Three auto manufacturers have raised their prices in reaction to the high policy rate and continuous rise of the dollar’s value compared to the Pakistani rupee, surprising customers who are already feeling the effects of surging inflation.
Pak Suzuki Motor Company, After Indus Motor, and Honda Atlas Cars, have raised the prices of their vehicles by between Rs115,000 and Rs355,000.
According to the most recent Suzuki pricing list, the price of the Suzuki Alto VX has risen by Rs160,000, to Rs1,859,000.
The price of the Alto VXR increased by Rs. 180,000 to Rs. 2,156,000, while the price of the Alto VXR AGS increased by Rs. 190,000 to Rs. 2,310,000.
Alto AGS’s price has risen by Rs200,000 according to the company’s new pricing of Rs2,423,000.
Pak Suzuki Motor raised the price of the Cultus VXR from Rs2,754,000 to Rs3,039,000, an Rs285,000 rise.
While the price of the Cultus VXL was raised from Rs3,024,000 to Rs3,339,000, an Rs315,000 increase.
Furthermore, an Rs335,000 increase has raised the purchase price of Cultus AGS to Rs3,569,000.
Pak Suzuki’s WagonR is no exception.
The WagonR VXL’s price has risen by Rs225,000 to Rs2,789,000, while the VXR’s price has risen by Rs208,000 to Rs2,629,000.
Customers will spend Rs3,059,000 extra for the WagonR AGS, an Rs257,000 premium.
Swift GLMT prices rose by Rs. 299,000 to Rs. 3,479,000, Swift GL CVT prices up by Rs. 322,000 to Rs. 3,742,000, and Swift GLX CVT prices rose by Rs. 355,000 to Rs. 4,115,000.
Pavan Manzoor is an experienced content writer , editor and social media handler along with a track record of youth-oriented activities in Pakistan and abroad. She was selected as a fully-funded delegate as a leadership fellow in Turkey. She also led a team of 5 volunteers at the week-long Young Professionals Fellowship in Maldives. She is also a member of the Youth Standing Committee on Higher Education.