After Toyota and Honda, and Suzuki, Kia Pakistan has increased car prices of some of its various variants by up to Rs13 lac.
Due to the severe depreciation of the local currency in 2023, the South Korean multinational automaker raised the prices of its vehicles for the first time.
The automaker has raised the pricing of practically all of its models, including the Picanto, Stonic, Sportage, Sorento, and Carnival.
After the pricing changes, the Picanto automatic’s price increased by Rs200,000 to Rs3.4 million, while the Stonic’s price soared by Rs0.4 million to Rs5.2 million.
Sportage All Wheel Drive is now available for Rs7,650,000, up from its previous price of Rs7,250,000.
The price of the Sorento AWD has jumped significantly by Rs600,000 to Rs9.1 million, and the Kia Carnival minivan has seen a price hike of Rs1.3 million to Rs15,000,000.
As the country is facing the worst economic crisis in recent history, Toyota, Suzuki, and Honda raised the pricing of their automobiles earlier this month in response to the rupee’s devaluation.