Pak Suzuki Unveils Enticing Installment Plan for Consumers

In a bid to ignite sales amidst challenging times, Pak Suzuki has unveiled an enticing installment plan that could save customers up to Rs. 800,000.

Teaming up with Habib Metro Auto Finance, the installment plan offer aims to make Pak Suzuki cars more accessible than ever before.

Under this partnership, customers can drive away in a brand-new Suzuki without draining their savings.

With the installment plan, individuals have the opportunity to pocket substantial savings while enjoying fixed interest rates as low as 18%.

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But wait, there’s more! Pak Suzuki is also rolling out a series of purchase and exchange bonus offers on popular models like Alto, Wagon R, and Swift.

These initiatives are geared towards injecting sustainability into the company’s sales and profitability, navigating through the industry’s challenges.

However, this announcement comes amidst Pakistan Suzuki Motors Company (PSMC) reporting a significant loss.

The automotive sector in Pakistan is grappling with declining sales, production disruptions, and high taxation, with PSMC bearing the brunt of these challenges.

The company reported a staggering loss of Rs. 10.07 billion in 2023, primarily due to a sharp decline in sales and elevated taxation levels.

Despite these obstacles, Pak Suzuki has shown resilience.

While facing a nearly 50% drop in net sales revenue to Rs. 102.11 billion, the company managed to improve its gross profit to Rs. 17.27 billion.

This reflects a notable uptick in profit margin to 16.91%, a significant improvement from the previous year.