Pakistan’s automobile companies manufacturing Japanese and Korean brands revised prices of their cars after the government imposed certain taxes through the Finance Supplementary Act, 2022. Prices of imported cars and used vehicles have also increased.
Here are the details of increase and the revised prices for 2022 of cars of all variants of Japanese and Korean brands assembled in the country.
New prices of Suzuki cars
Pak Suzuki Motor Company (PSMC) increased prices across its passenger car line-up.
Suzuki’s Cultus AGS variant saw the biggest hike of Rs150,000. Its price is now Rs2,422,000. Similarly, the new price of Cultus VXL is Rs2,244,000, against the old rate of Rs2,105,000, a hike of Rs139,000.
Alto VX saw a price hike of Rs32,000. The new price is Rs1,306,000. The price of Alto VXR increased by Rs38,000 to Rs1,546,000. With a Rs43,000-hike, the price of Alto VXL/AGS is now Rs1,747,000.
The Wagon R AGS has seen a surge of Rs134,000, taking its price to Rs2,158,000. The price of Wagon R VXR has gone up by Rs117,000. It now costs Rs1,877,000. Wagon R VXL has seen an increase of Rs123,000 to Rs Rs1,975,000. Bolan VX saw an increase of Rs29,000 to Rs1,178,000 from the old rate of Rs1,149,000.
Revised prices of KIA automobiles for 2022
Lucky Motors Corporation (LMC) passed on the impact of increased Federal Excise Duty (FED) and Sales Tax and announced hike in KIA car prices.
KIA Picanto M/T price surged Rs136,000 to Rs2,186,000. With a jump of Rs142,000, KIA Picanto A/T is now priced at Rs2,292,000.
The price of Sportage Alpha is Rs4,764,000, up by Rs114,000. The price of Sportage FWS is Rs5,276,000, up by Rs126,000. The price of Sportage AWD is Rs5,788,000, up by Rs138,000.
With an increase of Rs90,000, new price of KIA Stonic Ex is Rs3,750,000; while KIA Stonic EX+ witnessed increase of Rs95,000 to Rs3,975,000.
Prices of Toyota Corolla, Fortuner, Yaris in 2022
Indus Motor Company (IMC) also revised prices on its entire Toyota lineup, saying the new prices would be applicable on all pending orders in the system as of January 15, and all new orders received on or after January 16.
The prices of Corolla Altis Grande X CVT 1.8 and Corolla Altis Grande X CVT 1.8 B have gone up by Rs100,000. These variants will now be selling for Rs4,170,000 and Rs4,200,000, respectively.
The price of Corolla Altis X Automatic 1.6 rose Rs85,000 to Rs3,530,000. The price Corolla Altis X CVT-i 1.8 has gone up by Rs93,000. The new price of this variant is Rs3,870,000. The manual version of Corolla Altis X 1.6 has seen a price hike of Rs81,000. Its new price is Rs3,380,000.
The price of Toyota Fortuner 2.7 G has increased by Rs390,000. The SUV is now available at Rs8,560,000. Fortuner 2.7 V has witnessed a price hike of Rs452,000 and will cost Rs9,940,000. Another Rs473,000 was added to the price-tag of Fortuner 2.8 Sigma 4. The variant is now sold at Rs10,390,000. The price of Fortuner Legender Diesel saw the highest increase of Rs493,000. This variant will now cost Rs10,840,000.
Toyota Yaris ATIV CVT (Hi) and Yaris GLi CVT (Lo) will now be selling for Rs2,910,000 and Rs2,810,000, respectively. The new price tag of Yaris ATIV X CVT (Hi) and Yaris ATIV MT (Hi) are Rs3,170,000 and Rs2,970,000 with an increase of Rs76,000 and Rs71,000, respectively. The price of Yaris GLi M/T (Lo) has increased by Rs63,000, and will be available at Rs2,610,000.
Honda Atlas Cars prices have also been increased, and the new prices will be implemented from January 21, 2022.
The prices of Honda City 1.2L Manual and 1.2L CVT have remained unchanged at Rs2,729,000 and Rs2,949,000, respectively. The new price of Honda City 1.5L CVT is Rs3,146,000 compared to previous rate of Rs3,069,000, meaning it saw an increase of Rs77,000. Honda City 1.5L Aspire Manual saw an increase of Rs80,000 and now it will cost Rs3,279,000 against Rs3,199,000. Honda City 1.5L Aspire CVT observed an increase of Rs85,000 and its new price is Rs3,354,000 compared to old price of Rs3,369,000.
Honda Civic 1.8L VTI CVT has seen a jump of Rs100,000 taking the price to Rs, 4,079,000 against previous rate of Rs3,979,000. Honda Civic VTI CVT SR will not cost Rs4,366,000 compared to old rate of Rs4,259,000, meaning its price has been increased by Rs107,000. Honda Civic 1.5L Turbo RS observed an increase of Rs126,000, taking the rate to Rs5,175,000 against previous price of Rs5,049,000.
Honda BR-V CVT S will now cost Rs3,689,000 against last price of Rs3,599,000, meaning its price has been increased by Rs90,000.