ISLAMABAD (Kashmir English): Several social media reports claiming a Rs460,000 reduction in the price of the Suzuki Alto 660cc turned out to be fake.
According to details, social media posts claim that the price of the popular small car has been reduced by Rs460,000 under the government’s new auto policy, raising expectations among prospective buyers.
Pak Suzuki has clarified that it has not announced any such price cut.
The viral claim is therefore misleading, and no revised price list confirming the reported discount has been issued by the company.
The manufacturer advised buyers to verify Pak Suzuki’s official announcement and new price list before buying any of its vehicles.
How much cheaper can Alto be?
Meanwhile, estimates circulating in the automobile market suggest that the price of the Suzuki Alto could fall from around Rs3.2 million to Rs2.8 million following the implementation of the Automotive and Auto Parts Manufacturing Policy 2026–31, announced on November 7.
These figures are only preliminary estimates based on the potential impact of the new policy and do not represent officially announced prices.
The policy envisages a phased reduction in import duties and tariffs over five years to lower vehicle production costs, strengthen the local automobile industry and encourage market competition.
When will vehicle prices decrease?
Under the new auto policy, import duties and tariffs will be reduced in phases over the next five years, with the aim of reducing the production cost of vehicles, strengthening the local industry and promoting competition in the market.
The government policy has also focused on bringing electric vehicles within the reach of common consumers.
However, the announcement of the new policy does not necessarily mean an immediate reduction in vehicle prices. Car manufacturers will determine their new prices after assessing the impact of the policy and production costs.
