Pak Suzuki Motor Company and Toyota Indus Motor Company increased their vehicle prices by another Rs 263,000 in the current calendar year.
Suzuki, known as the country’s top automaker, will raise its interest rate for the fourth time in 2023. The auto giant cited rising inflation and a sharp devaluation of Pakistan’s rupee as factors in the recent surge.
Suzuki’s most famous hatchback Alto VX is currently priced at his Rs2,144,000, an increase of Rs110,000. The company’s Wagon R marked his Rs 185,000 markup and now he sells for Rs 3,062,000. Swift’s new price is set at over 4 million rupees, and this variant was previously priced at 3,807,000 rupees.
Here are the latest prices of Suzuki models
Toyota prices
Following the same trend, Toyota too soared the prices in wake of the Pakistani rupee’s depreciation against the greenback. The carmaker claims to be facing issues in maintaining its current prices amid the worst economic crisis in recent years.
In recent times, Kia, Hyundai, and other automobile companies increased the prices of their cars, passing portion of increase in expenses to the consumers.
