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    <language>en-Us</language>
    <copyright>Copyright 2026</copyright>
    <pubDate>Tue, 07 Apr 2026 16:13:19 +0500</pubDate>
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      <title>Oil prices forcing people to get rid of vehicles</title>
      <link>https://english.aaj.tv/news/30312377/oil-prices-forcing-people-to-get-rid-of-vehicles</link>
      <description>&lt;p&gt;&lt;strong&gt;With petroleum prices continuously rising, people across Pakistan are being forced to sell their vehicles.&lt;/strong&gt;&lt;/p&gt;
&lt;p&gt;Car dealers say that the ban shortage of dollars in the country has severely affected the import of vehicles and business has almost become non-existent.&lt;/p&gt;
&lt;p&gt;Dealers told Aaj TV that dozens of dealerships and showrooms have been foced to closed and eight to 10 people come in trying to sell their car everyday.&lt;/p&gt;
&lt;p&gt;Many car dealers also say that the ban on opening letters of credit (LCs) has bought car production in the country to a halt. This has also forced car sales to near zero levels.&lt;/p&gt;
&lt;p&gt;According to statistics, there were 10,836 vehicles manufactured in the 1,000 cc category while only 10,126 were sold.&lt;/p&gt;
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      <content:encoded xmlns="http://purl.org/rss/1.0/modules/content/"><![CDATA[<p><strong>With petroleum prices continuously rising, people across Pakistan are being forced to sell their vehicles.</strong></p>
<p>Car dealers say that the ban shortage of dollars in the country has severely affected the import of vehicles and business has almost become non-existent.</p>
<p>Dealers told Aaj TV that dozens of dealerships and showrooms have been foced to closed and eight to 10 people come in trying to sell their car everyday.</p>
<p>Many car dealers also say that the ban on opening letters of credit (LCs) has bought car production in the country to a halt. This has also forced car sales to near zero levels.</p>
<p>According to statistics, there were 10,836 vehicles manufactured in the 1,000 cc category while only 10,126 were sold.</p>
]]></content:encoded>
      <category>Business &amp; Economy</category>
      <guid>https://english.aaj.tv/news/30312377</guid>
      <pubDate>Wed, 15 Feb 2023 10:26:33 +0500</pubDate>
      <author>none@none.com (Syed Safdar Abbas)</author>
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