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Autos
Day 2 Highlights 2024 Auto Parts Show Hosted by PAAPAM
Lahore: On the second day, filled with noteworthy activities and high-profile visits, the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) continued its largest auto parts expo.
Rana Tanveer Hussain, the…
Toyota IMC Allocates Rs. 3 Billion for Enhancing Local Auto Parts Manufacturing
Indus Motor Company Limited has approved a significant investment of approximately Rs. 3 billion. The funds are earmarked for producing auto parts and components in India.
The automotive conglomerate stated its vision in a Friday…
Toyota IMC Plans Rs. 3 Billion Investment to Boost Local Auto Parts Production
Indus Motor Company Limited (PSX INDU) announced its decision to spend around 3 billion rupees—three billion for further localization of parts and other components used in various automobiles. The Board of Directors has approved the…
Automakers Warn of Industry Collapse Due to 25% Local Car Sales Tax
The automobile industry is in danger since automakers are warning about a possible decline due to the enactment of a local sales tax on cars. The tax, intended to raise money for the government and consumers, has raised concerns with…