Frequent changes to policy irk auto industry

according to KARACHI: The Pakistan Association of Automotive portions & Accessories industrialists (PAAPAM) has voiced its worry over frequent changes to the Auto Industry Growth Policy 2016-18. previous PAAPAM chairman Aamir Allawala said, "The Gov. has brought multiple changes to the policy in nearly final 2 years. Lately, another one% was added to the duty in 2016 budget which resulted in three% duty on importation of raw material. This promote from one% to three% was supposed to be a temporary move however it continue exists in the current duty structure," said Aamir. Published in Daily Times, March 11th 2018.

Donald trump's Fresh tariffs couldn't come at a worst time for the auto industry

The auto industry, that is indeed in at an "inflection point" for discounts, has overwhelmingly said the tariffs going to injury business. President Donald trump's Fresh tariffs on imported steel & aluminum couldn't come at a worst time for the America automotive industry. Elsewhere, steel prices going to stay low thanks to the economic principles of supply & request. further than half of the 804,000 cars produced in Germany final year were exported outside the country, according to the German auto industry association. To highest it all off, hight interest averages as the Fed ends its quantitative easing programme too have an outsize influence on the America auto industry.

International ladies's Day: Watch: the method ladies are taking powerful leap in auto industry

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collected by :Catlin Logan