The year 2023 has been a bad one for Pakistan’s auto sector, with constant production halts and significant price increases. The following are some of the main causes of the problem, as stated by the automakers:
- Currency depreciation
- Import limitations
- Tax rate increases
- Rise in transport costs
- Price increases for raw materials
- Logistical difficulties
Impact on Proton Saga
Al-Haj Automotive, a Proton automobile manufacturer and retailer in the Pakistan, was also impacted in this year. Despite this, the business opted not to raise the costs throughout 2022, with the exception of the Saga Standard Automatic variant in February.
The business recently disclosed a massive price increase. The following are the new prices, which take effect right away:
A representative of an Al-Haj Proton dealership in Islamabad recently disclosed that the business will begin accepting reservations at new rates.
On Pakistani roads Proton automobiles are still a rare sight. It is unknown if this is because to sluggish manufacturing, sales, or a lack of demand.
Even while the situation is less than ideal, it is nonetheless encouraging to see that the Malaysian automaker is getting an opportunity to compete.
To read our blog on “Proton will raise their cars prices soon,” click here.
