Automobile prices surge after budgetary levies

KARACHI: Following the imposition of a carbon levy and an increase in sales tax under the federal budget 2025-26, several automobile assemblers have begun passing the impact on to consumers from July 1, while others are either absorbing the additional cost or delaying price revisions until after Ashura.

An official at MG Pakistan stated the company would absorb the price hike despite the new levy. The assembler of Haval vehicles has also decided to maintain prices at previous levels.