Pak Suzuki Motor Company (PSMC) has sustained heavy blows lately due to poor sales, price hikes, tax rate hikes, and import restrictions, the bane of all auto-industry. The government’s latest plans to increase taxes further may be the straw that breaks the camel’s back.

Pakistan’s largest car company by sales and production volume has sent a letter directly to the interim Prime Minister of Pakistan, Mian Shahbaz Sharif, requesting him not to approve the aforementioned plan.

Suzuki asked the Prime Minister to not allow tax hikes on cars up to 1,000cc. This seems prudent, given that the automaker’s lineup is mostly cars with 1,000cc or smaller engines.

The auto industry has spoken out against the government’s plans to increase taxes in the coming budget. Time will tell if the government will respond to their collective SOS distress calls.

Source: Pro Pakistani