Lucky Motors Pakistan, a subsidiary of KIA in Pakistan, recently announced a price increase for its vehicles. The price increase was attributed to various reasons including the fluctuation in foreign exchange rates and increased costs of raw materials and increase of Taxes from 17% GST to 18% GST. The company stated that the price increase was necessary to maintain its competitiveness in the market and continue 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 influenced by a number of factors including market conditions, economic trends, and government policies. The new prices will be applicable to some KIA models sold by KIA Cars Pakistan Limited and will take effect immediately.
Customers who have already placed orders for Honda vehicles will not be affected by the price increase and will receive their vehicles at the original price. The company has also assured its customers that it will continue to provide after-sales support and high-quality services at its dealerships across Pakistan. The updated price of KIA cars given below:
| 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 |