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Suzuki hikes price of variants amid devaluation of rupee

Dunya News

Suzuki has cited devaluation of rupee as main reason.

(Web desk)- Suzuki Pakistan has increased the price of its various vehicles with Honda to follow soon.

According to details, the increase in price is due to the devaluation of rupee—in simple terms not all parts of the cars are manufactured locally, so the automakers are forced to import parts from foreign vendors, which due to the devaluation of rupee have now become expensive.

Moreover, Pak Suzuki is also getting ready to lock horns with foreign automakers who are all set to enter the local market this year. The company in this regard has also introduced five vehicles in the previous year including two new bikes to attract the local consumers.