Tue, 21-Oct-2025

Economic conditions undermining automobile sector

automobile sector

ISLAMABAD: The local auto industry continues to face multiple challenges, making it difficult for the manufacturers to stay afloat and create value for the national economy. Ali Asghar Jamali, chief executive of the Indus Motor Company (IMC), said that the local auto industry has faced a severe blow with the prevailing economic conditions that show … Read more

Japan would invest about USD $100M in the automobile sector

Japan

For starting the production of vehicles from Pakistan, Japan intends to invest US $100 million in the automobile sector. Adviser to Prime Minister on Commerce, Investment Abdul Razak Dawood meets Ambassador of Japan to Pakistan, Mr. Kuninori Matsuda, and debated the upcoming plan to improve bilateral collaboration between the two countries. A press release issued … Read more