The Chinese Bike Assemblers increased their bike prices after US Dollar touches upto PKR 132/-. According to the Chinese bike assemblers raw material including steel and plastic also witness a sharp increase.
United Auto Industries has also increased its Auto Rickshaw Prices by PKR 15,000/- Similarly Atlas Honda Limited, had already increased its bike prices upto PKR 4,000/-. In addition to this the manufacturer of Hi Speed Motorcycle raised their prices upto PKR 7,000.
The Chairman Association of Pakistan Motorcycle Assemblers Mr. Sabir Shaikh requested government to reduce the sales tax from 17% to 10%.