The local cars assemble PAK Suzuki hike the price of its car VITARA GLX by PKR, 560,000 the new price of VITARA GLX will be an effect from 1st October 2019.
According to the details, recently PAK Suzuki sent the notice to all dealers across Pakistan to hike the price of VITARA GLX. Here is the notice sent by the PAK Suzuki:
PAK Suzuki has not mentioned the reason behind the hike price of VITARA GLX. But a few days back PAK Suzuki closed the booking of its several cars due to the decline in the sale. The company recently announced that the Wagon R Automatic Variant will be launch soon in Pakistan. To attract the consumer PAK Suzuki has also plan for launching Suzuki Jimny 4th generation in Pakistan.
The sales of cars in the local auto industry decline as compared to the previous year. In August 2019 PAK Suzuki sales decline by 56.15% as compared to the previous year. The top-selling cars of the company Wagon R, Swift and Cultus sales also drop.
Due to the massive decline in sales company launch new variants in the market to attract its consumers and increase sales. The overall auto industry suffers in a loss due to the high cost of production, due to the taxes and duties automakers increase the prices and the hike prices drop the sale. From the last 3 months, the prices of vehicles continuously increase.
