Auto-makers in the country have hiked the prices of their cars and bikes despite a fall in the cost of imported parts as the rupee continues to strengthen, However, there has been a steep fall in sales during the first five months of the current fiscal year.
Pak Suzuki Motor CompÂany Ltd (PSMCL), has increased the prices of multiple models by Rs. 49,000-90,000 effective from 1st January of next year.
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The new prices are listed below:
| Model | New Price (Rs.) | Increase (Rs.) |
| Alto VXR | 1,398,000 | 90,000 |
| Alto VXL | 1,598,000 | 80,000 |
| WagonR VXR | 1,605,000 | 65,000 |
| WagonR VXL | 1,695,000 | 70,000 |
| Swift DLX M/T | 1,995,000 | 90,000 |
| Swift DLX A/T | 2,955,000 | 90,000 |
| Jimny | 3,990,000 | 90,000 |
Alto VXR and VXL are Rs. 1.398 million and Rs. 1.598 million following a price hike of Rs. 80,000-90,000. In the case of the WagonR VXR and VXL, the new price is Rs. 1.605 million and Rs. 1.695 million after a price hike of Rs. 65,000 and Rs. 70,000 respectively. Even Swift has seen its price increase by Rs. 90,000.
Aside from Cultus, almost all models have seen an increase in their prices.
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The 660CC Alto has observed multiple price hikes this year with the price being increased by Rs. 137,000 in August and then in October by Rs. 70,000-85,000.
The newly introduced Jimny has seen its price hiked by Rs. 100,000 to Rs. 3.990 million and even the bikes have seen their prices increased by Rs. 3,000-5,000.
Shafiq Ahmed Sheikh, PSMCL spokesperson said that the company had been posting losses in all four consecutive quarters till September.
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Due to this, they are trying to increase the prices despite the substantial decrease in cost. Although market experts are surprised over the increase in prices as demand is decreasing and the rupee is strengthening against the dollar.
Currently, a dollar is equal to Rs. 155 as compared to Rs. 164 in June, which points to the fall in cost of imports. The car sales are on the decline with a drop of 44% in overall sales during 5MFY20.
While carmakers and their vendors had boasted of achieving up to 70% localisation, they are still increasing prices and in the case of two-wheelers, there is 90% localization but the prices are still on the rise.
Yamaha Motors Pakistan Ltd has also increased the prices of its bikes from Jan 1, 2020. The new price of Yamaha YB125Z is Rs. 139,000, an increase from Rs. 136,500, while the YBR125G has seen its price go from Rs. 160,000 to Rs. 163,500 and YBR125 will see its price go to Rs. 156,000 from Rs. 153,500.
check swift’s AT price
This monopolistic minded company should dissolve in pakistan and new entrants should get a chance here… dollar has stopped and slowly starts declining but these greedy business titans are continue to set a bad trend here, only because currently there is no accountability of these companies..
Swift DLX A/c price to check
Suzuki should be ashamed of themselves for once.. Manipulation at its peek.. No doubt consumers needs to secure themselves & punish these local pathetic auto mafias..
LAKH DI LANAT Suzuki Tey
In k loss se me bohat khush hon – maro kameeno – awam ka khon choos rahe hen.
Way of life
End of LIFE
This company is a joke! Haha good luck with that. Permanent plant closure coming up soon.
Swift DLX A/T price can’t be real it is a type i guess.
These Robbers didn’t increase Cultus price because picanto bh kis is here to compete this creepy product. So they did not increase cultus price. Soon they will face hard competition by Chinese Automakers. Shig for Suzuki
Na pak suzuki motors.shameless according to our economy
I think Swift Automatic pricing is typo error
plz correct swith dlx automatic
30 lac ki agr swift hi leni he tu bhter he k aqua na ley len
Price peal ney phar ka rakh deni hai suzuki ki lakh lanat suzuki tay
Everybody please
LANAT BEJH KER FORWARD KERAIN
Suzuki motors boht begert ho gai hai
Kanjer k bachy bar bar rates increase kr rhe hen or Government koi action nhi le rhi
I think Swift DLX A/T 2,955,000, is wrong you updated the wrong digit :) don’t use CPT technology :) copy and paste technology
Nation should boycott buying their vehicles for at least a month in order to bring these greedy people to their knees
Please correct Suzuki Swift AT price
10 lacs for just auto transmission? WTH???????? Suzuki is insane. BC , politicians, Judges, Lawyers and now Car makers are also “Behti Ganga mein hath dou rahe”