Pak Suzuki Announces First Price Hike of 2024
Pak Suzuki has just announced its first price hike of the year 2024. The notification on 29th February makes Suzuki …
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IMC Announces Another Increase in Toyota Car Prices
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.
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Average Price Increase by Local Assemblers in 2022
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.
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December 2017 vs December 2022- The Nightmare Continues
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
Changan has increased the prices of its local assembled variants effective from the 19th of April 2022.
Changan Car Prices Increased Again Read More
Hyundai Car Prices Increased
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.
Hyundai Car Prices Increased Read More
The Corporate Malpractice of Fleecing Customers
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.
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Car Price Increase in Last 13 Months
Let’s find out how much increase in car prices have occurred during the last 1 year.
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A New Wave of Price Hikes
Local assembled cars in Pakistan have started to experience a new wave of price hikes.
A New Wave of Price Hikes Read More
Another Increase in Car Prices Expected?
Auto consumers of Pakistan might see another increase in car prices as Rupee has declined to the lowest-ever at Rs 167 against the US Dollar.
Another Increase in Car Prices Expected? Read More