Tuesday, 12 July 2011

Car sales fight the tide rise 3.2%,karachi

car sales managed to crawl up despite natural calamities making the ride bumpy in the outgoing financial year.
sales rose 3.2 % to stand at 127,944 units in the fiscal 2011 against 123,957 units sold in the preceding year.The budget,announced on june 3rd,removed special excise duty & decreased Gst on car sales to 16% from 17% this will lead to cars prices falling approx 2 to 3 % & improving sales.

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