Car importers fault KRA's new car valuation, says will cripple the industry

A Car Carrier, "MV Morning Calm" at the port of Mombasa. Traders are struggling to make sales because of reduced buyer purchasing power. [FILE]

The Car Importers Association of Kenya (CIAK) has rejected the proposed revision of the retail selling prices of imported used motor vehicles by the government.

The Automotive sector representative has said that the revision sets ground for unjustified and steep increase in showroom prices of motor vehicles.

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