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Honda City & competitors’ prices since 2021.
Possibly the most common and often driven subcompact automobiles in Pakistan are those in the B-Segment.
Several new competitors have entered the market in the last two years, including the all-new Suzuki Swift, Toyota Yaris, Changan Alsvin, and the sixth-generation Honda City.
The four subcompact automobiles’ costs have nearly doubled recently, meanwhile, as a result of the disastrous local currency devaluation.
These are the increases in price for these cars over the past 12 months:
Models | Price in August 2021 (Rs.) | Price in August 2022 (Rs.) | Increase (Rs.) |
Toyota Yaris | |||
1.3 Gli M/T | 2,409,000 | 3,799,000 | 1,390,000 |
1.3 Gli CVT | 2,589,000 | 4,039,000 | 1,450,000 |
1.3 ATIV M/T | 2,519,000 | 3,999,000 | 1,480,000 |
1.3 ATIV CVT | 2,669,000 | 4,209,000 | 1,540,000 |
1.5 ATIV X M/T | 2,719,000 | 4,309,000 | 1,590,000 |
1.5 ATIV X CVT | 2,899,000 | 4,569,000 | 1,670,000 |
Honda City | |||
1.2L MT | 2,599,000 | 4,049,000 | 1,450,000 |
1.2L CVT | 2,799,000 | 4,199,000 | 1,400,000 |
1.5L CVT | 2,899,000 | 4,439,000 | 1,540,000 |
1.5L Aspire MT | 3,019,000 | 4,609,000 | 1,590,000 |
1.5L Aspire CVT | 3,174,000 | 4,799,000 | 1,625,000 |
Changan Alsvin | |||
1.37 M/T | 2,149,000 | 3,394,000 | 1,245,000 |
1.5 DCT | 2,399,000 | 3,659,000 | 1,260,000 |
1.5 Lumiere DCT | 2,589,000 | 3,844,000 | 1,255,000 |
Suzuki Swift | |||
1.2 GL Manual | 1,972,000 (Old Model) | 3,349,000 | 1,377,000 |
1.2 GL CVT | 2,148,000 (Old Model) | 3,599,000 | 1,451,000 |
1.2 GLX CVT | – | 3,959,000 | – |
As can be seen above, Changan Alsvin’s price has increased the least while that of its rivals has increased dramatically.
Particularly Toyota Yaris and Honda City have suffered a sharp increase in price, which may put them at a disadvantage.
Value for money has always been a major selling point for Alsvin. Changan Alsvin still has that selling point despite the recent price increase, which will probably boost its sales going forward.
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