April 2017 by Mustafa Hanif

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Contents

April-2017

Article / Review 15 17 18 20 22 28 37 38 43

News / Event 23

SMEs, bike assemblers need new policies in Budget 2017-2018 Exclusive by Ali Hassan

Budget Proposal - 2017-18 by apdma Budget proposals to tackle rising demand of cars

New entrants aim to take the auto market by storm An exclusive review by Automark team

7 Steps to Ethical Leadership Exclusive written by Faisal Mubin Ganatra

Flying Car is ready to take off Exclusive Internet Catch by Anwar Iqbal

Punjab’s road infrastructure is ready to accommodate more traffic in cities Exclusive written by Tahseen Kanwal Pak Suzuki Motors hold Annual vendor conference 2016 in Thailand

Vehicles/cars price list

Motorcycles price List

Media Partner

Pakistan Auto Show 2017 Concludes on a positive note PAPS-2017 Gallery by AutoMark Pakistan Auto Show 2017 - Review

Corporate News - Glimpses

35 35 36 36 40 42

Price List 46

Bullsone Car Care Products Introduced in Pakistan at PAPS 2017 Product Launch Event by Ahsan Mirza

26 30

Return of Hyundai Motors in Pakistan Exclusive Review by Anwar Iqbal

Entrepreneurship in Pakistan The Land of Opportunities Exclusive article by Zeeshan Ahmed Ganatra

Inside

7 - 9 May-2017

Improving Quality of Air for Industry and Caring for the Environment Rastgar Air Compressors Hosted a Dinner for Honoring Pakistan’s Industry Corporate Event - Coverage Crown Group participate in Pakistan Auto Show 2017 as Gold Sponsor Super Power Motorcycles 200CC Launching Ceremony held in Dubai during PSL-2017

Al-Haj Faw Motors (Pvt) Ltd., received Golden Distributor Award

Al-Haj Faw participate in Pakistan Auto Show 2017 as Plantinum Sponsor

Panther Quality Week 2017

E4 - Excellent team, Excellent opportunity, Excellent cooperation of industry and “Monthly AutoMark” Industrial visit to Pirani Group of Companies - Report

D.S. Motors launch new model of Unique Motorcycles 70CC, 100CC and 150CC for year 2017-18 A Grand launching ceremony - Exclusive media coverage by AutoMark Magazine

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April-2017 Pakistan’s premier magazine on automotive, engineering & energy sector Volume 10, Issue 04

Monthly

AUTOMARK Magazine International Editor-in-Chief Muhammed Hanif Memon Technical Editor

Advisors

Imtiaz Rastgar CEO, Rastgar Group & Advertising Manager CBI External Expert, Ex-chairman EDB Tahir Siddiqui Islamabad Muhammad Shahzad

Circulation Manager Shahzad Raza

Graphic Designer Mustafa Hanif Salman Hanif

Web Master Murtaza Hanif

Contributors in THIS EDITION Anwar Iqbal M. Hanif Memon Ahsan Mirza Faisal Mubin Ganatra Tahseen Kanwal Zeeshan Ahmed Ganatra

Engr. IHT Farooqui Chief Operating Officer Pak China Motors (Pvt) Ltd. Karachi M. Yousuf Shaikh Founder & Chairman Pakistan China Motorcycle Industry Council Karachi Syed Mansoor Rizvi Principal Officer M/s. CNH Services (Pvt) Ltd. Karachi Nadeem Ahmed Salmi Executive Director Operations M/s. Al-Haj Faw Motors (Pvt) Ltd. Karachi

Active Communications Mailling Address: D-68, Block-9, Clifton, Karachi Tel : 021-32603371 Mobile: 0321-2203815 E-mail: automarkpk@gmail.com website: www.automark.pk Whatsapp & Wchat : +92 321 2203815

AutoMark Canada Office Managing Editor Mohammad Shahzad S.A.E. D.M.P. 41 Jordana Drive Markham (Toronto) Canada - L3S 3N8 Phone: 905-472-8282 Email: automarkcanada@gmail.com AutoMark REGD: MC-1330 Published every month by M. Hanif Memon

