Suzuki Alto Price Expected to Drop Under New Auto Policy
The Suzuki Alto could become cheaper under Pakistan’s proposed Automotive and Auto Parts Policy 2026–31, which seeks to change the … Read More The post Suzuki Alto Price Expected to Drop Under New Auto Policy appeared first on ProPakistani .
The Suzuki Alto may see a price reduction under Pakistan's new Automotive and Auto Parts Policy 2026–31, according to estimates by The Express Tribune. The proposed policy, which aims to modify tax structures for both conventional and new energy vehicles, is set to undergo final approval by the International Monetary Fund (IMF) and federal cabinet before being introduced in parliament.
Currently, conventional internal combustion engine (ICE) cars and SUVs face a customs duty of 15% in 2031, with no additional or regulatory duties. The draft policy also includes an ICE levy of 2% to 10% to incentivize increased exports from car manufacturers. Based on these estimates, the price of the Suzuki Alto could decrease from Rs.
3.2 million to Rs. 2.845 million in the first fiscal year, resulting in a reduction of Rs. 355,000. However, it is important to note that this projected price is not an officially announced figure and is contingent upon receiving approval from the IMF and federal cabinet.
Written by urgent.news from ProPakistani's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.
