While leading automakers such as Pak Suzuki and Kia have raised vehicle prices following the implementation of new taxes under the Federal Budget 2025–26, Sazgar Engineering has taken a different approach. In an official announcement, the company stated that it will absorb the cost of the newly introduced New Energy Vehicles (NEV) Adoption Levy. As a result, Haval vehicle prices will remain unchanged. This decision comes at a time when Pak Suzuki Motor Company and Kia Lucky Motors increased their prices, citing the increased sales tax rate and additional levies introduced in the new fiscal policy. Suzuki models like the Alto, Cultus, and Swift saw noticeable price hikes, while Kia increased rates across most of its popular vehicles, including Sportage and Picanto. Sazgar, on the other hand, emphasized its commitment to customer welfare by maintaining price stability. “As a responsible and customer-focused organization, Sazgar has consistently taken proactive measures to protect t...
In a groundbreaking development, Pakistan has inked a deal to procure cost-effective oil from Russia, with the first shipment of 100,000 metric tons set to dock in Karachi this December. What's the driving force behind this significant agreement? Delve into the details of how Russian oil, $10 cheaper per barrel than the market average, is poised to reshape the nation's energy landscape.
Petroleum insiders reveal that this pact, established on a commercial basis, allows local refineries direct access to Russian oil at a remarkable rate of $60 per barrel. As the first cargo prepares to make its way to Pakistani shores, anticipation brews for a potential government-to-government agreement following a regular supply chain.
Unlock the mysteries behind this game-changing alliance, and explore the implications for Pakistan's energy sector. Click to read more about this transformative step in the country's pursuit of energy sustainability and economic resilience.
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