LAHORE – The Lucky Motor Corporation (LMC) has announced a cut in the prices of Kia vehicles as rupee made significant recovery against the US dollar.
The auto-assembler in a statement said that the prices of various cars have been reduced by up to Rs500,000.
The price of Sorento variants’ – 3.5L FWD, 2.4L AWD, and 2.4FWD – prices have been reduced by Rs500,000 each.
People who will made full payment will be able to take benefit of reduction in car prices.
Following are the revised prices:
| Model | Old Price | New Price | Difference |
| Picanto AT | 3,950,000 | 3,850,000 | -100,000 |
| Sportage FWD | 8,190,000 | 8,040,000 | -150,000 |
| Sportage AWD | 8,920,000 | 8,770,000 | -150,000 |
| Sportage Black Limited Edition | 9,650,000 | 9,300,000 | -350,000 |
| Sorento 2.4L FWD | 10,800,000 | 10,300,000 | -500,000 |
| Sorento 2.4L AWD | 11,700,000 | 11,200,000 | -500,000 |
| Sorento 3.5L FWD | 11,790,000 | 11,290,000 | -500,000 |
The new prices will come into effect from today, October 6, 2023.
The company said that “new/additional duties and taxes, if any, imposed by the government and applicable at the time of delivery will be borne by the customer.”
