Pak Suzuki prices up

Thursday, December 31, 2009
By our correspondent

KARACHI: Pak Suzuki Motor Company (PSMC) has scaled up its car prices (excluding Liana) by Rs10,000-25,000.

According to an auto analyst, this surge is in response to rising cost pressures amid appreciation of foreign currencies against the rupee. US dollar and Japanese yen have appreciated by 3.4 per cent and 8.3 per cent respectively since July 1, 2009. This rise in car prices will be effective from January 1, 2010.

It is important to mention that PSMC had already increased prices two months ago by Rs5,000-15,000 which was effective from November 1, 2009. Mehran VX new price is Rs419,000 with an increase of Rs15,000; VXR Rs470,000 with Rs16,000; VX CNG new price Rs464,000 with Rs9,000 and VXR CNG new price Rs514,000 with Rs10,000.

Cultus VXR is now priced at Rs790,000, with increase of Rs25,000; VXR CNG Rs830,000 with Rs25,000; VXL Rs850,000 with Rs25,000; VXL CNG Rs897,000 with Rs25,000.

Alto VXR new price is Rs613,000 up by Rs15,000, followed by VXR CNG with Rs662,000 up by Rs15,000. Ravi VX new price goes up Rs439,000 with an increase of Rs10,000 and CNG Rs489,00 with Rs10,000.

BolanVX price touches Rs497,000 with an increase of Rs10,000; VXR Rs557,000 up by Rs18,000; VX CNG Rs549,000 with Rs2,000 and VXR CNG stands at Rs609,000 up by Rs10,000. Rs5,000 extra will be charged additionally for the metallic colour.