Cabinet members blast at car assemblers for poor quality, higher prices
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ISLAMABAD: The cabinet members of Prime Minister Imran Khan have blasted at local car manufacturers for not producing low fuel efficiency cars, failing to meet international safety standards and charging higher prices.
Minister for Science and Technology Fawad Choudhry said that there should be no saving of industry at cost of public. He quoted example of vehicle of one local auto vendor offering its entry model at a price of Rs 1.6 million, however, similar model in neighbouring country was costing Rs 0.4 million.
Key members made comments in high level committee on auto sector and EV Policy.
Deputy Chairman Planning Commission said that vehicles including 2-3 wheelers, cars in Pakistan were not conforming to the international safety standards and low fuel efficiency.
Another close aide of Prime Minister Dr Ishrat Hussain said that that new entrant policy under ADP 2016-21 had shown positive results as six automotive companies including KIA an Hyundai had already started manufacturing.
The continuity of successful auto policy should be ensured and emphasized ADP had been instrumental in increasing competition in the auto market and as such monopoly in car, LCV and SUV segment had been broken.
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