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Pakistan’s auto industry is seeing yet another round of price hikes as top automakers continue to revise rates upward. As Suzuki and KIA recently jacked up prices across their vehicle lineups, Toyota is now expected to follow suit, signaling no immediate relief for car buyers.

Toyota Yaris, one of the company’s most popular sedans, is likely to see a 2% price increase across all variants. The expected new prices reflect the growing burden on consumers amid ongoing economic pressures.

Toyota Yaris Price Update

Toyota Yaris GLI MT 1.3, which currently cost around 4,479,000, is expected to rise to 4,568,580. MT 1.3 variant will likely cost 4,824,600, while GLI CVT 1.3 is said to climb to 4,855,200.

Yaris ATIV X CVT 1.5 expected price is likely to be from 6,380,000 to 6,445,000.

Pakistani government started new one-time tax called Climate Levy with tax to be added to price of cars that run on petrol or diesel, including hybrid cars. The amount of tax depends on the engine size.

Petrol cars like the Toyota Corolla Cross, Kia Sportage Hybrid, and others are not exempt because they still use fuel and can’t run far on battery only. So, they will be taxed just like regular fuel cars. A full list has been made to show the new prices of all locally made cars after this tax is added.

Toyota Yaris is one of top selling subcompact cars known for decent fuel efficiency, smooth transmission, and some safety features, making it considerable for daily driving. It offers mileage between 11–15 km/l, low maintenance costs, and wide availability of spare parts, it falls short in performance and handling.

KIA Sportage, Picanto prices increase from July 2025 [New Complete Rate List]

Indonesia has offered to cut duties on key imports from the United States to “near zero” and to buy $500 million worth of U.S. wheat as part of its tariff talks with Washington, its lead negotiator and a wheat industry association said on Friday.

Chief Economics Minister Airlangga Hartarto, who is Indonesia’s lead negotiator, also confirmed that state carrier Garuda Indonesia (GIAA.JK) would buy more Boeing planes as part of a $34 billion pact with U.S. partners due to be signed next week.

Indonesia, which ran a goods trade surplus of $17.9 billion with the United States in 2024, according to the U.S. Trade Representative, is facing a 32% tariff in U.S. markets and has proposed increasing U.S. imports to facilitate trade talks between the two sides.

Airlangga said the Indonesian government has offered to cut tariffs on key American exports, including agricultural products, to near zero from between 0% and 5% at present.

“It will be near zero (tariffs for U.S. main exports), but it will depend as well on how much the tariffs we get from the U.S.,” Airlangga said.

Garuda’s CEO has said it is in discussions with U.S. aircraft maker Boeing (BA.N) to buy up to 75 units of aircraft. Garuda Group did not respond to requests for comment on Friday.

The wheat purchases are also part of next week’s pact with U.S. partners.

The chairman of Indonesia’s wheat flour mills association, Franciscus Welirang, said its “members will purchase two million tons in total through tenders with a competitive price.”

“The point is all of the members will buy U.S. wheat,” Welirang, who is also a director at Indofood (INDF.JK), told Reuters.

The U.S. counterparts in the wheat deal include Cargill, Bunge Global SA (BG.N), Pacificor, Archer-Daniels-Midland (ADM.N), Columbia Grain International, and United Grain Corporation, Welirang added.

U.S. exports to Indonesia include soybeans, petroleum gases, and aircraft, according to Indonesian government data.

When asked whether the trade talks include military deals, Airlangga said they were “not part of the negotiation.”

Susiwijono Moegiarso, a senior official with Indonesia’s Coordinating Ministry for Economic Affairs, told Reuters that in return, Jakarta has asked the United States for preferential tariffs on its main exports, including electronics, textiles, and footwear.

“We want them to lower the tariffs (for those goods) as low as possible,” he said.

Indonesia has also offered the United States opportunities to invest in critical minerals projects, including in the country’s abundant resources of copper, nickel, and bauxite.

Tesla’s new vehicle registrations in the UK rose in June compared to the same period last year, driven by the rollout of its updated Model Y and a broader recovery in the electric vehicle (EV) market, data showed Friday.

Overall, new car registrations in Britain grew 6.7% year-on-year to 191,316 units in June, according to the Society of Motor Manufacturers and Traders (SMMT). This marked the strongest June performance since 2019, though sales remained below pre-pandemic levels.

Battery electric vehicle (BEV) demand climbed 39% to 47,354 units last month, accounting for one in four new car buyers, SMMT reported.

“That EV growth, however, is still being driven by substantial industry support with manufacturers using every channel and unsustainable discounting to drive activity, yet it remains below mandated levels,” said Mike Hawes, SMMT Chief Executive.

Tesla recorded 7,719 sales in June — up 14% from a year earlier — according to SMMT data. A separate estimate by research group New AutoMotive placed Tesla’s June figure slightly higher at 7,891 units, a 12% increase. The variation stems from differing data sources and calculation methods.

Despite the strong June performance, Tesla’s overall UK sales are down nearly 2% in 2025 so far. Meanwhile, Chinese EV manufacturer BYD has seen its UK sales soar nearly fourfold to 2,498 units this year, New AutoMotive reported.

Among legacy automakers, Ford led EV growth in Britain during the first half of 2025, with sales rising more than fourfold year-on-year, according to New AutoMotive.

Analysts noted that sustaining momentum in EV sales will require significant improvements to charging infrastructure.

“Further growth in sales, and the sector, will rely on increased and improved charging facilities to boost mainstream electric vehicle adoption,” said Jamie Hamilton, automotive partner and head of EVs at Deloitte.

Adding to the momentum, a new US-UK trade deal took effect this week, lowering tariffs on British exports, including cars. British automakers can now export to the U.S. under a reduced 10% tariff quota, down from the earlier 27.5%.