Right after IMC Toyota, Honda Pakistan also jacked up the prices of its vehicles for the second time this year yesterday (3-27-2018). We at PakWheels reported that Pak Suzuki and Al-Haj FAW are also eyeing to surge the rates of their vehicle as well. And now the latter one has increased the prices of its cars up to PKR 35 thousand. It is to be noted here that FAW at the beginning of this year already jacked up the prices of its vehicles, this is the second time this year the company has soared the rates.
The reasons local automobile companies are giving to increase the prices of their cars are that the Rupee is being devalued against the Dollar after each month and with increasing taxes on raw materials which they import from other countries for the manufacturing of their cars it is not possible for them to offer cars in existing prices.
Below is the updated list of price rates of FAW vehicles:
|F A W C A R R I E R|
|New Price||Old Price||Change|
|FLAT BED||Rs.809,000||Rs.789,000||PKR 20,000|
|Additional Cost for AC||Rs.41,000|
|F A W V2|
|Manual Transmission||Rs.1,154,000||Rs.1,119, 000||PKR35,000|
|DUAL AC||Rs.969,000||Rs. 949,000||PKR 20,000|
|W/O Rear SEAT||Rs.949,000||N/A|
All above-mentioned prices are ex-factory. Moreover, the circulation which the company has forwarded to us also states as follow:
The prices of all FAW vehicles are subject to change without notice and prices prevailing at the time of delivery shall apply if rates of existing duties/taxes are increased or new duties/taxes are levied by the government then such increase would be paid by the customer prior to the delivery of the vehicles.
That’s it from our side. Do comment what you people think about this recent hike in prices by local automakers.