Why Karachi needs its garbage to be collected by the Chinese? Pakistan’s largest city Karachi is a metropolitan city with a population of more than 23 million, and according to reports, this number is likely to cross the 30 million mark by the year 2025. With an already high volume of people living in densely-populated neighborhoods, large-scale problems such as outbreak of petty (and sporadically greater) crimes, garbage accumulation, and occasional shortage of resources are events of normalcy. A complete eradication of any of these is seemingly improbable, but efforts for their containment and curtailment can be, and should be, made – most importantly by the district and provincial authorities. One such effort was the agreement between the Government of Sindh and a Chinese company for the collection of waste in Karachi. The agreement to collect garbage in the Eastern and Southern districts of Karachi was made between the Sindh Solid Waste Management Board and Chinese company, Wuzung. It was agreed that in the first phase of the agreement, Wuzung will collect waste from the said districts, from house to house free of cost.Garbage containers and trash cans have also been installed at numerous spots in the districts. For years, the provincial government has struggled to contain Karachi's garbage epidemic, and mounds of garbage are observed piling up in streets, lanes, and even central avenues.According to reports, Karachi produces around 20,000 tonnes of solid waste every day, of which at least 18,000 tonnes of waste is burnt in drains and open spaces. Only about 2,000 tonnes of garbage is taken out of the city, whilst the unattended garbage keeps piling up on the streets, roads, and other open spaces. With the city district government and the provincial government finally paying attention to the problems of Karachi, why do we need the Chinese to pick up the trash created by us, Pakistanis? Are we incapable of cleaning the mess we create? Why is there a dire need to give a Chinese company 6 billion dollars to clean our trash? Instead, Karachi not only desperately needs to cleanse its roads and streets off the rubbish, but also needs to be educated to produce less of it. Ideally, this can be done when individuals take up responsibility for keeping their respective buildings, streets, and colonies clean. Widespread awareness programs must be designed by the government to reduce the production of waste, and allow the citizens to understand the concept of recycling. The city belongs to us, and we must take care of it. If we don’t, which looks increasingly likely, then our neighbors (the Chinese), quite literally, will have to come and take care of our wrongdoings. And that is quite a sad state to be in for us to be called as citizens of one of the filthiest cities in the world, Karachi.

Note: The views expressed by contributing writers and comments do not necessarily reflect the views and policies of the Monthly AutoMark magazine's management

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SMEs, bike assemblers need new policies in Budget 2017-2018 Due to lack of uniform policy in valuation, custom duties and non registration of retailers in sales tax – around 80 per cent units falling under SME are closed now, he said. These closed units can be reactivated through change in policies. The government, Sabir said, has not changed any policy on the two wheeler segment in the last three budgets.

In Pakistan small and medium enterprises and traders badly need government’s business friendly and effective policies so that they could work smoothly. However, this type of government’s support has always proved only a lip service and remained on papers only. There is a dire need for a uniform policy on valuation at import stage for different raw materials and components and all kinds of unit s and assemblies. Uniformity in valuation will curb under i n v oi c i ng , mi sd e cl ar at i o n an d smuggling. This will also eliminate five to 10 per cent extra money (speed money) which the customs officials demand at the time of goods’ clearance. A number of concessionary SROs must be aboli shed immed iately. The government should do away with different slabs on one item including auto sector, textile, export regime, and all other sectors. Uniform rate of customs duties will promote industrial and business activities, create new jobs and control tax evasion. Chairman Pakistan Tajir Itehad and chairman Association of Pakistan

Motorcycle Assemblers (APMA), Mohammad Sabir Sheikh said the third most important point is that all the traders are selling “Made in Pakistan” goods and imported items on which sales tax is already applied. They must be registered in the sales tax regime. Giving the reason, he said the sales tax evasion cannot be eliminated without registration of all the retailers who are selling sales tax paid goods and imported items. Rate of sales tax at 17 per cent should be reduced to 15pc and the sales tax on the retailers, who are still not registered in the sales tax net, should be increased to 20 per cent from 19pc currently. APMA chief said in case the people do not get registered in the sales tax then it will prove that the traders are involved in sales tax evasion with the help of suppliers and distributors. Due to stiff competition in the market in almost all the products – the rate of profit is just two per cent so how they can pay extra five per cent sales tax, Sabir said. In case some trade bodies and groups criticize on registration of retailers in the sales tax net then the government

M. Sabir Shaikh

should check them whether the traders, who are agitating, are registered and regular sales tax payers. The government, Sabir said, should also introduce one rule under which the traders or shopkeepers or dealers of “Made in Pakistan” goods will not display branded bill board or attractive displays on their shops without the sales tax registration of retailers of that shop or address. Commenting on the premium on Honda CG-125 bike, APMA chief said that currently two wheeler demand is on its peak owing to which hot selling Honda CG-125 is being sold on premium by the authorized dealers of Atlas Honda all over Pakistan. This is highly surprising that customers still urgently want three decades old CG-125cc at any cost. This menace of premium was popular in locally assembled cars but this had been vogue since 2015. However, the federal government and Ministry of Industries have not taken any serious action against Atlas Honda Limited whether the demand is artificially created by the authorized dealers or thin supplies had failed to cope with huge demand. This premium story is going

Ministry of Industry Government of Pakistan

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Monthly AutoMark International

