Pakistan auto market was in dire straits as sales dropped, with people expected lowering prices, and Lucky Motor Corporation stunned everyone with a staggering discount of around 24 percent in rates of KIA’s Stonic.
The South Korean automaker stopped bookings for Stonic after a significant price reduction of Rs15lac.
The move was announced amid customers rushing to local showrooms to book their vehicles. In a recent announcement, Lucky Motors said bookings for Stonic have been temporarily suspended.
Kia Stonic bookings were suspended due to a high number of bookings, it has fulfilled its delivery commitment for this particular model until September 2024.
A statement issued by automaker said “All bookings made for deliveries until September will be accepted after a partial payment of Rs2.35 million and further orders will start in October, depending on the market response and the company’s stock position, which will be communicated separately.”
“For the benefit of our valued customers, we would like to emphasize that we will be giving ‘price lock’ on orders booked on full / partial payment up to September deliveries,” the statement said.
It further mentioned that new price is subject to the understanding that any change in the duties, taxes and levies etc., imposed by the Federal / Provincial Governments (the Government) or any additional duties, taxes and levies etc., to be imposed by the Government and applicable at the time of the delivery of the vehicle will be borne by the customer and recoverable from the customer by LMC before the delivery of the vehicle.
KIA Stonic New Price in Pakistan
| Variant | Price (PKR) |
| KIA Stonic EX | 5,350,000 |
| KIA Stonic EX+ | 4,767,000 |
