Following Indus Motor Company and Honda Atlas, Pak Suzuki Motor Company (PSMC) has also increased its car prices for a second time within a month by up to Rs350,000.
The new rates will come into effect from February 9.
The company had earlier hiked prices on January 24 in the range of Rs115,000 and Rs355,000.
With the latest round of price increase, the rate of its cheapest and most popular passenger car Alto VX crossed the Rs2 million mark. Alto VX will now be sold for Rs2.034 million following a price hike of Rs175,000. The higher end Swift GLX CVT will now be selling for Rs4.462 million after a price hike of Rs347,000. The vehicle was earlier priced at Rs4.115 million.
Wagon-R variants saw a price increase in the range of Rs248,000-289,000 while Cultus models witnessed hikes in the range of Rs287,000-337,000.
Recently, Indus Motor Company and Honda Atlas also raised their prices for the second time within a month amid massive rupee depreciation.
Earlier this month, Honda Atlas Cars jacked up the prices of its vehicles for the second time in two weeks, with the hike being as high as Rs1.1 million on a cumulative basis.
