While hearing a case on prices of locally manufactured vehicles, the Lahore High Court (LHC) court has asked the government to level the prices of domestically assembled cars and also mitigate the ban on imported cars. The government had decided in principle to impose a temporary ban on the imported cars from Jan 2022 – June 2022 to help reduce the current account deficit .
On Monday, the LHC was hearing a case in which looked for strategy concerning fixing cost of locally assembled cars. The plaintiff said that the demand for locally manufactured cars had increased drastically ever since the government had banned the import or vehicles.
The plaintiff said that the government has failed in stabilising prices and the prices of cars are increasing daily. He pleaded to the court to make a decision regarding the fixing of prices of the vehicles and relaxing the ban.
The LHC has been pleaded to pass judgment regarding the fixing of the domestically manufactured vehicles and the ban on the import of vehicles should also be relaxed.