Car Price Increase Archives

Pak Suzuki Announces First Price Hike of 2024

March 1, 2024 - by UsmanAnsari - 1 Comment

Pak Suzuki has just announced its first price hike of the year 2024. The notification on 29th February makes Suzuki …

IMC Announces Another Increase in Toyota Car Prices

January 28, 2023 - by UsmanAnsari - Leave a Comment

The currency depreciation has taken its toll as PKR reached a record low against the US Dollar in the open market. Indus Motor Company (IMC) the assemblers of Toyota cars in Pakistan has announced its second price revision of the year. This comes hardly two weeks after the first price hike of the year was announced on the 12th of January 2023.

Average Price Increase by Local Assemblers in 2022

January 3, 2023 - by UsmanAnsari - 1 Comment

Like the preceding years, 2022 also saw local assemblers giving a massive push to the prices of their products citing depreciating currency value, and rising shipping & raw material costs as the prime reason behind the hikes. But the increase made between January and December 2022 is more shocking than you might imagine.

December 2017 vs December 2022- The Nightmare Continues

December 31, 2022December 31, 2022 - by UsmanAnsari - 2 Comments.

The year 2022 is about to end and will be remembered as yet another year of price hikes, the 5th now in a row. The nightmare began almost 5 years ago when Rupee started to lose out on its value against US Dollar, from around Rs 110 per $1 to being traded at Rs 255/260 today.

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Changan Car Prices Increased Again

April 19, 2022 - by UsmanAnsari - 1 Comment

Changan has increased the prices of its local assembled variants effective from the 19th of April 2022.

Hyundai Car Prices Increased

November 12, 2021 - by UsmanAnsari - 2 Comments.

Hyundai-Nishat is the latest to jump in the bandwagon to announce the increases in prices across its lineup citing currency devaluation and rising shipping & raw material costs.

The Corporate Malpractice of Fleecing Customers

August 14, 2020June 9, 2021 - by UsmanAnsari - 4 Comments.

A Rs 200,000 increase in Hyundai Tucson’s price just a day after its launch is a perfect example of corporate malpractice of fleecing its customers, a white-collar crime that allegedly sucked up an extra Rs 540 million from customers’ pockets.