Pakistan Automobile Industry
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ghazi52
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KARACHI: The import of used cars has been gaining momentum once again despite the government’s resolve to curb this menace that hurts the local auto industry and the national economy.
According to import data, over 21,000 units were imported in FY 2021. However, the import of used vehicles has increased by 46% as over 20,000 units have only been imported during July-February, 2022.
Considering this huge import of used cars, it is projected that more than 30,000 cars will be imported by the end of this financial year, market sources said, adding that around 80% increase has been witnessed in the import of used cars in the past two months. In January this year, some 2,083 units of used cars were imported while the data has shown that 2,778 units were imported in February.
The analysis of the data of used car imports show that over 4,000 units of economy segment have been imported till date with around 21% share in the total imports. Around 7,000 units of the small segment with 35% share have been imported till date while 502 vans (15%), 2874 SUVs (14%), 82 small buses, and 2863 others (14%) were also imported.
At the same time, the prices of used cars are also quite expensive making it really difficult for the customer to afford them in the current recessionary time.
On the other hand, a total 150 units of various models of BMW, Mercedes Benz, Audi, Suzuki and other CBUs were also imported in February.
“This double import of both CBUs and used cars in huge quantities is proving very damaging to the local auto industry,” said S M Ishtiaq, CEO S M Engineering.
He added that these imports are in complete violation of the government’s policy regarding the imports of vehicles in Pakistan.
“This situation needs immediate attention of the policy makers as this would be a double blow to the local auto industry and the national exchequer as well,” reasoned Ishtiaq.
Copyright Business Recorder, 2022
.,.,.,.
KARACHI: The import of used cars has been gaining momentum once again despite the government’s resolve to curb this menace that hurts the local auto industry and the national economy.
According to import data, over 21,000 units were imported in FY 2021. However, the import of used vehicles has increased by 46% as over 20,000 units have only been imported during July-February, 2022.
Considering this huge import of used cars, it is projected that more than 30,000 cars will be imported by the end of this financial year, market sources said, adding that around 80% increase has been witnessed in the import of used cars in the past two months. In January this year, some 2,083 units of used cars were imported while the data has shown that 2,778 units were imported in February.
The analysis of the data of used car imports show that over 4,000 units of economy segment have been imported till date with around 21% share in the total imports. Around 7,000 units of the small segment with 35% share have been imported till date while 502 vans (15%), 2874 SUVs (14%), 82 small buses, and 2863 others (14%) were also imported.
At the same time, the prices of used cars are also quite expensive making it really difficult for the customer to afford them in the current recessionary time.
On the other hand, a total 150 units of various models of BMW, Mercedes Benz, Audi, Suzuki and other CBUs were also imported in February.
“This double import of both CBUs and used cars in huge quantities is proving very damaging to the local auto industry,” said S M Ishtiaq, CEO S M Engineering.
He added that these imports are in complete violation of the government’s policy regarding the imports of vehicles in Pakistan.
“This situation needs immediate attention of the policy makers as this would be a double blow to the local auto industry and the national exchequer as well,” reasoned Ishtiaq.
Copyright Business Recorder, 2022
.,.,.,.
ghazi52
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Million Dollars worth 300SL Gullwing in Pakistan.
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Back in the days, There were two Mercedes-Benz 300SL Gullwing in Pakistan (KAA-5133 & KAF-5711) and sadly both exported out many many years ago.
Some say that there was only one Gullwing in Pakistan but same car registered twice? that simple doesn't make any sense.
Back in the mid 50's till mid or late 60's. The owners really loved it having the Gullwing. We've heard many stories that first it came to Karachi then went to Lahore, Quetta and Murree. Poor Gullwing had two major accidents, caught fire and was partially damaged the firewall and dash area. One changed colors a few times; White, Silver and Red.
It clearly sounds like that no one knew that one day it's gonna be worth millions of dollar.. Infact, can you believe that back in 1955 the owner sold it for Rs. 45,000?
Later, both exported out of the country. Heard one went to New York & other sold to a museum in Stuttgart (City in Germany) and it's still there.
The Ex-Owners: Philippine Ambassador Soto, Nawab Saifullah Magsi, Hasan Javeri, Fakir Ayazuddin, Shujaatullah Khan & Sikander Latif.
Courtesy KarachiTrack .
Million Dollars worth 300SL Gullwing in Pakistan.
Back in the days, There were two Mercedes-Benz 300SL Gullwing in Pakistan (KAA-5133 & KAF-5711) and sadly both exported out many many years ago.
Some say that there was only one Gullwing in Pakistan but same car registered twice? that simple doesn't make any sense.
Back in the mid 50's till mid or late 60's. The owners really loved it having the Gullwing. We've heard many stories that first it came to Karachi then went to Lahore, Quetta and Murree. Poor Gullwing had two major accidents, caught fire and was partially damaged the firewall and dash area. One changed colors a few times; White, Silver and Red.
It clearly sounds like that no one knew that one day it's gonna be worth millions of dollar.. Infact, can you believe that back in 1955 the owner sold it for Rs. 45,000?
Later, both exported out of the country. Heard one went to New York & other sold to a museum in Stuttgart (City in Germany) and it's still there.
The Ex-Owners: Philippine Ambassador Soto, Nawab Saifullah Magsi, Hasan Javeri, Fakir Ayazuddin, Shujaatullah Khan & Sikander Latif.
Courtesy KarachiTrack .
Maula Jatt
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I have no idea ,. I don't even know what an ambassador car even is
Wood
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This was an old Indian car from 90s. Based on British model car. You may have had a variant of it
No, Pakistan do not have the Morris Oxford/Ambassador. Morris Minor/1000 was a more popular cars in Pakistan. Further Fiat 1100D was also one of the most popular car in Pakistan.
Ambassador was based on Morris Oxford of Morris company which was a subsidiary/part of the British Motor Company, that sold the rights to Hindustan Motors.
Maula Jatt
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afaik weren't American cars also popular in Pak, I have seen black, white photos with lots of fords for example also some chevvys but ofcourse not as much as ford
awesom share
Wood
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Pak Suzuki Motors - Wikipedia
en.wikipedia.org
Suzuki is not only the largest, but also seems to be the oldest surviving car company in Pakistan
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