Pak Suzuki Motor Company (PSMC) raised the price by 6.3%, citing high sales tax on locally assembled vehicles as one of the main reasons. The government recently increased the sales tax from 18% to 25% for vehicles priced above Rs4 million.
This is the second time Pak Suzuki has increased the price of the Swift GLX CVT in a month. On March 1, they raised it by Rs85,000 due to inflation and rising raw material prices.
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The price of the Swift GLX CVT model in Pakistan has gone up again, marking the second increase in a month. Now, it costs Rs5.429 million, which is Rs304,000 more than its previous price of Rs5.125 million.
