Comments on: Govt Asks Automakers to Justify Price Hikes https://carspiritpk.com/govt-asks-automakers-to-justify-price-hikes/?utm_source=rss&utm_medium=rss&utm_campaign=govt-asks-automakers-to-justify-price-hikes Pakistan's Trusted Automobile Blog Fri, 01 Apr 2022 11:14:58 +0000 hourly 1 https://wordpress.org/?v=6.7.2 By: Imran https://carspiritpk.com/govt-asks-automakers-to-justify-price-hikes/#comment-9797 Fri, 01 Apr 2022 11:14:58 +0000 https://carspiritpk.com/?p=50968#comment-9797 Every time they increase, its like government saying”ib k kr k dikha”

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By: Ali Khan https://carspiritpk.com/govt-asks-automakers-to-justify-price-hikes/#comment-9794 Fri, 01 Apr 2022 10:23:03 +0000 https://carspiritpk.com/?p=50968#comment-9794 🤯🤯 <span>What the hell are they smoking?!!</span> <span>73% localization?!! How then can you explain such high import bills generated by the local assemblers? Even before the addition of the new assemblers, the old three were generating import bills that put the JDM used car import bills to shame. In FY 2017-2018 the last full fiscal year before the import schemes were limited by the current government, the import bill for the assembly parts for new cars by our original three assemblers stood at around 810 million USD. The import of used JDMS for that same year stood at around 458 million USD total. Compare those figures, which is worse?! After that, in each consecutive FY, the import bill for the local assemblers has only increased. Now, parts imported by the local assemblers are at almost 1.8 billion USD! Yet they are hailed as such big contributors to the economy?!! </span> <span>Used cars and JDM used cars Imports are also a very very big contributor to generating auto industry jobs. If that were not true, places like shobah bazzar Peshawar, sultan ka kho in Pindi/Islamabad or Bilal gunj in Lahore etc. would not exist. Such big car markets exist in almost all cities in Pakistan, catering to the used market primarily. Not only for cars, but such markets are there for two and three wheelers as well. Such markets are the biggest job creators, bar none!.</span> <span>The only thing our local assemblers generate is propaganda, false statistics and controlling the government's opinions. And we have incompetents sitting in useless committees who have no power to even do their own investigations.</span>]]> “According to a working paper of the ministry, the automotive sector’s production accounts for 3% of the country’s GDP. It employs 500,000 people and generates 2.4 million indirect jobs. It said Pakistan had achieved up to 73% localization in cars and light commercial vehicles (LCVs), 90% localization in tractors and 94% in motorcycles.”

WOW!!! 🤯🤯🤯

What the hell are they smoking?!!

73% localization?!! How then can you explain such high import bills generated by the local assemblers? Even before the addition of the new assemblers, the old three were generating import bills that put the JDM used car import bills to shame. In FY 2017-2018 the last full fiscal year before the import schemes were limited by the current government, the import bill for the assembly parts for new cars by our original three assemblers stood at around 810 million USD. The import of used JDMS for that same year stood at around 458 million USD total. Compare those figures, which is worse?! After that, in each consecutive FY, the import bill for the local assemblers has only increased. Now, parts imported by the local assemblers are at almost 1.8 billion USD! Yet they are hailed as such big contributors to the economy?!!

Used cars and JDM used cars Imports are also a very very big contributor to generating auto industry jobs. If that were not true, places like shobah bazzar Peshawar, sultan ka kho in Pindi/Islamabad or Bilal gunj in Lahore etc. would not exist. Such big car markets exist in almost all cities in Pakistan, catering to the used market primarily. Not only for cars, but such markets are there for two and three wheelers as well. Such markets are the biggest job creators, bar none!.

The only thing our local assemblers generate is propaganda, false statistics and controlling the government’s opinions. And we have incompetents sitting in useless committees who have no power to even do their own investigations.

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By: ABID REHMAN https://carspiritpk.com/govt-asks-automakers-to-justify-price-hikes/#comment-9791 Fri, 01 Apr 2022 07:14:02 +0000 https://carspiritpk.com/?p=50968#comment-9791 Good initiative and should be publish report to Pakistani Consumer because they always makes fools

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By: سچاسودا https://carspiritpk.com/govt-asks-automakers-to-justify-price-hikes/#comment-9786 Fri, 01 Apr 2022 04:35:59 +0000 https://carspiritpk.com/?p=50968#comment-9786 In reply to Moeez.

but PAC actions are quite contrary to it 😛

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By: Khurram https://carspiritpk.com/govt-asks-automakers-to-justify-price-hikes/#comment-9785 Fri, 01 Apr 2022 04:15:30 +0000 https://carspiritpk.com/?p=50968#comment-9785 I think the article should not have used an image of the poor child because children are pure, in contrast, neither Pakistani government, nor Pakistani public engaged in automobile sector, and companies have that quality. In fact, the hearts of most of all these people are as shameless as a *****.

Mod edit: inappropriate words removed

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By: Moeez https://carspiritpk.com/govt-asks-automakers-to-justify-price-hikes/#comment-9784 Thu, 31 Mar 2022 22:41:40 +0000 https://carspiritpk.com/?p=50968#comment-9784 your cover image selection is very precise 🙂

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