Automakers continues to exploit consumers: PEWOctober 31, 2015
Karachi: The Pakistan Economy Watch (PEW) on Sunday said automakers continue to exploit masses since decades by providing substandard vehicles on inflated rates.
The authorities prefer to ignore the plunder in the name of protecting local industry which is abused of the rights of consumers, said Dr. Murtaza Mughal, President PEW.
Government continues to discourage fair competition in the auto sector which has stopped the development of auto assemblers in Pakistan, he added.
Dr. Murtaza Mughal said that auto assemblers are left with no incentive to invest in research and development, introduce new technology, or change primitive engines which is the reason that a decade oil cars in other countries are better than newly introduced models in Pakistan.
All auto assemblers do is to modify the body a little and introduce it as new model which amounts to cheating masses.
Dr. Murtaza Mughal said that world is moving fast towards electric and hybrid cars while Google has recently introduced steering less car while Pakistan is still using outdated technology which consumes more fuel, emit more pollution and need frequent repairs.
Unnecessary protection of auto industry must be reconsidered and barriers on import and export should be lifted to force local industry to improve quality and cut price which will stop victimisation of masses.