Pak Suzuki Motor Company (PSMC) has become the latest auto manufacturer in Pakistan to increase the prices of its vehicles following changes introduced in the Federal Budget 2025-26, including the implementation of a new NEV [New Energy Vehicle] levy on automobile sales.
The NEV levy, introduced in the Finance Act 2025, applies to all internal combustion engine motor vehicles and motorcycles and came into effect from July 1, 2025, increasing prices significantly.
The NEV levy covers all vehicle categories from basic motorcycles to luxury SUVs but exempts new energy vehicles (electric and hybrid cars), vehicles manufactured exclusively for export, diplomatic mission vehicles, and those belonging to international organisations with diplomatic privileges.
Following is the price increase on different models of the company
