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Auto prices likely to further enhance

Auto prices likely to further enhance

ISLAMABAD: The major cars assemblers in the country have once again raised the rates of their all models, on excuse of minor devaluation of Pakistani rupee.

The prices of Suzuki Mehran have been increased to Rs 689000 from 679000 and VXR from Rs732000 to Rs. 742,000. Similarly, Wagon R VXL price has been increased to Rs1114,000 from Rs10,94000.

According to sources, these prices have already been implemented with the new year. The new bookings orders will be entertained as per new prices, however, those who booked their cars in 2017 will receive their delivery as per old rates.

The Toyota company increased car prices by up to Rs160,000 for its different models during the last one year. First increase was in July while the second surge was in December last month.

The prices of GLI were 1664000 on January 1, 2017. In July, they were revised to Rs1734000 and in December they were again hiked to Rs1819000. Likewise, the prices of Toyota GLI AT were 1864000 in January 2017. In July, they were increased to Rs1939000 while in December 2017 they were again raised to Rs. 2024000. The prices of Altis 1.8 jumped to Rs2199000 in December from 2084000 in January last year.