Pak Suzuki to increase car prices by up to Rs90,000 from Jan 1

Pak Suzuki Motor Company (PSMC) is set to mark the new year by increasing the prices of its car from January 1, 2020.

According to media reports, the PSMC cars would witness a minimum Rs49,000 to a maximum Rs90,000 increase for different variants.

It is pertinent to mention that the local auto manufacturers are constantly increasing the prices of their vehicles, which has caused a significant reduction in the sales of brand-new cars.

Pak Suzuki has already increased the prices of its vehicles for five times in the year 2019.

On Dec 2, PSMC had hiked the prices of motorbikes by Rs8,000 (with effect from December 2019).

Apart from Pak Suzuki, Atlas Honda had also increased the prices of its products.

Monitoring Desk
Monitoring Desk
Our monitoring team diligently searches the vast expanse of the web to carefully handpick and distill top-tier business and economic news stories and articles, presenting them to you in a concise and informative manner.

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