Another car manufacturer has decided to follow the example and raise prices for cars and vehicles.

Al-Haj FAW has again raised the prices of the entire line-up for the third time this year. The company already increased prices in its products in March of this year, referring to a weaker rupee.

Only a few days after the recent price rises of Pak Suzuki and other car manufacturers, Al-Haj FAW has also announced its own price changes to compensate for the rising import costs

The company has already issued announcements to its dealers across the country and informed them about the new prices that are now in force.

View the new prices:

FAW model	Variant	Old price (Rs.)	New price (Rs.)
X-PV	Standard	919000	944000
	Dual AC	969000	994000
	W / O Rear Seat	949000	974000
taker	Standard	819000	844000
	Flatbed	809,000	834000
	Deckless	799000	824000
	Increase for AC	41000	45000
V2	M / T	1154000	1179000

Their circular reads:

The prices of all FAW vehicles are subject to change without notice and the prices apply at the time of delivery apply if the rates of existing duties / taxes are increased or new duties / taxes are levied by the government. would be paid by the customer prior to the delivery of the vehicles.

Devaluation of Rupee

Al-Haj FAW is the second company to announce a third price increase for the year, following Pak Suzuki, and other companies, including Honda Pakistan and Toyota Indus, will most likely soon raise prices

Like the rest of the car manufacturers, FAW says that their recent price changes have been made in response to the declining value of the rupee. Since these companies rely heavily on non-localized imported components, any fluctuations in the foreign reserves significantly affect their import costs for important materials.

For more information on how these new costs work and whether these price increases are justified, view our detailed analysis here.