Watching other companies increasing their car prices, KIA Lucky Motors couldn’t resist and increased the price of its 7-seater MPV – Grand Carnival – by upto Rs.500,000. The car has now crossed the one crore threshold with an ex-factory price tag of Rs.10,499,000.
Below is the price increase for the KIA Grand Carnival in Pakistan w.e.f. 4th April 2022.
|Model||New Price (Rs)||Old Price (Rs)||Price Comparison (Rs)|
|KIA Grand Carnival GLS+||10,499,000||9,999,000||500,000|
Much like every other car manufacturer, KIA states that the price increase is due to Rupee devaluation and an increase in sea freight. For that reason, the company is forced to increase the price. It is worth reminding our readers that KIA only recently increased the prices of its hottest-selling models in Pakistan.
Read more: KIA Increased its Car Prices in Pakistan
KIA suspended bookings of Picanto, Sportage, and CKD Stonic
In related news, KIA has suspended the bookings of Picanto, Sportage, and CKD Stonic until further notice. KIA hasn’t provided any reason for this. However, those who have already booked these cars will be entertained by the company.
The company is still taking bookings for CBU units of Stonic, Sorento, and Grand Carnival. Only the bookings for CKD units are suspended by KIA LMC, the reason for which is unknown.
This recent development will affect many potential customers. There may be many possible reasons for booking suspensions, one of which could be potential price increase.
Do you think KIA is planning to further increase the price of its cars in Pakistan?