Pakistan Suzuki Motors has decided to reduce car prices after the rupee appreciated against the dollar.
Pak Suzuki Motor Company has decided to reduce prices ranging from Rs. 75,000 to Rs. 199,000.
Head of Public Relations of the company, Shafiq Ahmed Shaikh, confirmed stating that the company has reduced the price of 660cc Alto by Rs. 116,000 after which the top-spec Alto VXL AGS is available for Rs2.223 million.
The prices of Cultus and WagonR have also been reduced by Rs. 145,000 and Rs. 147,000, respectively. WagonR AGS is now available at a price tag of Rs. 2.802 million while Cultus AGS costs Rs. 3.234 million.
Likewise, the prices of Suzuki Swift have also been reduced by Rs199,000 after which the flagship Swift GLX CVT is available for Rs. 3.760 million.
Auto Sector Expert Mashood Khan stated that “This is the first time in history that we are witnessing this decrease in prices after appreciation in the value of the rupee against the dollar.”