Government Rejects Commercial Import of Used Cars

Government Rejects Commercial Import of Used Cars 1
Government Rejects Commercial Import of Used Cars 2

The Ministry of Industries and Production has rejected the proposal for commercial import of used cars in Pakistan. The ministry had given this suggestion to the Commerce Division and Federal Board of Revenue which are formulating import and re-export of used vehicle policy 2019-29.

A meeting was held at Engineering Development Board (EDB) earlier this month with the used car dealers to analyze the proposal to allow commercial import of used/old cars. On the other hand Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) had requested Prime Minister Imran Khan to save the local auto parts manufacturing industry by not accepting any proposal for the import of used cars.

Related: PAAPAM Opposes Proposal for Used Car Import

The EDB concluded that proposed plan would negatively affect existing assemblers, new entrants and local auto parts makers.

Government Rejects Commercial Import of Used Cars 4

The Auto Development Policy 2016-21 had attracted over $1.3 billion investment from foreign investors who are at various stages of setting up their projects in Pakistan. Among these, 15 had been granted Greenfield investment status and two non-functional units were revived under Brownfield category. Few new entrants had also planned to export vehicles from Pakistan. Besides, the existing assemblers are enhancing their capacities as well.

Related: Major Investments in the Automobile Sector of Pakistan

According to the ministry, allowing commercial imports of used cars for domestic market would be against the spirit of Auto Policy 2016-21.

Government Rejects Commercial Import of Used Cars 6
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About UsmanAnsari

A 3d animation professional, car enthusiast, petrolhead and social media influencer. Formerly written for PakWheels as well as major publications including Dawn. Founder of CarSpiritPK.com

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Yawar Abbas
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Yawar Abbas

this kind of logic applies in Pakistan only,, that used cars pose threat to new cars & industry. so bowing down in front of mafia the govt wants to support cheap third class parts that no country wants to import and sell them to helpless Pakistanis for double the price

Danish Naeem
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Danish Naeem

and once again MAFIA WINS.. congratulations