Pakistan's Trusted Automobile Blog
Local automobile sector which is going through the gloomiest period ever has demanded the government to reduce the taxes in order to help revive the ailing auto industry which was already battling with nose-diving sales & is now hit hard by the COVID-19 pandemic.
Auto Sector Demands Tax Reduction Read More
Pakistan Automobile Manufacturers Association (PAMA) has shown displeasure over the absence of supportive measures in the recently announced Financial Budget 2020-21 where the government has literally shown a cold shoulder to the auto industry.
Future of Auto Industry with No Government Support Read More
Pakistan Automobile Manufacturers Association (PAMA) is displeased over the absence of measures to bring down the cost of production or to enhance vehicle sales in the recently announced Financial Budget 2020-21.
PAMA Displeased with Budget 2020-21 Read More
Local auto assemblers have once again expressed serious concerns regarding the proposed relaxation on import of used cars as importers of used cars are reportedly lobbying for relaxation in import policy.
Local Assemblers Again Show Reservations on Import of Used Cars Read More
The tussle between two premier bodies of auto sector – Pakistan Automotive Manufacturers Association (PAMA) and Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM) has intensified on facts, figures and the impact of Statuary Regulatory Orders (SROs).
Tussle Between PAMA and PAAPAM Intensifies Read More
Auto vendors have warned that they would lay off 20% workers besides not paying April and May salaries to the employees in case assembling of vehicles in the country continues to remain shut for more months.
Auto Vendors Warn Layoffs and Salary Cuts Amid COVID-19 Lockdowns Read More
Adviser to PM on Climate Change Malik Amin Aslam refuted the news of EV policy being rejected by EDB & MoIP. He said there was no new policy to be drafted again by the ministry, rather the earlier draft approved by the federal cabinet would be revised with further amendments redressing the concerns of the representatives of Pakistan Automotive Manufacturers Association (PAMA) and Pakistan Association of Auto Parts and Accessories Manufacturers (PAAPAM).
EV Policy- Tug of War Between 2 Ministries Read More
For the first time in 15 years, auto parts vendors have finally spoken out against local vehicle assemblers over low localization and high prices.
Auto Parts Vendors Criticize Assemblers for Low Localization & Higher Prices Read More
Slowdown in the auto sector has led to a 27% decline in overall import of completely- and semi-knocked kits (CKD/SKD) to $261 million in first quarter of the current fiscal year.
CKD/SKD Imports Declined by 27% Read More
Despite achieving up to 70% localization, the auto industry remains highly vulnerable to exchange rate fluctuations. Perhaps it’s time we just give up on the dream of having a thriving traditional automobile industry and focus towards electric vehicles, since the world is already shifting to EVs.
Low Localization and the Need to Shift to EVs Read More