The Suzuki Swift was launched in Pakistan on February 24, 2022. The car is locally manufactured by Pak Suzuki Motor Company Limited.
(more…)Tag: Pak Suzuki
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Price, specs of Suzuki WagonR in Pakistan
Suzuki WagonR was launched in Pakistan on April 22, 2022. The car is locally manufactured by Pak Suzuki Motor Co., Ltd.
The ex-factory price of Suzuki Wagon R VXR is Rs2,629,000. The ex-factory price of Suzuki Wagon R VXL is Rs2,789,000. The ex-factory price of Suzuki Wagon R AGS is Rs3,059,000.
The car is available in variety of colors which include Pearl Black, Graphite Gray, Silky Silver, and Solid White.
READ MORE: Price, specs of Land Cruiser 300 in Pakistan
The car contains 1.0 liters, Euro 2 petrol engine with a displacement of 998cc which generates a power of 50/6200 kW/rpm at a torque of 90/3500 Nm/rpm. WagonR has mileage up to 14km/l on urban areas and 17km/l on highways making for an estimated range of up to 490KM to 595km.
The car has a distant sloping stance, imposing look and design which makes it more attractive to people. The car contains spaciousness, safety features and AGS transmission which ensures fuel efficiency and gives comfort to drivers.
WagonR is equipped with K-series engine which makes the car fuel efficient and makes the drive smooth, noiseless and powerful.
READ MORE: Price, specs of Toyota Corolla Altis X in Pakistan
The value added features of Suzuki WagonR 2022 are AGS Transmission, Keyless Entry, Immobilizer, Anti-Theft security system, Front passenger under seat tray, Infotainment System 9” Mp5 Touch Screen, Power Steering, High quality seat fabric, power windows, alloy wheels, Rear end chrome garnish, and rear flat floor.
The accentuated accessories in car are Side body moulding and side under spoiler, door visors, rear under spoiler, front under spoiler, rear upper spoiler, and fog lamps.
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Price, specifications of Suzuki GSX 125
Suzuki GSX 125 is launched with the official price of Rs359,000. The company launched the motorcycle with the official red, black and blue color.
According to the company, the bike can be booked in the nearest Suzuki dealership with the choice of selecting colors.
The motorcycle is launched with powerful and fuel efficient 125cc Engine, equipped with SEP (Suzuki Eco Performance) Technology. The Efficiency and Power Goes Hand-in-Hand.
Suzuki GSX125 is crafted with sporty curves, diamond-shaped halogen headlamp, vibrant & strong shocks, 2-POD calliper hand-bars, alloy rims with disc brakes and shimmering muffler.
READ MORE: Pak Suzuki Motors posts hefty loss of Rs2.5 billion in third quarter
The features of the bike include 125cc single cylinder, 4 stroke air cooled engine. 7.8kw/9000 rpm max power. 9.2Nm torque at 7000 rpm. The bike has the option of Self Start. There are 5-speed constant mesh transmission.
The height of the seat of bike is 770mm with kerb mass of 126 kilograms and a fuel tank with huge capacity of 14.2 liters.
The bike has wheels with overall length of 1990mm, width of 755mm, height of 1075mm, wheel base of 1270mm and ground clearance of 167mm.
The bike has 2.75-18 tubeless front tyre and 90/90-18 tubeless rear tyre. Hydraulic disc front brake and internal expanding drum rear brake. The bike also has a spring hydraulic damping front suspension and spring hydraulic damping rear suspension.
READ MORE: Suzuki Pakistan announces plant shutdown on inventory shortage
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Suzuki launches GSX 125 motorcycle in Pakistan.
Suzuki Pakistan launched the GSX 125 motorcycle in Pakistan which was already displayed in the Pakistan Auto Show 2022 by the company.
Suzuki GSX125 is crafted with sporty curves, diamond-shaped halogen headlamp, vibrant & strong shocks, 2-POD calliper hand-bars, alloy rims with disc brakes and shimmering muffler.
