Tag: New Car Prices Pakistan

Pak Suzuki have once again increased its cars prices in year 2023. The first increase came in Jan 2023. However, as the local currency have deteriorated further, Suzuki Pakistan is again forced to increase its cars’ prices once again in the current year. Like other auto manufacturers of Pakistan, Suzuki Pakistan also relies on the import of completely knocked down (CKD) cars kits to manufacture its cars. This means any fluctuations in the value of local currency will direct impact the company. Following are the old and new prices after the second Pak Suzuki prices increase in Feb 2023. Car Make & Model New Price Old Price Difference Suzuki Alto VX 2,034,000 1,859,000 175,000 Suzuki Alto VXR 2,359,000 2,156,000 203,000 […]

Just recently in the Jan 2023 Honda Pakistan had increased its cars’ prices, however, in Feb 2023 Honda is again forced to increase their car prices due to the difficulties which the whole auto industry of Pakistan is facing. These difficulties include the increase of cost of making vehicles due to the local currency devaluation against international currencies like US Dollar. Difficulties like hurdles in opening Letter of Credits (LCs) for the import of car kits. Anyways, Honda has once again announced a price hike in the prices of its cars. Details of new and old prices are as follows. Car Make Model New Price Old Price Increase Honda Civic Standard (Automatic, Petrol) 7,299,000 6,849,000 450,000 Honda Civic Oriel (Automatic, […]

Currently Pakistan’s economy is not doing very well. The currency value is depreciating fast. There are restrictions on all kinds of imports including completely knocked down (CKD) vehicles. Some direct and some due to restrictions and difficulting in opening of the Letters of credits (LCs) for imports. These all factors have increased the costs of all the auto manufacturers of Pakistan. Which have resulted in almost all companies increasing their vehicle prices. In a similar move Haval Pakistan have recently increased its vehicle prices in Pakistan. Details of these increases are as follows. Haval H6 Prices Increased Vehicle Current Price Old Price Difference Haval H6 1.5 8,449,000 7,425,000 1,024,000 Haval H6 2.0 9,649,000 8,499,000 1,150,000 Haval H6 HEV 10,995,000 9,749,000 […]

Recently most of the auto manufacturers of Pakistan are increasing their cars and the bike prices in Pakistan due to the increased cost. The ever deteriorating Pakistani currency value, low foreign exchange reserves of the country and the resulting import restrictions, low sales due to inflation, non continuity of the govt policies are the main reason for this cost increase for the vehicle manufacturers. Anyways the price increase of Peugeot vehicles is as follows. Peugeot 2008 increase in the price Vehicle New Price Old Price Difference Peugeot 2008 Active 5,899,000 5,400,000 499,000 Peugeot 2008 Allure 6,599,000 6,100,000 499,000 Peugeot sells only one car in Pakistan which is Peugeot 2008 and actually its two variants are available which are Active and […]

Recently all the automakers including the bike producers of Pakistan are increasing the prices of their cars, bikes and other vehicles due to common factors which are increasing the costs of all automakers of Pakistan. These factors include the restrictions on imports, deteriorating value of local currency and the bad shape of Pakistan’s economy right now. For the reasons, some listed above and more, Hyundai Pakistan have also announced the prices increase for its vehicles. Details of old and new ex-factory prices of Hyundai vehicles are as follows. Vehicle Make, Model & Variant New Prices Old Prices Difference Hyundai Elantra 1.6 5,699,000 5,299,000 400,000 Hyundai Elantra 2.0 6,099,000 5,699,000 400,000 Hyundai Sonata 2.0 8,649,000 8,149,000 500,000 Hyundai Sonata 2.5 9,399,000 […]