Temporary price cuts across Sportage L variants aim to revitalize auto sales amid economic challenges
Key Takeaways
1. Major Discounts: Sportage L HEV sees the largest reduction (Rs1.85M), making hybrid SUVs more accessible.
2. Market Strategy: Temporary price cuts target inventory clearance and sales revival amid economic headwinds.
3. Consumer Impact: Enhanced affordability may attract middle- to upper-income buyers seeking premium vehicles.
Karachi, Pakistan – Kia has announced significant price reductions of up to Rs1.85 million on its Sportage L lineup in Pakistan, effective May 1, 2025, in a bid to enhance accessibility to its premium SUVs. The move comes as the auto industry grapples with rising production costs and subdued consumer demand.
The hybrid Sportage L HEV now starts at Rs10.999 million (down Rs1.851 million), the Sportage L FWD at Rs9.999 million (reduced by Rs1.826 million), and the base variant, Sportage L Alpha, at Rs8.499 million (cut by Rs1 million). Kia described the discounts as temporary, emphasizing its commitment to delivering “premium vehicles with outstanding design, performance, and safety” at competitive prices.
The price revision follows months of stagnant auto sales linked to high interest rates and inflationary pressures. Industry analysts suggest the cuts could stimulate short-term demand but caution that long-term recovery hinges on broader economic stability.