After Toyota Indus Motor Company (IMC), Honda Atlas Cars Limited (HACL), and Sazgar Engineering Works Limited (SEWL), Pak Suzuki Motor Company (PSMC) has also increased the prices of its cars.
While the company hasn’t cited any reason for the hike, mounting inflation and local currency depreciation are the likely culprits. With immediate effect, the rising car prices are as follows:
| Variants | Old Price (Rs.) | New Price (Rs.) | Increase (Rs.) |
| Alto | |||
| Alto VX | 1,699,000 | 1,859,000 | 160,000 |
| Alto VXR | 1,976,000 | 2,156,000 | 180,000 |
| Alto VXR AGS | 2,120,000 | 2,310,000 | 190,000 |
| Alto VXL AGS | 2,223,000 | 2,423,000 | 200,000 |
| Wagon R | |||
| Wagon R VXR | 2,421,000 | 2,629,000 | 208,000 |
| Wagon R VXL | 2,564,000 | 2,789,000 | 225,000 |
| Wagon R AGS | 2,802,000 | 3,059,000 | 257,000 |
| Cultus | |||
| Cultus VXR | 2,754,000 | 3,039,000 | 285,000 |
| Cultus VXL | 3,024,000 | 3,339,000 | 314,000 |
| Cultus AGS | 3,234,000 | 3,569,000 | 335,000 |
| Swift | |||
| Swift GL M/T | 3,180,000 | 3,479,000 | 299,000 |
| Swift GL CVT | 3,420,000 | 3,742,000 | 322,000 |
| Swift GLX CVT | 3,760,000 | 4,115,000 | 355,000 |
| Bolan | |||
| Bolan VX | 1,500,000 | 1,619,000 | 119,000 |
Earlier, Toyota IMC and SEWL increased the prices of some of their cars, possibly sparking the current wave of price hikes. On January 22, 2023, HACL followed suit with a price hike of its own.
With PSMC’s recent announcement, it seems that a new wave of price hikes is in full effect.
Expect alto vx selling at 6 million. Who will buy these crap at this price.
That time petrol and USD both priced at 600 PKR so people will buy alto. Allah help us.
Fool our country economy is hanging by cliff and people are worried about the new prices of the cars???!!!…
Jitni merzi price increase ker lo hum ne kon si leni hai
Cars are not getting expensive, our economy is tanking. People still need to buy cars and travel here and their. ab kiya karein!!!
Go for used cars, even if you have capacity for new. If realy needed.