The prices have been increased due to devaluation of Pakistani currency against dollar.
Lahore (Pakistan Point News – 1st June, 2018) Renowned car manufacturing company Suzuki has decided to increase the prices of its cars by Rs 30,000.
The prices have been increased due to devaluation of Pakistani Currency against Dollar. The company has already issued notices to increase the prices to all the dealers.
The notice said that the new prices will be implemented from June 1, 2018.
In the note mentioned in the notice, Suzuki said that the price hold will not be considered for old pending orders who have failed to deposit their balance payment within due date.
Suzuki had earlier increased the prices three months ago. This is the third time in this year that Suzuki has increased its prices.
The new prices of Suzuki cars are as follows:
The company said that the cost of imports of raw material and other goods increase due to devaluation of rupee against dollar. Therefore, the unit cost of the cars increase before its sale because most units are imported instead of producing slocally.
Suzuki Motor Corporation is a Japanese multinational company. In 2014, Suzuki was hailed as the 9th biggest car production company.
