Currency fluctuations wield significant influence over the automotive industry in Pakistan, with the value of the Pakistani rupee against major currencies like the US dollar and Japanese yen shaping new car prices. From imported components to consumer purchasing power, the effects of currency volatility permeate every aspect of the market. Manufacturers navigate increased production costs, while consumers contend with higher prices for both domestically produced and imported vehicles. Government policies, competitive dynamics, and long-term investment decisions are also intricately intertwined with currency movements, further shaping the landscape of the automotive market in Pakistan. Understanding these dynamics is crucial for stakeholders to anticipate changes in car prices and make informed decisions in an ever-evolving market environment. Read More
