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Owing to the sharp recovery in rupee's value against the US dollar, Pak Suzuki Motor Company (PSMC) on Tuesday decreased the prices of its cars in the range of Rs75,000-199,000.

The new prices will be applicable from August 16, 2022. The firm slashed prices of its vehicles after Indus Motor Company made a similar move a day ago. Late on Monday, the Indus Motor Company decreased the prices of its cars by Rs260,000-1,140,000.

In a notification to its authorised dealers, Pak Suzuki announced the drop in prices and stated that “the rates are subject to change without any prior notice and prices at the time of delivery shall apply”.

“Any government taxes and levies applicable at the time of delivery shall be borne by the customers,” the notification read.

Pak Suzuki increases car prices by up to Rs661,000

The company decreased the price of its Alto VX model by Rs90,000 to Rs1.699 million. The car was earlier available at Rs1.789 million.

Meanwhile, the company cut the price of Wagon-R VXR variant by Rs128,000 while the rate of Wagon-R AGS model fell Rs147,000.

Similarly, the company slashed the prices of three variants of Cultus in the range of Rs125,000-145,000.

Pakistan’s auto sector depends highly on the import of completely knocked down (CKDs) auto parts to assemble cars in Pakistan. Therefore, carmakers jack up prices whenever rupee falls against the US dollar.

In the past 11 sessions, from July 28 to August 16, rupee has recovered persistently against the US dollar in the inter-bank market, finishing at Rs213.9 from its all-time low of Rs239.94.

Rupee registers marginal appreciation against US dollar

Meanwhile, Suzuki Ravi recorded the least cut in price, of Rs75,000 and it is now available at Rs1.424 million. The rates of Bolan models have been slashed by Rs79,000

The prices of higher end Swift variants were reduced by Rs169,000-199,000. Following the cut, the Swift GL MT model is priced at Rs3.18 million while Swift GLX CVT model is available at Rs3.76 million.

Comments

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Mohammad Imran Aug 16, 2022 11:00pm
In sha ALLAH I want a Suzuki alto Kindly give me a detail for booking
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Dr Murtaza Aug 17, 2022 04:23am
Alto should be in range of 12 to 15 lac,prices of all cars are too high, should be decreased.All are looting the customers.
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Adil Riaz Aug 17, 2022 06:02am
@Mohammad Imran , abi price aur necha ayin ghi
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Fakher Aug 17, 2022 08:22am
Mujhe bhi
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Asghar Aug 17, 2022 09:02am
This is a minor reduction please further reduce because dollar will further depreciate upto 180 and 170 so please further reduce price other wise people not be able to purchase car due to high prices
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Concerned Aug 17, 2022 10:45am
@Dr Murtaza , the prices of the cars are roughly the same, what’s changed is the value of the country’s currency.
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Muhammad Wasim Aug 17, 2022 11:20am
Zulm ha itni qeemat. Awam decide karein December tak boycott of all new vehicles. Then see the results
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Saad Bukhari Aug 17, 2022 12:31pm
@Mohammad Imran , Don't Buy it's Teen Dabba.
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Abdul Zakir Aug 17, 2022 12:46pm
Still prices of cars are much high more reduce Price of cars for good business for Suzuki company.
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Muhammad [email protected] Aug 17, 2022 05:18pm
Shamefully price
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kashif Aug 17, 2022 07:38pm
the Alto vx was around 1.4 million before 01 august... they increase price by 3.5 and then reduce it by 0.9
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Waqas khan Aug 17, 2022 08:36pm
شرم نہیں آتی ان کار بنانے والی کمپنیوں کو جب اضافہ کرنا ہو تو پانچ سے سات لاکھ جب کم کرنا پڑ جائے تو صرف دو سے ڈیڑھ لاکھ۔
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Waqas khan Aug 17, 2022 08:36pm
شرم سے ڈوب مرنے کا مقام ہے پاکستان کار بنانے والوں کے لیے
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Kamran Aug 17, 2022 08:37pm
Cultus price must not be more than 20 lakh and swift 27 to 29 lakh. Actually, the concerned department has no where to be seen working.
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Kamran Aug 17, 2022 08:39pm
Qeemat 10 lakh opper ki or Kam sirf 2 lakh. Boycott lazmi hoona chaheye.
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Mubasher ahmad Aug 17, 2022 11:17pm
Pls pls kam az kam 6 month tak suzuki cars ko koi bhi na kharide inki badmashi tb hi thek ho gi india mein wagonr 5 lakh ki ha or yahan 27 lakh kuch tu sharam kro suzuki walo
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saqib khan Aug 18, 2022 01:28am
@Dr Murtaza , agreed
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Manazir Aug 18, 2022 07:16am
Khuda ka khauf karo, without AC Alto bhi 17 lakh ki kar di aap nay. Jo 10 lakh per start hoi thi. Ghalti hamari hai jo is پاپڑ k jaisi gari ko purchase kat rahay hain.
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Muhammad Ejaz Aug 18, 2022 08:07am
مقام افسوس ہے کہ متعلقہ ادارے مکمل طور پر خاموش ہیں جیسے انھیں سانپ سونگھ گیا ہو ورنہ یہی کمپنیاں ہمسایہ ملک انڈیا میں اس سے کہیں کم قیمت پر گاڑیاں فروخت کر رہی ہیں۔ ہمارے اداروں کے افسران کو شرم آنی چاہیئے کہ وہ کس بات کی تنخواہیں لے رہے ہیں جب وہ اپنی ذمداریاں ہی پوری نہیں کر رہے۔
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Asim Aug 18, 2022 11:43am
why do nationalists not use locally made vehicles why does our government not make the business-friendly environment for local manufacturers? Are 16 to 37 lacs is low prices for those who earns 70k to 100k. Highly shameful
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Asif Aug 18, 2022 01:41pm
Shameless act of all the Car Companies. Compare the difference between the Price Increased and Decreased. Should it not be the duty of the Government to check this Car Mafia.
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jems Aug 18, 2022 03:20pm
hamari ashrafiya kabhi nahi chahay gi k ek aam admi ka miyar e zindagi buland ho. or wo kabhi b asani paida nhi karen gay or na he apni mara aat ko khatam karen gay jab k yelog qarz riyasat or awam k naam pe lety hn or iska pora istemal inki aieyashyun pe hota hai jab k india ki misal hamary samnay hai jahan pe gariyun ki qemataen inti kam hn.
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Muhammad Asif Aug 18, 2022 06:38pm
Govt should take notice of higher prices.in India alto cars around about 4 5lac rupees .we know India cruncy is bit high the pakistani.but after that price must be around 12lacs
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Iftikhar Ahmad Aug 19, 2022 06:37pm
This is a minor reduction please further decrease prices as most of the people of Pakistan r poor.
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Iftikhar Ahmad Aug 19, 2022 06:40pm
This is a shameful reduction in prices. Cost of vehicles is very low as compared to prices.
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Amin Kharal Aug 20, 2022 07:57am
A good decision for costumer service
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Amin Kharal Aug 20, 2022 07:57am
A good decision for costumer service
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Syed badshah Aug 24, 2022 02:44pm
Cars prices are too much high against other sub continent. People can not buy evem smaller cars. Please reduce car prices so people can buy.
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