Suzuki Hiked Price of One of its vehicles by Rs11 Lacs
Rs1,115,000. After this hike, the cost of the vehicle went from Rs3,460,000 to
biggest price hikes in local automotive industry in recent times.
It is pertinent to mention that Pak Suzuki imports this
All-Purpose Vehicle (APV), and doesn’t manufacture/assemble it locally. The increase in vehicles’ prices in Pakistan has
become a norm for the last year or so. All the major car companies have been hiking the prices of their cars. Earlier, the companies blamed high US dollar price, but the trend continued, although the dollar price has come down by
Suzuki GR150 now costs Rs290,000
United bikes to also become more expensive SAMAA | Bilal Hussain - Posted: Feb 2, 2021 | Last Updated: 2 months ago SAMAA | Bilal Hussain Posted: Feb 2, 2021 | Last Updated: 2 months ago
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Pak Suzuki has also increased the prices of three of its motorcycles by up to Rs4,000 after Atlas Honda announced an increase. United Auto Industries has also increased its motorcycle prices by up to Rs2,000. Â Â Â Â Â
Suzuki GR150 is now priced at Rs290,000. Meanwhile, GS150 and GS150SE price has been jacked up by Rs4,000 each. The new price for GS150 is 197,000, and GS150SE 214,000. Â
Earlier, Atlas Honda has also notified its dealers about the price increase. Honda CD70, the most selling motorcycle in Pakistan, will now cost Rs81,900 after an increase of Rs2,400. Both Honda and Suzuki prices have been effective from February 1.
Pak Suzuki hikes price of APV by over Rs1.1 million
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Local automakers blame high US dollar price for the increase in the prices.
LAHORE (Web Desk) – Pak Suzuki has hiked the price of one of its vehicle APV by Rs1,115,000 taking the price to Rs4,575,000, automotive website PakWheels reported on Tuesday.
The website stated that Suzuki imports and doesn’t manufacture/assemble it locally.
Local automakers blame high US dollar price for the increase in the prices but despite falling/ stable price of the greenback, prices of locally as well as imported vehicles are being hiked. Tags:
Pak Suzuki fails to deliver Cultus, Swift over supply issues
Issue has become commonplace due to COVID-19 pandemic SAMAA | Bilal Hussain - Posted: Jan 23, 2021 | Last Updated: 2 months ago SAMAA | Bilal Hussain Posted: Jan 23, 2021 | Last Updated: 2 months ago
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Pak Suzuki, the company that sells the most cars in the country, is facing issues in delivering cars on time, especially the Cultus and Swift. Meanwhile, the standard version of the companyâs Alto is readily available in 30 days since it needs fewer imported parts.
âWe are unable to deliver the Cultus and Swift cars that were supposed to be delivered in November [2020],â said a company official. âThis is due to supply chain issues the industry is facing.â
KARACHI: After taking a breather a day earlier, bulls stormed forward on Wednesday where the KSE-100 index crashed through the strong barrier of 45,000 points and clocked in massive gains of 503 points or 1.13 per cent to climb to 31-month high at 45,153 points.
The index settled at just 40 points short of the day’s high of 45,194 points. Market capitalisation saw addition of Rs95 billion in a single day.
The significant feature of the day was the surprise buying by foreign investors of stocks worth $1.37 million. Among local participants, only companies matched that figure with net purchases of equity amounting to $1.62m.
Investors picked up equities from across the sectors which included exploration and poduction on account of spike in international oil price on the conclusion of agreement among OPEC+ countries.