Kia Motor raises vehicle prices in Karachi, no circular justification.
The automaker thanked its dealers for their assistance and stated that the new prices of KIA vehicles would take effect on May 6, 2023, in its notification.
The KIA Sorento and Carnival minivans and SUVs have seen price increases from Kia. The current price for cars is shown below.
A Rs. 360,000 price increase has resulted in the Sorento 2.4L FWD now costing Rs. 10,400,000 as opposed to Rs. 10,040,000 previously.
Likewise, the Sorento 2.4L AWD was priced at Rs. 10,890,000 a short while ago. It is Rs. 11,300,0000 at the moment. A startling difference of Rs. 410,000 is represented by this.
Last but not least, the cost of the Sorento 3.5L FWD has climbed to Rs. 11,390,000 from Rs. 10,890,000 for the Sorento 2.4L AWD. It has also gone up by Rs. 500,000.
The price of the KIA Grand Carnival Executive has gone up by Rs. 500,000 from its previous price of Rs. 16,250,000.
Following the significant devaluation of the local currency in comparison to the US dollar, several automakers raised the price of cars. In addition to devaluing the rupee, the government imposed steep tariffs on the auto industry, which led to further price increases.
