Lucky Motor Corporation (LMC) - the assembler of KIA vehicles in Pakistan - announced significant price reductions across its line-up.

The most notable adjustment comes with the Kia Stonic EX+ model, which sees a staggering decrease of up to Rs 1,513,000. Previously priced at Rs 6,280,000, the Stonic EX+ is now available at Rs 4,767,000, offering potential buyers substantial savings.

Similarly, the iconic Kia Sportage series also witnesses a considerable slash in prices. In March 2024, KIA initiated a downward trend, reducing the cost of various Sportage variants. The Sportage Alpha, for instance, now retails at Rs 7,300,000, down from Rs 7,550,000, marking a noteworthy reduction of Rs 250,000.

Moreover, the Sportage FWD sees a drop to Rs 7,740,000 from its previous price of Rs 8,040,000, constituting a significant Rs 300,000 decrease. Meanwhile, the Sportage AWD and the Sportage Black Edition follow suit with reductions of Rs 300,000 each, now priced at Rs 8,470,000 and Rs 9,000,000, respectively.

The move comes at a time when the industry is witnessing heightened competition and evolving consumer preferences.

Lucky Motor Corporation (LMC) - the assembler of KIA vehicles in Pakistan - announced significant price reductions across its line-up.

The move comes at a time when the industry is witnessing heightened competition and evolving consumer preferences.