Where all the local car assemblers have increased the prices of their all car in the face of uneven economic uncertainty, Al-Hajj Automotive came with a different thing – increased the price of only one variant of Proton Saga. Whilst price of the Saga Standard manual, ACE Automatic, and X70 variants are yet to be increased.
As per the company’s notification, the price of the only variant – dubbed Proton Saga Standard A/T – is increased by Rs. 300,000 and will now cost 3,299,000 compared to the old rate of Rs. 2,999,000.
Mind you, Proton Pakistan has announced the first price hike, whereas Japanese duo Honda and Toyota have inched up their car prices twice within a month. All the car companies, including Proton Pakistan, held the ongoing economic crisis responsible for the recent price hike series.
Toyota Pakistan Offering 100% Refund
Where Pakistan’s economy is diving deep into to muddy waters of the worst financial turmoil, the country’s industry is facing a new lock down. Local carmakers first announced a back-to-back production cut and now (Toyota) start offering 100% refund – started returning booking amounts to the customers in the face of no production.
Toyota Indus Motors announced to return booking payment with a markup stating that the company would produce a very low number of units in February and March. The Chief Executive Officer of Indus Motor Company (IMC) has stated that the recent import curbs have shattered the local car industry. The incumbent government should take immediate steps to beget political stability, bringing steadiness to dwindling economic graphs.
“We are forced to currently operate at 40-45 per cent of our capacity. Unless these restrictions are eased, complete plant closures and total non-production will be inevitable,” he added.
What do you think about prevailing economic downtrend and how is it affecting Pakistani auto industry? Tell us in the comments section.
Proton a growing brand worldwide, this saga remains affordable, it is appreciable Proton didnt rush to increase their price but i guess they are limits.
With the improving service of Al haj, Proton is gradualy becoming better.