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In a surprising turn of events, Kia has slashed the price of its popular model, the Stonic EX+, by a whopping Rs. 1,500,000! This comes hot on the heels of Peugeot 2008’s price drop, signaling a shift in the market amidst economic challenges.

Stonic EX+ New Price

Lucky Motors Corporation (LMC) in Pakistan, marking five years of CKD operations, initiated this bold move. The revised price now stands at an attractive Rs. 4,767,000, down from the previous Rs. 6,280,000. This substantial reduction is set to delight potential buyers and inject fresh momentum into the automotive market.

It is pertinent to mention that the company has retained the prices of other models. Earlier this year in March, LMC reduced the prices of its prominent crossover Kia Sportage. The company didn’t share the reason behind the move.

Kia Sportage New Price

  • The first base variant, Sportage Alpha, has seen the price reduction of Rs. 250,000, taking it to Rs. 7,300,000 from previous Rs. 7,550,000.
  • The second variant, Sportage FWD, will now cost Rs. 300,000, bringing back the rate to Rs. 7,740,000 from Rs. 8,040,000.
  • The Sportage AWD‘s new price is now Rs. 8,470,000 instead of Rs. 8,770,000 as its price is also reduced by Rs. 300,000.
  • The final Sportage Black Edition will now cost Rs. 9,000,000 instead of Rs. 9,300,000 as the company has also reduced its price to Rs. 300,000.

Amidst economic uncertainties, such price adjustments not only reflect market dynamics but also cater to the evolving consumer preferences. As the industry embraces change, customers can anticipate more competitive pricing and enhanced value propositions. With Kia leading the charge, it’s an exciting time for car enthusiasts and budget-conscious buyers alike.

What do you think about the recent price cut in Stonic EX+ price? Do you anticipate another one? Tell us in the comments section.