Tag: Auto Industry of Pakistan

Pak Suzuki have decided some key things regarding the delivery policy of vehicles, the most notable are regarding the bookings’ delivery time and the price hold period. This new policy have been introduced by Suzuki keeping in view the public backlash and difficulties it and other auto manufacturers of Pakistan are facing with governmental organizations regarding the CKD kits imports. 60 day booking policy In past couple of years Pak Suzuki have been taking bookings of 3 to 4 months for lots of its vehicles, but now according to new 60 day booking policy, following terms will apply. Pak Suzuki will only take booking for next 60 days only, if they do not have capacity to deliver a vehicle in […]

Last time in the very beginning of August 2022, United States Dollar (USD) hit its top against Pakistani Rupee (PKR). At that time USD was valued at Rs 240.30 in transactions involving exchange of currency. By than almost all car manufacturers had increased their selling prices of Cars by a percentage starting from 14% to 25% in PKR. But later when International Monetary Fund (IMF) announced the confirmation of deal to resume the bailout plan, PKR again started rising in value to the point that it hit Rs. 113 against USD in Interbank at one point. Now after Rupee Regained its value, most of the auto manufacturers with few exceptions reduced their prices to compensate. However, this reduction was not […]