One after another, it is the beginning of yet another price hike wave in the Pakistani Automobile industry. This time, the BAIC BJ 40 Plus Price in Pakistan has increased by up to Rs.7 lacs. This development came after Toyota increased its car prices in Pakistan earlier this month. Let’s see the latest BAIC BJ40 price in Pakistan.
BAIC BJ40 Plus Price in Pakistan 2023
This table has the old and new BAIC BJ40 prices in Pakistan.
|Variant||Old Price (PKR)||New Price (PKR)||Difference (PKR)|
|BAIC BJ40 Plus||9,295,000||9,995,000||700,000 (+7.5%)|
The new price will be effective from 1-Feb-2023. This change will not be applicable on the bookings with full payment till 31-Jan-2023.
Sazgar is assembling this SUV locally. It is an off-road vehicle having a ladder-frame chassis. It has a 2.0L turbocharged engine that produces around 218 hp and 270 N.m torque that is distributed among all wheels. This SUV comes with a 6-speed automatic transmission.
The company has not mentioned any reason but it is understood that the reason is the current economic situation. Increasing the dollar rate means an increase in raw materials prices. Due to this, the companies can’t keep the prices unchanged for a long time.
The signs aren’t good for the Pakistani automobile industry. Companies have started to increase the prices of their cars again this year. Last year, some manufacturers even increased prices 5-6 times. As a result, their sales dropped significantly in year-on-year comparison in the PAMA car sales report. If other automobile companies follow the current trend, then the cars are further going out of the reach of the common man.
What are your thoughts on yet another price hike wave? Share your thoughts in the comment section below.
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