Auto industry is witnessing major downturn as sales plunged amid soaring prices, and record inflation, and the now government slapped additional sales tax, adding woes for buyers and sellers.
The country’s auto industry remains in dire straits for quite some time and with the imposition of additional tax, small cars like Suzuki Cultus are getting more expensive.
With 25 percent sales tax in place, the locally made cars, targeting four-wheelers priced at Rs4000000 or more or those with engines over 1400 cc.
With the new tax in place, Pakistanis will have to pay additional money to get their hands on new car. Vehicles from all major brands including Suzuki, Toyota, and Honda will be coming under the new tax policy.
Suzuki Cultus Expected Price in Pakistan
| Model | Current Price | Expected Price |
| Suzuki Cultus VXL | PKR 4,084,000 | PKR 4,326,000 |
| Suzuki Cultus AGS’ | PKR 4,366,000 | PKR 4,625,000 |
Prices of locally manufactured cars likely to go up as ECC okays 25pc sales tax
