The price hike storm is far from over, following Pak Suzuki Motor Company’s (PSMC) second price hike within two weeks.
As per the ongoing trend, Pak Suzuki has cited mounting inflation and local currency depreciation as the culprits for the price increase. With immediate effect, the revised car prices are as follows:
Variants | Old Price (Rs.) | New Price (Rs.) | Increase (Rs.) |
                                                Alto | |||
Alto VX | 2,034,000 | 2,144,000 | 110,000 |
Alto VXR | 2,359,000 | 2,487,000 | 128,000 |
Alto VXR AGS | 2,528,000 | 2,665,000 | 137,000 |
Alto VXL AGS | 2,615,000 | 2,795,000 | 144,000 |
                                              Wagon R | |||
Wagon R VXR | 2,877,000 | 3,062,000 | 185,000 |
Wagon R VXL | 3,052,000 | 3,248,000 | 196,000 |
Wagon R AGS | 3,348,000 | 3,563,000 | 215,000 |
                                               Cultus | |||
Cultus VXR | 3,326,000 | 3,540,000 | 214,000 |
Cultus VXL | 3,654,000 | 3,889,000 | 235,000 |
Cultus AGS | 3,906,000 | 4,157,000 | 251,000 |
                                               Swift | |||
Swift GL M/T | 3,807,000 | 4,052,000 | 245,000 |
Swift GL CVT | 4,092,000 | 4,335,000 | 263,000 |
Swift GLX CVT | 4,462,000 | 4,725,000 | 263,000 |
                                             Bolan | |||
Bolan VX | 1,754,000 | 1,852,000 | 92,000 |
With these new prices, Suzuki’s cars have become ridiculously expensive. Swift, in particular, has entered the small crossover territory, with a price that’s just Rs. 85,000 shy of a base Kia Stonic.
Last week, the automaker announced another production halt due to the ongoing economic situation and inventory shortage. More non-production days imply further sales decline. That, coupled with the recent price hike, may cause Pak Suzuki to lose a significant chunk of its market share.
Thanks to the imported government and their master boots
True but beware, some boot licker will still try to defend this cabal of looters.
Not just the prices but the automotive sector has fired over 250,000 employees as well. The car prices are already entering a dangerous territory and this trend continuous of non-production and raising prices without actual delivery of vehicles, we are looking at the death of the entire automotive industry.
Who will buy these crap at such price? And people defending their leader might go to bed with don’t even know every govt is responsible of current economic meltdown.
A total crap is compared to kia stonic
Swifts function not good
Body material crap
Engine faults
Wiring faults
Where as Kia stonic
Body material good
Engine problem zero
Wiring faults zero
With more functions