LMC Announces Second Major Price Cut for KIA Vehicles

Lucky Motor Corporation (LMC) has just unveiled its second significant price reduction for KIA vehicles in less than a month.

In an announcement made on Tuesday, LMC expressed its excitement about introducing a Limited Time Year-End Celebration, featuring price cuts on specific vehicle models. These new prices take effect immediately. Notably, the prices for the Picanto, Stonic, and Sportage models remain unchanged. However, the Sorento and Carnival Executive models have experienced substantial price reductions, amounting to Rs. 2,251,000.

The price of the Sorento 2.4L FWD, when paid in full, has been lowered by Rs. 1,301,000, now totaling Rs. 8,999,000. Additionally, its price on an equal monthly installment plan has been reduced by Rs. 1,601,000.

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Likewise, the KIA Sorento 2.4L AWD model, with both full payment and equal monthly installment options, now costs Rs. 9,24,000 and Rs. 9,44,000, respectively, after a reduction of Rs. 1,951,000 and Rs. 2,251,000.

The Sorento 3.5L FWD model, on full payment and equal monthly installment, has been adjusted to Rs. 9,499,000 and Rs. 9,699,000, respectively, following price reductions of Rs. 1,791,000 and Rs. 2,091,000.

Additionally, the price of the KIA Carnival Executive has been cut by Rs. 1,150,000, now priced at Rs. 16,000,000.

Earlier this month, the prices of the Picanto, Sportage, and Sorento saw a reduction of Rs. 500,000 each. The various Sorento models – 3.5L FWD, 2.4L AWD, and 2.4FWD – each received a price reduction of Rs. 500,000.

The Picanto AT model had its price reduced by Rs. 100,000, and the costs of the Sportage FWD and AWD models were decreased by Rs. 150,000. Likewise, the Sportage Black Limited Edition model experienced a price reduction of Rs. 350,000.