Following local car assemblers, motorcycle makers took the step and announced the first price hike of 2023. Pakistan Suzuki Motor Company (PSMC) has increased Suzuki bike prices by Rs. 25,000 The company has not revealed the reason, but the price will definitely be inflated in the face of appreciating dollar’s rate. As per the company’s official website, new prices are effective from February 1, 2023.  Here are the updated prices of Suzuki bikes. New Suzuki Bike Prices Suzuki GD 110S has seen a jump of Rs. 20,000. The bike’s new price is Rs. 264,000 against the old rate of Rs. 244,000. The price of the Suzuki GS 150 has been increased by Rs. 20,000, and it will now cost Rs. 286,000 against the previous rate of Rs. 266,000. Suzuki GSX 125 now costs Rs. 359,000 against the old price of Rs. 384,000. Meaning, bike’s price has inched up by Rs. 25,000. Lastly, the company has increased the price of Suzuki GR 150 by Rs. 25,000 as its new price is Rs. 410,000 against the last rate of Rs. 385,000. After the fresh rise, Suzuki’s bikes are no longer affordable for the inflation-stricken-salaried-middle class in the country. And in terms of price, Chinese bikes can now be the best option apart from weak resales and low build quality. Swift Now Costs Rs. 41 Lacs Not only bikes, Pak Suzuki also revised their car prices.  The company increased the prices up to Rs. 355,000 and Suzuki Swift GLX CVT, which used to cost Rs. 3,760,000 now costs Rs. 4,115,000. The reason of the price hike is devaluation of rupee and most importantly ban on the LCs by State Bank of Pakistan. It is pertinent to mention that the Suzuki hasn't produced a single car in month of January 2023 as it has kept its production plant shut due to uncertain market and non availability of CKD kits.   What do you think about the new price hike series? Tell us in the comment section.

Today we present to you another exciting episode of the owner review series. This time we have got a 2003 Suzuki Alto kept in tremendous condition. In this review, the owner shares his experience with this car and briefs us about the upgrades it has gone through. This is the 3rd generation Alto which originally came with a 998 cc engine, however, this car’s engine is swapped with a K6A 658 cc engine. This Alto has been kept with extreme care and remains in pretty good shape after 20 years on the roads. Acquisition The owner was previously driving the Adam Revo; he sold that due to it being very rare in Pakistan and with the fear of parts becoming obsolete. He then found this Alto, which was in very good shape and was recently upgraded mechanically, making it very practical for inter-city travel. Features In contrast to the features offered in the local Alto, this car has been fitted with many features that are not present in the stock model. Some of which include an electronic power steering, a well-lit up speedometer with rpm dial, a 660cc K6A engine, and an automatic transmission, which, according to the owner, is very smooth. The owner has also painted the center panels silver, which gives the interior a fresh look, and has installed leather seats and steering covers. Fuel Average The 1000cc Alto was not very impressive in terms of fuel average and gave roughly 10 to 12 km/l even with manual transmission. According to the owner, this car’s average is exemplary, with 16 to 17 km/l within city easily. This might be due to the swapped 660cc engine, which is predominantly aimed at fuel efficiency. Spare Parts As per the owner, the primary reason for buying this car was the availability of spare parts. Being in production for so long, this generation of Alto’s spare parts are widely available across Pakistan at very reasonable prices. The owner has also bought retractable mirrors for it from Peshawar, that too at a very nominal price. Watch Video 

