Car prices can be reduced only through maximum localization

PAAPAM Members appreciate PM notice of higher car prices; want 10-year ‘Auto parts localization policy’. The Pakistan Association of Automotive Parts & Accessories Manufacturers (PAAPAM) has appreciated the PM’s taking notice of higher automobile prices in the country, which is mainly due to lower content of localized parts and government’s… 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