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Tag: auto parts

IKO Automotive Gallery 281172483
General / Opinions

The Critical Auto Parts Makers Crisis in Pakistan

June 16, 2023 - by Rubab Xahra - 1 Comment

In recent years, the auto industry of Pakistan has witnessed some unfavorable circumstances that have led to the slow but steady decline of the entire auto parts industry, creating a major crisis.

The Critical Auto Parts Makers Crisis in Pakistan Read More
News / Pakistan

PAAPAM Says Auto Industry Might Shut Down Permanently

April 17, 2023 - by News Desk - 1 Comment

Unless immediate countermeasures are taken to save the “mother of all industries”, a massive tragedy would unfold, as the entire auto parts industry would shut down permanently, leading to losses of millions of jobs, rollback of localization, and repatriation of foreign investments by all the automotive assemblers.

PAAPAM Says Auto Industry Might Shut Down Permanently Read More
auto sec
News / Opinions / Pakistan

Dismal Future of the Auto Sector of Pakistan

February 20, 2023 - by UsmanAnsari - 3 Comments.

After facing a 43% decline in sales, auto industry sector stakeholders believe that the next 6 months appear more challenging than the previous 7 months of the current fiscal year.

Dismal Future of the Auto Sector of Pakistan Read More
News / Pakistan

Import of Automobile Parts Nosedived in Q3, 2022

November 11, 2022 - by UsmanAnsari - 1 Comment

The import of auto parts plunged by 36.6% to $258 million in the July-September quarter from $407m in the same period last year in wake of restrictions imposed by the State Bank of Pakistan (SBP).

Import of Automobile Parts Nosedived in Q3, 2022 Read More
News / Pakistan

Vendors Want 51% Increase in Quota for Import of CKD Parts

September 17, 2022 - by UsmanAnsari - 11 Comments.

Auto part vendors have urged the State Bank of Pakistan (SBP) to increase their foreign exchange quota by 51% to $13 million a month from the current $8.59 million to avoid supply-chain disruption in the industry and streamline matters in line with the government’s policy.

Vendors Want 51% Increase in Quota for Import of CKD Parts Read More
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Interesting / International / News

Shortage of Suzuki Car Mirrors Reflects Sri Lanka’s Growing Economic Crisis

February 19, 2022 - by UsmanAnsari - 29 Comments.

Car spare parts dealers in Sri Lanka’s main city of Colombo are receiving a steady stream of customers looking for what is fast becoming a prized commodity in the island nation – the side mirrors of Suzuki Wagon R.

Shortage of Suzuki Car Mirrors Reflects Sri Lanka’s Growing Economic Crisis Read More
car plant
News / Pakistan

Auto Parts Manufacturers Seek Cut in Duties

August 18, 2021 - by UsmanAnsari - 1 Comment

Local auto parts manufacturers are demanding from the government, a waiver or reduction of Additional Custom Duties (ACD) on imports under SRO-655 in the Auto Policy 2021-26.

Auto Parts Manufacturers Seek Cut in Duties Read More
unhappy
News / Pakistan

Auto Parts Makers Unhappy with New Auto Policy

July 10, 2021July 11, 2021 - by UsmanAnsari - Leave a Comment

Chairman of Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM) Abdul Rehman Aizaz expressed surprise over the government decision …

Auto Parts Makers Unhappy with New Auto Policy Read More
auto parts park
News / Pakistan

Punjab to set up Auto Parts Technology Park

July 2, 2021 - by UsmanAnsari - 1 Comment

The government of Punjab is planning to set up Auto Parts Technology Park near Lahore in a bid to support the growing industrialization.

Punjab to set up Auto Parts Technology Park Read More
News / Pakistan

Pakistan And Belarus Outline Areas For Industrial Cooperation

February 27, 2017March 6, 2022 - by UsmanAnsari - Leave a Comment

Minister of Industries and Production Ghulam Murtaza Khan Jatoi and Ambassador of Belarus to Pakistan Andrei Yermolovich outlined the priority …

Pakistan And Belarus Outline Areas For Industrial Cooperation Read More

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