Used car imports have once again come under the radar of the local auto industry & its stakeholders. Auto sector …

The post Vendors Laments Used Car Imports- Again! first appeared on CarSpiritPK and is written by UsmanAnsari.

The auto sector is suffering badly as a result of weak demand and supply chain interruptions that are damaging the …

The post Disruptions and Low Volumes Hit Auto Part Makers Hard first appeared on CarSpiritPK and is written by News Desk.

We often discuss how the local assemblers are negatively impacted by the market slowdown and deteriorating sales trend. The difficult …

The post How Small Auto Part Makers Are Surviving the Crunch first appeared on CarSpiritPK and is written by UsmanAnsari.

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 post The Critical Auto Parts Makers Crisis in Pakistan first appeared on CarSpiritPK and is written by Rubab Xahra.

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.

The post PAAPAM Says Auto Industry Might Shut Down Permanently first appeared on CarSpiritPK and is written by News Desk.

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.

The post Dismal Future of the Auto Sector of Pakistan first appeared on CarSpiritPK and is written by UsmanAnsari.

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).

The post Import of Automobile Parts Nosedived in Q3, 2022 first appeared on CarSpiritPK and is written by UsmanAnsari.

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.

The post Vendors Want 51% Increase in Quota for Import of CKD Parts first appeared on CarSpiritPK and is written by UsmanAnsari.

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.

The post Shortage of Suzuki Car Mirrors Reflects Sri Lanka’s Growing Economic Crisis first appeared on CarSpiritPK and is written by UsmanAnsari.

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.

The post Auto Parts Manufacturers Seek Cut in Duties first appeared on CarSpiritPK and is written by UsmanAnsari.