Suzuki car prices increased significantly across Pakistan

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Suzuki car prices increased significantly across Pakistan

LAHORE – Pak Suzuki Motors Co. Ltd issued a notification on Saturday revising their prices again on owing to currency devaluation.

According to the issued notification, PSMCL stated, “Due to recent Pak Rupee devaluation and owing to its negative exchange rates impacts and new duties/taxes/FED levied by the government; it is extremely difficult for PSMCL to hold the current retail prices.”

PSMCL asserted that that retails prices are inclusive of,

*a)* Ex-factory product price per unit inclusive of 17 per cent Sales Tax, 2.5 per cent FED on all versions of Mehran, Wagon R, Cultus, Ravi & Bolan, 5 per cent FED on all versions of Swift, Ciaz, Jimny, APV, Mega Carry and Vitara (as per current Finance Bill of 2019-2020)

*b)* Freight charges incurred on vehicle to reach your dealership premises.

PSMCL stated that new prices shall be borne by the customers due to new government levies.