Honda Atlas Cars Limited (HACL) has hiked its car prices for the third time in 2022. HACL, like Toyota Indus Motors, has cited rising raw material costs and a falling local currency as reasons for the price increase.
HACL, like other automakers, will implement the revised prices on the following conditions:
- Those who reserved a car before April 30 will be charged the old fees.
- Buyers of the Honda City and BR-V with backorders dated April 30 must pay fully by June 30 to receive the former rates.
- After the price increase, those who reserve new Honda vehicles will be charged the increased prices.
- The rates do not include transportation costs.
Effective immediately, the new prices are as follows:
|Models||Current Prices (Rs.)||Revised Prices (Rs.)||Price Increase (Rs.)|
|City 1.2L MT||3,129,000||3,264,000||135,000|
|City 1.2L CVT||3,249,000||3,389,000||140,000|
|City 1.5L CVT||3,446,000||3,589,000||143,000|
|1.5 L Aspire MT||3,579,000||3,729,000||150,000|
|1.5 L Aspire CVT||3,749,000||3,899,000||150,000|
|Civic 1.5T M-CVT||5,399,000||5,549,000||150,000|
|Civic Oriel 1.5T M-CVT||5,649,000||5,799,000||150,000|
|Civic 1.5T RS LL-CVT||6,499,000||6,649,000||150,000|
|BR-V 1.5 iVTEC S||4,079,000||4,249,000||170,000|
Another wave of price hikes has already claimed two victims, which means that more price hikes are imminent.