Auto Parts Vendors Criticize Assemblers for Low Localization & Higher Prices
For the first time in 15 years, auto parts vendors have finally spoken out against local vehicle assemblers over low localization and high prices.
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Can Increase in Car Prices Bring Desired Results?
Despite Rupee regaining its strength against the US Dollar and no additional duty or tax implemented by the government, auto assemblers are substantially increasing car prices in order to dampen their declining profits. Can this trend of increasing prices improve the plunging car sales in Pakistan?
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Increasing Demand of Second Hand Cars
Due to substantial increase in prices of new cars, demand of second hand cars is constantly rising in the market.
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Rupee Continues to Recover Against Dollar- Will Car Prices Come Down?
The Pakistani rupee (PKR) has maintained a gradual uptrend against the US dollar since the beginning of current fiscal year in July 2019. Now comes the real question, will car prices come down?
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Automakers Increasing Prices Even When Rupee Stands Stable
Local auto assemblers are increasing prices even when the Rupee stands stable against the Dollar
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Car Price Comparison: December 2017 vs July 2019
The massive devaluation of Pak Rupee resulted in frequent price hikes as car prices in Pakistan were revised from 6 to 8 times by different automakers during the last 18 months. Prices since December 2017 have gone up by 39% on average.
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Car Prices to Increase as Dollar Reaches Record High
Car prices in Pakistan are likely to see another increase as Pak rupee has plunged to an all-time low of 148.50 to the US dollar in the inter-bank market.
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Prices of Suzuki Swift and Cultus VXL AGS Remain Unchanged
In the latest round of price revisions, the prices of Honda Civic, Suzuki Cultus VXL AGS and Suzuki Swift remains unchanged.
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2018 The Year of Price Hikes
Year 2018 is about to end, and it will probably be remembered as the year that witnessed the most number of price revisions ever made in the history of Pakistan’s …
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Honda Atlas Increases Car Prices Effective from 22nd October 2018
Following the price increase by Toyota Indus, Honda Atlas Cars Pakistan Limited (HACPL) has now revised the prices of its vehicle lineup effective from the 22nd of October 2018. According …
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