LMC Increases Peugeot Prices in Pakistan

After increasing the prices of Kia, Lucky Motor Company (LMC) has now increased the prices of Peugeot cars in Pakistan with immediate effect. The company has cited the volatility of the US Dollar against the Pakistani Rupee as the reason behind the hike while announcing to resume the bookings of Peugeot 2008, which were suspended as per the previous notification.

New Peugeot 2008 prices

The ex-factory price of both Peugeot 2008 variants has been hiked by Rs 499,000. After the increase, the base Active variant now costs PKR 58.99 lac whereas the flagship Allure variant now comes available for PKR 65.99 lac.

pug new prices

Although LMC had introduced a price-lock offer on all its cars which was supposed to be valid till the 31st of January 2023, the company however abruptly stopped taking bookings before that deadline. There are also various reports circulating in the market that the company has a large number of unsold Peugeot 2008 units at its disposal. What impact will the latest price increase cast on Peugeot 2008 sales in Pakistan, we will have to wait to find out?

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