Lucky Motor Corporation Limited (LMCL) has been praised for its ability to maintain vehicle prices. Sadly, Pakistani Rupee’s (PKR) devaluation and increase in freight charges have seemingly overwhelmed its consistency.
The company has now increased the prices for all Kia models except the Sorento and Carnival. The subcompact SUV Kia Stonic EX+ tops the list with the biggest price hike of Rs. 475,000 which has taken its price from Rs. 3,975,000 to Rs. 4,450,000.
Effective immediately, the new prices are as follows:
| Variants | Old Price (Rs.) | Revised Price (Rs.) | Increase (Rs.) |
| Picanto M/T | 2,186,000 | 2,400,000 | 214,000 |
| Picanto A/T | 2,292,000 | 2,500,000 | 208,000 |
| Sportage Alpha | 4,764,000 | 5,000,000 | 236,000 |
| Sportage FWD | 5,276,000 | 5,500,000 | 224,000 |
| Sportage AWD | 5,788,000 | 6,000,000 | 212,000 |
| Stonic EX | 3,750,000 | 4,150,000 | 400,000 |
| Stonic EX+ | 3,975,000 | 4,450,000 | 475,000 |
LMCL has increased the prices of Kia’s top sellers for the second time within 40 days. It has also possibly initiated a new wave of price hikes in the automotive industry.
It is safe to speculate, following Kia’s price revision, that Peugeot 2008’s price will also increase soon.
Shame on poor management…ethically this reflects impression that Lucky Motors are having more interest in profit rather customer satisfaction. I booked Stonic + on continuous follow up by Dealer. Should be reversed.
Y only increase prizes rather then quality it’s third time prizes raised I have booked Sportage in November around 53 now it’s 60 still delivery not done
i THINK PEOPLE SHOULD CANCLE THEIR BOOKINGS AS THE COMPANY HAS NOT BEEN ABLE TO KEEP ITS COMMITMENT TO DELIVER WITH IN THE TIME MENTIONED IN PBO WHICH IN ITSELF WAS TOO MUCH OF A DELIVERY TIME IN VIOLATION OF AUTO POLICY 2016-22. THE PRICES OF A HATCHBACK WITH LIMITED FEATURES REACHING 2.5 MILLION IS INSANE. LET ALONE THT THE CAR DOES NOT HAVE SIDE INDICATORS WHICH IS ALSO A ROAD HAZARD. HAD THIS BEEN ANY OTHER COUNTRY SUCH MODEL COULD NOT HAVE SEEN THE LIGHT OF THE DAY.
It is time to boycott KIA Motors, there are too many alternate, can go on prince Gallory, Alsvin, MG etc