Overview
The happiness to listen the price reduction of cars in Pakistan is no more on tiding. The local partner of China’s sub-brand Great Wall Motors, Sazgar Engineering Works Limited has increased the price of Haval Jolion second time in the same year. The company has jumped the price by Rs295,000, the old price of the SUV was Rs5,725,000 and the new ex-factory price is Rs6,020,000. SEWL has a partnership with Great Wall Motors and holds the right to introduce the vehicles in Pakistan on their behalf.
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Reason for Price Hike
The company has stated the high dollar rate is a cause of price hikes. There is no other option left for the company except to increase the price of SUVs. This is not controlled by the company. The unfavorable fluctuation in the dollar rate pushes the company to increase the price to not stop the deliveries of the vehicles. Haval Jolion is the most incredible SUV for Pakistan. The company has offered only a CBU unit in Pakistan. The car offers the beyond expectation features that are the reason for its short time popularity. However, its a very unexpected for the consumer to saw the price hike two times in the same year. But the company has said to continue deliveries this is the only option we have.
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Conclusion
The jack-up car prices are not under control. The government has asked the reason automakers and warn them to not increase the car prices. But it’s not working because the dollar rate does not stand at the one position. Last month we have seen the high sale of cars in the country and that just because automakers were reduced the prices. The increasing rate of dollar is the threat to increase the car prices in Pakistan.
