Honda HR-V dealers are starting to prepare for its first imminent release as Honda has posted another video teaser on social media with the title Get ready for a terrific future. Honda HRV is coming. Stay tuned. The wheels are already turning for the launch of the Honda HR-V as Honda has released its second video teaser, issuing a caption announcing it is all set to “start an exciting new journey.” The Honda HR-V is on its way. Stay tuned.

This model compact crossover SUV will contend with the Kia Sportage, Hyundai Tucson, MG HS, Haval Jolion, and others. The HR-V is likely to debut in Pakistan with two powertrain options.

A 1.5-liter 4-cylinder petrol engine with 119 horsepower (hp) and 145 Newton-meters (Nm) of torque.

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Both engines send power to the front wheels only, via a CVT automatic transmission. In June, the price of the HR-V test unit was Rs. 6.05 million. However, after massive local currency devaluation, its price is likely to be around Rs. 7 million.

Launch Delay Reports

A source believed to have been reliable revealed that the recent financial downturn would likely have an effect on the debut of the HR-V SUV in Pakistan. The handle was first displayed at the 2022 Pakistan IAS (PAS). However, a subsequent incident has happened since then.

USD (American Dollar) has recently surpassed $1.12 on average twice; the State Bank of Pakistan (SBP) has requested auto companies to cut back on production. The government recently announced the imposition of higher taxes on car parts. Car prices have risen by an average of 20%. Car sales have declined significantly.

These factors have caused most automakers to postpone new car launches. The source added that auto-sector activity will remain subdued until the ongoing chaos subsides, which could take until Q2 of 2023.

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