auto industry

Claims used vehicle imports caused Rs45b loss to industry, economy

Import of an average of 3,000 used cars per month is currently pushing growth of local industry into negative

PAMA’s Khan says import of used vehicles has increased by staggering 641% this year

Firms compelled to reduce margins, navigate taxes, inflation to bolster sales

Decrease in inflation, interest rates, new govt fuel hope for growth

Despite YoY decline, sales reach highest level in eleven months

Local companies pivot to new products to curb imports, build economic resilience

Stable prices, reduced interest rates forecasted to drive demand

Embrace car export boom by operating own vehicle carriers

Inflation struggles, plant closures, and export successes shape complex year

IMC says imports at time of low forex reserves beyond comprehension

Increase in raw material prices, cost of shipping goods will lead to rise in automobiles prices

Report sees 17% rise in demand for cars next year

Analysts expect low interest rate, improving economic cues to boost car demand

Lower interest rate, easing lockdown helps boost sales on month-on-month basis

Shares in BMW fell 3%

Double down on plan to cooperate on car production to save costs

Association of Pakistan Motorcycle Assemblers say lower taxes will increase economic activity in next 10 months

Car sales fall 52% in 10MFY20 to 98,449 units

Volkswagen resumes production amid uncertain demand

Industry set to receive huge blow due to plant closures, suffer more losses

Officials say it will be country’s most affordable variant in 800cc category

Cites technological improvements as reason behind increase

Fall attributed to sluggish demand caused by high car prices, exorbitant lending rate

Pakistan's auto industry on bumpy ride due to depreciation of rupee against US dollar and a high interest rate

Economy can leap forward with
focus on auto and
housing sectors

Company setting up manufacturing facility in Faisalabad with annual capacity of 15,000 cars

Price hike to make up for falling revenue; Pak Suzuki also raises bike prices

High-end vehicle model will cost Rs5.55 million from Oct 1

Assures dealers issues will be raised at federal level

Withdraws summary seeking cabinet's approval to lower sales tax liabilities for auto sector

Downward trend comes on back of rupee devaluation, slowdown in economy

Demand solution to problems related to different taxation measures and imported vehicles

Say meeting on the issue will be held next week, warn govt of industry closure

Industry body calls on authorities to implement govt guidelines

Sales dip 42% to 12,482 units in July 2019

Say focus should be on local industry as vehicles are not primary cause of pollution

Says it will cause damage to local auto parts manufacturing industry

Fall comes due to interest rate hike, rupee depreciation

Raises prices by Rs30,000 per unit, experts attribute it to rupee fall

Company official laments local manufacturers have only 20% market share

Pakistan’s auto policy has seen too many ups and downs

Plans to study hydrogen, green technologies to ease environmental problems

Govt, industry agree to initiate crackdown on vehicle dealers

Previous and new govts have made 14 changes since ADP 2016-21 announcement

Slowdown in economy cited as reason for slow growth

At present, annual exports stand at only $70 million

Used car imports decline 43.6% to $156m in first half of FY19

Company may introduce Alto 660cc as an alternative

Company says it is not possible to maintain current rates considering rupee devaluation