The motorcycle is launched with powerful and fuel efficient 125cc Engine, equipped with SEP (Suzuki Eco Performance) Technology. The Efficiency and Power Goes Hand-in-Hand.
READ MORE: Pak Suzuki Motors posts hefty loss of Rs2.5 billion in third quarter
The company launched the motorcycle with the official colors of red, black and blue.
The features of the bike include 125cc single cylinder, 4 stroke air cooled engine. 7.8kw/9000 rpm max power. 9.2Nm torque at 7000 rpm. The bike has the option of Self Start. There are 5-speed constant mesh transmission.
The bike has 2.75-18 tubeless front tyre and 90/90-18 tubeless rear tyre. Hydraulic disc front brake and internal expanding drum rear brake. The bike also has a spring hydraulic damping front suspension and spring hydraulic damping rear suspension.
The bike has wheels with overall length of 1990mm, width of 755mm, height of 1075mm, wheel base of 1270mm and ground clearance of 167mm.
The height of the seat of bike is 770mm with kerb mass of 126 kilograms and a fuel tank with huge capacity of 14.2 liters.
READ MORE: Suzuki Pakistan announces plant shutdown on inventory shortage
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Pak Suzuki Motors posts hefty loss of Rs2.5 billion in third quarter
Pak Suzuki Motors Company Limited (PSMC) on Wednesday declared massive loss of Rs2.5 billion for third quarter (July – September) 2022.
According to financial results submitted to Pakistan Stock Exchange (PSX), the company announced its third quarter of current year results where it posted loss after tax of Rs2.5 billion compared with profit of Rs443 million in the second quarter. The loss per share of the company came at Rs30.2 as compared with earnings per share Rs5.4 during the period under review.
The cumulative loss for nine months of current year (January – September 2022) to Rs2.5 billion with loss per share of Rs30.5/-.
Analysts at AKD Securities Limited said that earnings for the quarter are well below industry expectations due to finance costs going through the roof, clocking in at Rs4.8 billion for the quarter.
Revenue for the quarter has decreased by 54 per cent quarter on quarter (QoQ) to reach Rs29.8 billion, while also down by 41 per cent year on year (YoY).
The gross margin in third quarter of the current year clocked in at 5.2 per cent in contrast to the 4.4 per cent in the second quarter of the year. Despite significant currency depreciation, the company has hiked its prices in accordance, with the revised prices of June effective on some of the cars delivered, the analysts added.
They further said that finance costs have beaten expectations by a mile. With the Rs4.8 billion consisting of hefty compensation on late deliveries, likely north of Rs3 billion. The rest of the distance consists of exchange losses due to the revaluation of foreign trade creditors.
The company has sustained its strong other income in the quarter, clocking in at Rs1.1 billion owing to strong income from cash balance. The amount is significantly lower than the estimates, primary due to cash balance being diminished by the hefty payments on late deliveries.
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Suzuki Pakistan announces plant shutdown on inventory shortage
KARACHI: Pak Suzuki Motor Company Limited on Thursday announced a temporary plant shutdown due to shortage of inventory after conditions imposed by the central bank.
In a communication sent to Pakistan Stock Exchange (PSX), the company stated that the State Bank of Pakistan (SBP) had introduced a mechanism for prior approval for importer under HS Code 8703 category, including CKDs through a circular No. 09 issued on May 20, 2022.
READ MORE: Suzuki Motors extends plant shutdown in Pakistan
“Restriction had adversely impacted clearance of import consignment which resultantly affected the inventory levels,” it added.
Therefore, due to shortage of inventor level, the management of the company has decided to shut down automobile plant for period extending from October 24, 2022 to October 26, 2022. “However, motorcycle plant will remain operative,” it said.
READ MORE: Suzuki Motor Pakistan continues plant shutdown
The company for the last several months is making similar announcement due to shortage of inventory and raw material for the locally manufactured cars.
