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Aiming for exports July 7, 2021 LAHORE: Pakistan’s auto industry is now looking at the government to come up with a new auto policy, as the previous long-term document that had been in effect since 2016 has expired. Auto policy 2016-21 gave consumers greater choice as new players challenged existing car assemblers. The new policy should be announced after analysing the impact of the expired policy. A look at the 2016-21 policy shows that it was only partially successful as new entrants made their mark in the market. The monopoly of three Japanese manufacturers was only partially dented. Moreover, European brands opted out after showing initial interest. French automaker Renault announced to pull off its investment due to economic uncertainties. ....
I thought he must be joking : Azam Khan loss for words upon selection in Pakistan team By Batsman Azam Khan (centre) and former cricketer Moin Khan (right) Photo by author KARACHI: Azam Khan, the 22-year-old son of former Pakistan captain Moin Khan and batsman of PSL team Quetta Gladiators has revealed how he felt when he was first told by a colleague about being named in Pakistan’s national cricket team. “I thought he must be joking,” Azam said when asked about his immediate reaction when he was told about his selection into the Pakistan team. Azam Khan was named by Pakistani selectors in the T20I squad for the tour to England and West Indies on Friday morning. ....
A Pakistan-Chinese automotive joint venture, Master Changan Motors (MCM), plans to turn its $136 million complete knock-down (CKD) assembly plant in Karachi into a hub of export for the Chinese right-hand-drive cars to the regional countries. MCM is the only joint venture where a Chinese automotive manufacturer has actually invested capital in the project whereas most Chinese Original Equipment Manufacturers (OEM) interested in exploring their chances in Pakistani market are preferring ‘technical cooperation’ with their local partners. Established back in 2017 as a 70:30 joint-venture between Pakistan’s Master Group and China’s Changan Motors, MCM has the capacity to assemble 30,000 units a year. The company plans to enhance this capacity to 50,000 units. The company, which started by producing two pick-up trucks and a multi-purpose vehicle in 2018, has so far sold a staggering 17,000 units of Changan’s compact sedan Alsvin it had launched in December last year. “O ....
A Pakistan-Chinese automotive joint venture, Master Changan Motors (MCM), plans to turn its $136 million complete knock-down (CKD) assembly plant in Karachi into a hub of export for the Chinese right-hand-drive cars to the regional countries. MCM is the only joint venture where a Chinese automotive manufacturer has actually invested capital in the project whereas most Chinese Original Equipment Manufacturers (OEM) interested in exploring their chances in Pakistani market are preferring ‘technical cooperation’ with their local partners. Established back in 2017 as a 70:30 joint-venture between Pakistan’s Master Group and China’s Changan Motors, MCM has the capacity to assemble 30,000 units a year. The company plans to enhance this capacity to 50,000 units. The company, which started by producing two pick-up trucks and a multi-purpose vehicle in 2018, has so far sold a staggering 17,000 units of Changan’s compact sedan Alsvin it had launched in December last year. “O ....