KARACHI: Lucky Motor Corporation Ltd (LMCL) has increased the prices of various vehicles by Rs50,000-500,000 effective from April 1.

The company did not give any reason for price in its circular to its authorized dealers. The new rate of Picanto MT and AT will be Rs3.350 million and Rs3.625m as compared to Rs3.300m and Rs3.550m.

The price of Stonic EX and Stonic EX plus have been increased to Rs5.350m and Rs 5.930m from Rs5.200m and Rs5.730m. Sportage FWD and AWD models will carry new rates of Rs7.940m and Rs8.570m as compared to Rs7.790m and Rs8.370m.

Sorento 2.4L FWD price has been enhanced to Rs 10.040m from Rs 9.540m while Sorento 2.4L AWD and FWD prices have been raised to Rs 10.890m from Rs 10.390m.

Published in Dawn, March 26th, 2023