As compared to the previous year there is a huge difference between car prices because of the change in dollar price. Dollar price increase or decrease will effect on the price of the vehicle. As compared to last year the automotive industry increase the sale of the vehicle but nowadays most of the vehicle users wait to down the price of the dollar.
The automotive industry has the biggest capital for every country and the other reason for the shortage of car sale because of the delivery time. The local car sale has increased as compared to the imported car because of dollar price increase that’s why the customs duty of car increase. As compared to previous year current year local car sale increase.
The automotive import industry has badly affected due to dollar price and investors did not invest in imported cars. The other reason for the shortage of car sale in the current year has government banned the non-filler to purchase a car that’s why the sale of the car in the current year has been down.
Local Car Sale 2017 VS 2018
As compared to last year the local car sale has been increased in the current year. The local car takes a long time for manufacture that’s why previous year imported car demand has increased but this year the dollar price has increased and that’s why the local car’s demand increase in the market. Bellow shows the result of local car sale in 2017 V/S 2018
Imported Car Sale 2017 Vs 2018
Most of the people are not satisfied with the local car and production of local car slow as compared to the imported car. Today most of the people want the imported car because of the safety and longtime usage. But the imported car process has slow because of the price of dollar increase and investors wait for the down price of the dollar and then invest in the automotive industry.
The imported car has own quality and the specifications and features of the imported car have unique and changed from imported cars. As compared to the local vehicle the Japanese car has more reliable and comfortable than the local car. But due to the dollar rate of the international market the import has badly effect and automotive industry totally depends on import and these days Pakistan’s economy down due to the dollar price.
