Pak Suzuki wants No New Vehicle Taxes in the Upcoming Budget

Pak Suzuki Motor has requested Prime Minister Shahbaz Sharif not to impose any new duties and vehicle taxes in the upcoming budget especially on up to 1000cc vehicles.

In a letter sent to Prime Minister, Pak Suzuki Motor Co. Ltd said that it is fighting for survival and therefore the government should not impose any new duties and taxes in the upcoming federal budget, especially on up to 1000cc vehicles, which are the product of the masses.

Pak Suzuki Motor Co. Ltd is the largest manufacturer of passenger cars and light commercial vehicles in Pakistan, having the largest dealership network and local vendor base. Suzuki Car Prices In Pakistan in 2022 | Suzuki New Car Models

Pak Suzuki is also one of the top contributors to the national exchequer.

Here, we would like to bring to your kind notice that Pak Suzuki Motor Company is going through the very worst of times in its history of about 40 years in Pakistan, the company management said adding that the company has already suffered huge losses of 12.9 billion in the first quarter of the current year, due to the current economic uncertainties.

The company is also observing many “No Production Days” every month, throughout the year, it said. Car Prices in Pakistan 2023: Everything You Need to Know

In addition to this, our dealers and vendors also suffering very badly due to the current economic and business situation, as some of them are already closed and many more are on the brink of closure.

As we are fighting for our survival, we request the Government not impose any new duties and taxes in the upcoming federal budget, especially on up to 1000cc vehicles, the product of the masses, the company added.