On Friday, Pak Suzuki Motor Company (PSMC), the country’s oldest car assembler, announced a substantial price hike for all models, including Suzuki Alto, Cultus, and Swift.
This marks the first price increase for Suzuki cars in 2024, with expectations that other players in the industry will likely follow suit.
In an official circular, Suzuki communicated the revised Retail Sales prices of its automobile products, effective from March 01, 2024.
Following the recent adjustments, the cost of Suzuki Alto VX has risen by Rs80,000, reaching a new price of Rs2,331,000. The price of Alto VXR increased from Rs2,612,000 to Rs2,707,000. Alto VXR AGS model experienced a hike of Rs95,000, now available for Rs2,894,000.
The Alto VXL AGS will be sold at Rs3,045,000 after an increase of Rs110,000.
Suzuki Alto Latest Price in Pakistan
Models | Old Price | New Price | Price Difference |
---|---|---|---|
Suzuki Alto VX | Rs2,251,000 | Rs2,331,000 | Rs80,000 |
Suzuki Alto VXR | Rs2,612,000 | Rs2,707,000 | Rs95,000 |
Suzuki Alto VXR AGS | Rs2,799,000 | Rs2,894,000 | Rs95,000 |
Suzuki Alto VXL AGS | Rs2,935,000 | Rs3,045,000 | Rs110,000 |
While Suzuki has not provided a specific explanation, the surge in prices is attributed to the escalating manufacturing costs and a rise in sales tax.