And if i play devil's advocate, Kia or for that matter Hyundai are in Pakistan to sell vehicles and make money as well. They are not here to make just pennies on selling their units and do charity. They want a return of investment as soon as they can.
I also think that Suzuki is not that stupid either especially knowing they have to deal with an upcoming model in shape of Picanto. I think people at suzuki has done some homework before they do these price increases. I know they are monopolist but I also fear that our market is till very very small and even after arrival of these new companies, we might not see a real competition and cartal still remain active.
I hope Picanto is rightly priced but my fear tells me that it will not cost less than Cultus. Maybe the introductory price will be low but then they will bump it above Cultus. Yes we all expect more features in Picanto but Kia will never position their Picanto inline with Cultus, they will market it better and obviously expensive.. Time is not far when a Cultus will jump over a 2 Million mark and this also means a Picanto will follow same with slighlty numbers over Cultus.