As the value of the rupee appreciates against the dollar, Pak Suzuki Motor Company has decided to reduce prices ranging from Rs75,000 to Rs199,000. “Pak Suzuki has reduced prices,” Head of Public Relations of the company, Shafiq Ahmed Shaikh, confirmed. AL Habib Capital Markets auto analyst Asad Ali said “following Toyota, Pak Suzuki Motor Company (PSMC) has also reduced its car prices by 5% to pass on the benefit of rupee appreciation against the dollar. Ravi and Bolan, the four-decade-old vehicles for the middle class, have seen their prices reduced by Rs75,000 and Rs79,000 respectively. “PSMC has reduced car prices after the appreciation of rupee but the price decrease is not equivalent to the earlier increase.
