Pak Suzuki has raised prices for most of its cars. The move comes after the company suffered declining sales recently.
During the taxi scheme’s heyday, Pak Suzuki made substantial profits. In the last 9 months of 2016 however, Pak Suzuki’s profits went down by 55% compared with the same period last year.
Read More: Pak Suzuki Profits Down By 55 Percent
The decline in sales/profits following the end of the Punjab Taxi Scheme may have triggered the increase in prices. Another reason for the rise in prices comes in the wake of a stronger Japanese Yen against the Pakistan Rupee.
New Prices
These are the new prices for Pak Suzuki vehicles and vehicle models (increase in price mentioned in brackets):
- WagonR VXR = PKR 1,054,000 (+25,000 rupees)
- WagonR VXL = PKR 1,094,000 (+25,000 rupees)
- Ciaz M/T = PKR 1,859,000 (+160,000 rupees)
- Ciaz A/T = PKR 1,999,000 (+160,000 rupees)
- Mehran VX = PKR 655,000 (+5,000 rupees)
- Mehran VXR = PKR 708,000 (+5,000 rupees)
- Mehran VX CNG = PKR 725,000 (+5,000 rupees)
- Mehran VXR CNG = PKR 778,000 (+5,000 rupees)
- Ravi VX = PKR 672,000 (+1,000 rupees)
- Bolan VX = PKR 730,000 (+5,000 rupees)
The new prices are applicable from April 1st. Any orders placed before April 1st will not be charged with the new prices.
Suzuki Ciaz has seen the biggest price raise of all with a Rs. 160,000 increase for both the automatic and manual transmission options. This price hike before the car’s release might turn off potential buyers as well.
For WagonR VXL and VXR, the prices went up by Rs. 25,000. An increase of Rs. 5,000 in all Suzuki Mehran models may affect its sales adversely.
Not The First Time
This isn’t the first time prices were increased for Suzuki cars. Last year in August, the company increased prices for Suzuki Cultus, WagonR and Mehran by Rs. 80,000, Rs. 103,000 and Rs. 20,000 respectively. This was right at the end of the taxi scheme in Punjab.
its a really bad April fools joke, with the only fools being NaPak Suzuki!
MCBCKKKDBB
Each of these above letters has a meaning use your imagination
All directed to “Suzuki”
hahahahahahaha…… still u will see people purchasing Mehran, its really a rikshaw with windows and tin roof :D
Well said
Absolutely. Purchasing Mehran for almost 800,000 is ridiculous
They increased price for even their cr*p teen dabba aka Mehran
They are encouraging Pakistani people to buy imported cars with more ease than ever.
کنستر کے ڈبے سے تیار ہونے والی کار….
Think from their perspective. When people are ready to buy their cheap quality cars in exorbitantly high price then why should they spend money on quality and improvements. It shows the consumer is not asking for a quality product. They will invest and focus only when people stop buying their cars or boycott them.
Mera bhai car industry ka bara avid reader hai aur usne mujhe ye baat 6 months pehle ee bta de ge. Ab anay waly kuch dino tak toyota bhe yehe kary ga.
Kyunki new auto policy se new players ayen ge market mein jese k VW , audi maybe ford Kia or someone else. Consumer unke cars per hot cake ki tarah bhagen ge, kyunki wo ache honge aur tax cuts ki waja se affordable bhe. Existing players unke launch se pehle he apni cars ki keemat bht barha den ge aur capital aktha karan shuru karden ge. Jab new players officialy launch karen ge to ye players apni cars per massive subsidy den ge new players se bhe sasti to monopolize there stake