ANL 11.12 Increased By ▲ 0.02 (0.18%)
ASC 9.98 Decreased By ▼ -0.09 (-0.89%)
ASL 11.85 Increased By ▲ 0.90 (8.22%)
AVN 71.24 Decreased By ▼ -2.07 (-2.82%)
BOP 5.95 Decreased By ▼ -0.04 (-0.67%)
CNERGY 5.27 Increased By ▲ 0.04 (0.76%)
FFL 6.70 Decreased By ▼ -0.15 (-2.19%)
FNEL 6.10 Decreased By ▼ -0.10 (-1.61%)
GGGL 11.86 Decreased By ▼ -0.47 (-3.81%)
GGL 15.92 Decreased By ▼ -0.49 (-2.99%)
GTECH 9.35 Decreased By ▼ -0.46 (-4.69%)
HUMNL 6.56 Decreased By ▼ -0.06 (-0.91%)
KEL 2.58 Decreased By ▼ -0.01 (-0.39%)
KOSM 3.06 No Change ▼ 0.00 (0%)
MLCF 28.70 Decreased By ▼ -0.15 (-0.52%)
PACE 2.99 Decreased By ▼ -0.24 (-7.43%)
PIBTL 6.09 Decreased By ▼ -0.01 (-0.16%)
PRL 15.05 Decreased By ▼ -0.18 (-1.18%)
PTC 7.17 Decreased By ▼ -0.02 (-0.28%)
SILK 1.24 Increased By ▲ 0.14 (12.73%)
SNGP 26.15 Decreased By ▼ -0.05 (-0.19%)
TELE 10.95 Decreased By ▼ -0.11 (-0.99%)
TPL 9.05 Decreased By ▼ -0.35 (-3.72%)
TPLP 15.92 Decreased By ▼ -0.38 (-2.33%)
TREET 29.90 Decreased By ▼ -0.26 (-0.86%)
TRG 77.00 Increased By ▲ 0.23 (0.3%)
UNITY 22.45 Decreased By ▼ -0.76 (-3.27%)
WAVES 12.95 Decreased By ▼ -0.30 (-2.26%)
WTL 1.55 Increased By ▲ 0.01 (0.65%)
YOUW 5.04 Decreased By ▼ -0.01 (-0.2%)
BR100 4,273 Decreased By -3.8 (-0.09%)
BR30 14,897 Decreased By -58.5 (-0.39%)
KSE100 42,983 Decreased By -43.4 (-0.1%)
KSE30 16,350 Decreased By -10.3 (-0.06%)

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.