READ MORE: Suzuki Motor announces further plant shutdown in Pakistan
According to latest data of locally assembled car sales, Pak Suzuki witnessed sharp decline during the first quarter (July – September) of fiscal year 2022/2023. The car sales of Pakistan Suzuki fell to 16,639 units during the first quarter of the current fiscal year as compared with 38,431 units in the same quarter of the last fiscal year.
READ MORE: New prices of Suzuki cars in Pakistan from August 16, 2022
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PSMC offers free WagonR registration amid sales slump
KARACHI: Pak Suzuki Motor Company (PSMC) has announced free registration on booking of all variants of Suzuki WagonR for the limited time offer only.
The decision has come after significant decline of motor vehicles recorded in the first two months of the current fiscal year.
The company stated that the offer is valid on all WagonR variants across Suzuki’s Authorised Dealerships.
According to recent report, the volumetric sales of Pak Suzuki plunged by 41 per cent to its 27-month low to clocked in at 3.9k units in August 2022, wherein Ravi sales fell by 72 per cent, followed by Alto and Cultus, which are down by 50 per cent and 38 per cent, respectively.
READ MORE: Suzuki Motor announces further plant shutdown in Pakistan
The slump in sales has been witnessed due to restriction imposed by the State Bank of Pakistan (SBP) on import of Completely Knocked Down (CKD) unit. The import of CKD is subject to prior approval of the SBP.
In this regard, the company announced on September 07, 2022 further plant shut down due to shortage of raw material following restriction imposed by the central bank.
The company in a communication sent to Pakistan Stock Exchange (PSX) on September 06, 2022, stated that the State Bank of Pakistan (SBP) had introduced a mechanism for prior approval for import under HS Code 8703 category including CKD through a circular No. 09 of 2022 dated May 2022.
Restriction had adversely impacted clearance of import consignment which resultantly affected the inventory levels, the company added.
READ MORE: New prices of Suzuki cars in Pakistan from August 16, 2022
Therefore, due to shortage of inventory level, the management of the company has decided to shut down period of automobile plant till September 09, 2022.
According to details of WagonR, on which the company granted free registration, are:
The car has a naturally aspired 998cc three-cylinder petrol engine that sends 67 horsepower (hp) and 90 Newton-meters (Nm) of torque to the front wheels through a five-speed manual or an AGS automatic transmission, depending on the variant.
Some of the basic features include dual airbags, AC, power windows (VXL and AGS only), immobilizer, central locking, power steering and child locks.
READ MORE: Pakistan car sales plummet by 50% on import restriction
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Suzuki Motor announces further plant shutdown in Pakistan
KARACHI: Pak Suzuki Motor Company Limited has announced further plant shut down due to shortage of raw material following restriction imposed by the central bank.
The company in a communication sent to Pakistan Stock Exchange (PSX) on September 06, 2022, stated that the State Bank of Pakistan (SBP) had introduced a mechanism for prior approval for import under HS Code 8703 category including CKD through a circular No. 09 of 2022 dated May 2022.
READ MORE: Suzuki Motor Pakistan continues plant shutdown
Restriction had adversely impacted clearance of import consignment which resultantly affected the inventory levels, the company added.
Therefore, due to shortage of inventory level, the management of the company has decided to shut down period of automobile plant till September 09, 2022.
“However, due to continued shortage of CKD raw material, management decided to extend the shutdown of automobile plant from September 12, 2022 to September 16, 2022,” the company said, added that the motorcycle plant will remain operative.
READ MORE: Suzuki Motors extends plant shutdown in Pakistan
“Further, in lieu of periodic maintenance, the automobile plant will also be shut down from September 19, 2022 to September 23, 2022. However, motorcycle plant will remain operative,” it added.
Pak Suzuki Motor Company Limited is facing severe shortage of raw material for the past couple of months. Previously, the company announced a temporary shutdown of its production plant due restriction on imports imposed by the government.
