Tuesday, June 30 2026

Pakistan auto industry experts raise concerns over budget measures
Auto experts and analysts have voiced concerns over the recently announced federal budget, warning that some of its measures could hurt Pakistan’s automobile sector and calling on the government to introduce safeguards for the industry. Speaking to Business Recorder, Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) senior vice chairman and auto analyst Shehryar Qadir said it was disappointing to see the government’s direction in the federal budget for the upcoming fiscal year with regard to the auto sector. “It is a poor outcome all round for the auto industry. While the government keeps stressing on strengthening the economy and promoting local manufacturing, the actions taken oppose that completely,” Qadir said.
Related news categories: auto-assembler business economic-indicators misc

Friday, June 19 2026

Aurangzeb lauds BYD’s growing footprint in Pakistan
Minister for Finance Senator Muhammad Aurangzeb has appreciated Chinese multinational manufacturing company BYD’s growing footprint in Pakistan. He was talking to a delegation of BYD Group and Mega Motor Company (MMC) led by BYD Group Vice President Liu Xueliang and MMC CEO Aly Khan in Islamabad Thursday. During the meeting, Aurangzeb reaffirmed the government’s support for electric vehicle manufacturing, localization and sustainable transportation to promote Pakistan as a regional hub for new energy vehicles. The finance minister appreciated BYD’s expanding presence in Pakistan and said the BYD-MMC joint venture would support industrial development, technology transfer, employment generation and export growth in the country.
Related news categories: auto-assembler business economic-indicators misc

Thursday, June 18 2026

BYD moves ahead with Pakistan EV plant as govt pushes to deepen localisation
Pakistan is intensifying its drive to develop a domestic electric vehicle (EV) manufacturing ecosystem as Chinese auto giant BYD Group moves ahead with plans to expand its local production facility and deepen localisation in partnership with Mega Motor Company. The development came to light during a meeting between Finance Minister Muhammad Aurangzeb and a delegation of BYD Group and Mega Motor Company (MMC) led by Liu Xueliang, Vice President of BYD Group and General Manager, BYD Asia Pacific Auto Sales Division, and Aly Khan, Chief Executive Officer, Mega Motor Company (Private) Limited, at the Finance Division on Thursday, read an official statement.
Related news categories: auto-assembler business economic-indicators misc

Wednesday, June 17 2026

Auto and auto parts policy: Dar chairs series of high-level meetings
Deputy Prime Minister and Foreign Minister (DPM/FM) Senator Mohammad Ishaq Dar chaired a series of high-level meetings to review the Auto and Auto Parts Policy, with particular focus on accelerating Pakistan’s transition towards Electric Vehicles (EVs). The committee was briefed on measures aimed at promoting EV adoption, strengthening domestic manufacturing capacity, and facilitating industry growth through enabling policy support. Discussions also covered job creation, export enhancement, and the EV’s contribution to climate change mitigation. DPM/FM underscored the need to develop a competitive, innovative, and sustainable automotive ecosystem that drives economic growth, enhances industrial capacity, promote exports, generates skilled employment opportunities, and supports environmental sustainability.
Related news categories: auto-assembler auto-parts business economic-indicators

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