Pak Suzuki Motor Company (PSMC) has announced a major price hike for its popular vehicles. Not to be outdone by its Japanese rivals, PSMC has increased prices for the third time this year.
The latest price hike ranges from Rs. 40,000 to Rs. 129,000. Effective immediately, the new prices of Suzuki vehicles are as follows:
| Variants | Old Price (Rs.) | New Prices (Rs.) | Increase (Rs.) |
| Alto | |||
| Alto VX | 1,425,000 | 1,475,000 | 50,000 |
| Alto VXR | 1,675,000 | 1,733,000 | 58,000 |
| Alto VXL | 1,886,000 | 1,951,000 | 65,000 |
| Wagon R | |||
| Wagon R VXR | 2,019,000 | 2,084,000 | 65,000 |
| Wagon R VXL | 2,129,000 | 2,199,000 | 70,000 |
| Wagon R AGS | 2,319,000 | 2,399,000 | 80,000 |
| Cultus | |||
| Cultus VXR | 2,250,000 | 2,330,000 | 80,000 |
| Cultus VXL | 2,474,000 | 2,564,000 | 90,000 |
| Cultus AGS | 2,662,000 | 2,762,000 | 100,000 |
| Swift | |||
| Swift GL M/T | 2,694,000 | 2,774,000 | 80,000 |
| Swift GL CVT | 2,908,000 | 2,998,000 | 90,000 |
| Swift GLX CVT | 3,169,000 | 3,298,000 | 129,000 |
| Bolan/Ravi | |||
| Bolan VX | 1,283,000 | 1,328,000 | 45,000 |
| Bolan VX AC | 1,370,000 | 1,415,000 | 45,000 |
| Ravi | 1,216,000 | 1,256,000 | 40,000 |
The price hikes are due to rising raw material and shipping costs, depreciating local currency, and the Federal Excise Duty (FED) rate hike on locally assembled vehicles up to 1300cc. The new wave of price hikes is in full effect, which means that more price hikes are inbound.
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abhi to party shroo hoye hay
It is now on public to stop buying cars which are minimum one million higher compared to their quality. I too bought wagonr vxl costed me total 1.8 million with registration and believe me it should not cost more than 8 to 9 lac. And now 2.2 million without registration is totally unacceptable for me at least. It is better to go for Japanese cars in this price range.
boycott Suzuki…honda and toyota
they are all treating like mafia and looted company