Owing to the “uncertain economic conditions”, Honda Atlas Cars decided to pass on the burden to its customers by raising the price of its CKD models.
The carmaker cited inflation in material cost and volatility of forex as two major reasons behind its decision to increase the prices by up to Rs550,000, a notification issued in this regard said, with the new rates coming into effect from January 23, 2023.
The news retail sale price (RSP) would be applicable on all new orders booked from January 23, and onwards.
Here is a price breakdown of the models:
Variants |
Old Prices |
News Prices |
Difference |
| City MT 1.2L | Rs3,769,000 | Rs4,069,000 | Rs300-000 |
| City CVT 1.2L | Rs3,899,000 | Rs4,199,000 | Rs300,000 |
| City CVT 1.5L | Rs4,139,000 | Rs1,449,000 | Rs310,000 |
| City Asp MT 1.5L | Rs4,299,000 | Rs4,629,000 | Rs330,000 |
| City Asp CVT 1.5L | Rs4,479,000 | Rs4,799,000 | Rs320,000 |
| BR-V CVT S | Rs4,939,000 | Rs5,299,000 | Rs360,000 |
| HR-V VTI | Rs5,999,000 | Rs6,399,000 | Rs400,000 |
| HR-V-VTI S | Rs6,199,000 | Rs6,599,000 | Rs400,000 |
| Civic 1.5L M CVT | Rs6,349,000 | Rs6,849,000 | Rs500,000 |
| Civic 1.5L Oriel M CVT | Rs6,599,000 | Rs7,099,000 | Rs500,000 |
| Civic RS 1.5LL CVT | Rs7,549,000 | Rs8,099,000 | Rs550,000 |
It should be noted that all orders created till January 21 with complete payments (instrument date till January 21 will be invoiced on the previous retail sale price.
Meanwhile, unclear total back order as on January 21 for which the full/balance payment instrument is dated after January 21 will be invoiced on the price prevailing at the time of delivery.
The company also mentioned that these prices — ex-factory rates inclusive of sales tax, federal excise duty and CVT — above mentioned are provisional and the price applicable at the time of delivery will be final.
The customers would also bear any government tax applicable at the time of delivery and the committed delivery time may delay due to the current uncertain import situation.
