Automobile manufacturers asked to reduce car prices

03 Apr, 2005

National Assembly's Standing Committee on Production has asked automobile manufacturers to reduce the prices of cars to bring them within the reach of the ordinary consumers and added to enhance production capacity to met the gap between demand and supply and to ensure timely delivery of cars. The Committee, which met here under the chairmanship of Malik Niaz Ahmed Jakhar in Parliament House on Friday, further recommended that government should revise the duty structure of cars so as to reduce car prices.
Earlier, the Minister for Industries and Production and Special Initiative informed the committee that government was holding negotiations with other car manufacturers to set up a plant in Pakistan to plug the gap between demand and supply.
The committee also recommended that registration of car should be mandatory in the name of the person who had originally booked the car. The committee also asked CBR to devise a mechanism to restrict individual not to book more than one car during a calendar year.
The committee was briefed by the representatives of different car manufacturing companies about the problems faced by the industry in early delivery of cars and steps taken to increase production capacity to meet the gap between demand and supply.
The meeting attended by Jahangir Khan Tareen, Minister for Industries, Production and Special Initiatives, MNAs Saeed Ch, Malik Mohammad Saifullah Khan Tiwana, Professor Khalid Wahab, Sher Mohammad, Pir Syed Fazal Shah Jeelani and Asadullah Bhutto.

Read Comments