Lucky Motor Company (LMC), the manufacturer of Kia vehicles in Pakistan, has announced a significant price reduction for Sportage variants by up to Rs. 300,000.
The revised prices will take effect from today, March 4th, 2024. As per the official notification issued on Sunday, the company has lowered the price of Sportage Alpha by Rs. 250,000.
It’s worth noting that Kia was the first car manufacturer in the country to announce a major price increase in 2024. Sportage Alpha was among the two models that witnessed a price hike of Rs. 250,000.
Conversely, the prices of Sportage FWD, AWD, and Limited Edition have been slashed by Rs. 300,000. Following the price adjustments, Sportage Alpha now costs Rs. 7,300,000, FWD Rs. 7,740,000, AWD Rs. 8,470,000, and the Limited Edition now stands at Rs. 9,000,000.
Last week, Pak Suzuki Motor Company (PSMC) announced price increases of up to Rs. 180,000 for its various models.
The auto manufacturer raised the prices of 660cc Suzuki Alto variants by up to Rs. 110,000. Post the price adjustment, Alto VX now retails for Rs. 2,331,000, Alto VXR for Rs. 2,707,000, Alto VXR AGS for Rs. 2,894,000, and Alto VXL AGS for Rs. 3,045,000.
Suzuki Cultus AGS saw the most significant price hike of Rs. 180,000, with its new price being Rs. 4,546,000. Similarly, the prices of Suzuki Swift GL MT and Swift GLX CVT have been raised by Rs. 85,000.
