Honda Atlas Cars Ltd (HACL) has increased the prices of various models up to Rs400,000.
According to a circular issued to the authorised dealers, the new price of Honda City 1.2L MT and CVT models is Rs3.129m and Rs3.249m, up by Rs400,000 and Rs300,000.
City 1.5L CVT, 1.5L City Asp MT and 1.5L Asp CVT now carry new prices of Rs3.446m, Rs3.579m and Rs3.749m, an increase of Rs295,000 to Rs300,000.
After a jump of Rs390,000, BR-V CVT S is now priced at Rs4.079m. The new prices of Honda Civic 1.5L Turbo M-CVT, Oriel 1.5L Turbo M-CVT and RS 1.5L Turbo LL-CVT are Rs5.399m, Rs5.649m and Rs6.499m, up by Rs300,000, Rs250,000 and Rs350,000.
The new retail price is effective on current back order and orders booked from March 26 onwards.
Current retail price is applicable on orders created till November 2021 and complete payment received by March 31. Current retail price is also applicable on back order with complete payment till March 24 and expected delivery till June.
Current retail price would also be applicable on back order with expected delivery till April 2022 and complete payment received till March 31.
The company said 50pc of price increase would be applicable on back order with expected delivery till June and complete payment received till April 30.
Sanofi profit up 83%
Sanofi-Aventis Pakistan Ltd posted a net profit of Rs905.9 million for 2021, up 83.7 per cent from a year ago.
According to a stock filing on Friday, the pharmaceutical company also declared a final cash dividend of Rs30 per share. Its top line grew 12.5pc to Rs15.8 billion in 2021.
The company’s share price increased 1.15pc to Rs890 apiece on Friday.