KARACHI – Pak Suzuki Motor Company has announced the first hike for itspopular vehicles in 2023 by increasing the prices of various models byRs100,000-355,000.
While the auto giant has not cited any reason for the hike, mountinginflation and local currency depreciation are the likely reasons.
The price of its most famous model Alto has been soared to Rs 1,859,000with price difference of160,000, Wagon R VXR is now available atRs2,629,000, Cultus VXR at Rs3,039,000, Swift GL M/T at Rs3,479,000, andBolan VX at Rs1,619,000.
With immediate effect, the rising car prices are as follows:
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The worsening economic crisis badly affected the auto sector as thecountry’s leading carmaker Suzuki has not produced even a single vehicle in2023.
The other leading players are also facing the severe impact of thedilapidating situation, witnessing several non-production days every week.