READ MORE: New prices of Suzuki cars in Pakistan from August 16, 2022
It stated that State Bank of Pakistan (SBP) had introduced a mechanism for prior approval for import under HS Code 8703 category (including CKDs) vide Circular No. 09 of 2022 dated May 20, 2022. “Restriction had adversely impacted clearance of import consignment which resultantly affected the inventory levels,” it added.
READ MORE: Suzuki Motors warns plant shutdown in Pakistan
The company further stated that due to shortage of inventory level, the senior management of the company had decided to temporarily shut down its production plant of automobile products from August 18, 2022 to August 19, 2022.
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Suzuki Motor Pakistan continues plant shutdown
KARACHI: Pak Suzuki Motor Company Limited on Monday announced a further extension in plant shutdown due to shortage of inventory.
“Due to shortage of inventory level, the management of the company has decided to further extend the shutdown period of automobile plant from August 29, 2022 to August 31, 2022,” the company said in a communication sent to Pakistan Stock Exchange (PSX).
READ MORE: Suzuki Motors extends plant shutdown in Pakistan
However, motorcycle plant will remain operative, it said, adding that further update, if any, in this regard will be communicated accordingly.
Pak Suzuki Motors Co. Ltd. in a communication sent to Pakistan Stock Exchange (PSX), stated that the State Bank of Pakistan (SBP) had introduced a mechanism for prior approval for import under HS Code 8703 category (including CKD) vide circular No. 09 of 2022 dated May 20, 2022.
READ MORE: New prices of Suzuki cars in Pakistan from August 16, 2022
Previously, due to shortage of inventory level, the management of the company has decided to further extend the shutdown period of automobile plant from August 22, 2022 to August 26, 2022.
The company also shut down the plant due to shortage of inventory level from August 18, 2022 to August 19, 2022.
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Suzuki Pakistan organizes exhibition for used cars
KARACHI: Suzuki Pakistan is organizing an exhibition in Karachi known as Certified Used Car Gala on August 28, 2022 at the Expo Centre.
The event offers cars certified by professional, affordable prices, no additional charges, three free services, secure transaction, transparent deal, and up to 1-year warranty.
READ MORE: Suzuki Motors extends plant shutdown in Pakistan
Suzuki Motors announced new rates of its cars in Pakistan, which are applicable from August 16, 2022.
According to Suzuki Ittehad Motors following are the new showroom prices of Suzuki cars in Pakistan.
Following are the new rates of Suzuki vehicles:
1. Suzuki Swift GLX CVT, the decreased price is Rs3,760,000.
2. Suzuki Swift GL CVT, the decreased price is Rs3,420,000.
3. Suzuki Swift GL M/T, the decreased price is Rs3,180,000.
READ MORE: Suzuki Motors warns plant shutdown in Pakistan
4. Suzuki Alto VXL, the decreased price is Rs2,223,000.
5. Suzuki Alto VXD, the decreased price is Rs1,976,000.
6. Suzuki Alto VX, the decreased price is Rs1,699,000.
7. Suzuki Wagon-R VXL, the decreased price is Rs2,564,000.
8. Suzuki Wagon-R AGS, the decreased price is Rs2.802,000.
READ MORE: Indus Motors rebuts plant shutdown reports
9. Suzuki Wagon-R VXR, the decreased price is Rs2,421,000.
10. Suzuki Bolan Van, the decreased price is Rs1,500,000.
11. Suzuki Bolan Cargo, the decreased price is Rs1,487,000.
12. Suzuki Ravi Euro II, the decreased price is Rs1,424,000.
13. Suzuki Ravi W/O Deck, the decreased price is Rs1,349,000.
READ MORE: Prices of KIA Motors raised up to 19.3% amid rupee devaluation
14. Suzuki Cultus VXL, the decreased price is Rs3,024,000.
15. Suzuki Cultus AGS, the decreased price is Rs3,234,000.
16. Suzuki Cultus VXR, the decreased price is Rs2,754,000.
17. Suzuki Jimny MT, the decreased price is Rs6,049,000.