DFSK Denies Rumors of Glory 580 Pro Discontinuation

Jawad

26 Jul 2024

291 DFSK Glory 580

DFSK Denies Rumors of Glory 580 Pro Discontinuation

Recently, social media was abuzz with rumors that the production of DFSK’s crossover SUV, the Glory 580 Pro, had been halted. Some reports even suggested that the car had been discontinued. However, these rumors are completely false.

Company Assurance

An official from the company confirmed that the production of the Glory 580 Pro has not stopped, and both bookings and sales are ongoing nationwide. The official emphasized that the rumors are baseless and urged customers to verify such information through official company dealerships.

Immediate Delivery Available

Contrary to the rumors, the company is currently offering immediate delivery of the Glory 580 Pro. The official encouraged anyone interested in purchasing the SUV to contact their nearest dealership for more information.

New Price After Withholding Tax

Following the federal government's proposal of a new withholding tax in the fiscal budget 2024-25, car prices have increased. This new amendment stipulates that the withholding tax on cars will now be based on the ex-factory price rather than engine capacity. This change has led car makers, including Regal Automobiles, to raise their prices.

Car Name	Price (PKR)	Current Tax	Proposed Tax (%)	Proposed Tax (PKR)	Difference in Tax (PKR)
DFSK Glory 580 pro	6,790,000	50,000	2.00%	135,800.00	85,800
DFSK Prince K07	2,669,000	25,000	1.50%	40,035.00	15,035

Updated Prices and Terms

According to the company's official notification, customers will need to pay an additional Rs. 135,800 for the DFSK Glory 580 Pro as an advance tax. Similarly, the new advance tax for the Prince-DFSK K07 (Humsafar) is Rs. 26,690, and for the Prince Pearl, it is Rs. 9,250. The prices mentioned are the maximum suggested retail prices, including taxes and dealer commission. Any changes in the exchange rate, government levies, tariff structures, fiscal policies, or import policies will affect the price, and the customer will bear this impact. The prices are provisional and subject to change without prior notice, with the prevailing price at the time of delivery being applicable.

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