The Pak Suzuki Motors Company has announced that they have increased the prices of car by 3%. Due to increased demand of local brands in the market, Pak Suzuki Motors has got has opportunity to fetch money from its customers by raising prices of its various brands form Rs 25,000 up to Rs 100,000 per unit. The new implementations had effected from August 01, 2016 while a reason for the increases has yet not been told. the difference of the old prices and new one are mention below
This is not the first times its happening when the Pak Suzuki has raised their prices. The Price increase is the first of 2016 that affects every model with the company increasing the price of its Suzuki Wagon R variant by 2% earlier in the year. The company has also earned a handsome profit due to Punjab Taxi Scheme with Punjab Government.
Pak Suzuki is already en the new tariff to its dealerships across the country. According to automobile industry analysts, the prices of the cars have been increase due to many reasons, but the impact of Yen which appreciated against the local currency is the major reason.