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

Local auto industry to manufacture 8 million vehicles by 2026

KARACHI: The local auto industry will produce around eight million vehicles in different categories annually by 2026, an official of the Engineering Development Board (EDB) said on Tuesday. “The new auto policy has a strong focus on exports, as well as capacity enhancement of the industry,” EDB chairman Almas Hyder said, while speaking at the … Read more