Car prices in Pakistan are likely to go up ...palestine

Less than two months after car prices were slashed after a reduction in duties and taxes, companies in Pakistan are planning to jack them up again. Their excuse: raw material prices and freight charges have gone up. jwplayer("jwp-outstream-unit").setup({}); “Around 70% to 80% of a typical passenger car is made up of some grade of imported steel,” said Syed Shabbiruddin, the director for Sales and Marketing at Changan Pakistan. “A car price is, therefore, highly sensitive to the price of steel and the exchange rate.” If steel prices go up, car prices will inevitably increase, he said. In fact, even motorcycle producers recently also passed on the bur

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Last updated : 23 August 2021 clock 04:15 PM

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Car prices in Pakistan are likely to go up ...palestine

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