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Browsing Tag
car prices
The car prices, in the last couple of days, have seen massive drops as Kia announced a reduction of over Rs. 15 lacs for Stonic, followed by Rs. 4.5 lacs for Peugeot 2008, and then it was Suzuki Swift with Rs.…
What Forces Auto Industry to Cut the Prices?
In recent weeks, you may have noticed a considerable drop in car prices. What's particularly surprising is that, despite expectations for prices to rise following the government's recent GST hike, they've…
Car Prices In Pakistan: Jan 2023 Vs. Dec 2023
The onset of this year marked a challenging period for car consumers, as all companies opted to raise their prices in January. This decision by car assemblers was influenced by restriction inflicted by the…
Historic Car Price Surges Seen Under PDM Governance
Car price hike have been the norm in country’s auto industry but in a surprising twist of fate, PDM regime observed a record increase. In the past 16 months, vehicle assemblers have raised prices significantly…
New KIA Car Prices See A Jump Of Rs. 500,000
Kia Lucky Motors has announced new KIA car prices without mentioning any reason in its circular. The notification by the company thanked its dealers for the support and mentioned that the revised prices will be…
Big 3 Car Prices – Jan 22 vs Dec 22
For Pakistan’s auto industry, first six months were quite good but since July’22, local assemblers observed record slump in production and sales. And the reason behind the calamity is prevailing economic fuss…
Car Prices Surged By 47% This year- Report
Buying a car over these nine months has been a wild experience. Roaring car prices have shattered buyers’ capacity to purchase a new car. Same is the case with used cars now.
Local automakers have hiked car…
Senate Panel Slammed Automakers for Rising Car Prices
After back-to-back hikes in car prices, Senate standing committee on industries and production has taken the notice again. Senate body has raised the serious concern over the unchecked jumps observed in vehicle…
Auto Industry Likely to Increase Car Prices Across the Board
Pakistan’s economy is going through an unprecedented time – and the business sector across the board is feeling the impact. The massive devaluation of Pakistani rupee versus US Dollar in the last two months has…
Govt Asks Car Companies to Share Their Cost Structure
The situation with car prices in Pakistan has become so destructive that automakers are hiking the prices almost every month. The government has recently taken notice of the stumbling block and tried to…
Prince DFSK Car Prices Increased, Again
The second season of car price hike 2022 is here, no thanks to the increasing dollar rate and raw material costs. After Kia and Changan, now Prince DFSK has taken its turn to increase the car prices.
Here…
“Government Cannot Fix Car Prices”, Says PAMA
The government of Pakistan has finally taken notice of the increasing car prices and asked the car companies to explain the back-to-back car price hikes. The government’s sudden interest in fixing the prices…
Govt to Investigate Increasing Car Prices
For the past year, car prices in Pakistan have been going up and up. The car companies have started to increase the prices once every quarter. The government has expressed concerns over increasing car prices…
Govt Asks Car Companies to Explain Price Increases
Public Accounts Committee (PAC) has expressed its reservations over repeated car prices hikes and lack of safety features in locally assembled cars. The dissatisfaction was shared during a meeting of PAC,…
Is Govt Setting a Body to Fix Car Prices?
The high car prices are one of the gravest issues for the auto market, car consumers and the current government. In the last couple of years, the prices have shot up repeatedly in Pakistan. To control it, the…
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