Pakistan News

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  • Auto vendors create 150,000 jobs this year

    KARACHI: Around 125,000-150,000 new jobs (direct and indirect) were created by 1,600 auto vending units during the last one year after opening of jobs at local auto assembling plants of cars, light and heavy commercial vehicles and two wheelers...

    Soaring demand of vehicles, excluding tractor industry, has pushed up capacity utilisation in the auto sector, thus requiring additional manpower...

  • Auto workers may lose jobs as sales plummet

    LAHORE: The automotive industry fears that amid declining auto sales, the sector is likely to lose at least 10-15 per cent of the direct jobs over the next few months...

    Warning of tough times ahead, they said rising auto prices on the back of steep currency depreciation, imposition of federal excise duty in the range of 2...

  • US stance on auto industry sows more doubt about Nafta overhaul

    Three sources briefed on the protectionist US proposal, which is in line with US President Donald Trump’s goal of shrinking a trade deficit with Mexico and stemming the loss of US manufacturing jobs, said it also seeks sharply higher North American automotive content overall...

    Washington’s auto industry gambit came hot on the heels of its demand that NAFTA also contain a so-called sunset clause...

  • ‘Auto industry crucial for strengthening economy’

    LAHORE: The local automotive industry continues to play a crucial role in strengthening the national economy and elevating Pakistan’s image as a progressive country with a strong industrial base, said Engineering Development Board CEO Tariq Chaudhry on Friday...

    Inaugurating the three-day Pakistan Auto Show (PAS) 2016, organised by the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) at the Expo Centre,...

  • Govt wants quick NEVP implementation despite resistance from auto industry

    KARACHI: Despite auto assemblers’ reservations regarding the National Electric Vehicle Policy (NEVP), the government has aimed at making it operational by January 2020...

    “We have not been invited in the inter-ministerial meeting on Thursday,” Pakistan Automotive Manufacturers Association (Pama) Director General Abdul Waheed Khan told Dawn on Wednesday, adding that “we have also not been taken into confidence on NEVP...

  • Auto industry comes under fire in Senate

    ISLAMABAD: The local car industry came under fire in the Senate for assembling vehicles in the name of manufacturing, increasing prices without any checks and failing to maintain safety standards threatening lives of those who drive them...

    ”The minister said that under the new auto policy unveiled by the government, 18 new car manufacturing plants had been set up, five of which were on production line now...

  • Auto industry woes multiply as sales dip

    KARACHI: Pakistan’s auto sector continued to show dismal performance during the first seven months of 2019-20 with cars sales plunging by 44 per cent year-on-year, reported the data released by Pakistan Automotive Manufacturers Association...

    Yamaha bike sales improved by 2pc to 14,922 units while United Auto Motorcycle’s faced 16pc drop to 194,909 units in 7MFY20...

  • China's auto industry wastes no time coaxing drivers back to showrooms after lockdown

    China’s auto industry has gone from zero to sixty in its post-pandemic campaign drive, with manufacturers and dealers quick to woo back lockdown-weary consumers through campaigns as unusual as a makeup-promoting personality touting car leasing...

    The plug is just one part of an eruption of promotional campaigns featuring steep discounts, cold-calling and gimmicks, from an industry obliterated by government restrictions on movement...

  • Why can't the music industry be reinvented like the drama industry, asks Xulfi

    Over the span of the last one decade, Zulfiqar Jabbar Khan aka Xulfi remains to be one of the most vibrant and influential musicians of the current wave in Pakistan...

    However, the man who was behind popular bands like Fawad Khan-famed 'EP', Junaid Khan's 'Call' and saw their glory days is not very hopeful about the music scene until and unless it is recognised as a separate industry...

  • How can army, ISI chiefs take up foreign jobs soon after retirement: SC

    ISLAMABAD: The Sup­reme Court on Wednesday wondered how former chiefs of the Pakistan Army and Inter-Services Intelligence could take up foreign jobs without completing the mandatory gap of two years after their retirement...

    A three-member bench, headed by Chief Justice of Pakistan Mian Saqib Nisar, asked defence secretary retired Lt Gen Zamirul Hassan to furnish before the court no-objection certificates issued by the government to...

  • Pakistan yet to develop own auto standards

    KARACHI: The auto policymakers are inclined to adopt foreign standards for the local industry instead of evolving the country’s own...

    “There are no standards evolved for the automobiles produced in Pakistan nor there are any labs to check the standards of safety, etc...

  • Global auto players show interest in Pakistan

    ISLAMABAD: The new auto policy has piqued the interest of global car manufacturing companies and negotiations are underway for setting up plants in Pakistan, Board of Investment (BoI) Chairman Dr Miftah Ismail said on Thursday...

    Mr Ismail said the government has made BoI the single entity to deal with the auto industry after the approval of the new auto policy...

  • Pakistan woos Renault and Nissan in push for auto investment

    Pakistan wants to shake up its Japanese-dominated car market and loosen the grip of Toyota, Honda, and Suzuki, whose locally assembled cars are sold at relatively high prices but lag behind imported vehicles in terms of quality and specifications...

    Officials are touting a new auto policy, skewed in favour of new entrants, that includes offering foreign car manufacturers lower duties as an incentive to set up plants in Pakistan or...

  • Suzuki ready to invest $460m in Pakistan if new auto policy revised

    ISLAMABAD: Suzuki plans to invest $460 million into Pakistan if the government provides the right incentives and amends its new auto policy, the company said on Friday...

    Pakistan in March announced a new auto policy that favours potential new entrants over existing manufacturers by offering them lower duties, part of a strategy to attract foreign car makers and loosen the dominance of Suzuki, Toyota and Honda...

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