Import dealers to submit proposals for Auto Policy 2026

News Image

MG News | June 24, 2025 at 02:27 PM GMT+05:00

June 24, 2025 (MLN): To boost export trends in the local auto industry, car import dealers will present their proposals to the Ministry of Industries and Production for the Auto Policy 2026.

The government, in turn, will review these proposals and extend full support.

Free competition will encourage export trends in the local auto industry, while registration and certification will be mandatory to ensure quality standards for used car imports, as per the press release issued.

The policy focuses on promoting a liberalized import system, as envisioned by Prime Minister Shehbaz Sharif.

Haroon Akhtar Khan emphasized that the Car Dealers Association is a key stakeholder in the formulation of the auto policy.

As per Prime Minister’s directive, the government has introduced an Electric Vehicle (EV) Policy 2025–2030 to promote electric vehicles across the country, said PM’s Special Assistant Haroon Akhtar Khan.

Chairing a meeting with the Car Dealers and Importers Association, Haroon Akhtar Khan stated that under the new policy, 2.2 million vehicles will be electric by 2030.

The meeting also included discussions on issues related to imports, exports, and customs duties.

He emphasized that the government is promoting eco-friendly vehicles to eliminate smog and ensure better public health.

Electric vehicles, he noted, are not only cost-effective but also beneficial for both the public and the environment.

Haroon Akhtar Khan concluded by saying that Pakistan is steadily moving towards environmentally friendly transport, replacing conventional petrol vehicles with cleaner alternatives.

Related News

Name Price/Vol %Chg/NChg
KSE100 173,962.82
313.69M
1.30%
2237.52
ALLSHR 104,178.62
550.40M
0.93%
964.13
KSE30 52,166.33
164.58M
1.26%
649.19
KMI30 250,496.48
141.11M
1.59%
3930.77
KMIALLSHR 67,844.06
318.73M
1.20%
801.29
BKTi 47,430.11
44.68M
0.28%
130.40
OGTi 36,386.96
9.01M
0.13%
45.59
Symbol Bid/Ask High/Low
Name Last High/Low Chg/%Chg
BITCOIN FUTURES 74,260.00 74,260.00
73,715.00
545.00
0.74%
BRENT CRUDE 91.89 92.95
89.93
-0.81
-0.87%
RICHARDS BAY COAL MONTHLY 117.00 0.00
0.00
-0.75
-0.64%
ROTTERDAM COAL MONTHLY 130.25 131.75
130.00
-0.20
-0.15%
USD RBD PALM OLEIN 1,157.50 1,157.50
1,157.50
0.00
0.00%
CRUDE OIL - WTI 87.76 89.02
86.35
-1.14
-1.28%
SUGAR #11 WORLD 14.07 14.35
13.90
0.14
1.01%

Chart of the Day


Latest News
May 31, 2026 at 10:59 AM GMT+05:00

Triple crown for Arif Habib Limited


May 31, 2026 at 10:10 AM GMT+05:00

Key Pakistan Market Stats and Economic Indicators


May 30, 2026 at 04:31 PM GMT+05:00

Weekly Market Roundup


May 29, 2026 at 09:44 PM GMT+05:00

SBP reserves rise $66m to $17.15bn



Top 5 things to watch in this week

Pakistan Stock Movers
Name Last Chg/%Chg
Name Last Chg/%Chg