According to the details, the company has increased the prices of Kia Picanto, Kia Sportage, Kia Stonic, Kia Sorento, and Kia Carnival in Pakistan by Rs. 1.3 million, depending on the model.
“Due to the significant and unprecedented depreciation of the PKR to USD over the past two days, it has become inevitable for LMC to increase the existing EX-Factory prices of all its vehicles.” The company announced in its notification to dealers.
The new rates will be applicable from January 31, 2023.
While the impact of PKR to USD devaluation has been huge, LMC being a customer centric organization has decided not to pass on the full impact to our valued customers.” That said, he added that only a partial impact is being passed on to the customer and the rest is absorbed by IMC.
It is noteworthy that the Pakistani rupee has fallen to its lowest level in history. 269.63 against the US dollar at the close of the interbank market on January 30, 2023.
Kia Picanto Price in Pakistan
The price of Kia Picanto in Pakistan has been increased by Rs. 100,000 for both the variants, the M/T variant is priced at Rs. 3,200,000 and the A/T variant to Rs. 3,400,000 as compared to the old price of Rs. 3,100,000 and Rs.3,400,000 respectively.
Kia Stonic Price in Pakistan
The price of Kia Stonic EX in Pakistan has also been increased by Rs. 255,000 from the old rate of Rs.4,800,000 bringing the new price. 4,545,000, while the price of the Kia Stonic EX+ has been increased by Rs. Bringing the new rate to Rs.402,000 from the old rate of Rs.5,250,000. 4,848,000
Kia Sportage Price in Pakistan
Kia Sportage Alpha price in Pakistan is now Rs. 6,500,000 after a massive increase of Rs. 6,250,000 up from the old price of Rs.250,000 similarly the Kia Sportage FWD is priced at Rs. 7,000,000 up from the old price of Rs.250,000 after an increase of Rs.6,750,000 Meanwhile, the Kia Sportage AWD is now priced at Rs. 7,650,000 400,000 over the old price of Rs.7,250,000 with an increase of Rs.
Kia Sorento Price in Pakistan
Kia Sorento 2.4 FWD price in Pakistan is now Rs. 8,400,000 up from the old price of Rs.600,000 after an increase of Rs.7,800,000 Similarly, both the Kia Sorento 2.4 AWD and 3.5 FWD are now priced at Rs. 9,100,000 8,500,000 over the old price of Rs.600,000 after an increase of Rs.
Kia Carnival Price in Pakistan
Meanwhile, the Kia Carnival in Pakistan is now priced at Rs. 15,000,000 after an absolute massive increase of Rs. 1,301,000 from the old price of Rs. 13,699,000
Here is a copy of the notification:
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