Pakistan Used Cars

The import of used automobiles has considerably declined in the first quarter. Market sources say the downtrend is due to uncertain policies, a glut of imported used automobiles and a saturated auto market.
“The number of imported used and reconditioned cars declined to 9,000 in the first quarter of 2006-07 against 15,000 in the corresponding period […]

It is amazing to note that despite a flood gate opened following the reduction in duty on import of used cars, it failed to make any dent on the profitability and earnings of the local manufacturers.

Pakistan is now one of three countries in the world with more than one million NGVs in their fleets, behind Brazil with 1,117,885 and Argentina with 1,459,236, according to statistics from the International Association of Natural Gas Vehicles.
The country has been making an all-out push on switching over to CNG as a fuel and thus […]

Sales of locally assembled cars registered 15 per cent growth during September 2006 compared to the same month last year on the back of increased production and demand, official data said on Tuesday.
Latest figures compiled by the Pakistan Automotive Manufacturers Association (PAMA) reveal a total of 13,354 cars were sold during September 2006, which shows […]

Islamabad - A new import policy which was presented in October 2006 is good news Pakistani nationals living abroad.
The revision allows for the import of three year old used cars as opposed to the current two year old vehicle restruction. Also, the importation regulations have been simplified to allow easier processing of imports.
The amendments are:
(i) […]

In a move designed to restrict the importation of used cars to Pakistan in order to protect the auto industry in Pakistan, the Government issues the “Import of Vehicle Rules 2006.” law according to a report in the Peninsulaquatar.
The new law will increase the amount of paperwork to be completed such as completing two lengthy […]