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Suzuki Alto price likely to go up by Rs 1 Lac from 1st August!!

Pak Suzuki to increase Alto prices in the upcoming days!!

During the past few months, pricing strategies in the auto sector of Pakistan has displayed significant and mostly increasing patterns. In response to the high imposed taxes, rupee devaluation and impose FED on cars, automotive companies have increased their prices for each car model.


Suzuki Alto 660cc Launch Prices
VX 999,000
VXR 1,101,000
VXL 1,295,000

However, great things come with great prices and especially in the developing countries like Pakistan where automotive sector is suffering. According to industry sources; Pak Suzuki will further increase prices for their Alto car models in upcoming days. According to industry sources, each of the above mentioned numbers will be hiked above 1 Lac in addition to their current prices which may apply from August 1, 2019. Assemblers say that owing to the rupee devaluation and high duties levied on the automotive sector, price hikes are now the major source of coping up with the cost. Keeping in mind the current situation of Pakistan, the future of every business seems to doom with every passing day. Specifically the auto industry has been facing major obstacles in running smooth.

While in the last month, Honda, Toyota and Suzuki already increased their prices, there is still much more to know about. With reference to our another blog posted on the website.

https://www.automark.pk/pak-suzuki-raises-car-prices-of-various-models-in-pakistan/

Pak Suzuki Motor Company Limited (PSMCL) initially raised prices of vehicles by Rs 40,000-329,000 including a hike in prices of Mehran 800cc. The company in its letter issued to the authorized dealers attributed the price hike to negative exchange rate impact on account of recent rupee devaluation and new duties/taxes/federal excise duty levied by the government in the fiscal budget.
Recently, a new category of Alto by Pak Suzuki got hype for its fuel efficiency and adaptability feature. Alto 660cc which is locally manufactured passenger car stole the show in auto industry.
The brand new 600cc car has a R-series engine, with a modern exterior and interior both. There are three variants of this Alto; Alto VX which is without AC, Alto VXR which is with AC and Alto VXL AGS which has AC and automatic transmission. Each variant’s introductory price is given below:
Suzuki Alto 660cc Launch prices
VX 999,000
VXR 1,101,000
VXL 1,295,000

However, great things come with great prices and especially in the developing countries like Pakistan where automotive sector is suffering. According to industry sources; Pak Suzuki will further increase prices for their Alto car models in upcoming days.According to industry sources, each of the above mentioned numbers will be hiked above 1 Lac in addition to their current prices Assemblers say that owing to the rupee devaluation and high duties levied on the automotive sector, price hikes are now the major source of coping up with the cost. Keeping in mind the current situation of Pakistan, the future of every business seems to doom with every passing day. Specifically the auto industry has been facing major obstacles in running smooth operations lately. Stating that, Government needs to take proper measures and make business friendly laws in order to promote country’s economic growth.

By Amara Aqsa / Hanif Memon

Be A Customer Service ROCK STAR

My purpose in this article is to present some of the key mindsets and metaphors that makes the dealership staff Customer Service ROCK STAR at dealership aims to further enhance excellence in Customer Delight
Are You Ready to Be A Customer Service ROCK STAR?

Customer Service ROCK STAR knows the quality processes in Sales, Service and Parts operations raise productivity, keep the sales & service staff, technicians efficient and ultimately, work to produce happy & delighted customers.

8 winning mindsets that I’ll reveal to help you be a Customer Service ROCK STAR neatly summarized by the acronym ROCK STAR. Reason behind acronyms, it hooks into your mind like a catchy pop song. So, you will never forget them. Work and live by this little well-known code that distills what a World class Customer Service ROCK STAR is all about and you are guaranteed breathe taking results.

