<Quote> invested heavily in capacity enhancement and developing local vendor industries </Unquote>

Hahahaha ROFL ROFL ROFL. The “Abdul Waheed Khan, Director General of the Pakistan Automotive Manufacturers Association (PAMA)” is such a comedian. Why doesn’t he perform stand-up on TV?

What capacity-building and what how developed are the local vendors? What is being produced here? State-of-the-art mechincal engines and gearboxes or state-of-the-art electronic ADAS or self-driving tech?

He brought a smile to my face. May Allah give him jannat-ul-firdous🤲🏼. Aameen!
My mood was low, now I’m feeling better. It is because of comical skits like this that the automotive sector is a cure of depression. Well its dual-natured beast, because of its incompetence it is the source of depression at the same time.

What enabling of the vendor industry?! 😕 Thirty years! how much exports have these locals achieved? The old three boast of 50% to 70% localization. Moroccan auto industry stands at around 60% localization and it is bringing in billions in export revenue to Morocco annually. HOW MUCH HAVE THIS LOT BROUGHT IN, IN THEIR THIRTY YEARS HERE?! 🤷‍♂️

People gladly pay taxes on used car imports. As it stands the spend on the cars is way less because the majority of the vehicles imported fall in the ‘accidented’ category. That means these vehicles are bought cheap from teir countries of origin and people here pay full taxes on them to get them registered here. That logically means tax collection on the used cars, in most cases, is higher than the purchase price, right?
FBR itself has admitted to the tax losses it took due to the curbs on imports during the PTI tenure. That should also be considered by these auto industry “pundits”.

““The traders facilitating these imports often evade taxes, resulting in a loss of revenue for the government. In contrast, the auto industry brings in foreign investment, facilitates technology transfer, creates jobs, and contributes significantly to the country’s economic growth.””

If they have evidence about this, why have they not presented it yet? Also, if that is the case and they knew this for a fact and they have been so far quite about it, doesn’t that make then accessory to this crime in the eyes of the law? 🤷‍♂️🤔🤣

And what technology transfer are they talking about? “how to keep a market locked up and force fed obsolete technology”? is that it? 🤣

Talk about “pot calling the kettle black”!

If these guys bring in export revenue good! they can stay. If not and they want to continue like this; We have to seriously ask the question, is their burdensome existence as net importers, who spend more dollars abroad than they ever pay as salaries or and taxes, is their business worth the effort to our troubled nation?