KIA Stonic EX+ saw a big drop in price as Lucky Motor Corporation (LMC) announced a substantial price cut in its rates.
A notification shared by South Korean company shows around 24 drop in rate of KIA Stonic. The new rate stands at Rs 4,767,000 as compared to Rs 6,280,000.
KIA Stonic Ex+ Latest Price in Pakistan
The drop in rates is effective from April 29, 2024, and is unprecedented in the local market.
The company however cleared that the new price adjustment applies only to Kia Stonic EX+ model, with Kia Sportage, Picanto, with no changes to the prices of other models in its lineup.
This move follows a similar pricing strategy earlier this year when Kia reduced prices for Sportage model in March 2024. The reasons behind these price adjustments remain undisclosed by the company.