Last year saw a notable surge in local market prices, but this year, a different trend emerged, fueled by decreased sales, rising inflation, and notably high prices. Just yesterday, Kia Lucky Motors drastically reduced the price of its Stonic Ex+ model by an impressive Rs. 1,500,000. In a similar move, Peugeot Pakistan, a subsidiary of Lucky Motors Corporation (LMC), has also announced a significant price cut for its sole model available in Pakistan, the Peugeot 2008.
This marks the second price reduction within two months, following a previous drop in March of Rs. 100,000.
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Peugeot 2008: A Fresh Price Perspective
The new prices for the Peugeot 2008 Active variant have seen a decrease of Rs. 350,000, now priced at Rs. 6,600,000 compared to the previous Rs. 6,950,000. Meanwhile, the Allure variant observes a reduction of Rs. 450,000, with the new price set at Rs. 7,250,000, down from Rs. 7,700,000.
New Conditions
All orders invoiced from April 29, 2024, will reflect revised ex-factory prices. Additionally, new orders booked in the LMC system from the same date will be delivered at these updated prices. Ex-factory prices exclude freight and insurance charges. Any new or additional government-imposed duties and taxes applicable at the time of delivery will be the responsibility of the customer.
Read more: Automakers’ Price Cuts Spark Debate Amidst Slowing Demand in Pakistan
Introducing the New Price for Stonic EX+
Lucky Motors Corporation (LMC) in Pakistan, celebrating five years of CKD operations, has introduced this bold change. The updated price now sits at a tempting Rs. 4,767,000, down from the previous Rs. 6,280,000. This significant decrease is sure to excite potential buyers and revitalize the automotive market.
With these bold price adjustments and updated terms, Lucky Motors Corporation is not only setting new standards but also ensuring transparency and affordability for its customers. As the automotive market witnesses these dynamic changes, buyers can look forward to seizing the opportunity and driving away with exceptional value and peace of mind.