Massive Price Increase For All Cars Offered by KIA Motors
Massive Price Increase For All Cars Offered by KIA Motors
July 20, 2022 / By Zunair Tahir / Automotive News
In the previous two years, Lucky Motor Corporation Limited (LMCL) was renowned for maintaining car costs. Unfortunately, the carmaker has been compelled to hike car pricing with other businesses due to the depreciation of local currency and rise in shipping expenses.
ALSO READ: Government Has Imposed 1% Capital Value Tax (CVT) On Cars Above 1300cc
The Sportage, Stonic, and Picanto pricing in Pakistan have all increased recently, according to a corporate notice. The following are the new pricing, which take effect right away:
| Variants | Old Price (Rs.) | Revised Price (Rs.) | Increase (Rs.) |
|---|---|---|---|
| Picanto M/T | 2,600,000 | 3,100,000 | 500,000 |
| Picanto A/T | 2,700,000 | 3,200,000 | 500,000 |
| Sportage Alpha | 5,300,000 | 6,250,000 | 897,000 |
| Sportage FWD | 5,858,000 | 6,750,000 | 892,000 |
| Sportage AWD | 6,363,000 | 7,250,000 | 877,000 |
| Stonic EX | 4,425,000 | 4,545,000 | 76,000 |
| Stonic EX+ | 4,725,000 | 4,848,000 | 76,000 |
| Sorento 2.4 FWD | 6,904,360 | 7,800,000 | 895,000 |
| Sorento 2.4 AWD | 7,573,990 | 8,500,000 | 926,000 |
| Sorento V6 FWD | 7,573,990 | 8,500,000 | 926,000 |
| Carnival | 11,499,000 | 12,599,000 | 1,100,000 |
Oddly, compared to the rest of the range, the price increases for the Kia Stonic are minimal.
The top-selling Kia vehicles now cost more thanks to a fourth price hike this year from LMCL. It may have also sparked a new round of price increases in the car sector, with more businesses issuing somber statements and blaming the depreciation of the Pakistani Rupee.
READ MORE NEWS…
- India Shipments Of Apple iPhones Reach $1 billion In Only 5 MonthsOctober 5, 2022
- Musk Prepared To Acquire Twitter For The Original PriceOctober 5, 2022
- At Jallo, PHA Reopens The Butterfly HouseOctober 5, 2022
- Double Riding Is Prohibited In 13 Sindh Districts, Including Karachi, As Of The 12th Of Rabi’ul-AwwalOctober 5, 2022
- Hamilton Could Have Piercings, But Mercedes Will Pay A $24,500 FineOctober 3, 2022
- Moeen Ali Loves Karachi CuisineOctober 3, 2022
2022 Car Prices (12) 2022 CARS (17) 2022 News (25) 2022 Pakistan News (9) 2022 Tech News (14) apple (7) automobile (10) Automotive Blogs (8) Automotive News (44) Automotive News Pakistan (20) Auto Sector (13) Blogs (8) car news (25) Car Prices (11) car prices 2021 (7) cars (46) cars 2021 (11) cars of pakistan (47) changan (7) electric cars (11) entertainment news (10) F1 (17) F1 News (8) Honda (7) Hyundai (9) hyundai pakistan (7) mg (9) MG Pakistan (11) new cars (31) news (96) news pakistan (16) pakistan automotive news (12) Pakistan Government (23) Pakistan News (26) PCB (10) petrol prices (7) price list (8) proton (12) proton pakistan (14) Sports News (15) suzuki (11) Suzuki Pakistan (9) Tech News (18) Toyota (11) toyota pakistan (9)
