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LOCALLY-ASSEMBLED cars are on display at a showroom. File photo
ISLAMABAD: The Federal Cabinet has directed the Ministry of Industries to inquire into the production capacity of existing car makers, alleging that they have failed to increase their output as per the market demand resulting in overcharging and increase in prices of locally-assembled cars.
The minutes of the meeting held on Tuesday (Dec 29) stated that the “the cabinet directed the Minister of Industries and Production to look into the reasons as to why the foreign automobile manufacturers in Pakistan defaulted on indigenisation of motor vehicle manufacturing through deletion programme and make a presentation to the cabinet.”