KIA Also Increases Its Car Prices in Pakistan
Lucky Motors Pakistan, which is a subsidiary of KIA in Pakistan, recently announced that it is increasing the prices of its vehicles.
The company said this price hike is because of different reasons, including changes in foreign exchange rates, higher costs of raw materials, and the increase in Taxes from 17% GST to 18% GST. The company explained that this price increase was needed to stay competitive in the market and keep providing high-quality products to its customers.
Price Hike Of KIA Cars in Pakistan:
It is worth noting that price adjustments are common in the automotive industry and can be affected by different factors like market conditions, economic trends, and government policies. The new prices will apply to some KIA models sold by KIA Cars Pakistan Limited and will take effect immediately.
Customers who have already booked Honda vehicles will not be affected by this price increase and will get their cars at the original price. The company has also promised its customers that it will keep providing after-sales support and high-quality services at its dealerships across Pakistan. The updated prices of KIA cars are given below.
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| Variants | Old Prices ( PKR ) 17% GST | New Prices ( PKR ) 18% GST | Difference ( PKR ) |
|---|---|---|---|
| Picanto MT | PKR 3,200,000 | PKR 3,228,000 | PKR 28,000 |
| Picanto AT | PKR 3,400,000 | PKR 3,430,000 | PKR 30,000 |
| Stonic EX | PKR 4,800,000 | PKR 4,842,000 | PKR 42,000 |
| Stonic EX Plus | PKR 5,250,000 | PKR 5,295,000 | PKR 45,000 |
| Sportage Alpha | PKR 6,500,000 | PKR 6,556,000 | PKR 56,000 |
| Sportage FWD | PKR 7,050,000 | PKR 7,111,000 | PKR 61,000 |
| Sportage AWD | PKR 7,650,000 | PKR 7,716,000 | PKR 66,000 |
| Sorento 2.4 FWD | PKR 8,400,000 | PKR 8,472,000 | PKR 72,000 |
| Sorento 3.5 FWD | PKR 9,100,000 | PKR 9,178,000 | PKR 78,000 |
| Carnival GLS | PKR 15,000,000 | PKR 15,129,000 | PKR 129,000 |
