Ignoring car prices for the moment, what about fuel prices.
Did you guys see that article in Dawn yesterday (27th)
Last year, ex-refinery price for petrol was 40 and for diesel 43. Retail prices were 53.7 and 37.7.
Today, ex-refinery prices are 18.8 for petrol and for diesel I forgot. Retail, however, are 57.7 & 57.3
Going by absolute numbers, petrol should be 18+(53-40)=31rs
And by percentage, 53 is 33% more than 40, so the retail for ex-refinery@18 should be 18+33%=24rs
Petrol MUST reduce to 24~31 rs/L on January 1st, 2009...!