Pak Suzuki Motor Company (PSMC) announced a price hike for the Suzuki Cultus in Pakistan, which was made applicable from 6th April 2023.
According to the details, Pak Suzuki Motor Company (PSMC) increased prices of all vehicles, including the Suzuki Cultus, Suzuki Alto, Suzuki Wagon R, Suzuki Swift, Suzuki Bolan, and Suzuki Ravi, as the company continues to struggle amid the country’s economic conditions.
In a notification, the company revealed the new prices of all vehicles, including the Suzuki Cultus, which has seen an increment of Rs. 178,000 for the base variant, while the price of flagship version of the vehicle has been a jump of Rs. 209,000.
According to the notification, the price of the Suzuki Cultus VXR in Pakistan is now Rs. 3,718,000 after a hike of Rs. 178,000 from the old rate of Rs. 3,540,000.
Meanwhile, the price of Suzuki Cultus VXL is now Rs. 4,084,000 compared to the old rate of Rs. 3,889,000 after a hike of Rs. 195,000.
Lastly, the price of the flagship variant, the Suzuki Cultus AGS, has seen a jump of Rs. 209,000, bringing the new price to Rs. 4,366,000 from the old rate of Rs. 4,157,000.
Suzuki Cultus Price in Pakistan
| Variant | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| Cultus VXR | 3,540,000 | 3,718,000 | 178,000 |
| Cultus VXL | 3,889,000 | 4,084,000 | 195,000 |
| Cultus AGS | 4,157,000 | 4,366,000 | 209,000 |
The frequent price hikes in the local automotive industry are mainly due to the poor economic conditions of the country and the depreciation of the Pakistani Rupee against the US Dollar (USD to PKR).
The automotive industry has suffered major damage as sales have fallen drastically and companies are forced to observe non-production days (NPDs) because of import restrictions, which are causing inventory shortages.
Read more: Suzuki Increases Car Prices in Pakistan from 6 April.
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