Well, it isn’t a surprise at this point that Suzuki Pakistan has also increased its car prices. All Suzuki car prices have been increased up to Rs. 3.5 lacs. This news was expected after Toyota, BAIC, and Honda increased their prices at the beginning of 2023. All these new prices are inclusive of FED and Sales tax but exclusive of Advance Income Tax. These prices will be effective from 25th January 2023. The new Suzuki car prices are as follows: Suzuki Alto New Prices Suzuki Alto VX used to cost Rs. 1,699,000, but after a price increase of Rs. 160,000, its new price is Rs. 1,859,000. Suzuki Alto VXR used to cost Rs. 1,976,000, but after a price increase of Rs. 180,000, it now costs Rs. 2,156,000. Suzuki Alto VXR AGS used to cost Rs. 2,120,000. Its new price is Rs. 2,310,000. Suzuki Alto AGS used to cost Rs. 2,223,000, but now it costs Rs. 2,423,000. Suzuki Wagon R New Prices Suzuki Wagon R VXR was previously priced at Rs. 2,421,000. After a price hike of Rs. 208,000, it now costs Rs. 2,629,000. Suzuki Wagon R VXL was previously priced at Rs. 2,564,000, but after a price hike of Rs. 225,000, it costs Rs. 2,789,000. Suzuki Wagon R AGS was previously priced at Rs. 2,802,000, but after a price hike of Rs. 257,000, it now costs Rs. 3,059,000. Suzuki Cultus New Prices Suzuki Cultus VXR previously cost Rs. 2,754,000. After a price hike of Rs. 285,000, its new price is Rs. 3,039,000. Suzuki Cultus VXL previously cost Rs. 3,024,000. After a price hike of Rs. 315,000, it now costs Rs. 3,339,000. Suzuki Cultus AGS previously cost Rs. 3,234,000. After a price hike of Rs. 335,000, it now costs Rs. 3,569,000. Suzuki Swift New Prices Suzuki Swift GL MT used to cost Rs. 3,180,000. After a price hike of Rs. 299,000, it now costs Rs. 3,479,000. Suzuki Swift GL CVT used to cost Rs. 3,420,000. After a  price hike of Rs. 322,000, it now costs Rs. 3,742,000. Suzuki Swift GLX CVT used to cost Rs. 3,760,000. After a price hike of Rs. 355,000, it now costs Rs. 4,115,000.   Suzuki Ravi New Prices Suzuki Ravi used to cost Rs. 1,424,000. Now it costs Rs. 1,539,000. Suzuki Ravi w/o deck used to cost Rs. 1,349,000. Its new price is Rs. 1,464,000. Suzuki Bolan New Prices Suzuki Bolan Van used to cost Rs. 1,500,000 but now costs Rs. 1,619,000. Suzuki Bolan Cargo used to cost Rs. 1,487,000 but now costs Rs. 1,606,000.  

The country’s deteriorating economic charts are making things worse for the local car industry. The episode started with back-to-back price hike series; then, production cuts exaggerated the fiasco. And now, the country’s biggest carmaker, dubbed Pakistan Suzuki Motor Company (PSMC), has not produced even a single vehicle since the inception of 2023. Mind you, the company has been observing non-production days since January 2023 in the face of a lack of inventory. The recent production cut finished on January 23, 2023. Moreover, PSMC’s Japanese peer Toyota Indus Motors Company (IMC) is facing the same fate – producing 50 units a day amid a single-shift production schedule compared to 250 on normal days. Honda and Master Changan Motors have also been working on the same schedule while witnessing 1 non-production day every week. Recently, Toyota, Honda and Sazgar Engineering have taken a step towards the year’s first price hike. Honda Raises Car Prices Up to PKR 5.5 Lacs In a not-so-surprising turn of events, Honda Atlas Cars Pakistan Ltd. has raised their car prices up to PKR 5.5 lacs. Since the beginning of 2023, Toyota and BAIC have already introduced new and increased prices for their cars, and now, Honda has followed suit. In a notice issued on January 23, 2023, Honda Atlas Pakistan stated that they needed to increase their cars’ prices due to uncertain economic conditions, inflation in material cost, and forex volatility. These factors are out of the company’s control and hence, have resulted in the price hike of almost all models. Here are all the new prices: BJ40 Plus Price Hike The company just announced that BAIC BJ40 Plus 2.0T will now cost Rs. 9,995,000 instead of its previous price of Rs. 9,295,000. That is an increase of 7 lac rupees in total. In its circular, BAIC also mentioned that only those customers would be able to avail of the old price who will book the car and pay its full price by January 31, 2023. Hence, this new price will be effective from February 1, 2023. Note that all of the above prices are ex-factory. What do you think about the industry's ongoing situation? Tell us in the comments section.