Al-Haj FAW has revised the prices of their cars in Pakistan amid depreciating Rupee against the US Dollar. The new prices are applicable with immediate effect with an increase ranging from PKR 80,000 to PKR 100,000 depending on the model and variant.
Furthermore the government in the newly announced Financial Budget 2019-20 has proposed an additional FED on cars with various engine displacements. Once approved from the National Assembly, car prices will see another increase with 2.5% FED imposed on vehicles up to 1000cc engine capacity, 5% FED on vehicles with 1001 to 2000cc engine capacity and 7.5% FED on cars above 2001cc engine displacement.
Other automakers including Toyota, Honda and Suzuki are likely to announce their price revisions in near future.