Lucky Motor Corporation (LMC) has officially increased the price of its popular compact hatchback, the Kia Picanto Automatic, in Pakistan. The new pricing came into effect on May 1, 2025.
- Old Price: ₨ 3,850,000
- New Price: ₨ 3,940,000
- Increase: ₨ 90,000
This price hike applies to all orders placed on or after May 1. However, customers who had completed full payment before April 30, 2025, will still receive the car at the previous price.
Why the Increase?
LMC attributes the price revision to rising production costs, a weakened currency, and higher import duties affecting the automobile industry.
Market Impact:
The price adjustment may influence other compact and hatchback car segments in Pakistan. Automotive analysts suggest buyers should compare specifications, fuel economy, and after-sales services before making a purchase decision.
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