R in ROCK STAR remind you about the importance of resourcefulness. Resourcefulness is using our wits, proper judgment and common sense to resolve customer’s complaints, problems and meet challenges at dealership floor.It is using initiative in difficult situations and involves thinking, creating, evaluating, classifying, observing and analyzing solutions to overcome the challenges at dealership. Resourcefulness is dreaming up ways to meet our goals. It’s all about within us, how we behave in a situation. “Hazrat Ali (RA) said, Get afraid from a problem is a big problem”.
O in the ROCK STAR stand for Organized.Daniel Carneigie said that “an hour of planning can save your 10 hours of doing. Daily Action Plan that allows Customer Service Rock Star to focus on what’s important and most importantly provide them the feelings of everything is under control necessary to suffocate any sign of anxiety or stress. Daily action plan for Customer Service ROCK STAR is not only a guide designed to eliminate the stress of uncertainty but also to motivate them to carry out a set actions that they have formulated as fully feasible.
C in the ROCK STAR stands for Challenger. Customer Service ROCK STAR always challenge the limits of his/her possibility to create delight in the sales/service process and inspire customers to experience the joy and excitement of self-transcendence in a unique way. Customer choices are fast changing.Dealership staff need to gear up with right skill sets to deliver in such a dynamic environment. ROCK STAR needs to think beyond the boundary and showcase the right attributes of skills sets, attitude and knowledge. Batter practices and adopting new approaches will define ROCK STAR’s perspective to make impossible a POSSIBILITY.

“SKY IS NOT THE LIMIT; MIND IS THE LIMIT”

K in ROCK STAR stand for Keen Learner. Customer Service ROCK STAR always is on learning mode, take initiatives on personal and professional development throughskill enhancement, on job training and motivation thereby ensuring high level of customer satisfaction. ROCK STAR also attentive and learn from customer’s feedback that they received and considered to improve their personal performance.
S in the ROCK STAR stand for Service Driven.Customer always comes first. Customer Service ROCK STAR must be willing to go the extra mile to delight each and every customer. My Mantra for Customer Service ROCK STAR is neatly summarized by the acronym “SONG”. S stand for Serve, O stand of One Step Ahead, N stand for No Comparison and G stand for Give All. Every Customer Service ROCK STAR must sing his own SONG all the timeto delight the customer.
T in ROCK STAR stand for Team Player. Customer Service ROCK STAR understands the team/department’s goals and he know how his role supports team/department’s goal. He helps and encourage his teammates and don’t hog the credit for team wins. ROCK STAR keeps his/her commitment, communicate clear and value their teammates.
A in ROCK STAR stand for Adaptable:No day in dealership customer service is the same.Every customer is different and some may even seem to change week-to-week.In order to thrive in a constantly-changing environment, Customer Service ROCK STAR needs to adapt to their surroundings and be able to handle surprises, sense the customer mood and adapt accordingly.This also include a willingness to learn, providing good customer services at dealership floor is a continuous learning process.
R in ROCK STAR stand for Reliable. Customer Service ROCK STAR always goes extra miles ensuring high level of customer satisfaction with world-class experience at dealership floor.

This consistent mindset increases their reliability and trust in the eyes of customers. This mindset will not only result in an indebted and happy customer, it can also lead to higher customer retention and business sustainability.

Natural Metaphors For Customer Service ROCK STAR
I have mentioned below five natural Metaphors which Customer Service ROCK STAR must have:
FIRE: Customer Service ROCK STAR must have fire within. Fire gives ENERGY to perform.
WATER: Customer Service ROCK STAR must be like water. Water reflects FLEXIBILITY.
AIR: Air reflects ENVIRONMENT. Customer Service ROCK STAR must surround himself/herself with Positive and growing environment where he/she can grow more.
EARTH: Earth reflect GROUND to Paly. Customer ROCK STAR play hard on ground to deliver Results.
SKY:

Customer Service ROCK STAR always Fly High and above the Sky.

Exclusive written by Moazzam Abu Bakar and published in Automark Magazine’s July-2019 printed edition.

Tyre Care and Knowledge

Vehicle maintenance standards and guide lines are elaborated in the Maintenance Manual supplied to customers along with the vehicle by Original Equipment Manufacturers. Authorized workshops are available for the routine or emergency trouble shootings of the vehicle.

A tyre (air container) is the only part of a vehicle which bears the load, speed, friction, wear , tear, heat , cold, snow, mud and wet weather. Tyre suffers in any case when a vehicle goes in trouble. Tyre it self can create many troubles if not taken care of itself by the owner/driver. Let us discuss the tyre from it’s usage, service, re-purchase and disposition of used tyres.

