Pak Suzuki Motor Company Limited (PSX: PSMC) has decided to temporarily lower the pricing of its Swift model cars by up to Rs700,000 in light of the current market realities.
In a letter to approved dealers, the business stated, “We are happy to announce the promotional Retail Sales prices of Suzuki Swift w.e.f May 01, 2024, keeping in mind the current market conditions and dynamics.”
As a result, the Suzuki Swift’s modified promotional retail sales pricing is as follows, with a brief offer.
| Model | Grade | Current Retail Price (PKR) | Revised Retail Price (PKR) | Change % | Change (PKR) |
|---|---|---|---|---|---|
| Swift | GL MT | 4,421,000 | 4,336,000 | -1.9% | -85,000 |
| GL CVT | 4,719,000 | 4,560,000 | -3.4% | -159,000 | |
| GLX CVT | 5,429,000 | 4,719,000 | -13.1% | -710,000 |
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The updated retail prices do not include advance income tax; instead, they include sales tax and FED.
Furthermore is stated that the prices listed above are provincial and are subject to change at any time without notice. The pricing in effect at the time of delivery will be applied.
Customers are responsible for paying any relevant government levies and taxes at the time of delivery.
“Dealers are requested to communicate to all prospects and their sales staff, the booking orders terms, and conditions specifically retail prices applicable at the time of delivery,” the letter continues.