shift to more cost-effective models and used cars.
For Honda enthusiasts, the hike means a higher upfront cost for popular models like the Civic, BR-V, and City, all of which are household names in Pakistan’s urban centers.
Final Thoughts
With leading brands like Kia, Suzuki, Hyundai, and Honda all revising prices upward, Pakistan’s car market is clearly feeling the pinch of new taxes and a volatile rupee. For now, prospective buyers are advised to plan wisely, explore financing options, and stay updated on further developments as the new fiscal policies continue to unfold.
Afsheen Gohar is a seasoned writer with a wealth of experience in crafting authentic and well-researched articles. Her dedication to delivering high-quality content is evident in her work, where she combines a passion for storytelling with a commitment to accuracy and depth. Afsheen’s writing reflects her ability to engage readers with compelling narratives while providing valuable insights on a diverse range of topics.
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