Pak Suzuki increases the price of its CBUs

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Pakistan’s local carmaker, Pak Suzuki, has increased the rates of its CBU vehicles by Rs100,000-300,000.

Amidst the pressure on Pakistani rupee and its constant devaluation, local car and bike makers have increased the rates of their vehicles. Similarly, Pak Suzuki also bumped the prices of its domestic cars, and now after some wait, it has also raised the prices of its imported vehicles.

According to the details, the new prices of its imported car are as follow:

Models New prices Old prices
Suzuki Ciaz manual Rs1.960 million Rs1.859 million
Suzuki Ciaz automatic Rs2.100 million Rs1.999 million
APV 1.5L Rs2.718 million Rs2.418 million
Suzuki Vitara GLX Rs3.890 million Rs3.790 million

Aside from imported vehicles, as mentioned above, the rates of its local cars have also gone up by 40,000 rupees starting from November 2018. This is the fifth time that Pak Suzuki has increased the prices of its car this year. Below mentioned are the revised prices:

Pak Suzuki cars

Read More: Toyota IMC announces price increase effective from Nov 2018

Furthermore, the company has increased the prices of its bikes from November 1st 2018 as well, which are as below:

Models New prices Old prices Difference
GR150 PKR 235,000 PKR 229,000 PKR 6,000
GD110S PKR 150,000 PKR 145,000 PKR 5,000
GS150 PKR 155,000 PKR 150,000 PKR 5,000
GS150SE PKR 175,000 PKR 170,000 PKR 5,000

In the last three months, the company has performed well in the local market and has sold 5,660 bikes units. Moreover, if we compare the sales unit of July-August-September 2018 with the same period of the corresponding year than surely the company has shipped more bikes in 2018.

Other than this, in a report submitted by Pak Suzuki, the company’s profit is down by 91% to 95 million rupees in the quarter that ended on 30th September 2018. Moreover, Pak Suzuki has already announced discontinuing Mehran from March 2019 and plans to introduce locally manufactured Suzuki Alto 2019 660cc in the country.

Related: Honda Atlas increases prices of its cars, effective from 22nd Oct 2018

Stay tuned to for the latest updates.

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