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.
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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.
Due to faulty fuel lines, Pak Suzuki Motor Company has halted Alto deliveries.
November 30, 2021 / By Zunair Tahir / Automotive News
The demand for the Suzuki Alto in Pakistan is unrivalled, according to official sales figures provided by the Pak Suzuki Motor Company (PSMC).
PSMC is reportedly delaying Alto deliveries to dealerships owing to broken gasoline lines, according to recent market reports. A countrywide recall has also been ordered for recently-built units that have already been sold to customers.
According to insiders, the corporation has not publicly acknowledged the issue and is seeking to resolve it without telling customers.
Quality control concerns such as poorly fitting panels, flimsy bodywork, and tyre size and quality are commonly expressed by Suzuki Alto owners. There have also been reports of many Altos being involved in collisions in which the airbags failed to deploy.
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.
Pak Suzuki is retiring Bolan and Ravi after 40 years
August 16, 2021 / By Zunair Tahir / Automotive News
Suzuki Bolan & Ravi Discontinue
Suzuki plans to phase out the Bolan minivan and Ravi truck after nearly 40 years and replace them with the 660cc Suzuki Every by 2023.
The news was going in the market that Pak Suzuki will discontinue its famous Bolan & Ravi but it has been confirmed by a reliable sources in the market In 1982/83, Suzuki introduced the Bolan as a Hi-Roof model. “When local assembly at Karachi’s Bin Qasim plant began in 1991, it was called Bolan and its pickup variant Ravi.” it is widely popular among people of Pakistan it fulfills every one needs.
Pak Suzuki, on the other hand, is claimed to be planning to phase out the 800cc Bolan Multi-Purpose Vehicle (MPV) by next year, which would be the model’s 40th year in Pakistan.
Euro-2 compliance was the reason that the Suzuki Mehran and Daihatsu Cuore was discontinue in Pakistan and due to lack of the space in the interior for the air bags bolan & ravi will also follow the same pattern and will be discontinue and will be replaced by the Suzuki Every. Pak Suzuki is planning to replace the seventh-generation Bolan with the eleventh-generation 660cc Suzuki Every, according to at least four independent individuals familiar with the situation.
The Engineering Development Board, the auto industry’s regulating organization, was ordered by the Lahore High Court in February to guarantee that vehicle firms construct automobiles with airbags. Suzuki bolan & Suzuki Ravi lack the space of airbags and does not meet the safety standards and safety regulation and replaced with Suzuki every which is currently imported and sold as a CBU in Pakistan, but the PSMC aims to sell it as a domestically built vehicle in the near future.
By the middle of 2023, it is expected that the government’s obligatory airbags limitation would compel businesses to exclusively build automobiles with airbags. Technically, this will compel Pak Suzuki to stop producing the Bolan and Ravi pickup trucks after June 2023 since airbags cannot be added due to a shortage of space.
The Good News is that after 850cc, 1000cc cars are becoming more affordable as well.
June 27, 2021 / By Zunair Tahir / Automotive News
The federal government made vehicles with engines up to 850cc cheaper earlier this month by eliminating the Federal Excise Duty (FED) and lowering the Sales Tax to 12.5 percent from 17 percent. Everyone was ecstatic when they heard the news. Despite this, many people preferred to hear the phrase 1000cc instead than 850cc.
So, what’s this? The government has complied with our request. Shaukat Tarin, the Finance Minister, has announced the continuation of tax exemption for automobiles up to 1000cc, making all domestically built 1000cc cars cheaper.
Below Down is the List of the Cars that is getting cheaper and we also have to seen its impact of the local Market.
660cc – 800cc Cars
Suzuki Ravi
Suzuki Bolan
Prince Pearl
United Bravo
Suzuki Alto
1000cc Cars
Suzuki Cultus
Suzuki Wagon R
kia Pianto
United Alpha
What Will be the impact these Cars are Getting Cheaper
Because the middle class can only afford automobiles up to 1000cc, this tax relief will undoubtedly have a big influence on the local automotive market. The government has lowered automobile costs in a budget for the first time in Pakistan’s history.
Consumer purchasing power will rise as a result of the effort, as will automobile sales in the country. The government, on the other hand, has not proposed any tax relief for imported automobiles, indicating that it is focused on the domestic auto sector and encouraging people to buy local vehicles.
What are your thoughts on this news? On a scale of one to ten, how pleased are you with this big tax cut? Let us know what you think in the comments area.
When Will Automobiles Become More Affordable to Consumers?
Okay, so the government has enacted the Fiscal Budget 2021-22, which includes lower taxes on automobiles with engines under 1000cc. But the real question is when prices will start to fall. And the response is July 1st, 2021.
The budget has been considered and approved by the government in the National Assembly. It will be deployed in the beginning of next month. From July 1st onwards, the revised pricing will be in effect.
In the meanwhile, customers who get automobiles this month will be charged the existing price. If the invoice for the car has been issued, the buyer must pay the current price. There’s no getting around it.