Pak Suzuki Motor increases car prices yet again
ISLAMABAD - Pak Suzuki Motor Corporation has increased its vehicles’ prices yet again.
It is for the fifth time this year as a response to depreciating rupee against the dollar.
As per the company’s announcement, the price of Cultus, Swift, and Wagon R has increased by Rs.40,000. However, it refrained from increasing the price of Ravi, Bolan, and Mehran given the sales of these vehicles are on a decline already. ------------------------------
Here are the increased prices announced by the company: Model Retail Price August Retail Price in October WagonR VXR 1,144,000 Rs.1,184,000 WagonR VXL 1,234,000 Rs.1,274,000 Suzuki Swift DLX 1,475,000 Rs.1,515,000 Suzuki Swift AT 1,611,000 Rs.1,651,000 Cultus VXR 1,340,000 Rs.1,380,000 Cultus VXL 1,461,000 Rs.1,501,000 Cultus AGS 1,568,000 Rs.1,608,000
It is pertinent to mention here that three major automobile manufactures i.e. Atlas Honda, Pak Suzuki , and Indus Motors have ratcheted up their vehicles’ prices more than three times to deal with the rising cost of manufacturing and imports.