In response to the persistent economic challenges stemming from the depreciation of the Pakistani Rupee against the US Dollar, KIA Motors Pakistan has made the decision to adjust its vehicle prices, effective from September 06, 2023.
The primary driver behind this price adjustment is the significant devaluation of the Pakistani Rupee, which has resulted in higher production costs for KIA Motors Pakistan.
In order to uphold product quality and meet customer expectations, the company found it imperative to revise the retail prices of their automobiles.
Here are the updated prices for KIA cars, taking effect from September 06, 2023:
The price of the KIA Picanto AT has been raised by Rs125,000, now priced at Rs3,950,000, up from the previous Rs3,825,000.
The KIA Stonic EX+ now costs Rs6,280,000, reflecting a Rs230,000 increase from its prior price of Rs6,050,000.
The KIA Sportage AWD is now priced at Rs8,920,000, following a Rs100,000 hike from its previous price of Rs8,820,000.
The KIA Sportage Black Limited Edition has seen its price increase by Rs350,000, now standing at Rs9,650,000, up from the earlier Rs9,300,000.
These adjustments in car prices by KIA Motors Pakistan are a response to the economic conditions and currency fluctuations affecting the automotive industry.
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