Competition Commission of Pakistan (CCP) is organising an open hearing on competition issues and consumers’ queries regarding local automobile industry in Jinnah Avenue, Islamabad on 12 April 2018. The open hearing will start at sharp 11:00 am.
The authority has received many complaints from consumers concerning the constantly changing prices of cars, premiums, lack of features in cars, poor quality vehicles and prolonged delivery times which are indeed huge problems that need to be addressed. And that is why CCP in this regard has invited all the stakeholders to share their point of view. It is to be noted here that local manufacturers have surged the prices of their vehicles for two consecutive times this year. Furthermore, consumers have long cried for the lack of features in locally produced cars and their poor build quality. Premium and delivery timings of the vehicle also reached an all-time high at the beginning of this year. So, it is a good step by Competition Commission of Pakistan to hold such as event.
The local companies are required to deliver the car with best features and within two months delivery time according to the auto policy; however, no manufacturer is following the policy in true letter and spirit.
Moreover, other than consumers queries in the open hearing other automotive related issues and queries such as status of implementation of auto policy (2016-21), used car import policy and its impact on the local market, duties on auto parts, tax structure and exchange rate impact on car prices etc would also be discussed in detail.
Consumers are encouraged to take part in this event, but registration before the actual date of hearing is a must. Moreover, all those who are willing to participate in the event or want to share a material regarding any issue should contact the authorities by 10 April 2018.
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