Auto Policy

Says availability of cars at affordable rates is top priority

10 new brands and companies have been invited to the country

Duty on charging stations for environment-friendly vehicles removed

Indus Motor CEO states industry has paid Rs1.5 billion to customers for late delivery

Industries minister says auto policy should continue to attract foreign companies to Pakistan

Pakistan in March announced a new auto policy that favours potential new entrants over existing manufacturers

Instead of import substitution, country should move to export-led strategy

Government took current players by surprise, carmakers voice mixed opinions

Though policy woos new players, it seems difficult to implement

Appreciating the policy, he termed it a good step by the government, which will protect the local consumers

PAAPAM complains entire focus is on new entrants

Plan is to attract new entrants in industry, adds water and power minister

The three existing carmakers are not going to be too happy with measures taken under new auto policy

Existing three car assemblers will not be entitled to the concessions

FBR opposes similar incentives to existing players as considered for new entrants

He said the delay was making investors reluctant as the policy has remained pending since 2011

Says it favours local assemblers and penalises used cars segment

Consistent long-term policy a must to become competitive, says analyst

Government should benchmark policies with successful countries, abandon outdated measures

Amid govt’s intention to allow import, local industry willing to discuss issue.

Dar directs law secretary to review legal aspects, calls for taking people’s input

Government opposes import of used cars on a commercial basis to protect local assemblers

Government opposes import of used cars on a commercial basis to protect local assemblers

“The automobile industry has been selling low quality cars to masses on inflated rates,” he said

Manufacturers required to comply with international safety standards