TYRE SIZE DESIGNATION:
P195/60R15 87S
-P = Passenger car tire
-195 = Approximate cross section width in millimeters
-60 = Aspect ratio (height to width)
-R = Radial construction
-15 = Rim diameter in inches
-87 = Load index
-S = Speed rating symbol (S=max. speed of 112 mph)

MANUFACTURING DATE:
The date of manufacture is embossed on every tyre produced by the tyre manufacturers. It is mandatory requirement and is implemented internationally.
-The pattern is of international Standard as per cited below:
-3417 means 34th week of 2017.
-4517 43109 : 45th Week of 2017 & Tyre serial number.

INFLATION PRESSURE:
It is the standard inflation required to maintain in a tyre. In Pakistan we use pneumatic pressure in psi ( Per Square Inch) for Tyre air pressure. The sticker on the pole of driving side door have been pasted on all vehicles to inform the air pressure to be maintained in each tyre.
If we put a high pressure in the tyres it will create high noise and jerks / hard feelings in driving. A low air pressure normally damages the tyre itself in longer runs.

TOE IN – TOE OUT
Toe – in result when the front of the wheels are closer together than the rear of the wheels.
Toe – out is just the opposite.

Static Imbalance:
Occurs when there is a heavy or light spot in the tyre. Static Imbalance result in a vibration felt through the car seat, floor and steering column.

Dynamic Imbalance:
Occurs when there is a heavy or light spot on the side or off-center of the tyre tread, side wall or wheel. Dynamic Imbalance result in an unstable ride or wheel shimmy.

PURCHASING TYRE FOR REPLACEMENT IN VEHICLE

It is recommended that replacement of tyres to be made from the specification provided by the vehicle manufacturer. Change in rim size, aspect ratio, tread width and side wall dimension shall effect the vehicle performance and may lead to damages of axels, shock absorbers, chassis, side fenders and it also invalidate the vehicle warranty.

Disposition of old tyres:
Generally we dispose off tyres to the dealer for resale as scrap. Scrap Tyres are used I making rubber bushes, furniture fillings, sole of shoes and it may be burnt as a fuel ( Environmental Hazard).

AGEING OF TYRES:
Age of tyre can be assessed from the manufacturing date, physical conditions may also define the time to replace the tyre. International Laws and regulations are available for tyre age. It ranges up to a maximum of Five years to allow the use of tyre. In few countries maximm tyre age is three years.
In certain special arrangement tyres can be stored in dark rooms with special wrappings for protection form heat , sunlight and oxygen. How ever a shelf life has never crossed the time of more than three years before the fitment.

By: SYED ABID RAZA, Ex: Divisional Manager
Quality Assurance & Head of HSE Department at GTL

Electric Cars – A 100 Years Old Technology Again Knocking

The Doors of The Vehicle Industry

Ministry of climate change has been instructed by Prime Minister of Pakistan for preparation of Policy for Electric Vehicles. This is the right time for Pakistan to enter in Electric Vehicle market. It will solve envoirmental problems and will help to reduce surging oil import bill. In view of the need and worldwide transformations accordingly a separate ministry is required for transportation. However in the meantime, the Ministry on Climate Change, can be given the task of Ministry of Transport, as well, as it has already taken the initiative of getting the EV Policy 2019. There are no two ways on thinking on the subject, as the Ministry of Transport is imminent, and additional charge can be given to Advisor to the Prime Minister on Climate Change, for speedy disposal.

This assignment of Climate Change Ministry, for electric vehicle policymaking is a big task. The barriers to enter into the market are immense (from car manufacturers, transporters, etc). No charging infrastructure, no revenue collection streams in place, ambiguous import duty polices, no design for self-assembly industry and high cost of vehicles are just some of the stumbling blocks are on the way. It may be noted that a comprehensive and integrated policy is required.

