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Lucky Motor Corporation increases Kia car prices by up to Rs4 lakh

Lucky Motor Corporation Limited (LMCL) has implemented price increases across all Kia car models, with the exception of Picanto Manual, Stonic EX, and Carnival. The company has not provided a specific justification for this price surge.

It is worth noting that, in contrast to the previous price adjustment, the company has also raised the price of the Picanto. As of July 5, the revised prices for the various models are outlined in the following table:

Model	Old price (Rs)	New price (Rs)	Hike (Rs)
Picanto Automatic	3,625,000	3,825,000	200,000
Stonic EX+	5,930,000	6,050,000	120,000
Sportage Alpha	7,050,000	7,300,000	250,000
Sportage FWD	7,940,000	8,190,000	250,000
Sportage AWD	8,570,000	8,820,000	250,000
Sportage Black Edition	9,050,000	9,300,000	250,000
Sorento FWD	10,400,000	10,800,000	400,000
Sorento AWD	11,300,000	11,700,000	400,000
Sorento V6	11,390,000	11,790,000	400,000

Previously, the company held a notable market share and was mentioned alongside Pakistan’s leading car manufacturers until mid-2022. However, currently, Kia’s car sales have dwindled to merely a few hundred units.

Although there was a slight increase in sales for the company last month, it was not substantial enough to make a significant impact. Given the prevailing circumstances, it is understandable that all automakers in Pakistan are focused on survival.

Lucky Motor Corporation increases Kia car prices by up to Rs4 lakh

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