Pak Suzuki announces sixth price hike in the past 10 months. Here’s the new price list

According to the notification issued by the automaker, the new prices are now effective.

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Pak Suzuki Motor Company (PSMC) has announced a huge price hike for their popular cars, which includes two variants of the Suzuki Alto and Wagon R, and all the variants of Suzuki Swift

According to the notification issued by the automaker, the new prices are now effective.

During the past ten months, PSMC has announced price hikes six times for a variety of its models. The first one was announced on the 1st of January 2020, when prices of the entire PSMC car lineup were revised. Later, on the 2nd of July, prices of bikes were jacked up while the cost of the new Suzuki Alto was increased on the 6th of July 2020.

The increase in prices was announced despite the fact that there has been a significant 20% decline in sales as compared to the past year. It is also important to mention here that PSMC has been observing a decrease in YoY (Year on Year) sales for the past two months.

However, along with multiple price hikes, the lack of new model production can also be the reason for the decrease in sales.

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