Pakistan’s currency is projected to decline 5-12% in the next 6 months, to somewhere between Rs 297 and Rs 321 …

The post Rupee Could Depreciate by 12% Over the Next 6 Months first appeared on CarSpiritPK and is written by News Desk.

While most auto assemblers in Pakistan have announced a reduction in car prices due to strengthening PKR value against the …

The post Pak Suzuki Denies to Have Reduced Car Prices first appeared on CarSpiritPK and is written by UsmanAnsari.

Local auto assemblers seem hesitant to pass on the benefit of the currency appreciation to the consumers, despite the Rupee …

The post Despite Strengthening Rupee, Assemblers Refuse to Cut Down Prices first appeared on CarSpiritPK and is written by UsmanAnsari.

Since  September 4, the Pak Rupee (PKR) has regained its lost value against the US Dollar, recovering 9.9% from an …

The post PKR Recovers Against US Dollar- Will Car Prices Come Down? first appeared on CarSpiritPK and is written by UsmanAnsari.

If you observe the market trend, particularly after the year 2018, car prices have been frequently revised in Pakistan with …

The post Price Lock Offers: A New Development in Our Market first appeared on CarSpiritPK and is written by UsmanAnsari.

As local assemblers prepare to raise prices further in response to the rupee’s declining value against the US dollar, car …

The post Fresh Wave of Price Hikes to Haunt Auto Consumers first appeared on CarSpiritPK and is written by UsmanAnsari.

Regardless of persistent questioning by the Public Accounts Committee (PAC) Sub-Committee on various issues harming consumers’ interests, local auto assemblers …

The post Car Buyers Saw Unprecedented Price Hikes in PDM Regime first appeared on CarSpiritPK and is written by UsmanAnsari.

Car prices to further increase as PKR plunged drastically to approach an all-time low against the US dollar during the opening hours of the trading session on Thursday, the 2nd of March 2023.

The post Car Prices to Increase AGAIN as Rupee Plunged to a New Low first appeared on CarSpiritPK and is written by UsmanAnsari.

Will the car prices go up again due to the weakening Rupee value against the US Dollar?

The post Rupee Slipping Again- Will Car Prices Go Up? first appeared on CarSpiritPK and is written by UsmanAnsari.

When compared to prices from 3 years ago, June 2019 to be exact, renders a saddening situation of the economy as well as the import-dependent auto sector which is still in its infancy despite more than three decades of presence. Customers also blame that in the absence of any check & balance by the government, the impact of slightest of forex fluctuation is transferred by more than 100% on to the customers when assemblers claim to have achieved up to 70% localization.

The post Car Price Comparison: June 2019 vs July 2022 first appeared on CarSpiritPK and is written by UsmanAnsari.