When the Pakistan auto industry was staring into the abyss of financial ruin, the government felt the contour of crisis and took a step to let the fortunes reverse.
The local car Industry is passing through the toughest days of history. First, the rupee depreciation began a series of price hikes, and then State Bank of Pakistan’s restriction regarding the issuance of letters of credits and import ban aggravated the situation. Resultantly, automakers were left with no option but to announce production cuts.
However, after the incumbent government ended the import ban, automakers started passing on the effect to the consumers. Following KIA Lucky Motors, Pakistan Suzuki Motor Company (PSMC) has resumed the bookings of its specific cars for only corporate customers.
It is pertinent to mention that booking of Cultus VXL, AGS, Wagon R AGS, Swift GLX CVT, and all the variants of Alto are not yet resumed.
As per a recent update, the company reopened the booking for the following models:
- Swift GL Manual
- Swift GL CVT
- Wagon R VXL
- Wagon R VXR
- Cultus VXR
KIA Resume Bookings of All Models
After the incumbent government eased the import restrictions, automakers started passing on the effect to the customers. Lucky Motors Corporation Limited (LMCL) has resumed the bookings of all its models at the same price.
A dealer representative has informed that the company has opened the bookings with a minimum delivery time of one month.
Earlier, KIA Lucky Motors stated in a notification that the company would not decrease its car prices like other market players.
What do you think about the recent decision of Pak Suzuki regarding bookings of its specific cars? Share your thoughts in the comment section.
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