ISLAMABAD – According to informed sources, the three big local autocompanies – Toyota Indus, Pak Suzuki, and Honda Pakistan might soon come upwith new, increased prices for their products.
They are expected to make an announcement somewhere during the next fewweeks.
As per the report, Pak Suzuki’s price increase will be from Rs. 50,000 toRs. 100,000 for its product line. Toyota Indus, on the other hand, is goingfor a straight up Rs. 150,000 increment. Lastly, Honda Pakistan is expectedto go for a Rs. 150,000 to Rs. 215,000 increase for its lineup.
A spokesperson from one of the local companies said,
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We know that our sales have declined by 30 percent due to ban on non-filersto purchase cars, but the companies cannot bear the brunt of currentdepreciation in Pak rupees and increase in different taxes and duties,
Other brands are also likely to announce new prices soon as well asmotorcycle companies.
