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Tax changes reset Pakistan’s hybrid SUV pricing

Mettis Global • • 1 min read

Tax changes reset Pakistan’s hybrid SUV pricing

Mettis Global reported that hybrid and plug-in hybrid SUV prices in Pakistan are being reset after new sales tax changes prompted automakers to revise ex-factory rates. Chery Master Pakistan is absorbing part of the tax impact on its limited-stock Tiggo range, with the Tiggo 7 PHEV priced at Rs9.999 million and the Tiggo 8 at Rs11.499 million.

Estimated customer savings are Rs950,000 for the Tiggo 7, Rs1.5 million for the Tiggo 8 and Rs1.45 million for the Tiggo 9, according to the company's dealer communication. Lucky Motor Corporation's new Kia Sportage line includes an L 1.6T FWD HEV priced at Rs12.199 million and its all-wheel-drive version at Rs13.299 million. On these figures the Tiggo 8 PHEV sits about Rs700,000 under the Sportage FWD HEV, and the Tiggo 9 is Rs4.7 million below the Sorento AWD PHEV.

Hyundai Nishat Motor also changed its rates and runs a promotion through August 31, with the Tucson Hybrid Smart FWD at Rs12.202 million. Mettis Global added that direct comparisons depend on size, equipment and specifications, but buyers increasingly weigh electric range and running costs. Kia and Hyundai are likewise leaning on discounts and special deals, and the contest is moving beyond launches toward technology, pricing and customer value.

At a glance

  • Chery Master Pakistan is absorbing part of the tax impact on its Tiggo range.
  • Chery's Tiggo 7, 8 and 9 PHEVs are priced from Rs9.999 million to Rs14.299 million.
  • Hyundai Nishat Motor's Independence Day promotion runs until August 31.
Sectors:Automobile Assembler

Originally reported by Mettis Global

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