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The currency depreciation has taken its toll as PKR reached a record low against the US Dollar in the open market. Indus Motor Company (IMC) the assemblers of Toyota cars in Pakistan has announced its second price revision of the year. This comes hardly two weeks after the first price hike of the year was announced on the 12th of January 2023.
IMC Announces Another Increase in Toyota Car Prices Read More
Like the preceding years, 2022 also saw local assemblers giving a massive push to the prices of their products citing depreciating currency value, and rising shipping & raw material costs as the prime reason behind the hikes. But the increase made between January and December 2022 is more shocking than you might imagine.
Average Price Increase by Local Assemblers in 2022 Read More
The year 2022 is about to end and will be remembered as yet another year of price hikes, the 5th now in a row. The nightmare began almost 5 years ago when Rupee started to lose out on its value against US Dollar, from around Rs 110 per $1 to being traded at Rs 255/260 today.
December 2017 vs December 2022- The Nightmare Continues Read More
Changan has increased the prices of its local assembled variants effective from the 19th of April 2022.
Changan Car Prices Increased Again Read More
Hyundai-Nishat is the latest to jump in the bandwagon to announce the increases in prices across its lineup citing currency devaluation and rising shipping & raw material costs.
Hyundai Car Prices Increased Read More
A Rs 200,000 increase in Hyundai Tucson’s price just a day after its launch is a perfect example of corporate malpractice of fleecing its customers, a white-collar crime that allegedly sucked up an extra Rs 540 million from customers’ pockets.
The Corporate Malpractice of Fleecing Customers Read More
Let’s find out how much increase in car prices have occurred during the last 1 year.
Car Price Increase in Last 13 Months Read More
Local assembled cars in Pakistan have started to experience a new wave of price hikes.
A New Wave of Price Hikes Read More
Auto consumers of Pakistan might see another increase in car prices as Rupee has declined to the lowest-ever at Rs 167 against the US Dollar.
Another Increase in Car Prices Expected? Read More
Automakers are preparing to revise prices of the vehicles effective from the 1st of January 2020.
Car Prices to Increase from January 2020 Read More