KARACHI: Owing to the rupee devaluation and new duties levied by the government, Pak Suzuki Motor Company increased prices of its vehicles, including the outgoing Mehran, ranging from Rs21,000 to Rs329,000. “Due to the recent rupee devaluation and …Read more
Pak Suzuki increases prices of its Mehran Wagon R variants
The move was widely anticipated due to the recent rupee devaluation of Toyota Corolla in Pakistan increased prices of some of its variants by Rs50000-60000 After Pak Suzuki and Indus Motor analysts say Honda Atlas Cars is also expected
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Suzukis double price hike
In January Pakistan Suzuki Motor PSX PSMC wasnt the only one to increase prices of its cars up to Rs20000 Honda and Indus Motors were right there with Suzuki raising prices by 2-4 percent after the rupee devaluation of 5 percent The price
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India Holds Rates as Rupee Drop Risks Fueling Inflation
India left interest rates unchanged after a plunge in the rupee to a record low threatened industries to lure overseas capital and speeding up approvals for infrastructure projects Fitch Ratings revised Indias credit-outlook to stable from negative
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Auto financing shrinks sharply amid rising interest rates
Auto financing declined by Rs9 billion to Rs117bn during the July-December period showing a year-on-year fall of 435pc As per calculation relating to the impact of price hike and interest Offering a different view Pak Suzuki Motor Company Limited
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After Indus and Suzuki Honda also raises car prices
KARACHI Barely a month after the rupee lost value against the US dollar and subsequently other currencies Honda Atlas Cars has raised prices of its cars by up to Rs60000 its vehicles in December while Pak Suzuki took the step on the first day
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The economy and the paradox of thrift
The World Bank the Asian Development Bank ADB and the IMF have downward revised projected growth of the Pakistan economy lower output and higher prices which stagflation entails feed on each other Fall in output drives up prices which in turn
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