Close Menu
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
What's Hot

All hail the equity vigilantes

July 5, 2025

Chinese ambassador’s ‘grandstanding’ advice for Australia raises eyebrows

July 5, 2025

South Korea, Japan step up as US targets China’s shipbuilding industry – can they succeed?

July 5, 2025
Facebook X (Twitter) Instagram
Saturday, July 5
Facebook X (Twitter) Instagram
World Economist – Global Markets, Finance & Economic Insights
  • Home
  • Economist Impact
    • Economist Intelligence
    • Finance & Economics
  • Business
  • Asia
  • China
  • Europe
  • Economy
  • USA
    • Middle East & Africa
    • Highlights
  • This week
  • World Economy
    • World News
World Economist – Global Markets, Finance & Economic Insights
Home » Haval maker: Sazgar says not increasing vehicle prices despite new tax – Markets
Economist Intelligence

Haval maker: Sazgar says not increasing vehicle prices despite new tax – Markets

adminBy adminJuly 4, 2025No Comments2 Mins Read
Share Facebook Twitter Pinterest Copy Link LinkedIn Tumblr Email VKontakte Telegram
Share
Facebook Twitter Pinterest Email Copy Link
Post Views: 3


Sazgar Engineering Works (SAZEW) – company engaged in manufacturing and sale of automobiles, automotive parts and household electric appliances – said on Friday it had decided not to increase its vehicle prices for end-consumers despite imposition of a new tax in the Budget 2025-26.

In a letter sent to Haval dealers in Pakistan on Friday, the company said it was absorbing the impact of the “additional levy to ensure that the final payment of our vehicles remains unchanged”.

“Following the recent announcement of the Federal Budget 2025, a new government levy under New Energy Vehicles Adoption Levy Act, 2025 has been imposed on all our vehicles. As a responsible and customer-focused organisation, Sazgar has consistently taken proactive measures to protect the interests of its valued customers.

Sazgar records ‘second-highest’ 4-wheeler sales in June 2025

“True to this commitment, we are pleased to inform you [dealers] that the company has decided to absorb the impact of this additional levy to ensure that the final payment of our vehicles remains unchanged including all taxes and duties,” the letter read.

To recall, some of the industry players have increased their vehicles prices to pass on the impact of the levy on cost of production this week, including Lucky Motors (the assembler of Kia cars), Pak Suzuki Motor and Atlas Honda – the bike manufacturer in the country.

The car sales in Pakistan surged 39% in the first 11 months of FY25, standing at 126,226 units in the under review period compared to the same period of the prior fiscal year; FY24.



Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Telegram Copy Link
admin
  • Website

Related Posts

Economist Intelligence

Mian Zahid slams increase in oil and gas prices – Business & Finance

July 5, 2025
Economist Intelligence

Weekly SPI inflation up 0.73pc – Business & Finance

July 5, 2025
Economist Intelligence

FY 2024–2025: SECP Appellate Bench disposes of 124 appeals – Business & Finance

July 5, 2025
Economist Intelligence

Sazgar records ‘second-highest’ 4-wheeler sales in June 2025 – Business & Finance

July 4, 2025
Economist Intelligence

Status-quo: Chishti suffers Supreme Court reversal in battle for TRG Pakistan control – Business & Finance

July 4, 2025
Economist Intelligence

TSX edge higher; US tariff deadline approaches – Markets

July 4, 2025
Add A Comment
Leave A Reply Cancel Reply

Editors Picks

Mian Zahid slams increase in oil and gas prices – Business & Finance

July 5, 2025

Weekly SPI inflation up 0.73pc – Business & Finance

July 5, 2025

FY 2024–2025: SECP Appellate Bench disposes of 124 appeals – Business & Finance

July 5, 2025

Haval maker: Sazgar says not increasing vehicle prices despite new tax – Markets

July 4, 2025
Latest Posts

PSX hits all-time high as proposed ‘neutral-to-positive’ budget well-received by investors – Business

June 11, 2025

Sindh govt to allocate funds for EV taxis, scooters in provincial budget: minister – Pakistan

June 11, 2025

US, China reach deal to ease export curbs, keep tariff truce alive – World

June 11, 2025

Subscribe to News

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Recent Posts

  • All hail the equity vigilantes
  • Chinese ambassador’s ‘grandstanding’ advice for Australia raises eyebrows
  • South Korea, Japan step up as US targets China’s shipbuilding industry – can they succeed?
  • Hong Kong wants to be the dominant domicile for the world’s biggest companies
  • Why Singapore’s identity demanded distance from China – and its own story of nationhood

Recent Comments

No comments to show.

Welcome to World-Economist.com, your trusted source for in-depth analysis, expert insights, and the latest news on global finance and economics. Our mission is to provide readers with accurate, data-driven reports that shape the understanding of economic trends worldwide.

Latest Posts

All hail the equity vigilantes

July 5, 2025

Chinese ambassador’s ‘grandstanding’ advice for Australia raises eyebrows

July 5, 2025

South Korea, Japan step up as US targets China’s shipbuilding industry – can they succeed?

July 5, 2025

Subscribe to Updates

Subscribe to our newsletter and never miss our latest news

Subscribe my Newsletter for New Posts & tips Let's stay updated!

Archives

  • July 2025
  • June 2025
  • May 2025
  • April 2025
  • March 2025
  • February 2025
  • January 2025
  • December 2024
  • June 2024
  • October 2022
  • March 2022
  • July 2021
  • February 2021
  • January 2021
  • November 2019
  • April 2011
  • January 2011
  • December 2007
  • July 2007

Categories

  • AI & Tech
  • Asia
  • Banking
  • Business
  • Business
  • China
  • Climate
  • Computing
  • Economist Impact
  • Economist Intelligence
  • Economy
  • Editor's Choice
  • Europe
  • Europe
  • Featured
  • Featured Business
  • Featured Climate
  • Featured Health
  • Featured Science & Tech
  • Featured Travel
  • Finance & Economics
  • Health
  • Highlights
  • Markets
  • Middle East
  • Middle East & Africa
  • Middle East News
  • Most Viewed News
  • News Highlights
  • Other News
  • Politics
  • Russia
  • Science
  • Science & Tech
  • Social
  • Space Science
  • Sports
  • Sports Roundup
  • Tech
  • This week
  • Top Featured
  • Travel
  • Trending Posts
  • Ukraine Conflict
  • Uncategorized
  • US Politics
  • USA
  • World
  • World & Politics
  • World Economy
  • World News
© 2025 world-economist. Designed by world-economist.
  • Home
  • About Us
  • Advertise With Us
  • Contact Us
  • DMCA
  • Privacy Policy
  • Terms & Conditions

Type above and press Enter to search. Press Esc to cancel.