Tag: New Prices
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‘Extreme volatile situation of Pakistani rupee’ forces Toyota to announce third price hike of 2023
Indus Motor Company (IMC), the manufacturer of Toyota vehicles in Pakistan, has increased prices for its CKD vehicles lineup by upto Rs890,000. The price hike has been attributed to “economic uncertainties and volatility of Pakistani rupee”, according to a notice sent to dealer principals, CEOs, and sales heads by the company. Below are the new…
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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…
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Suzuki Swift GLX now costs more than Rs4.1 million after recent price hike of Rs355,000
As expected, Pak Suzuki Motor Company (PSMC) has announced a price hike for all cars after Toyota Indus Motor Company (IMC) and Honda Atlas Cars Limited (HACL). The revised retail sale prices will come into effect from January 25, 2023, according to PSMC. Here are the new prices: Model Old Price (Rs) New Price (Rs)…
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Pak Suzuki increases motorcycle prices for all models
Pak Suzuki has once again announced a rise in prices across the board due to the depreciation of the Pakistani rupee (PKR), much like all of its two-wheeler rivals in the Pakistani market. The majority of motorcycle consumers are no longer able to afford the motorcycles due to price increases. Unfortunately, the only option left…
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Honda Atlas announces price hike instead of fixing delivery issues
Honda Atlas, like its counterpart Indus Motor Company, announced a price hike for the second time in less than two months, increasing ex-factory prices up to Rs170,000, claiming rupee devaluation as the cause for transferring the burden to the consumers. The ‘latest generation’ of Honda city in Pakistan is now priced at Rs3,264,000 after getting a hike…