Pak Suzuki Motor Company has made a significant announcement, slashing prices for its Swift models by up to Rs 710,000.
Effective from May 1, 2024, the revised prices aim to align with current market conditions. The Swift GL MT model will now be priced at Rs 4,336,000, marking a reduction of Rs 85,000. Similarly, the Swift GL CVT’s price has been decreased by Rs 159,000, now available at Rs 4,560,000.
The most substantial reduction is for the Swift GLX CVT, with its price dropping to Rs 4,719,000 from Rs 5,429,000, reflecting a notable decrease of Rs 710,000. These new prices include Federal Excise Duty (FED) and Sales Tax but exclude Advance Income Tax.
Meanwhile, Lucky Motor Corporation (LMC) also announced a significant price reduction for the Kia Stonic EX+ in Pakistan. Effective from April 29, 2024, the price has been decreased by a remarkable Rs 1,513,000, bringing it down to Rs 4,767,000 from the previous Rs 6,280,000.
This reduction represents a substantial 24.08% decrease in price, unique in its scale. Notably, this adjustment applies only to the Kia Stonic EX+ model, with no changes to the prices of other models in the lineup.
