Several auto giants in Pakistan, including Kia, Suzuki, and Peugeot, are taking proactive measures to address the sluggish car market by reducing prices of their popular models. However, Toyota and Honda, two Japanese auto giants renowned for their models, have chosen different strategies amid this market trend.
Toyota Car Rates in Pakistan
Indus Motor Company, the manufacturer of Toyota cars in Pakistan, has decided not to participate in the market competition initiated by Kia and Suzuki by lowering prices. Despite queries from various market players about potential price adjustments, Toyota has opted to maintain its current pricing structure. The company remains optimistic about providing relief to customers through other means, potentially through adjustments in its product line pricing.
Honda Car Rates in Pakistan
Similarly, Honda Atlas Cars Ltd (HACL) has chosen to maintain its current prices in response to inquiries from dealers and customers regarding recent price adjustments in the market. While Honda previously reduced prices for its Honda City 1.2L grades, it has decided against further price decreases at this time. This decision is attributed to stable foreign exchange rates and material costs, prompting Honda to keep its pricing unchanged for the time being.