Surprisingly electric car / vehicles are not a new thing for the world.Electric cars are older than the today’s normal internal combustion engine cars. Electric cars were introduced more than 100 years ago.In the early part of the century, innovators in Hungary, the Netherlands and the United States — began toying with the concept of a battery-powered vehicle and created some of the first small-scale electric cars, in the meanwhile Robert Anderson, a British inventor, developed the first crude electric carriage around this same time, it wasn’t until the second half of the 19th century that French and English inventors built some of the first practical electric cars. In the U.S., the first successful electric car made its debut around 1890 thanks to William Morrison.

Over the next few years, electric vehicles from different automakers began popping up across the U.S. New York City even had a fleet of more than 60 electric taxis. By 1900, electric cars were at their heyday, accounting for around a third of all vehicles on the road. During the next 10 years, they continued to show strong sales.

Many innovators at the time took note of the electric vehicle’s high demand, exploring ways to improve the technology. For example, Ferdinand Porsche, founder of the sports car company by the same name, developed an electric car called the P1 in 1898. Around the same time, he created the world’s first hybrid electric car — a vehicle that is powered by electricity and a gas engine. Thomas Edison, one of the world’s most prolific inventors, thought electric vehicles were the superior technology and worked to build a better electric vehicle battery. Even Henry Ford, who was friends with Edison, partnered with Edison to explore options for a low-cost electric car in 1914.

However, it was Henry Ford’s mass-produced Model T that dealt a blow to the electric car. Introduced in 1908, the Model T made gasoline-powered cars widely available and affordable. By 1912, the gasoline car cost only $650, while an electric roadster sold for $1,750. That same year, Charles Kettering introduced the electric starter, eliminating the need for the hand crank and giving rise to more gasoline-powered vehicle sales.

By the 1920s, the U.S. had a better system of roads connecting cities, and Americans wanted to get out and explore. With the discovery of Texas crude oil, gas became cheap and readily available for rural Americans, and filling stations began popping up across the country. In comparison, very few Americans outside of cities had electricity at that time. In the end, electric vehicles all but disappeared by 1935.Over the next 30 years or so, electric vehicles entered a sort of dark ages with little advancement in the technology. Cheap, abundant gasoline and continued improvement in the internal combustion engine hampered demand for alternative fuel vehicles.

In early 1970s. Soaring oil prices and gasoline shortages — peaking with the 1973 Arab Oil Embargo — created a growing interest in lowering the U.S.’s dependence on foreign oil and finding homegrown sources of fuel. Congress took note and passed the Electric and Hybrid Vehicle Research, Development, and Demonstration Act of 1976, authorizing the Energy Department to support research and development in electric and hybrid vehicles.

Yet, the vehicles developed and produced in the 1970s still suffered from drawbacks compared to gasoline-powered cars. Electric vehicles during this time had limited performance — usually topping at speeds of 45 miles per hour — and their typical range was limited to 40 miles before needing to be recharged. So interest in electric vehicles had mostly died down.

After 20 years in 1990’s new American federal and state regulations begin to change things. The passage of the 1990 Clean Air Act Amendment and the 1992 Energy Policy Act — plus new transportation emissions regulations issued by the California Air Resources Board — helped create a renewed interest in electric vehicles in the U.S.

During this time, automakers began modifying some of their popular vehicle models into electric vehicles. This meant that electric vehicles now achieved speeds and performance much closer to gasoline-powered vehicles, and many of them had a range of 60 miles.

The first turning point that helped reshape electric vehicles was the announcement in 2006 that a small Silicon Valley startup, Tesla Motors, would start producing a luxury electric sports car that could go more than 200 miles on a single charge. In 2010, Tesla received at $465 million loan from the Department of Energy’s Loan Programs Office — a loan that Tesla repaid a full nine years early — to establish a manufacturing facility in California. In the short time since then, Tesla has won wide acclaim for its cars and has become the largest auto industry for Electric Vehicle production.

Surprisingly now “The biggest electric vehicle manufacturer in the world isn’t Tesla, but the Chinese company BYD (or “Build Your Dreams”). The company began as a battery manufacturer — and that expertise led it to electric cars and trucks, which depend on battery cost and performance”.

