KARACHI: Auto sector analysts described the federal budget for 2024-2025 as a faux pas and called for a 24-year sustainable policy for all industries, including the...
ISLAMABAD – Indus Motor Company’s (IMC) Chief Executive Officer (CEO) Ali Asghar Jamali has stressed the need to increase taxes on used imported cars to support...
ISLAMABAD: The auto industry has sought government’s protection through tightening restrictions on the import of used cars in the upcoming budget for fiscal year 2024-25. Background...
KARACHI: In the financial year 2024 (from July to April), passenger auto sales witnessed a significant decline to 62,962 units, marking a staggering 29% decrease. This...
LAHORE: The local auto industry has urged the new government to promptly implement measures to support the sector and restore investor confidence in Pakistan. “Currently, as...
KARACHI: Secretary General of the Pakistan Automotive Manufacturers Association (PAMA), Abdul Waheed Khan has urged the government to support the local auto industry amid rising concerns...
KARACHI: Auto experts state that a combination of factors, including weakened purchasing power, heavy taxation, rampant inflation, and currency devaluation, has compelled auto companies to slash...