{"id":4061,"date":"2023-03-06T14:31:14","date_gmt":"2023-03-06T14:31:14","guid":{"rendered":"https:\/\/www.newsmakers.com.pk\/en\/?p=4061"},"modified":"2023-03-06T14:31:16","modified_gmt":"2023-03-06T14:31:16","slug":"suzuki-sales-go-record-low-in-pakistan-due-to-production-issues","status":"publish","type":"post","link":"https:\/\/www.newsmakers.com.pk\/en\/business\/suzuki-sales-go-record-low-in-pakistan-due-to-production-issues\/4061\/","title":{"rendered":"Suzuki Sales Go Record Low In Pakistan Due to Production Issues"},"content":{"rendered":"\n

Web Desk — Pak Suzuki Motor Company\u2019s (PSMC), sales have hit a record low due to insufficient inventory and import restrictions for the second time this year.<\/p>\n\n\n\n

According to the latest updates gathered from the auto market, Pak Suzuki sold fewer than 1,000 units in February. This is Suzuki’s worst performance since countrywide COVID-19 lockdowns in April 2020.<\/p>\n\n\n\n

The report of an auto journal has cited repeated production shutdowns and the unavailability of completely knocked down (CKD) kits as the reason for the sales decline. The automakers have also held the State Bank responsible for its reluctance to approve letters of credit (LCs) for the clearance of imported goods.<\/p>\n\n\n\n

In January 2023, Pak Suzuki sold 2,940 cars, showing a massive decline of 74% in monthly sales. The huge decline was mainly because of the poor sales of Suzuki Alto, which went down from 6,898 units in December 2022 to just 44 in January 2023.<\/p>\n\n\n\n

Suzuki Swift Price Revision
<\/strong>On the other hand, the recent increase in general sales tax and taxes on luxury items, Pak Suzuki Motor Company has increased the prices once again. So, here are the details regarding the revised Suzuki Swift prices in February 2023.<\/p>\n\n\n\n

Model Old Prices New Price Difference
Swift GL M\/T 3,807,000 4,052,000 245,000
Swift GL CVT 4,092,000 4,355,000 263,000
Suzuki Swift GLX CVT 4,462,000 4,725,000 263,000<\/p>\n\n\n\n

The revised price for Suzuki Swift 2023 for all three trim levels:<\/p>\n\n\n\n

Suzuki Swift GL M\/T\u2019s new price is PKR 4,052,000. Swift GL CVT price in Pakistan is PKR 4,355,000 and Suzuki Swift GLX CVT price is PKR 4,725,000.<\/p>\n","protected":false},"excerpt":{"rendered":"

Web Desk — Pak Suzuki Motor Company\u2019s (PSMC), sales have hit a record low due to insufficient inventory and import restrictions for the second time this year. According to the latest updates gathered from the auto market, Pak Suzuki sold fewer than 1,000 units in February. This is Suzuki’s worst performance since countrywide COVID-19 lockdowns …<\/p>\n","protected":false},"author":1,"featured_media":4062,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[],"class_list":["post-4061","post","type-post","status-publish","format-standard","has-post-thumbnail","","category-business"],"yoast_head":"\nSuzuki Sales Go Record Low In Pakistan Due to Production Issues<\/title>\n<meta name=\"description\" content=\"Pak Suzuki Motor Company\u2019s (PSMC), sales have hit a record low due to insufficient inventory and import restrictions.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.newsmakers.com.pk\/en\/business\/suzuki-sales-go-record-low-in-pakistan-due-to-production-issues\/4061\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta 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