It is good to note that Prime Minister’s Adviser on Commerce Abdul RazakDawoodrecently said the electric vehicle (EV) policy would be formulated in consultation with the stakeholders and it would be aligned with the current auto policy.

The policy would incorporate global and regional best practices, growth of the EVs and the environmental concerns would be addressed properly.

by Anwar Iqbal, published in Automark magazine printed edition of July-2019

Huge and tough year ahead for auto industry of Pakistan

Recently, the economic environment of Pakistan has not been in a good weather sadly. Moreover, the effects are escalated on both the consumer and production side in every sector of industrialization.

Initially, high-end taxes were being imposed and now you might have come across sky high prices of cars in auto industry of Pakistan.

According to sources, Honda Atlas assembler and manufacture of Honda cars in Pakistan has plan to cut down its annual production target from 50,000 cars to 30,000 cars due to the current economic situation and expectation of lower sales for year 2019-20.

Due to lower production target, Honda Atlas may also layoffs considerable number of labor force from its firm where most of the employees are from manufacturing department.

In addition to Honda Atlas, Indus motors which is another car assembler of Toyota cars in Pakistan may reduce its production by 25% as per industry source, giving a huge set back to auto sector of Pakistan. It has also been said by the market sources that these companies are trying to become more technology intensive and less labor intensive.


The rupee witnessed massive depreciation against the US dollar, which then led to the existing carmakers raising their prices on multiple occasions to pass the impact of increased cost on to the consumers.

In the light of budget announcement for the fiscal year 2019-20, high Federal Excise Duties (FED) were presented to be imposed on local assembled different car types:
• 2.5% FED to be imposed on cars up to 1000cc engine displacement; whereas previously there was 0% FED on this engine capacity
• 5% FED to be imposed on cars between 1001cc and 2000cc engine displacement, while the previous FED was 0%.

Since most of the people use cars with engine displacement in the above given range, it is getting hard to buy these vehicles on high rate. Apart from FED, drastic increase in price of cars is the major issue at this point. Toyota, Suzuki, Honda and other companies have rise the prices almost got doubled from the previous ones, making things worse on the consumer’s side. Due to this increase in FED, prices of these cars have also increased making things worse on the consumer’s side.


While government on the other hand proposed a lower FED on few cars with high engine displacements, it does not seem to be much of a use. The change is FED is as follow:
• FED on 1700 cc-2000 cc cars should be lowered from 10% to 5%
• FED on high-end cars (2001 cc and above) should be cut down from 10% to 7.5%

However, most of these vehicles are made for commercial purposes but customers mostly buy low capacity engine vehicles in Pakistan. The reduced purchasing power of customers and low selling power of producers is giving a serious hitch to auto sector which is already struggling through inflation.

It was a trying year for Indus Motors, Pak Suzuki and Honda Atlas, as company profits suffered owing to various developments in the economy. The previous government’s decision to restrict non-filers from purchase of automobiles and the massive depreciation in the rupee significantly dented demand.

In this current scenario, auto industry is losing its major opportunities in terms of investment and innovation. In continuation of used car import policy and high prices, federal excise duty is a new hurdle in the way of progressing auto industry of Pakistan. Government should take steps and make friendly policies for buyers and producers. If the current situation persists for a longer period, the auto sector will soon be in devastating condition and the whole economy will suffer due to this major setback.

by Aqsa Amara

Bike prices reach another high in Pakistan

Since October 2018, Atlas Honda has continued to increase its bike prices as the Rupee kept on devaluating against the Dollar. Yet again, the prices have increased up to Rs.6000 of various motorcycles including Atlas Honda and Yamaha.

The budget for fiscal year 2019-20 and increasing tax rates has a huge role to play in the increment of prices as the cost needs to pass on the customer at the end of the day, the Chairman Muhammad Sabir Shaikh mentioned. Even the Chinese companies have increased their prices in order to adjust the taxes that are levied in the new budget.

Moreover, the spare parts of motorcycles will also be taxed according to a statement released by the FBR stating that the parts will be taxed according to the motorcycle’s retail prices and not the custom’s value.

