Hyundai Nishat Motors Private Limited (HNMPL) has announced a massive hike in the company’s car prices in Pakistan due to worsening economic conditions and increased cost of production for the company.
According to the Hyundai Pakistan, it has raised car prices in Pakistan by up to Rs. 500,000, which brings the company’s cheapest offering to Rs. 5.7 million and out of the reach of most people during these hard times.
Hyundai Tucson Price in Pakistan
The price of Hyundai Tucson GLS Sport (FWD) in Pakistan is now Rs. 7,399,000 after a hike of Rs. 500,000 from the old rate of Rs. 6,899,000, while the price of the higher-end Hyundai Tucson Ultimate (AWD) is now Rs. 7,899,000 from the old rate of Rs. 7,399,000 with an increase of Rs. 500,000.
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| Tucson GLS Sport FWD | 6,899,000 | 7,399,000 | 500,000 |
| Tucson Ultimate AWD | 7,399,000 | 7,899,000 | 500,000 |
Hyundai Elantra Price in Pakistan
The company has raised the price of Hyundai Elantra GL 1.6 in Pakistan to Rs. 5,699,000 from the old rate of Rs. 5,299,000 with an increase of Rs. 500,000, while the price of Hyundai Elantra GLS 2.0 has been raised to Rs. 6,099,000 after an increase of Rs. 400,000.
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| Elantra GL 1.6 | 5,299,000 | 5,699,000 | 500,000 |
| Elantra GLS 2.0 | 5,699,000 | 6,099,000 | 400,000 |
It bears mentioning that Hyundai Elantra GLS 2.0 has gotten the least increment in price compared to all other models being offered by the company.
Hyundai Sonata Price in Pakistan
Meanwhile, the price of Hyundai Sonata 2.0 in Pakistan is now Rs. 8,649,000 and the Hyundai Sonata 2.0 will now cost Rs. 9,399,000 after an increase of Rs. 500,000 for both variants from the old rates of Rs. 8,199,000 and Rs. 8,899,000, respectively.
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| Sonata 2.0 | 8,199,000 | 8,649,000 | 500,000 |
| Sonata 2.5 | 8,899,000 | 9,399,000 | 500,000 |
Hyundai Porter Price in Pakistan
Furthermore, the company has also raised the price of Hyundai Porter in Pakistan by Rs. 200,000, which has taken the Porter Deckless to Rs. 3,358,000, the Porter Flat-Deck to Rs. 3,378,000, and the Porter High-Deck to Rs. 3,398,000.
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
|---|---|---|---|
| Porter Deckless | 3,158,000 | 3,358,000 | 200,000 |
| Porter Flat-Deck | 3,178,000 | 3,378,000 | 200,000 |
| Porter High-Deck | 3,198,000 | 3,398,000 | 200,000 |
Here is a copy of the notification:
Meanwhile, Kia Lucky Motors Corporation (KMLC) has also announced a price hike yesterday.
Read more: Kia Increases Car Prices in Pakistan [February 2023].
