Suzuki Alto Price Could Drop by Rs 355,000 Under Pakistan’s Proposed Auto Policy
· By imran
Pakistan's proposed Automotive and Auto Parts Policy 2026–31 may bring welcome news for car buyers, as the Suzuki Alto could see a significant price reduction if the new tax structure is implemented. The policy aims to revise taxation for both conventional vehicles and new energy vehicles, potentially reshaping the country's auto market.
Prime Minister Shehbaz Sharif approved the final draft of the policy on Tuesday after months of consultations with stakeholders. Before the policy can become law, the government will submit the draft to the International Monetary Fund (IMF) for approval. Following that, it must secure clearance from the federal cabinet and then introduce legislation in parliament.
What the Proposed Policy Includes
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Under the draft policy, customs duty on conventional internal combustion engine (ICE) cars and SUVs is set to drop to 15% by 2031, with no additional or regulatory duties applied. The proposal also introduces an ICE levy ranging from 2% to 10%, designed to encourage automobile manufacturers to boost their exports.
Potential Impact on Suzuki Alto Pricing
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According to estimates published in the draft, the price of the Suzuki Alto could fall from Rs3.2 million to approximately Rs2.845 million in the first fiscal year of the proposed policy. That would represent an estimated reduction of Rs355,000.
It is important to note that this projected price cut is an estimate based on the potential impact of the proposed tax changes. Neither the government nor the automaker has officially announced it.
The policy still requires approval from the IMF and the federal cabinet. As a result, its final provisions—and their actual effect on vehicle prices—may change before implementation
