Overview
Changan Master Motors has increased car prices by Rs1,20,000 and mentioned that the increased rate of global shipment affects the cost of production. Moreover, they stated that to continue production and serving we take this initial step to increase the prices. However, the government has requested the company to hold this price increase.
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Notification By Changan
The company has suspended the price increase temporarily. In the new notification, the company stated: “We are temporarily suspending the prices of all Changan models until further notice.” Meanwhile, the previously booked vehicles will continue to be served. Moreover, they stated that the freight charges go high we appetite the government to reduce the charges and help us to maintain the cost of production. Master Motors introduces a variety of vehicles in Pakistan and offers very fewer prices. Master Motors offer Euro-5 engines in Pakistan. The Alsvin sedan by the company goes very popular in Pakistan and competes for the market by its surprising features at low prices as compared to others.
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How Price Increase Affect
Customers never accept the price increase and refused to buy the vehicles from Changan. Recently car manufacturers reduce car prices after the government has provided tax relief on all cars. The collapse in car prices directly affects the sale and vise versa. However, only Changan Motors has increased the prices that are held now for further notification.
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Conclusion
The sale of vehicles was increased in Pakistan after decreasing the car prices. The time came after a very long in Pakistan that the automakers announced a reduction in car prices. The recent hike in Changan car prices again create will again cause of reduction in the sale. Master Motors has stated that the cost of freight rises from $800 to $4000, and this is a huge amount we can’t bear. If the government gives the relaxation in this cost this will help to stabilize the cost of production.