There was change in many models of Atlas Honda bike prices. Some of them are as follows:

  1. CD7O (red and black); from Rs70,900 to Rs73,900 with total sales tax of Rs10,737.
  2. CD7O Dream (red, black and silver); from Rs74,900 to Rs77,900 with total sales tax of Rs11,318.
  3. Pridor (red and black); from Rs96,900 to Rs100,500 with sales tax of Rs14,602
  4. CG125 (red and black); from Rs117,500 to Rs123,500 with sales tax of Rs17,944.
  5. CG125 Self (red and black); from Rs136,500 to Rs144,900 with sales tax of Rs21,053.
    Yamaha also followed through:
  6. YBR 125Z; from Rs127,500 to Rs130,500 with sales tax of Rs18,962
  7. YBR 125G; from Rs149,500 to Rs153,000 with sales tax of Rs22,231
  8. YBR 125; from Rs144,500 to Rs147,500 with sales tax of Rs21,432
    Therefore, it doesn’t seem like these prices will slow down anytime soon as the bike prices rise very frequently within a year.

CKD Vs SKD operations of Auto Sector in Pakistan

Auto sector holds significant importance in Pakistan, and generally in the whole world. Technological innovations are playing a major role in generating epic and beyond human thinking featured cars.

While most of the car lovers out there always remain updated with the new car models and their specification, however, there is a lot more to know about behind the scenes process.

Assembly of Automobile operations generally performed by the imported and locally produced parts.

The main disadvantage of SKD operations are;
The rate of Custom duty and other taxes are charged as of CBU. No significant savings in freight charges. Customer confidence on SKD operations are always weak when compared to CKD assemblers.

Because of the freight charges and higher custom duty on SKD kit, SKD vehicle cannot compete with CKD assembled vehicles in selling price.

The imported parts are classified generally into two categories .
CKD – Complete Knock Down
SKD – Semi Knock Down
Completely Knock Down, also known as CKD is a manufacturing process in automotive field, where the parts are exported completely as they are and it gets reassembled into finished product in selling country. Usually, CKD kits are exported to countries where automotive industry is at high development stage and indigenization facilities of parts already established.

However, CKD operations requires high capital investment for the establishment of Assembling facilities to convert CKD into CBU by investing in Spot Welding , ED coating, Paint Shop , an Assembly line, and other infra structure facilities additionally large number of work force is also require to complete the operations. However to maintain the project viable and to compete with competitors and to gain customer confidence it is always feasible to have CKD operations.

The new AIDP also discourage SKD operations and there is no incentives on SKD operations
Automotive Development Policy (2016-2021) encourage establishment of new assembly plant facilities, new and upgraded models with new technology.

Though it is important to focus on the technological aspects, however the manufacturing process takes various forms. Take the example of the car which you bought directly from the market or imported it. It seems like every vehicle is a Completely Built Unit (CBU), meaning that it was manufactured, assembled at one place and ready to sell. Well, that is not the case always. Let us throw some light on the various manufacturing processes in auto industry and their pros and cons.

Import of CKD is generally viable for feasible units of sales due to concessional rate of custom and other taxes on such parts which are not yet manufactured in the country. The CKD kit can be reduced step by step by deleting those parts which are indigenized by the importer thus making the product viable by reducing the cost of imported CKD parts on one hand, low per unit cost of CKD freight charges, low import cost etc.

Whereas SKD stands for Semi Knock Down, in which components are partially disassembled into few units before exporting it to another country. Unlike CKD kits, SKD kits are exported to the areas/foreign countries where automotive industry is in its low development stage, however there is no high capital cost required to develop complete assembling facilities as mostly the SKD imported parts are welded and painted, only an assembly line and testing facilities are required to assemble and to check the vehicle quality.


Under this policy there are two types of investment classified;
Green Field
Brown Field

For Green Field inventors (for Cars and LCV) there are number of incentives are available which includes;

Imports of CKD part (Not yet localized by any competitor) at 10% custom duty where as 25% custom duty on those parts for which the local manufacturing facilities are already available. This facility is available for five years and at the end of the fifth year the manufacture should catch the local industry level.

