Tag Archives: Automakers expect a bumpy ride ahead

Following a drop of up to 72 per cent in automobile sales in the first half of 2019-20, stakeholders in the auto sector say dark clouds will likely continue hovering over the sector in January-June. Issues like high prices on account of the federal excise duty ranging from 2.5pc to 7.5pc on engines of different horsepower, additional customs duty on …

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