ISLAMABAD – Pak Suzuki recently raised the prices of most of its vehicles.It has now announced another price hike for more of its models sold inPakistan. The new prices that went into effect yesterday see an increase inthe retail tag of Suzuki Cultus, AGS, Swift DLX NV and Swift AT NV go up byPKR 30,000.
To this effect, the company has issued a notification for all itsauthorized dealers which sees the prices of the following models go up byPKR 30,000.
– Suzuki Cultus AGS: Rs. 1.668 million – Suzuki Swift DLX NV: Rs. 1.585 million – Suzuki Swift AT NV: Rs. 1.721 million
It is important to point out that these prices are inclusive the ex-factoryand freight charges that will be incurred on the models to reach thedealership.
While no official reason has been given for the increase, it is safe toassume it was done due to the devaluation of the rupee against the USDollar, which has led to an increase in the cost of imports andinadvertently increased the cost of production. Meanwhile, Suzuki has seena massive drop in its profits and is now trying to outset it with higherprices.
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Prospective buyers, who did not submit the balance payment within the duedate, will have to pay the new price with immediate effect.
The company had increased the prices in March by PKR 40,000 and PKR 100,000for both the locally manufactured models as well as the CBUs.
In June, the company plans to launch the Suzuki Alto 660cc and its bookingprice has been set at PKR 9.5 million.
