Automaker increases vehicle prices

Automaker increases vehicle prices


Karachi: A prominent local automobile manufacturer has announced adjustments to the retail prices of its entire vehicle lineup. These changes, which took effect on July 1st, directly reflect the impact of new taxation policies introduced in Pakistan’s Federal Budget for the fiscal year 2025–26. The revised pricing incorporates both an increased Sales Tax rate and a newly implemented “NEV Levy.”

In a communication dispatched to its authorized dealerships, the company clarified that the updated vehicle prices now encompass “FED, Sales Tax, and NEV Levy,” while notably excluding “Advance Income Tax.” The manufacturer was keen to emphasize that this price increment is solely attributable to the rise in government-mandated taxes.

Model Previous Price (Rs.) New Price (Rs.) Increase (Rs.)
Alto VXR 2,827,000 2,994,861  167,861
Alto VXR AGS 2,989,000 3,166,480 177,480
Alto VXL AGS 3,140,000 3,326,446 186,446
Cultus VXR 4,049,000 4,089,490  40,490
Cultus VXL (Upgraded) 4,316,000 4,359,160 43,160
Cultus AGS (Upgraded) 4,546,000 4,591,460 45,460
Swift GL MT 4,416,000 4,460,160 44,160
Swift GL CVT 4,560,000 4,605,600 45,600
Swift GLX CVT 4,719,000 4,766,190 47,190
Every VX 2,749,000 2,912,230 163,230
Every VXR 2,799,000 2,965,200 166,200
Ravi Pickup 1,956,000 1,975,560 19,560
Ravi W/O Deck 1,881,000 1,899,810  18,810

 

 

They assured the public that no increase stemming from internal production or operational costs has been factored into these revised prices. This transparent approach aims to reassure customers that the adjustments are a direct consequence of changes in the taxation structure, rather than elevated manufacturing or operational expenditures.

 



Courtesy By BOL News

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top