Govt. Needs to Give Incentives or People Should Stop Dreaming About New Cars: Pak-Suzuki

Web Desk

24 Oct 2016

Pakistan’s biggest auto-manufacturer, Pak-Suzuki has denied any future plans to introduce new (model) cars in Pakistan. The company’s stance is pro-active in receiving the same incentives, as new auto-manufacturers in the new five-year Auto-Policy 2016-21.

Speaking to the Express Tribune, a spokesperson of the company has denied company’s announcement on local production or introduction of any new car. He also elaborated that introduction (launch) of Suzuki Celerio might not be possible till March, 2017. He further added that, the company is adamant for amendments in new auto policy and in this situation, the company has sent some of its recommendations to Government. However, the Government has not replied back on these recommendations so far.

Also Read: Suzuki And Toyota Share Prices Drop As The Big Three Express Disappointment At The New Auto Policy

It should be noted that the members of Senate Standing Committee on Industries and Production visited the Pak-Suzuki’ manufacturing plant and had meetings with higher-ups of the company. And in this meeting, the company officials expressed their plans to replace Suzuki Cultus with Suzuki Celerio in 2017 and Suzuki Mehran with Suzuki Alto 660cc in 2018. Furthermore, plans to introduce the imported 1300cc SUV Suzuki Vitara in near future, were also expressed.

More importantly, to encourage new auto-manufacturers in Pakistan, the Government has added incentives in new auto-policy for 2016-2021. And due to these incentives, local auto manufacturers like Pak-Suzuki, Toyota Indus and Honda Atlas have expressed their concerns at various occasions on this development. However, in this whole situation, Pak-Suzuki manages to take the lead. The company has also tried to threaten the Government by moving its assets off-shores on quite a few occasions.