Friday, December 05 2025

Govt decides to regulate used car imports
After months of serious pressure by local automobile manufacturers, the government has decided to regulate used car imports as the local auto industry sounded alarms over 120,000 imported vehicles within a year, which had pushed the local industry to the verge of collapse. The decision was taken here on Thursday during a high-level meeting chaired by Special Assistant to the Prime Minister on Industries and Production, Haroon Akhtar Khan, with the delegation of the auto industry. The participants of the meeting were informed that the Prime Minister of Pakistan has directed all the relevant quarters, including the Ministry of Industries and Production, to devise a new framework on the subject of used car imports to protect local manufacturing units. According to the officials of the Engineering Development Board (EDB), the share of used car imports in Pakistan has jumped from 7.5 percent in 2020-23 to 20 percent in 2025, which is posing a serious threat to local manufacturing, investment, and employment.
Related news categories: auto-assembler business economic-indicators misc

Tuesday, December 02 2025

Auto Industry claims Rs50b loss from car imports
Pakistan's auto industry has expressed its dismay over the rising import of used cars, which is said to have caused a loss of Rs50 billion during the last one year. Pakistan is the only auto manufacturing country in Asia where used vehicles swallow a significant part of the market, accounting for nearly 25% of domestic sales between December 2024 and December 2025. In comparison, the share of used cars remains negligible in regional peers: India has virtually zero used car inflows, Vietnam has 0.3% used car share and Thailand has 1.2%. Industry analysts say the contrast underscores a clear policy divergence. While regional economies have restricted used car imports to safeguard their automotive value chains, Pakistan has charted an opposite course, especially after Notification 1895 issued by the Ministry of Commerce on September 30, 2025, which allowed imports of up to five-year-old vehicles.
Related news categories: auto-assembler business economic-indicators misc

Wednesday, November 26 2025

Import of used cars: Continued policy of encouraging may destabilise automotive sector
Pakistan’s auto manufacturing industry — a sector that contributes 2 percent to the national GDP, sustains 2.5 million direct jobs, and supports nearly 5 million livelihoods across its vast vendor and dealership network — is warning that the continued policy of encouraging import of used cars may destabilise one of the country’s most important industrial pillars. In FY25 alone, the automotive sector paid Rs 700 billion in taxes, amounting to about 6 percent of the total national revenue, and has attracted an estimated USD 5 billion in foreign direct investment (FDI) over the past two decades. Through localization efforts, the industry also saves about USD 150 million annually in import substitution. Despite these contributions, the sector finds itself at the centre of the government’s latest tax and tariff overhaul, shaped by Pakistan’s commitment to the International Monetary Fund (IMF).
Related news categories: auto-assembler business economic-indicators misc

Friday, November 21 2025

Top 8 auto parts and accessories companies at PSX as of Nov 2025
The auto parts and accessories segment at the Pakistan Stock Exchange (PSX) represents a dynamic intersection of manufacturing strength, technological progress, and investor interest. These companies supply critical components that keep Pakistan’s automotive industry moving. Their performance often serves as a barometer for the broader auto sector, reflecting demand patterns and localisation initiatives. In recent years, the industry has faced shifting economic conditions, fluctuations in automobile production, and evolving regulatory frameworks. This article highlights top eight auto parts and accessories firms listed on the PSX, evaluating them based on market capitalisation.
Related news categories: auto-assembler business economic-indicators misc

Tuesday, November 18 2025

Auto Policy 2026–31: IMC proposes 40pc tariff difference b/w CKD & CBU vehicles
Indus Motor Company proposed that the upcoming Auto Policy 2026–31 should maintain at least a 40 percent tariff difference between Completely Knocked Down (CKD) and Completely Built Up (CBU) vehicles to protect jobs and ensure competitiveness. This was proposed by Chief Executive IMC Ali Asghar Jamali while speaking at Pakistan Auto Show (PAPS) held at the Expo Center Karachi, from November 14-16, in which IMC participated as a Diamond Sponsor. “Our participation at PAPS 2025 reflects our commitment to the ‘Make in Pakistan’ vision to produce world-class vehicles locally while supporting job creation and industrial growth. “We urge the government to maintain policies that promote local manufacturing and shield the industry from the negative impact of used car imports,” said Jamali, adding that there is a need for stable and forward-looking government policies to ensure the long-term sustainability of the local auto industry.
Related news categories: auto-assembler business economic-indicators misc