Recent Financial News in the 'auto-parts' category
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Tuesday, June 09 2026
Auto & Auto Parts Policy 2026-31: PAAPAM wants urgent discussions
The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has issued an urgent appeal to Prime Minister Mian Muhammad Shehbaz Sharif and Deputy Prime Minister Senator Mohammad Ishaq Dar, seeking an immediate hearing before the finalisation of the Auto & Auto Parts Policy 2026–31.
In a letter to the Deputy Prime Minister, PAAPAM stated that the auto-parts sector supports over 1.8 million livelihoods, contributes nearly 3 percent to the national GDP, and plays a key role in Large-Scale Manufacturing (LSM).
READ ALSO: Auto policy: Striking the right balance
Despite operating at an estimated 34 percent cost disadvantage compared to regional competitors—due to high energy tariffs, financing costs, logistics inefficiencies, taxes, and duties—the sector has achieved annual exports of around USD 200 million.
Related news categories:
auto-assembler
auto-parts
business
economic-indicators
psx
stock-exchanges
Wednesday, June 03 2026
Chinese firm eyes Pakistan’s energy storage market through Treet Battery partnership
Treet Battery Limited, a Pakistani battery maker, has signed a memorandum of understanding (MoU) with China’s Contemporary Nebula Technology Energy Co., Ltd. (CNTE), a company backed by global battery giant Contemporary Amperex Technology Co., Limited (CATL), to explore opportunities in Pakistan’s energy storage sector, including the potential introduction of advanced battery storage systems and future local assembly.
“The MoU establishes a framework for strategic cooperation between the two companies to explore long-term opportunities in the energy storage sector, with a focus on the Pakistan market,” read a statement.
Related news categories:
auto-parts
business
economic-indicators
psx
stock-exchanges
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Friday, May 15 2026
Key global markets: Pakistan among top 10 exporters of TBR tyres
Pakistan has emerged among the top 10 exporters of Truck and Bus Radial (TBR) tyres to key global markets including the United States and Brazil, marking a significant shift in the country’s industrial and export landscape.
Sources in Commerce Ministry revealed that Pakistani tyre exports have gained traction in recent years, with the United States and Brazil now among the largest destinations.
At the centre of this momentum is Service Long March Tyres Limited (SLM), the country’s largest tyre manufacturer and exporter, which has rapidly expanded its international footprint since commencing operations in 2022.
Related news categories:
auto-parts
business
economic-indicators
