In a time when Pak Rupee is gaining its strength back against the US Dollar, Pak Suzuki has surprised everyone by increasing their product prices for the fourth time in this year. The earlier prices revisions were attributed towards falling rupee value against the dollar, however the reason for the latest price revision hasn’t been […]
General Elections 2018 has brought stability to the exchange rate since the very first day after polls’ results were announced in Pakistan. The dollar on Friday continued losing its value against the rupee, dropping even below the interbank rate suggesting ample supply of the US currency in the open market. The President of Forex Association […]
The Pakistani Rupee weakened over 5% to hit a record low of Rs 128 against the US dollar in the inter-bank market on Monday, July 16th according to sources familiar with the matter. On Friday, the currency closed at Rs 121.55 in the inter-bank market. Related: Will We Get Quality Cars in Affordable Prices? This […]
The government has recently admitted that some car assemblers in Pakistan were selling vehicles at higher rates and were not delivering some variants within the prescribed time of two months which was resulting in black marketing. Related: Govt Admits Vehicles in Pakistan are Priced Higher with Delayed Deliveries Last week, the Minister for Industries and […]
Indus Motor Company (IMC) has increased prices of 1.3 and 1.6 liter Toyota Corolla variants by Rs 50,000 to 60,000 ahead of the new year. The new price of Toyota Corolla XLi is Rs 1.81 million, which was previously Rs 1.75 m. GLi and GLi automatic are now priced at Rs 1.94m and Rs 2.02m […]
Considering the ongoing Rupee devaluation against the US Dollar, car manufacturers have indicated to increase the car prices of both passenger & commercial vehicles from 10% to 15%. According to information, this price increase will be based on the parts and components that are currently being imported as the car assemblers aren’t willing to bear […]
From Express Tribune: Pak Suzuki Motor Company (PSMC) – Pakistan’s top car maker by market share – has increased prices of its vehicles by 3% with effect from 1st August 2016, according to information given by official dealers. It translates to a price hike between Rs. 20,000 to Rs. 30,000 on all its car models. […]
