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بوابة الشروق
Source: بوابة الشروق
1 Dayبوابة الشروق
Source: بوابة الشروق
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Khaled Saad, secretary-general of the Association of Automobile Manufacturers, said that limited supply and the rising price of the dollar were behind the increase in car prices. He noted a sharp decline in imports of fully built cars compared with last year, along with limited stock that had led to waiting lists. Locally assembled cars were affected to a lesser extent, he added, with local components accounting for as much as 45% of some models and the remaining components being imported. He also condemned the practice of “overpricing,” which he linked to rising demand and dwindling supply.
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