Tag: ckd
-
Kia increases car prices by up to Rs1.3 million ‘due to significant devaluation of Pakistani rupee’
As the value of the Pakistani rupee (PKR) against the US dollar falls to an all-time low, Kia Lucky Motors Corporation (KLMC) has announced a significant hike in their car prices in Pakistan. Details indicate that, depending on the model, the manufacturer has increased the price of the Kia Picanto, Kia Sportage, Kia Stonic, Kia…
-
Pak Suzuki increases motorcycle prices by up to Rs25,000
Pak Suzuki Motor Company Ltd. (PSMCL) has increased motorcycle prices by Rs20,000-25,000, effective February 1st. The new rate for GD110 S, GS150, GSX125, and GR150 is Rs264,000, Rs286,000, Rs384,000, and Rs410,000. However, the company’s communication to authorised dealers lacked any explanation for the price increase. PSMCL had temporarily ceased taking new bike orders as of…
-
Pak Suzuki announces second plant closure in less than 10 days due to parts shortage
Due to a persistent lack of imported components and accessories, Pak Suzuki Motor Company Ltd (PSMCL) has prolonged the factory shutdown from January 9 to 13 after keeping manufacturing operations paused from January 2 to 6. However, the business stated in a stock filing on Friday that the motorbike facility will continue to be in…
-
Suzuki announces free registration for Wagon R amid sales slump, production issues
Suzuki Wagon R purchasers can now benefit from a free registration offer on the purchase of an auto gear shit (AGS) variant.
-
Honda Pakistan to launch the long-awaited HR-V tomorrow
The long-awaited all-new Honda HR-V will finally make its formal debut on Friday, according to Honda Atlas Cars Limited (HACL), which recently teased the crossover in a Facebook post and confirmed the unveiling. Honda Pakistan will offer two versions of the HR-V, the VTi and VTi S. The 1.5-liter 4-cylinder naturally aspirated (NA) petrol engine in…
-
Govt lifts import ban on luxury goods with heavy duties
On the recommendation of the International Monetary Fund (IMF), the Federal Minister for Finance and Revenue, Miftah Ismail, announced lifting of the ban on the import of luxury and non-essential goods on Thursday. He added, however, that the Regulatory Duties (RDs) would be increased significantly to deter the import of such items. “It is requirement…
-
Toyota announces a massive price increase for all vehicles
Toyota Indus Motor Company (IMC) has introduced a massive price hike.
-
Toyota to temporarily suspend production in Pakistan
The impact of the current economic crisis has reportedly forced Toyota Indus Motor Company (IMC) to halt production in Pakistan. In accordance with the information, Toyota IMC will reimburse clients who paid deposits for reservations since the business is unable to complete such orders. Toyota IMC previously cited restrictions on the State Bank of Pakistan’s…
-
Toyota Camry after a hike of Rs2 million, priced at Rs23.3 million
Toyota Indus Motor Company (IMC) has announced a massive price hike for all completely built-up (CBU) units offered by the Japanese automaker in Pakistan. The price of Toyota Camry is upped by Rs2 million and will now cost Rs23.3 million The only variant of the popular hybrid model, Toyota Prius received a hike of Rs1.26…
-
Toyota Land Cruiser is now priced at Rs8 crore after a hefty price hike
The new Land Cruiser was unveiled in Pakistan by Toyota Indus Motor Company (IMC) at a staggering price of Rs72.50 million. The SUV is a one-of-a-kind vehicle in Pakistan, with pricing comparable to some of the most expensive German SUVs. Due to the depreciating Pakistani rupee, overall inflation and rising transportation costs, the Land Cruiser,…