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Draft auto policy revs up hopes for cheaper vehicles

• PHEVs may see price reductions of over 20pc under proposed tax changes • Petrol, hybrid vehicles may become around 8-10pc cheaper • Parts makers warn rising CBU imports, lower tariffs to hurt local industry KARACHI: The draft Auto Policy 2026-31 could trigger one of the biggest shake-ups in the country’s automobile market, with prices

Oct 22, 12:41 AM

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