Comments on: Assemblers Anticipates up to 30% Decline in Car Sales https://carspiritpk.com/assemblers-anticipates-up-to-30-decline-in-car-sales/?utm_source=rss&utm_medium=rss&utm_campaign=assemblers-anticipates-up-to-30-decline-in-car-sales Pakistan's Trusted Automobile Blog Sat, 28 May 2022 05:48:04 +0000 hourly 1 https://wordpress.org/?v=6.7.2 By: Khurram https://carspiritpk.com/assemblers-anticipates-up-to-30-decline-in-car-sales/#comment-10738 Sat, 28 May 2022 05:48:04 +0000 https://carspiritpk.com/?p=53062#comment-10738 Judging from the way the new Corolla, Civic, Swift, City, Bolan, Ravi, Revo, Fortuner, and Sportage are rolling on the roads it cannot be said that companies are finding it difficult to clear off the stock. As for limited buyers, well, there never were too many because Pakistan is a primary economy and to the masses of such economy three times good food is a luxury while cars do not even come
across their thoughts as it is considered ultra luxury to own one. Anyways, the country is on the brink of default, its balance of trade has turned red than before and is still rising steadily therefore, I doubt that auto sector would be reviving anytime soon.

]]> By: Ali Khan https://carspiritpk.com/assemblers-anticipates-up-to-30-decline-in-car-sales/#comment-10734 Fri, 27 May 2022 13:37:55 +0000 https://carspiritpk.com/?p=53062#comment-10734 “According to local companies, the cost to ‘assemble’ the vehicles locally have gone up by ten folds considering rising shipping & raw material costs, depreciating currency value and high operating costs”

Gone up by ten folds from what point? Is it from the last time they hiked the price just weeks ago (factoring in all the items like shipping, materials etc. already) or is this some other arbitrary point in time they are pointing to, to justify their upcoming excessive price hike?

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