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KIA Reduces Car Prices Massively After Rupee Appreciation

KIA Reduces Car Prices Massively After Rupee Appreciation

In light of the recent strengthening of the Pakistani rupee in relation to the US dollar, Lucky Motor Corporation (LMC) has made the decision to decrease the prices of Kia vehicles.

In an official statement, LMC has announced a reduction of up to Rs. 500,000 in the pricing of Kia cars.

Specifically, the prices of the Sorento variants, including the 3.5L FWD, 2.4L AWD, and 2.4FWD, have each been lowered by Rs. 500,000 in the most recent price adjustment.

Also Read: Global Oil Prices Drop More Due To Demand Uncertainty

It is essential to note, however, that LMC has implemented these price reductions exclusively for customers who opt for the full payment option.

Below are the updated prices:


Old Price (PKR) New Price (PKR)

Difference (PKR)

Picanto AT

3,950,000 3,850,000


Sportage FWD

8,190,000 8,040,000


Sportage AWD

8,920,000 8,770,000


Sportage Black Limited Edition 9,650,000 9,300,000


Sorento 2.4L FWD

10,800,000 10,300,000 -500,000
Sorento 2.4L AWD 11,700,000 11,200,000


Sorento 3.5L FWD

11,790,000 11,290,000


These revised prices will come into effect starting today, on October 6, 2023.

In their press release, the company also clarified that any new or additional duties and taxes imposed by the government, which are applicable at the time of delivery, will be the responsibility of the customer.