Given a specific time period, perhaps more than any other auto assembler in Pakistan, Kia has most frequently increased the prices of its vehicles. After it, it jacked up Sportage price twice in two days. And now, it has increased the prices again of Stonic, Sportage and Sorento, though this time around it has a genuine excuse – an increase in GST from 18% to 25%.
This price hike is effective immediately (w.e.f. March 8, 2023). Previous price hikes were done on March 1, 2023, February 14 and 24, 2023.
KIA Sportage Price in Pakistan
| Variants | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| Sportage (Alpha) | 6,650,000 | 7,050,000 | 400,000 |
| Sportage (FWD) | 7,350,000 | 7,790,000 | 440,000 |
| Sportage (AWD) | 7,900,000 | 8,370,000 | 470,000 |
KIA Picanto Price in Pakistan
Check out the latest KIA Picanto price in Pakistan.
| Variants | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| Picanto (MT) | 3,228,000 | 3,300,000 | 72,000 |
| Picanto (AT) | 3,430,000 | 3,550,000 | 120,000 |
KIA Stonic Price in Pakistan
Let’s see the latest KIA Stonic price in Pakistan.
| Variants | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| Stonic (EX) | 4,900,000 | 5,200,000 | 300,000 |
| Stonic (EX+) | 5,400,000 | 5,730,000 | 330,000 |
KIA Sorento Price in Pakistan
The following are the latest KIA Sorento prices in Pakistan.
| Variants | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| Sorento 2.4L FWD | 9,000,000 | 9,540,000 | 540,000 |
| Sorento 2.4L AWD | 9,800,000 | 10,390,000 | 590,000 |
| Sorento 3.5L | 9,800,000 | 10,390,000 | 590,000 |
KIA Grand Carnival Price in Pakistan
Check out the latest KIA Grand Carnival price in Pakistan.
| Variants | Old Price (PKR) | New Price (PKR) | Difference (PKR) |
| Grand Carnival GLS+ | 15,129,000 | 15,650,000 | 521,000 |
Conclusion
These are not good signs for the automobile industry. Some companies had to stop the production of vehicles in Pakistan due to the Letter of Credit issue. The increased dollar rate had forced them to increase the prices of their vehicles. Now, increased GST has forced them to raise the prices again. It will impact their sales as people are more likely to buy used KIA cars instead of new ones.
We can expect other automobile manufacturers to increase their car prices again as well. Stay tuned for more price updates.
What are your thoughts on this economic crisis? Share with us in the comment section below.
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