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The state of automobile industry in Pakistan and the role of imported and used cars

  The automobile industry and the auto parts manufacturers in the country have been suffering greatly due to the inconsistency in import policies and the widespread import of used cars taking place in the country. Personal baggage schemes are being used by used car importers, which are meant only to help overseas Pakistanis to import their used cars into the country. A number of the cars being imported in this …

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11,000 used cars imported in 2012-13 hitting badly to domestic automobile industry

  The automobile industry is considered as the mother of engineering industry instrumental in building up all the developed economies to the current status. It is, however, unfortunate that the situation in Pakistan is quite different and instead of building up our own automobile industry, the policy makers have a visible leaning towards imports of used cars on the pretext of controlling price inflation in the automotive industry. In fact …

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Pakwheels: A premium portal and fast emerging online business in Pakistan

  If life was a long drive, it would be best driven by those who value each step taken on the journey. The same goes for those car enthusiasts who always look for a perfect automobile that suits their needs and lifestyle. Your car empowers you to reach a destination in a way, you want to go by, but also leads you to achieve self-actualization and, in simpler words, makes …

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Import of used cars — An unfair advantage at the cost of domestic industry

  PAMA submits proposals for budget 2015-16 The automobile industry which has developed sufficient capacity to cater to the needs of automobile market is experiencing the pinch of the unfair advantage being given to the importers of the used cars at the cost of the local industry. It is surprising that instead strengthening the base of the domestic auto industry that generates a huge number of job opportunities besides imparting …

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Balochistan automobile sector has promising outlook

  Development under Gwadar is likely to give support to this neglected market Pakistan automobile market witnessed a rapid growth and hefty expansion over the past decade, yet Balochistan could not see any development in auto and allied sector. The province was simply neglected and no plan was formulated for development of automobile industry. The present economic managers should take some practical measures to exploit the geo-strategic position of the …

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Automobile industry getting ready for more boom

  In Pakistan automobile market trend is enhancing and the next target for the country’s auto sector (2016 to 2021) was to attain the production benchmark of 0.5 million units per annum, which presently is half of it. Experts revealed that the potential investment of $46 billion by CPEC (China-Pakistan Economic Corridor) is a big opportunity for the automobile sector. The optimistic impact analysis of CPEC explains growth in infrastructure …

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