Business

Kia Increases Price of Picanto Automatic Variant in Pakistan by Rs. 90,000

Karachi, Pakistan – May 1, 2025:** Korean car manufacturer **Kia** has announced a price hike for its **Picanto Automatic (AT) variant** in Pakistan, increasing the ex-factory price by **Rs. 90,000**, effective **May 1, 2025**.

According to an official notification issued to customers, the new ex-factory price of the Picanto AT has been revised from **Rs. 3,850,000** to **Rs. 3,940,000**. The company has clarified that **customers who made full payment and had their orders processed by April 30, 2025, will still be charged the old price**.

However, any **new bookings made on or after May 1** will be subject to the **increased price**. It’s important to note that the **revised price excludes freight and insurance charges**, and any **additional government taxes or duties imposed at the time of delivery will be borne by the buyer**.

This price adjustment comes amid rising inflation, currency depreciation, and global supply chain pressures — factors that continue to impact the local automotive industry.

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