Govt. Dismisses Audi’ Plan to Enter Pakistan

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In a recent development Board of Investment has turned down -Germany’ Premiere Auto Manufacturer- Audi’ investment plan.

Chairman BOI, Shah Jahan Shah remarked, ‘Audi representatives visited Pakistan and wanted to invest in MKD (medium knocked down) model with only vehicle assembly in Pakistan. It is against the current auto policy,’ to a group of journalists on Tuesday (March 28, 2017).

‘Although we encourage new entrants, our primary goal is to ensure the growth and strength of Pakistan’ vendor base and dealer network, besides creating employment.’

The rationale behind this new Auto Policy 2016 is to tackle the bad emission standards, promotion of local investment, besides discouraging the booking of cars against full payments with delivery dates extending as far as six months.

Sources report that the Audi Representatives have been conveyed to come up with a fresh proposal while considering key points of the new Auto Policy 2016. Considering the government’ rigid stance on this auto policy, it should not come as a massive surprise that Shah is hailing this policy as the reflection of consumer welfare and a catalyst for quality improvement & enhancement in safety standards.

(This news was originally published in The Express Tribune)

 

  • Ali

    Awesome !

  • Waleed Ahmed

    & why is that? :/

  • Waleed Ahmed

    Huh! Consumer welfare, It more Seems like Ganjaa Saahib & his looteron ka tola didn’t got the Profit cut they were expecting from audi, I like to say in urdu
    “Masaan Masaan Khuda kr k koi achi co. nay anay ki khuwahish zaahir ki or ye isko bhi barbaad krnay pr tull gaiye hain, yarr in logon ka lalach kab khatam ho ga?? :@ “

  • I.W.A

    Let’s take a moment to assess this situation rationally. Now, I’m not familiar with the chairman of BOI and his background, but I think with the reason he stated, it was a wise decision. Too many people are buying too many cars these days and consequently, there are some really lengthy waiting lists at almost every single dealership across Karachi at least, can’t say for the rest of Pakistan. The last thing we need under these circumstances is another dealer.

  • Salman Ahmed

    Audi itself had said that locally assembling the cars will only bring the price of entry level models down to 3 lakh while for higher end models down to 5 lakh . I personally would prefer German made cars rather then local assembly cars just for saving 3 lakh .if you are more price conscious then Audi is not for u

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