Kia Releases Price Increase Due to Capital Value Tax
Lucky Motor Corporation Limited (LMCL) has issued a press release clarifying price hike rumours circulating in the media. According to the official statement, the company made no changes to the ex-factory prices of its vehicles. However, following the enactment of a 1 percent capital value tax (CVT) on cars with engines larger than 1300cc, the … Read more