Kia Announces a Massive Price Hike for All Cars

Fortunate Motor Corporation Limited (LMCL) was known for its capacity to keep up with vehicle costs in the beyond two years. Tragically, the devaluation of nearby money and expansion in delivery costs have constrained the automaker to join different organizations in expanding vehicle costs.

According to a new notice, the organization has expanded the costs of all Kia vehicles in Pakistan to be specific Sportage, Stonic, and Picanto. As of now, the new costs are as per the following:

Variants	Old Price (Rs.)	Revised Price (Rs.)	Increase (Rs.)
Picanto M/T	2,600,000	3,100,000	500,000
Picanto A/T	2,700,000	3,200,000	500,000
Sportage Alpha	5,300,000	6,250,000	897,000
Sportage FWD	5,858,000	6,750,000	892,000
Sportage AWD	6,363,000	7,250,000	877,000
Stonic EX	4,425,000	4,545,000	76,000
Stonic EX+	4,725,000	4,848,000	76,000
Sorento 2.4 FWD	6,904,360	7,800,000	895,000
Sorento 2.4 AWD	7,573,990	8,500,000	926,000
Sorento V6 FWD	7,573,990	8,500,000	926,000
Carnival	11,499,000	12,599,000	1,100,000

Inquisitively, the cost climbs for Kia Stonic are minuscule contrasted with those until the end of the arrangement. LMCL has expanded the costs of Kia's top-selling vehicles for the fourth time this year.

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On July 19, the pace of the Pakistani Rupee against the US Dollar remained at Rs. 222, which is probable the justification for this cost increment. Kia has conceivably started one more flood of cost climbs in the auto business, with additional organizations making such troubling declarations, refering to the debasement of the Pakistani Rupee.