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Tag Archives: Auto assemblers flexing muscles for another price hike

Auto assemblers flexing muscles for another price hike


May 15, 2021

KARACHI: As the auto assemblers anticipate jump in vehicle prices on account of spiralling raw material prices on world markets, another cost pressure has emerged following removal of export tax rebate by China on 146 kinds of steel products from May 1, 2021. At the analyst briefing held last week, Pak Suzuki Motor Company Ltd (PSMCL) and Indus Motor Company …

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