Pakistan's Trusted Automobile Blog
If the government authorities are serious to benefit the end consumers, they can consider introducing the ‘escrow’ mechanism which will make the booking procedure of new cars much more transparent.
Escrow System in Car Purchasing is the Need of the Day Read More
In startling revelations, the government has imposed up to 500% more taxes on imported cars to protect the local car assemblers from foreign competition. In return, however, the assemblers have passed on the agony by overcharging consumers and delaying deliveries for up to one year.
500% More Taxes on Imported Cars to Protect the Local Assemblers Read More
Not so long ago, Pakistan was planning to enhance its annual automobile production from the existing 250,000 units to about 1 million units over the next 5 years. But even before the flight to achieve that dream could take off, the local auto industry was hit hard by the recent import restrictions by the State Bank which badly exposed the high localization claims made by the local assemblers. Even the production of decade-old vehicles has been hampered due to lack of sufficient localization achieved during all these years.
Anticipation of 1 Million Units & the Sudden Brake Read More
There are almost a dozen affordable cars in South Africa (priced below ZAR 200,000 or PKR 24.0 lac) versus just 1 mass-produced option in Pakistan
Almost a Dozen Affordable Cars in South Africa Vs Just 1 in Pakistan Read More
Sales of locally assembled cars including those reported by companies that aren’t members of the Pakistan Automotive Manufacturers Association (PAMA), dropped by 51% on a year-on-year basis amid escalating prices, expensive auto financing, and low purchasing power of consumers.
Sales of Local Assembled Cars Crash Amid Escalating Prices Read More
Why cars never tend to depreciate in Pakistan?
Used Cars Never Depreciate in Pakistan Read More
Astonishingly, there are around 17 globally retired cars currently being sold in Pakistan as ‘new’.
More Than 17 Obsolete Cars on Sale in Pakistan Read More
Time and time journalists & researchers have pointed out the malpractices in the auto sector, especially regarding the on-money (own/ premium). During all these years, policymakers made some cosmetic measures to show they are serious to curb this menace, but no concrete measure has ever been taken to tackle the devil.
Policymakers’ Love With the On-Money Devil Read More
Pakistan remains the only country where the obsolete 4th gen Sportage is still being assembled.
Pakistan is the Only Place Where Old Sportage is Still Assembled Read More
It is expected that the output figures of locally assembled automobiles are going to remain significantly lower in future and assemblers will continue to observe non-production days till the import restrictions are lifted. How the industry is going to survive in these tough times with the absence of Plan B, is something we will have to watch out for.
Road Isn’t Going to be Easy for Local Assemblers Read More