Following the increase in price of Toyota Yaris, Pak Suzuki has now revised the prices of its certain models effective from the 15th of October 2020.
Related: Toyota Yaris Price Increased- Again!
According to information, prices of Alto, WagonR and Swift have seen a revision ranging from Rs 35,000 to up to Rs 42,000. Refer to the updated prices mentioned below:
|Model/ Variant||Old Price||New Price|
|Alto VXR||Rs 1,398,000||Rs 1,433,000|
|Alto AGS||Rs 1,598,000||Rs 1,633,000|
|WagonR VXR||Rs 1,598,000||Rs 1,640,000|
|WagonR VXL||Rs 1,695,000||Rs 1,730,000|
|Swift MT||Rs 1,995,000||Rs 2,030,000|
|Swift AT||Rs 2,140,000||Rs 2,175,000|
Interestingly, local assemblers have always cited forex fluctuations as the primary reason for the price increase. However recently Pak Rupee has recovered its value by 3% and is hovering around Rs 163+/- against the US Dollar. Still car prices instead of reduction, are witnessing an increase which is alarming. Furthermore if we observe, only those Suzuki models which have done well in terms of sales recently have received a price push which raises an eyebrow, refer to our Winners & Losers post for individual sales stats.
Related: Winners and Losers of September 2020
With Toyota and Suzuki having revised the prices, we can now expect Honda to follow with their price revisions in near future. Do share with us what you think about this recent surge in car prices.