Following Toyota, Suzuki, and Honda, Changan and DFSK have also reduced the prices of their cars. As the Pakistani Rupee strengthened against the US Dollar, the automotive companies decide to reduce their car prices and provide benefits to their customers.
Changan and DFSK Latest Price in Pakistan
The new prices of Changan and DFSK vehicles after the reduction in their car prices are:
- The price of Prince Pearl in Pakistan is now Rs. 1,749,000 after a reduction of Rs. 171,000 from the previous price of Rs. 1,920,000
- DFSK Glory 580 Pro also experienced a price cut of Rs. 450,000, now having a reduced price of Rs. 6,100,000
- The price of the base variant Glory 580 1.5L CVT has been reduced to Rs. 5,610,000 as compared to the previous price of Rs. 6,105,000
- The new price of Glory 580 1.8L CVT is Rs. 5,806,000, against the previous price of Rs. 6,256,000
- K07 Humsafar now costs Rs. 2,469,000 compared to the previous price tag of Rs. 2,549,000
- Changan Oshan X7 Comfort now costs Rs. 7,049,000 as opposed to the previous price of Rs. 7,449,000, indicating a reduction of 400,000 rupees
- Oshan X7 FutureSense now costs Rs. 7,549,000 as opposed to the previous price of Rs. 7,749,000, indicating a price reduction of Rs. 200,000
- Changan Karvaan MPV now costs Rs. 2,419,000 compared to the previous price of Rs. 2,469,000, indicating a reduction of 50,000 rupees
- Changan Karvaan Plus MPV now costs Rs. 2,569,000 compared to the previous price of Rs. 2,619,000, indicating a reduction of 50,000 rupees
Also read: Honda Decreases Car Prices After Toyota and Suzuki
KIA Refused to Drop the Prices of its Cars
KIA Pakistan has refused to drop the prices of their vehicles while all automobile manufacturers are passing the impact of rupee appreciation to their customers by reducing the price of their products. Lucky Motors said in a statement; “LMC has always believed in being fair and transparent in our pricing policy; being a customer-centric company we took the unprecedented decision to maintain our vehicle prices for over 2 years since the launch of our flagship models: revising the same at an average of only once over the past 4 years.” The company further added; “While companies have been forced to take a wait and watch strategy to monitor the fluctuation in the exchange rate to see where prices will go, the increase was inevitable. To help sustain our business, we recently increased the price by 14% on 18th July; which we feel was a reasonable increase given the significant devaluation of the PKR against the USD; whereas during the same period, other industry players had taken the decision to increase prices between 19% and 23%, which has very recently been corrected to bring the increase at parity with Kia.”
