Thursday, October 1, 2020  | 12 Safar, 1442
Samaa TV
Facebook Twitter Youtube
HOME > Money

Suzuki increases Bolan and Ravi prices by Rs35,000

SAMAA | - Posted: Aug 10, 2020 | Last Updated: 2 months ago
SAMAA |
Posted: Aug 10, 2020 | Last Updated: 2 months ago
Suzuki increases Bolan and Ravi prices by Rs35,000

Pak Suzuki has raised its Bolan carry and Ravi pickup prices by Rs35,000.

Following the new hike, the Ravi pickup’s price has crossed Rs1 million and it will now be selling at Rs1,034,000. The price increase is applicable from August 10.

Meanwhile, the two variants of Bolan passenger and cargo vans will now cost Rs1,134,000 and Rs1,075,000 respectively.

“Suzuki is posting losses since the last six quarters and it is expected that the company will post the biggest loss in the seventh consecutive quarter that ended in June 2020,” JS Global Capital’s Senior Research Analyst Ahmed Lakhani said.

“A reason for increasing prices at this point could be that these products are simply not feasible at the current price levels, given the current Pakistan rupee versus US dollar scenario.”

The Bolan is based on the ST90V version of the seventh generation Suzuki Carry, which was introduced in 1979. The Ravi is its pickup version. 

The stock price of Pak Suzuki fell from Rs264.83 to Rs256 by the time this story was filed on Monday.

FaceBook WhatsApp
 
HOME  
 
 
RELATED STORIES

Tell us what you think:

Your email address will not be published.

FaceBook WhatsApp
 

 
 
Suzuki increases Bolan and Ravi prices by Rs35,000, suzuki bolan, suzuki ravi
 

Monthly Salary

Monthly Tax

Monthly Salary After Tax

Annual Salary

Annual Tax

Annual Salary After Tax


MOST READ
MOST READ
 
 
 
 
 
About Us   |   Anchor Profiles   |   Online Advertising   |   Contact Us   |   Feedback   |   Apps   |   FAQs   |   Authors   |   Comment Policy
Facebook   |   Twitter   |   Instagram   |   YouTube   |   WhatsApp