Lucky Motor Corporation (LMC) announced price reductions for its KIA automobiles of up to Rs500,000, citing the strengthening of the rupee versus the US dollar.
In recent times, the Pakistani Rupee (PKR) has exhibited signs of rising versus other currencies, particularly the US Dollar. Due to the favourable currency rate, businesses like Lucky Motor Corp have been able to reevaluate their pricing approach for KIA vehicles in Pakistan.
According to a press release from the business, “due to the recent appreciation of PKR against the USD, we have decided to pass the benefit to our valued customers by reducing the prices of our vehicles.”
Cost Savings: Consumers who have been thinking about buying a KIA vehicle may be able to save money with lower automobile costs.
Access to High-Quality Cars: Thanks to more affordable prices, a larger spectrum of customers may now afford KIA automobiles and take advantage of their high quality and feature-rich design.
Increasing the automobile Sector: The automobile industry, which has recently faced a number of difficulties, is anticipated to be stimulated by the price decrease.
The corporation said that the buyer would be responsible for paying any new or additional taxes and duties that were imposed by the government and applicable at the time of delivery.
Topics #KIA Car Prices #Lucky Motor #Rupee's Appreciation