Pak Suzuki Motor Company and Lucky Motor Corporation have both announced significant price reductions on their respective vehicle models, effective from May 1, 2024, and April 29, 2024, respectively.
Pak Suzuki Motor Company has slashed the prices of its Swift models, with reductions ranging from Rs 85,000 to Rs 710,000. The Swift GL MT model will now be priced at Rs 4,336,000, while the Swift GL CVT and Swift GLX CVT will be available for Rs 4,560,000 and Rs 4,719,000, respectively. These new retail prices include Federal Excise Duty (FED) and Sales Tax but exclude Advance Income Tax. The price cuts are attributed to current market conditions.
In a similar move, Lucky Motor Corporation has announced a substantial price reduction for the Kia Stonic EX+ model, lowering its price by Rs 1,513,000. This adjustment brings the price down to Rs 4,767,000 from the previous Rs 6,280,000, representing a remarkable 24.08% decrease. Effective from April 29, 2024, this reduction applies exclusively to the Kia Stonic EX+ model, with no changes to the prices of other models in the lineup.