Imports of 100 Units of CBU on the 50% of prevailing rate of Custom duty, One time Imports of Plant equipment and machines under the specified SRO.

Under this category the part are allowed under the same category as of Green field but instead of five years as allowed to Green Field, Brown field investors are allowed only three years. No other facilities as available to Green Field investors in terms of imports of CBU and import of plant are allowed.

AIDP 2016-21 did speak about facilities neither for Green nor for Brown field investment for farm tractors and two and three Wheelers assembly operations.

Brown field investors are categorized as those already have assembling facilities but their operations are halted since last three years due to sales or other management problems.

by Amara Aqsa

Pak Suzuki raises car prices of various models in Pakistan

The price of Suzuki Mehran VX and VXR models was increased to Rs839,000 and Rs923,000 from Rs799,000 and Rs880,000 respectively.

Furthermore, prices of Cultus VXR, VXL and VXL AGS were raised to Rs1.745 million, Rs1.85m and Rs1.975m against Rs1.440m, Rs1.551m and Rs1.668m respectively.

Swift DLX NAV and AT NAV model prices were also raised to Rs1.975m and Rs2.050m from Rs1.585m and Rs1.721m.

WagonR VXR and VXL models will now be sold at Rs1.540m and Rs1.625m against Rs1.264m and Rs1.344m.

Pak Suzuki Motor Company Limited (PSMCL) raised prices of vehicles by Rs40,000-329,000 including a hike in prices of Mehran 800cc


Suzuki Vitara GLX prices were also increased to Rs4.295m from Rs4.090m.

Pak Suzuki official Spokesperson said the auto sales may come under pressure in coming months after massive jump in price tags.

“We have not passed the full impact of new taxes and duties to the consumers and the company is still bearing the major impact of new budgetary measures,” he claimed.


However, following government intervention, the local assemblers were insulated from the threat of imported vehicles affecting their sales.

Moreover, prices of Ciaz GL MT and GL AT were increased to Rs2.3m and Rs2.5m from Rs2.160m and Rs2.300m.

Bolan and Bolan Cargo Van prices were also been jacked up to Rs1.050m and Rs1.005m from Rs874,000 and Rs840,000.

The company in its letter issued to the authorised dealers attributed the price hike to negative exchange rate impact on account of recent rupee devaluation and new duties/taxes/federal excise duty levied by the government in the fiscal budget.

The company said the hikes would not be apply on pending orders by customers who have failed to deposit their balance payment within tentative delivery date of vehicles.

KIA opens booking for locally assembled SUV Sportage. Here is how you can book at just Rs 1.5m

The five-seater SUV’s delivery will start in August, 2019, KIA Motors said in a leaflet available at social media and at company page of FB.


From 1st July-2019 opened bookings for new locally assembled of sportage’s two models. The bookings for the both models of Sportage can be done at any Kia showrooms by paying an initial payment of Rs 1,500,000.

Two models Sportage FWD (Front Wheel Drive) at the tag price of Rs. 4,599,000 and AWD (All Wheel Drive) model price tag of Rs. 4,999,999 X-Factory prices.

Booking amount for both models are Rs. 1,500,000 while these are prices are introductory for limited units only and with 4 years or 100,000km warranty offer.


The Sportage is bigger in version in terms of length and space. The SUV have 2.0-litre petrol MPI engine that gives Maximum Output (kW(ps)/rpm) 115(157)/6200 and 196Nm torque. 6 speed automatic transmission, Alloy Rim and Dual Airbags.

The country’s only Korean car assembler plans to start booking of the local assembled 1000cc Picanto, five-seater passenger car in August-2019.

Earlier, according to an official letter from Lucky Cement sent to the Pakistan Stock Exchange. Informed about the current updates of the Kia Motors (KLM) Project, successfully completed commissioning of the equipment and pilot production and recently commenced CKD operations at its plant located at Bin Qasim Industrial Park, Karachi within the originally envisaged project timelines.

The production of the plant has a capacity to produce 50,000 vehicles per annum on a double shift basis and this entire project, including the state of the art facility will cost around PKR 19.5 billion.