Banks asked to reduce charges
This was very prudent of the QCB to do this but if you wish for price control to have a more profound effect then please force the auto dealers to fix costs on their services and parts at the auto service centers.
Sorry but 400 - 600% percent markup is just insane for parts. The cost of simple repairs on your car is just getting comical here in Qatar. Here is a perfect example of how a monopoly takes advantage of consumers and why
competition should be allowed in the parts sector. There are plenty of good parts manufacturers for all cars. NAPA, AC/Delco, Fram parts to name a few. Dealers should be forced to charge no more than
%100 percent and even that is extremely generous.