AIRLINK 78.39 Increased By ▲ 5.39 (7.38%)
BOP 5.34 Decreased By ▼ -0.01 (-0.19%)
CNERGY 4.33 Increased By ▲ 0.02 (0.46%)
DFML 30.87 Increased By ▲ 2.32 (8.13%)
DGKC 78.51 Increased By ▲ 4.22 (5.68%)
FCCL 20.58 Increased By ▲ 0.23 (1.13%)
FFBL 32.30 Increased By ▲ 1.40 (4.53%)
FFL 10.22 Increased By ▲ 0.16 (1.59%)
GGL 10.29 Decreased By ▼ -0.10 (-0.96%)
HBL 118.50 Increased By ▲ 2.53 (2.18%)
HUBC 135.10 Increased By ▲ 2.90 (2.19%)
HUMNL 6.87 Increased By ▲ 0.19 (2.84%)
KEL 4.17 Increased By ▲ 0.14 (3.47%)
KOSM 4.73 Increased By ▲ 0.13 (2.83%)
MLCF 38.67 Increased By ▲ 0.13 (0.34%)
OGDC 134.85 Increased By ▲ 1.00 (0.75%)
PAEL 23.40 Decreased By ▼ -0.43 (-1.8%)
PIAA 26.64 Decreased By ▼ -0.49 (-1.81%)
PIBTL 7.02 Increased By ▲ 0.26 (3.85%)
PPL 113.45 Increased By ▲ 0.65 (0.58%)
PRL 27.73 Decreased By ▼ -0.43 (-1.53%)
PTC 14.60 Decreased By ▼ -0.29 (-1.95%)
SEARL 56.50 Increased By ▲ 0.08 (0.14%)
SNGP 66.30 Increased By ▲ 0.50 (0.76%)
SSGC 10.94 Decreased By ▼ -0.07 (-0.64%)
TELE 9.15 Increased By ▲ 0.13 (1.44%)
TPLP 11.67 Decreased By ▼ -0.23 (-1.93%)
TRG 71.43 Increased By ▲ 2.33 (3.37%)
UNITY 24.51 Increased By ▲ 0.80 (3.37%)
WTL 1.33 No Change ▼ 0.00 (0%)
BR100 7,493 Increased By 58.6 (0.79%)
BR30 24,558 Increased By 338.4 (1.4%)
KSE100 72,052 Increased By 692.5 (0.97%)
KSE30 23,808 Increased By 241 (1.02%)

Honda Atlas dismissed on Saturday posts widely circulating on social media regarding the booking and prices of the 2022 Honda Civic model. The auto assembler also warned that it "reserves the right" to pursue legal action against those circulating the ‘fake news’.

Honda Atlas Cars (Pakistan) Limited, in its message, stated, “We have been made aware of a letter circulating on Facebook regarding booking/ prices of the 2022 New Honda Civic.”

“We strongly condemn this and the concerns responsible (individual or organization) who created, generated or promoted this letter.”

The company said that it has not made any announcement regarding the booking of the new Honda Civic 2020 or its prices.

Its statement comes as individuals started sharing on social media so-called details on the variant's prices, and booking amounts.

Days ago, Honda Atlas Cars (Pakistan) increased prices across its lineup by up to Rs126,000, following the increase in Federal Excise Duty (FED) in the recently-announced Finance (Supplementary) Bill 2021.

Earlier this month, Business Recorder reported that Honda Atlas is likely to discontinue its 10th Generation Civic in Pakistan this calendar year, bringing down the curtain on the model it launched in 2016. It is also currently not entertaining bookings for two of the three variants of the 10th-gen Civic. Delivery time being conveyed to customers for the one variant is September-end.

As per the company’s latest financial results, during the third quarter ended December 31, 2021, Honda Atlas recorded a profit of Rs445.95 million in the three-month period, down from Rs751.8 million in the same period of 2020. The company's cumulative nine-month (April-December) profit clocked in at Rs2.3 billion, up from Rs897.65 million in 2020.

Comments

Comments are closed.