Auto industry

In 2023, the auto sector in Pakistan faced a tumultuous period marked by economic and political upheavals. Burgeoning inflation took a toll on consumer demand, causing a ripple effect on car prices and…

The car industry in Pakistan has been facing immense challenges due to rampant inflation and relentless economic instability. However, amidst these turbulent times, the SUV and pickup truck segments have…

Due to inflation and dismal economic conditions in the country, the sales of cars, SUVs, pickups, and jeeps in the 7 months of Fiscal Year 2023 have dropped by 40 percent to 94,296 units. According to…

The Pakistan auto industry is in jeopardy due to the shortage of dollars and restrictions on imports. The Pakistani industry has come to a standstill, and the future doesn’t look bright either. Former…

The annual budget 2022-23 is still under discussion as the government is taking measures to stabilize the country’s economy. This morning, Prime Minister Shahbaz Sharif chaired a meeting with the economic team…

The government today presented the fiscal budget 2022-23. Finance Minister Miftah Ismail shared the details in the National Assembly. For auto industry, the government announced following steps and policies.…

Today is the day when the federal government is going to announce the fiscal budget 2022-23. As per reports, the National Assembly session will commence at 4pm and then Finance Minister Miftah Ismail will…

The new policy by the federal government, which has made prior approval from the State Bank of Pakistan (SBP) for the goods essential, has created serious hurdles for the auto industry. As per details, this…

The COVID-19 pandemic has ravaged the global auto industry, and it seems that the impact will be a long-lasting one. According to a report by the international news agency, AP News,  the auto prices in the…

Ever since the development of the new auto policy is under construction, the public has one question and one question only. Will the car prices go down? Everyone’s been waiting for the auto industry…

Pakistan Automobile Manufacturers Association (PAMA) has expressed complete displeasure over Fiscal Budget 2020-21. The association believes that the government did not present any proposal to reduce…

The local car manufacturers came under fire in the Senate on the issue of not putting manufactured vehicles through necessary checks and the lack of safety in the locally manufactured cars reports a local media…

Major stakeholders of the auto industry in Pakistan met recently to pan out a plan to save this struggling sector of the economy. Representatives of Pakistan Automotive Manufacturers Association (PAMA) and…

The federal government has devised a plan to end the illegal business of ‘ON money’ or car premium on the purchase of new cars. According to this plan, several car dealers demanding ‘ON money’ for early…

After the issuance of SRO 1067(1)/2017 last year, the local automobile market still is in a frenzied state. Local importers are criticising the government and are demanding to withdraw its policy. However, on…