January 18, 2022 / By Zunair Tahir / News Pakistan
Pak Suzuki is expected to unveil the new Swift next month, after a ten-year hiatus. Suzuki will launch the Swift in Pakistan with a 1250cc K12C twin jet inline-4 engine mated to a 5-speed CVT or manual transmission, according to trustworthy sources. Despite the fact that the Swift, like the rest of the globe, has a 1000cc turbo engine, Pakistan looks to be getting the 1250CC variant.
Suzuki Price List In Pakistan
Furthermore, the Swift formerly had a displacement of 1395cc, and owners were required to pay a higher token tax, which had an effect on sales to some extent. Because of the decreased tax rate, customers in Pakistan will now benefit from the 1250cc engine displacement.
According to rumours, the hatchback would cost between Rs. 2.7 million and Rs. 2.8 million. Furthermore, most Pakistanis prefer sedans to hatchbacks since sedans offer larger trunk space.
However, in order to demonstrate that the new Swift is a valuable addition to the local market, it must be priced competitively. Pak Suzuki is certain, according to insiders, that the new Swift would be warmly accepted by local car purchasers.
According to Profit, Pak Suzuki spent Rs 4.5 billion on capital expenditures in the first nine months of calendar year 2021, up 5.7 times year on year. Capex (Capital Expenditure) refers to monies used by businesses to update and maintain physical assets such as plants and buildings, as well as to support new initiatives and investments. The greater capex indicates at Pak Suzuki’s plans to replace the 2nd generation Swift in our market with the 4th generation model, as previously stated.
According to dealers, Pak Suzuki has Discontinued the 2nd Gen Swift and put a halt on Cultus bookings
September 7, 2021 / By Zunair Tahir / Automotive News
Pak Suzuki Motor Company is rumoured to be planning to phase out its second-generation Swift model in Pakistan, more than 12 years after its introduction, while bookings for the Cultus have been temporarily suspended.
According to a notice provided by the business in August of last year, the Swift, the second-generation hatchback, would be discontinued after August 2021.
The Suzuki Swift’s popularity has waned in Pakistan for the past 12 years, possibly because the firm has made no substantial improvements to the car. In the meanwhile, the firm released other more cheap hatchback choices, such as the new Suzuki Cultus, which has been a huge hit. Furthermore, the car faced competition from other newcomers to the market, such as the Kia Picanto, which drew a large number of consumers despite having a 1000cc engine choice.
The company has made no substantial changes or enhancements to its second-generation hatchback in recent years, resulting in reduced sales. According to the Pakistan Automotive Manufacturers Association, Swift sales have fallen from 5,509 units in 2018-19 to 2,316 units in 2020-21. Sales in 2019-20 (1,828) were hindered by the Covid-19 epidemic, thus they can’t be used as a benchmark.
So, what’s next?
According to rumours, Suzuki Swift will release a new model in March 2022. As a result, the launch is almost a year away. Suzuki would also debut the 4th generation Swift in Pakistan, according to the rumours. In March 2017, the hatchback was presented in all its splendour at the Geneva Motor Show.
The new Swift sports the best-in-class lightweight body, based on the next generation platform “HEART TECH.” In 2020, it underwent a makeover with minor aesthetic adjustments. Pakistan, on the other hand, is expected to receive the pre-facelift vehicle.