Tue, 21-Oct-2025

Auto Sector Calls For Higher Taxes on Used Imported Cars

Auto Sector Calls For Higher Taxes on Used Imported Cars

Indus Motor Company’s CEO urges higher taxes on used imported cars to support the local auto industry. Increased duties on used cars are seen as crucial for industry growth amidst stable economic conditions. Positive performance was noted for the Toyota Corolla Cross, highlighting the success of localized parts. Ali Asghar Jamali, the Chief Executive Officer … Read more

The growth accelerator

toyota

KARACHI: Toyota will invest over $100 million for the local production of hybrid electric vehicles (HEVs) in Pakistan. The investment would go towards localisation of components, plant expansion and production preparation for the first hybrid electric vehicle to be manufactured at the Indus Motor Company Limited (IMC) plant located at Port Qasim, Karachi, said Ali … Read more