Pak Suzuki has started the new month with a bang by increasing prices. While the notice doesn’t highlight a reason for the hike, the local currency crash and logistics hurdles are the likely culprits.
From tomorrow, the new prices will be as follows:
| Variants | Old Price (Rs.) | New Prices (Rs.) | Increase (Rs.) |
| Alto | |||
| Alto VX | 2,144,000 | 2,251,000 | 107,000 |
| Alto VXR | 2,487,000 | 2,612,000 | 125,000 |
| Alto VXR AGS | 2,665,000 | 2,799,000 | 134,000 |
| Alto VXL AGS | 2,795,000 | 2,935,000 | 140,000 |
| Wagon R | |||
| Wagon R VXR | 3,062,000 | 3,214,000 | 152,000 |
| Wagon R VXL | 3,248,000 | 3,412,000 | 164,000 |
| Wagon R AGS | 3,563,000 | 3,741,000 | 178,000 |
| Cultus | |||
| Cultus VXR | 3,540,000 | 3,718,000 | 178,000 |
| Cultus VXL | 3,889,000 | 4,084,000 | 195,000 |
| Cultus AGS | 4,157,000 | 4,366,000 | 209,000 |
| Swift | |||
| Swift GL M/T | 4,052,000 | 4,256,000 | 204,000 |
| Swift GL CVT | 4,335,000 | 4,574,000 | 219,000 |
| Swift GLX CVT | 4,725,000 | 4,960,000 | 235,000 |
| Bolan | |||
| Bolan VX | 1,852,000 | 1,940,000 | 92,000 |
Suzuki recently announced a 6th series of non-production days since January 2023. According to the update, Pakistan’s biggest carmaker by market share will observe two non-production days (NPDs) on April 7 and 14 for car assembly and two non-production weeks for bike assembly in April.
The intermittent shutdowns have taken a toll on Suzuki’s sales. According to February’s report from Pakistan Automotive Manufacturer’s Association (PAMA), Suzuki sold fewer than 1,000 units. This is the automaker’s worst performance yet since countrywide COVID-19 lockdowns in April 2020, which saw production and sales reach zero.
The production pause in March may also take a toll on car sales. That, coupled with the recent string of price hikes, makes Suzuki’s future seem bleak.