'Auto policy puts 1.5m jobs at risk'
Parts makers challenge tariff cuts on imports, citing $1.8b import substitution
The Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) has urged Prime Minister Shehbaz Sharif to review the draft Auto Policy 2026-31, warning that proposed tariff reductions on completely built-up vehicles, concessions for new-energy vehicles and lower duties on auto parts could undermine domestic manufacturing and employment. In a letter dated October 23, PAAPAM Chairman Abdul Rehman...