Honda, Hyundai increase car prices in Pakistan phenomenally

F.P. Report

KARACHI: Honda and Hyundai companies in Pakistan have increased the car prices phenomenally and notified the increase in prices with effect from March 26 till November 10 this year.

The company cited increase in Forex hike, shipping cost and raw materials and it was unavoidable for them to maintain the current retail prices and compelled to pass on the part of this impact to the market.

On the other hand, Hyundai Tucson FWD price has been increased by Rs250,000 to reach new record price at Rs579,900,0. Hyundai Tucson FWD (Ultimate) has been increased by Rs0.3m and new price reached at Rs6.3m.