Pak-Suzuki jacks up car prices for fifth time in 2018

LAHORE — Renowned auto manufacturer, Pak-Suzuki has once again increased the price of its various vehicles.

The new prices will be applicable from the 1st of November, 2018.

Here is the updated price list along with the previous prices.

Model Previous Price – PKR New Price – PKR Difference
Suzuki Wagon R VXR 1,144,000 1,184,000 40,000
Suzuki Wagon R VXL 1,234,000 1,274,000 40,000
Suzuki Swift NAV-MT 1,475,000 1,515,000 40,000
Suzuki Swift NAV-AT 1,611,000 1,651,000 40,000
Suzuki Cultus VXR 1,340,000 1,380,000 40,000
Suzuki Cultus VXL 1,461,000 1,501,000 40,000
Suzuki Cultus AGS 1,568,000 1,608,000 40,000

The hike in prices is Suzuki’s fifth in the current year; Suzuki Pakistan has issued circulars to its dealerships providing details regarding the new prices and the start date.

In a circular issued to their dealers, Pak-Suzuki says that the company is compelled to increase the prices of Suzuki cars due to the negative exchange rate.

The surge in price is due to the devaluation of the rupee. In simple terms, not all parts of the cars are manufactured locally, so the automakers are forced to import parts from foreign vendors, which due to the devaluation of the rupee have now become expensive.

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