PAAPAM has once again lambasted the rising imports of used cars in Pakistan during the current fiscal year. Abdul Rehman …

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

Analysts and pundits in the automotive sector have urged policymakers to immediately implement a paradigm shift in order to revitalize …

The post Experts Want an Overhaul of the Auto Sector first appeared on CarSpiritPK and is written by News Desk.

Chairman of the Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) Abdul Rehman Aziz has stated that the government …

The post PAAPAM Urges Tax Cuts to Boost Local Manufacturing first appeared on CarSpiritPK and is written by News Desk.

Hiroshi Kawamura, Chief Executive of Pak Suzuki Motor Company Limited, has stated the company plans to explore exporting automobiles and …

The post Pak Suzuki to Explore Car and Component Exports first appeared on CarSpiritPK and is written by News Desk.

The Iranian Auto Parts Manufacturers Association (IAPMA) and the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) have announced …

The post PAAPAM and IAPMA Agree on Barter Trade first appeared on CarSpiritPK and is written by News Desk.

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.

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.

The post Thousands are Laid Off by Auto Industry as Sales Reach a Record Low first appeared on CarSpiritPK and is written by UsmanAnsari.

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.

The post PAAPAM-Hired Financial Firm Reveals Massive Discrepancies in Car Price Hikes first appeared on CarSpiritPK and is written by UsmanAnsari.

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.