Locally assembled cars sales up.

[Edevelop]

Sunday, October 13, 2013 - Karachi—Locally assembled vehicles including light commercial vehicles (LCVs), jeeps and pick ups’ sales went up by 7.5 percent to 32,841 units in the first quarter of current fiscal year 2013-14 (FY14) as against 30,541 units sold in the same period last year, Pakistan Automotive Manufacturers Association (PAMA) reported on Friday.

Ultimately, impact of age restriction on imported used cars was seen as locally assembled vehicles’ sales witnessed a significant increase of 15 percent in September 2013 to 11,166 units as compared to 9,721 units sold in the same month of last fiscal year.

However, on monthly basis auto sales remained subdued as it increased minimally by 1.0 percent when compared to a total of 11,096 units sold in the month of August 2013.

Industry experts foresaw another unexciting year ahead for the local auto assemblers as the unprecedented inflation coupled with recent price hikes by all three companies will likely suppress the auto sales during the current fiscal. They said that it is expected that the government will lift the age restriction ban on import of used cars in upcoming auto policy as the local auto market is shrinking due to insufficient supply of small segment cars, which can only be fulfilled by imported used cars in the absence of locally assembled affordable family cars.

According to the company-wise break-up, Pakistan Suzuki Motor Company (PSMC) registered 2.0 percent increase in the first quarter of FY 14 to 17,990 units as compared to the sales of 17,635 units in the corresponding period of the last fiscal year. Similarly, PSMC sales increased by 4.0 percent on yearly basis to 6,287 units in the month of September 2013 when compared to 6,033 units sales in the same month of FY13.

On monthly basis, PSMC sales increased by 5.0 percent to 6,287 units in September 2013 as compared to 5,982 units sold in August 2013. Indus Motor Company (IMC) remained on the sluggish trajectory during the first quarter of current fiscal as the company sold 8,419 units.

Locally assembled cars’ sales up

 

[Leader]

these chakaras are the only thing left affordable probably !

 

[AZADPAKISTAN2009]

Assembly is not INNOVATION .. and Assembly is not something worth noting

Pakistani Government should FORCE such companies who do "ASSEMBLY" like operations that
40-50% of car designs and engine designs are done in Pakistan so Pakistani Engineers get jobs

 

[itduzz]

Assembly is not INNOVATION .. and Assembly is not something worth noting

Pakistani Government should FORCE such companies who do "ASSEMBLY" like operations that
40-50% of car designs and engine designs are done in Pakistan so Pakistani Engineers get jobs

China became world power based on this assembly economy for 3 decades. Only now they have started to get serious about innovation and research.

 

[itduzz]

Assembly is not INNOVATION .. and Assembly is not something worth noting

Pakistani Government should FORCE such companies who do "ASSEMBLY" like operations that
40-50% of car designs and engine designs are done in Pakistan so Pakistani Engineers get jobs

China became world power based on this assembly economy for 3 decades. Only now they have started to get serious about innovation and research.

 

[forcetrip]

China became world power based on this assembly economy for 3 decades. Only now they have started to get serious about innovation and research.

Times were different 30 years ago. There have been no excuses for the past 10 years to continue doing things tthe same way even more poorly than before. Technology and free information has jumped civilizations by 100's of years. Just because US had a civil war does not mean every country will have to go through that to be a successful country. Anyone with that ridiculous analogy needs to learn more about other countries and how most of them became successful without killing each other and without the aid of a supreme being magically aiding them.

 

[Panther 57]

Assembly is not INNOVATION .. and Assembly is not something worth noting

Pakistani Government should FORCE such companies who do "ASSEMBLY" like operations that
40-50% of car designs and engine designs are done in Pakistan so Pakistani Engineers get jobs

In fact these motor companies are supposed to do what you are suggesting. This was their agreement with the government. But when the model changes, these companies make it counter zero and restart. You are right, there should be an end to assembling and beginning of production. They need to be checked for the margin, in the interest of nation. In order to improve economy Pakistan has to move from import based businesses to self production. Though it may give lower margins for the owners but will benefit the next generation of this country.

 

[Black Widow]

Post some Pics of these products..

 

[Black Eagle 90]

Sunday, October 13, 2013 - Karachi—Locally assembled vehicles including light commercial vehicles (LCVs), jeeps and pick ups’ sales went up by 7.5 percent to 32,841 units in the first quarter of current fiscal year 2013-14 (FY14) as against 30,541 units sold in the same period last year, Pakistan Automotive Manufacturers Association (PAMA) reported on Friday.

Ultimately, impact of age restriction on imported used cars was seen as locally assembled vehicles’ sales witnessed a significant increase of 15 percent in September 2013 to 11,166 units as compared to 9,721 units sold in the same month of last fiscal year.

However, on monthly basis auto sales remained subdued as it increased minimally by 1.0 percent when compared to a total of 11,096 units sold in the month of August 2013.

Industry experts foresaw another unexciting year ahead for the local auto assemblers as the unprecedented inflation coupled with recent price hikes by all three companies will likely suppress the auto sales during the current fiscal. They said that it is expected that the government will lift the age restriction ban on import of used cars in upcoming auto policy as the local auto market is shrinking due to insufficient supply of small segment cars, which can only be fulfilled by imported used cars in the absence of locally assembled affordable family cars.

According to the company-wise break-up, Pakistan Suzuki Motor Company (PSMC) registered 2.0 percent increase in the first quarter of FY 14 to 17,990 units as compared to the sales of 17,635 units in the corresponding period of the last fiscal year. Similarly, PSMC sales increased by 4.0 percent on yearly basis to 6,287 units in the month of September 2013 when compared to 6,033 units sales in the same month of FY13.

On monthly basis, PSMC sales increased by 5.0 percent to 6,287 units in September 2013 as compared to 5,982 units sold in August 2013. Indus Motor Company (IMC) remained on the sluggish trajectory during the first quarter of current fiscal as the company sold 8,419 units.

Locally assembled cars’ sales up

I am 100% sure that Pakistani Auto parts manufacturer are able to manufacture their own vehicles locally and I think if they need help then there are many experts available too. I wish they will launch their own Brand like with the name Pakistan Automotive Corp.

Also the Assemblers are just assembling the vehicles and not building nor doing R&D in Pakistan; as people all over the Pakistan like the used vehicles from Japan and Korea and its market is also growing a lot...

 

[jupiter2007]

duplicate

 

[jupiter2007]

We should invite Turkey and Iran to invest in Pakistan auto industry.

Here is the clip about TURKISH CAR INDUSTRY

Here is the clip about IRAN CAR INDUSTRY