The prevailing price hike series 2023 is in full swing. Following Japanese carmakers, Toyota, Honda, Suzuki, and KIA, the French manufacturers Peugeot took the step and increased the price of its only crossover Peugeot 2008 variants.
New Price of Peugeot 2008
Here are the new prices of both variants.
- The new price of Peugeot 2008 Active variant is Rs. 5,899,000 compared to old price of Rs. 5,400,000. Means, it has observed a hike of Rs. 499,000.
- Meanwhile, the Peugeot 2008 Allure variant will now cost Rs. 6599,000 instead of Rs. 6,100,000. Meaning, it has observed an increase of Rs. 499,000.
Safety in Peugeot 2008
And if we discuss the safety features, the first thing is that Peugeot has 6 Airbags. The other safety features include:
- Hill Start Assist
- Anti-Lock Braking System (ABS)
- Rear View Camera
- Front + Rear Parking Sensors
- Vehicle Stability Management (VSM)
- Electronic Stability Program (ESP)
- Blind Spot Detection
- Active Lane Keep Assistance
- High Beam Assist
- Road Sign & Speed Limit Recognition
FBR Wants to Increase FED on Cars – Report
The media reports suggest that the Federal Board of Revenue (FBR) has proposed increasing the Federal Excise Duty (FED) on both locally assembled and imported motor vehicles. The institution wants to introduce the hike by promulgating the Tax Laws Amendment Ordinance to generate additional revenue in the upcoming “mini-budget.”
The reports further stated that FBR is considering revenue generation measures to rationalise the rates of FED on cars. In this regard, the government body has started working to finalise the revenue impact of FED raise on vehicles. The proposed increase will depend on the engine size of both imported and locally-assembled cars. However, the government has yet to approve the proposal by FBR.
What do you think about the ongoing price hike series? Tell us in the comments section.a
