PAAPAM Laments Used Car Imports- Again!
PAAPAM has once again lambasted the rising imports of used cars in Pakistan during the current fiscal year. Abdul Rehman …
PAAPAM Laments Used Car Imports- Again! Read MoreTag: PAAPAM
Experts Want an Overhaul of the Auto Sector
Analysts and pundits in the automotive sector have urged policymakers to immediately implement a paradigm shift in order to revitalize …
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PAAPAM Urges Tax Cuts to Boost Local Manufacturing
Chairman of the Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) Abdul Rehman Aziz has stated that the government …
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Pak Suzuki to Explore Car and Component Exports
Hiroshi Kawamura, Chief Executive of Pak Suzuki Motor Company Limited, has stated the company plans to explore exporting automobiles and …
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PAAPAM and IAPMA Agree on Barter Trade
The Iranian Auto Parts Manufacturers Association (IAPMA) and the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) have announced …
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The Critical Auto Parts Makers Crisis in Pakistan
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.
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Thousands are Laid Off by Auto Industry as Sales Reach a Record Low
In recent months, Pakistan’s automotive industry has laid off thousands of workers as sales of automobiles and replacement parts have dropped massively due to a government prohibition on raw material imports, a significant depreciation of the currency, and surging inflation.
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PAAPAM-Hired Financial Firm Reveals Massive Discrepancies in Car Price Hikes
A renowned financial consultancy firm hired by the Pakistan Association of Parts and Accessories Manufacturers (PAAPAM) has revealed massive discrepancies in the price hikes made by the local auto assemblers.
PAAPAM-Hired Financial Firm Reveals Massive Discrepancies in Car Price Hikes Read MorePAAPAM Says Auto Industry Might Shut Down Permanently
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.
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Dismal Future of the Auto Sector of Pakistan
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.
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