Toyota's local partner eyes used car imports

The government's new vehicle electrification and liberalised import policy has prompted Indus Motor Company (IMC) – the local assembler of (Japanese auto giant) Toyota vehicles – to explore commercial import of used cars in Pakistan. The move follows a surge in imported vehicles under gift, transfer of residence, and baggage schemes, which continue to pressure sales of locally assembled cars. According to company sources, IMC has approached the Engineering Development Board (EDB) seeking clarity on procedural requirements, documentation, and compliance steps to initiate commercial imports under the newly announced framework.

In its correspondence, the company said that while its core focus remains on sustaining and expanding local CKD (Completely Knocked Down) operations, which create jobs, enhance localisation, and add national value, the prevailing policy environment has forced it to consider commercial imports of used vehicles. IMC noted that its nationwide network of 58 dealerships, staffed with trained technicians and engineers, is capable of maintaining aftersales service standards and customer satisfaction even in the used car segment.

The company also reaffirmed its commitment to fully comply with regulatory obligations and sought EDB guidance for a transparent procedural roadmap.

This development follows the Ministry of Commerce's SRO 1895(I)/2025, issued on June 30, which allows commercial import of used vehicles under HS Codes 8702, 8703, 8704, and 8711. The move marks a significant policy shift in Pakistan's automotive landscape, potentially altering the market dynamics between local assemblers and imported car dealers.