KIA increase massively in its cars prices up to 400,000

kia-increase-massively-in-its-cars-prices-up-to-400000

With the exception of the Picanto Manual, Stonic EX, and Carnival, Lucky Motor Corporation Limited (LMCL) has increased the cost of all Kia vehicles. The increase has not been explained in detail by the corporation.

It is important to note that the corporation has raised the cost of Picanto Automatic as well, unlike the previous price increase. The following new pricing are effective as of July 5:

Model Current Price (Rs.) Revised Price (Rs.) Increase (Rs.)
Picanto Automatic 3,625,000 3,825,000 200,000
Stonic EX+ 5,930,000 6,050,000 120,000
Sportage Alpha 7,050,000 7,300,000 250,000
Sportage FWD 7,940,000 8,190,000 250,000
Sportage AWD 8,570,000 8,820,000 250,000
Sportage Black Edition 9,050,000 9,300,000 250,000
Sorento FWD 10,400,000 10,800,000 400,000
Sorento AWD 11,300,000 11,700,000 400,000
Sorento V6 11,390,000 11,790,000 400,000

Due to Pakistan’s persistent economic problems, Kia’s momentum has substantially decreased when compared to the previous two years.

The business was discussed along with Pakistan’s largest automakers in terms of market share till mid-2022. However, it is now barely selling hundreds of cars.

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Last Month KIA Sales

Last month, the company’s sales increased little, but not significantly. Although that makes sense given that all Pakistani automakers are currently operating in survival mode due to the current situation.

To read our blog on “Kia has begun shipping its new flagship electric SUV,” click here.

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