Lucky Motor Corporation (LMC), the assembler of KIA vehicles in Pakistan, has announced significant price cuts across its range.
The Kia Stonic EX+ model shows a dramatic reduction, with a price drop of Rs 1,513,000. It was previously available for Rs 6,280,000 but is now priced at Rs 4,767,000.
The Kia Sportage series has also seen price reductions. Since March 2024, KIA has been lowering prices on several Sportage variants. The Sportage Alpha, for example, is now priced at Rs 7,300,000.
Additionally, the Sportage FWD has been reduced to Rs 7,740,000. Similarly, the Sportage AWD and the Sportage Black Edition have each seen price cuts and are now retailing at Rs 8,470,000 and Rs 9,000,000, respectively.
This pricing strategy aligns with current trends of heightened industry competition and shifting consumer preferences.