Pak Suzuki has hiked the prices for its Suzuki Cultus VXL, AGS and Suzuki Swift Automatic Navigation by up to Rs. 100,000. As per the official notification from Pak Suzuki Motors, the new price of Cultus VXL is Rs. 1,970,000 with an increase of Rs. 70,000. The old price for the Cultus VXL was Rs. 1,900,000.
Meanwhile, Cultus AGS has seen a price hike of Rs. 100,000 which makes it Rs. 2,130,000. The old price of this variant was Rs. 2,210,000.
Furthermore, the new price for the Suzuki Swift Automatic Navigation is increased by Rs. 35,000. The new price of the Suzuki Swift Automatic Navigation is set at Rs. 2,210,000. The old price of this car was Rs. 2,175,000.
Furthermore, the company is charging Rs. 1,730,000 for its WagonR VXL. The old price of this car was Rs. 1,695,000. Pak Suzuki also increases Swift MT price. The old price of the variant was Rs. 1,995,000 and new price is Rs. 2,030,000, whereas, Swift AT’s is also increased by Rs. 35,000 and price jumps to Rs. 2,140,000.
The new prices will be valid from 1st of December 2020.
Earlier Price Hikes by Pak Suzuki
This is not the first time Pak Suzuki increases their car prices despite facing lose. Back in October, Suzuki revised its price for the Alto, Wagon R and Swift variant by up to Rs. 42,000.
The increase in Pakistan was mainly due to the increase in dollar price, as per the justification by the company, however, it is pertinent to mention that the rupee became stronger in the last few weeks but still Suzuki hiked their car prices.
The new prices of the Alto VXR and Alto AGS are Rs. 1,433,000 and Rs. 1,633,000 respectively after an increase of Rs. Rs. 35,000. Meanwhile, the new WagonR VXR also saw a price hike of Rs. 42,000 and new price for the WagonR VXR is stood at Rs. 1,640,000.
The company has been observing loss in sales, and experts believe that the company is increasing prices in order to cover its losses.