Lucky Motor Corporation (LMC), the assembler of KIA vehicles in Pakistan, has announced substantial price reductions across its lineup, reflecting a strategic response to evolving market dynamics. The most notable adjustment is seen in the Kia Stonic EX+ model, witnessing a significant 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 considerable savings. Similarly, the iconic Kia Sportage series also experiences notable price cuts, initiated in March 2024. 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.
Additionally, 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. This move aligns with the industry’s response to heightened competition and evolving consumer preferences.
