Hyundai Cars Prices Increase March 2023

14 Mar 2023

363 Hyundai

Hyundai Cars Prices Increase March 2023

Hyundai Pakistan has recently announced an increase in car prices due to the recent hike in General Sales Tax (GST) to 25% by the Pakistani government. This price hike has affected all the Hyundai car models available in the market, including those manufactured and sold by Hyundai Nishat, a joint venture between the South Korean automaker Hyundai and Pakistan's Nishat Mills.

This move by the government to increase GST has been met with widespread criticism from the auto industry and consumers alike, as it has significantly impacted the prices of all cars in Pakistan, including local and imported vehicles. The auto industry is already facing multiple challenges, including the shortage of semiconductor chips, inflation, and a weak currency, and the GST hike has further aggravated their problems.

Hyundai Cars New Prices

MODELS	OLD PRICES	NEW PRICES	DIFFERENCE
ELANTRA 1.6	5,849,000	6,199,000	350,000
ELANTRA 2.0	6,349,000	6,730,000	381,000
TUCSON FWD	7,569,000	8,030,000	461,000
TUCSON AWD	8,169,000	8,659,000	490,000
SONATA 2.0	9,129,000	9,679,000	550,000
SONATA 2.5	9,939,000	10,530,000	591,000