Local auto assemblers Honda Atlas, Indus Motors resume operations

KARACHI: Honda Atlas Cars and Indus Motor Company have resumed operations after the government eased the nationwide lockdown imposed to check the spread of novel coronavirus COVID-19 in the country, both companies said in separate announcements on Tuesday. “In view of the relaxation allowed to automobile industry from the current… Continue reading

Ministry of Industries and Production oppose import of used cars, rejects import/re-export policy proposal

KARACHI: Under influence of the cartel of local auto assemblers, the Ministry of Industries and Production has opposed import of used cars and recommended to reject the proposal to devise import and re-export of used vehicle policy 2019-20. Japanese car assemblers led cartel of auto assemblers influenced the ministry and… Continue reading

In times of economic crisis, Pakistan’s auto assemblers making a fortune

KARACHI: At a time when the entire business community and traders are observing business contraction, declining revenues and downsizing, thanks to the policies of Finance Minister Asad Umar, the local automobile assemblers are dancing with joy, again thanks to the policies of Asad Umar. First, the import of automobiles was… Continue reading