Regal Automobile Industries Ltd., which is the manufacturer and distributor of DFSK as well as Prince, has announced a price hike for two of its cars.
The company’s two famous cars are Glory 580 Pro by DFSK and Prince Pearl. On Wednesday, the company announced a price hike for both of these cars. Regal Automobile did not cite any reason for this hike, but at this point, it is evident that the devaluation of the rupee is the main cause of this inflation.
Here are the new increased prices of both the cars.
DFSK Glory 580 Pro New Price
The price of DFSK Glory 580 Pro has been increased from Rs. 5,900,000 to Rs. 6,200,000.
Prince Pearl New Price
The new price of Prince Pearl is now Rs. 1,700,000 instead of the old price of Rs. 1,539,000.
DFSK Glory 580 Pro is available at this price after full payment, while bookings for Prince Pearl have been closed now.
Terms & Conditions
- The above prices are the maximum suggested retail price, Ex-factory per unit inclusive of taxed and dealer commission.
- Orders with Payment Instrument Dated Feb 1, 2023 or before will be accepted on Old Price.
- For Pending Payments, deadline for Balance payment is Feb 15, 2023.
- Any impact on the price due to change in Pak rupee parity against US$, government levies tariff structure, fiscal policies, import policies, etc. will be on account of the customer.
- The above prices are provisional and subject to change without prior notice and price prevailing at the time of delivery shall be applicable.
- Bookings with full prices before the issuance of subject circular will be delivered at previous prices.
This is one of the countless car price hikes that have occurred in the past week due to the free fall of the rupee against the US dollar.
What are your views regarding these hikes? Share with us in the comments below!
In case rupee regains value then would price go down ?It’s Pakistan where burden is not only shared but put on buyers in a wholesome manner ! What a pity …..