LAHORE: Pak Suzuki Motor Company (PSMCL) is all set to mark the new year by hiking the prices of its car again from January 1, 2020.
According to PakWheels.com, the cars will witness a minimum Rs49,000 to Rs90,000 increase for different variants. The list of new prices are followed as:
The local auto manufacturers are constantly increasing the prices which resulted in a reduction in sales of brand new cars.
Approximately five times, Pak Suzuki has already increased the prices in the year 2019, while they already announced new price list for 2020.
On Dec 2, Pak Suzuki Motor Company has hiked the prices of motorbikes by Rs8000 which will take effect from December 2019.
According to PakWheels, the company has sent a circular in this regard to its dealers across the whole country.
In the notification, it is also mentioned that the prices are subject to change without notice, and the price at the time of delivery shall apply. Any government tax applicable will be charged to the customers. The company has not revealed why it increased the rates of its bikes. The previous prices are as follow:
Suzuki GD110S: PKR168,000
Aside from Pak Suzuki, Atlas Honda also increased the prices of its products, see them below:
CD70 Dream: Rs79,500/-
CG 125: Rs125,500/-
CG 125S: Rs148,500/-
CG 125S SE: Rs150,500/-
CB 125F: Rs172,500/-
CB 125F SE: Rs174,500/-
CB 150F: Rs214,500/-