Pak Suzuki Announces a Massive Price hike for 3 Vehicles

Pak Suzuki Motor Company (PSMC) announced to increase the prices of its three vehicles.

According to the details, the company issued a circular to all authorized company dealers to increase the prices of Ravi Pickup, Bolan VX Passenger Van and Bolan Cargo Van.

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The sources said that the prices of all three vehicles have been increased by Rs. 35,000.

As per the notification, following are the prices that shall become effective from August 10, 2020:

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It is to be noted that the first price hike took place on Jan 1, 2020, when prices of the all vehicles of PSMC increased. The second price hike came about on Jul 2, 2020, in which the company increased the prices of all bike lineup. The third price hike came on Jul 6, 2020, for the new Suzuki Alto.

Earlier, automobile companies have revised the prices of their vehicles after the new budget has been passed for the annual fiscal year 2020-21. Bike manufacturing companies, including Yamaha and Atlas Honda, have released the revised prices of their bikes.