Other factors
December 20, 2019
This refers to the letter, 'Low Investment' (Dec 19)by Kulsoom A Majeed. The writer is not appreciating the technological advancement brought in Pakistan by the OEMs from 2001 ownwards by getting high-tech car parts developed through locally developed vendors. The writer is still maintaining her stance by calling local car producers responsible for price hike.
There are a number of other factors such as dollar impact, heavy taxation etc which has resulted in a substantial surge in locally made car prices and closure of a large number of vendor units and car plants.
Engr Asim Nawab
Islamabad
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