Toyota Yaris new price & easy installment plans for May 2024
Amidst rising prices and a decline in car sales in Pakistan, several...
Car Sales in Pakistan Soar 24% Compared to Last Year
Pakistan’s automotive industry continues to face challenges with high prices and low sales. However, recent months have seen a welcome trend of price reductions from major players like Suzuki, Toyota, Honda, and Kia.
Toyota, Honda, Kia, and Suzuki have collectively slashed prices by up to 25 percent. Lucky Motors made the most substantial cut, reducing the price of its KIA Stonic by a staggering Rs1.5 million. Following suit, Suzuki reduced the price of its Swift GLX CVT by Rs710,000.
Previously, Toyota Yaris and Honda City prices were also reduced, making these models more accessible to consumers. Despite these reductions, several factors, including sales tax, contribute to the overall price adjustments.
Here’s a breakdown of the major price drops witnessed in Pakistan’s auto market in 2024:
These price reductions reflect a competitive market landscape, with manufacturers striving to attract customers by offering more affordable options.
With more accessible prices, consumers can expect to see increased activity in Pakistan’s auto market in the coming months.
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