The provincial governments must introduce five year road tax on bikes and on five to 10 years old the provincial road tax must be increased in big cities. It may hit urban customers but it would help shifting of two wheelers to rural areas. on despite the fact that the Japanese bike assembler has increased the overall plant capacity to 1.35 million units per annum from 750,000 units a year with the timely completion of the seco nd p ro duct i on li ne at i t s Sheikhupura plant. Premium on Honda CG125 has gone up by Rs3,000 as dealers are selling the bike for as high as Rs119,000. The bike is on display at some showrooms on Akbar Road, Karachi, but dealers say they are not for on-spot sales and have already been booked. But if any impatient buyer insists on quick delivery, he will get the bike at a price of Rs117,000-119,000 depending on black and red colour, respectively. The company’s original price is Rs105,500, exclusive of Rs4,000 for lifetime tax and registration. In October, last year, Honda CG125 was selling for Rs114,000-116,000 (including the premium). Moreover, the normal delivery time after the booking ranges from 15 days to one month for the black colour and one month to 40 days for the red colour. “Low supplies from the plant are not matching up with the huge demand,” a dealer said, adding that the model had been in hot demand for almost two years. In October 2016, CD70 was also available at a premium of Rs4,0005,000 but now it is easily available onspot sale at the company’s price due to improved supply from the company. Other models of Honda are also easily available on-spot delivery. Atlas Honda Ltd (AHL), which has already increased its production capacity, has not taken any serious action against dealers charging premium. The AHL had raised the price of Honda CG125 by Rs500 in October 2016 while keeping the prices of other models

unchanged. The overall sales of Honda bikes swelled to 626,040 units in July-February 201617 from 532,183 units in the same period a year earlier. The company sold 811,034 units in 2015-16 as compared to 653,193 units in 2014-15. In January, production and sales touched record 86,100 and 86,074 units, respectively. In its quarterly report for OctoberDecember, AHL said demand for consumers durable increased in rural areas as the agriculture sector posted robust growth due to better water flow, subsidy on fertilizers and better yields of the kharif crops. Livestock, fishing and forestry also showed progress. Meanwhile, some hot-selling Chinese bikes have also become costlier, while delivery time of Honda City car has gone up to September from May to August a few days back. Assemblers of Chinese bikes have increased prices by Rs700-1,000 a bike amid rising demand. The companies attributed price hike to higher input cost due to rise in steel, plastic and rubber prices on the world market and impact of the exchange rate. Sabir Sheikh said that due to late delivery and premium, customers were buying 125cc Chinese bikes which had almost the same design as that of Honda CG125 and were easily available on installment. Due to lack of uniform policy in valuation, custom duties and non registration of retailers in sales tax – around 80 per cent units falling under SME are closed now, he said. These closed units can be reactivated through change in policies. The government, Sabir said, has not changed any policy on the two wheeler segment in the last three budgets. The PML-N will present the new budget of 2017-2018 which is going to be an election budget and it may be loaded

with incentives and concessions for the general public. However, small and medium sectors need government’s attention in the new budget especially two wheeler industry. The government must take notice as to why only few bike assemblers have been doing a roaring business especially one leading Japanese bike maker whose production and sales is above 40 per cent of total bike market. Sabir said that the 1993 CD-70 (original Honda) and many replica Chinese brands of CD-70cc are causing back problem and internal shoulder injuries to the buyers as low quality shock absorbers cannot sustain the pressure of pathetic road conditions. All over the world the 70cc bike production has been discontinued by over 10 years but in Pakistan it is running successfully due to competitive prices. As a result, the roads are flooded with two wheelers. The provincial governments must introduce five year road tax on bikes and on five to 10 years old the provincial road tax must be increased in big cities. It may hit urban customers but it would help shifting of two wheelers to rural areas. To a query why sales of Suzuki and Yamaha are not running at par with Honda, he said no doubt the quality of Suzuki and Yamaha is good but the prices of both brands are higher for common users of bikes. Yamaha sales plunged to 7,738 units in July-February 2016-2017 from 11,198 units in same period last fiscal. Suzuki sales slightly went up to 12,037 units from 11,670 units in July-February 20152016. United Auto Motorcycle sales swelled to 214,379 units in the eight months of current fiscal as compared to 172,323 units in corresponding period last fiscal.

The government must take notice as to why only few bike assemblers have been doing a roaring business especially one leading Japanese bike maker whose production and sales is above 40 per cent of total bike market. www.automark.pk | April-2017 | Page 16

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Monthly AutoMark International

Budget Proposal - 2017-18

Budget proposals to tackle rising demand of cars APDMA demands commercial import of used cars Keeping in view the demand of and subsequent sharp rise in prices of vehicles, All Pakistan Motor Dealers Association (APMDA) has demanded the government to allow import of used cars commercially. In a budget proposal sent to the ministry of finance and others institutions concerned, APMDA on last month has claimed that a sharp increase in the price of vehicles has been recorded during the last coup le of years, following improvements in law and order situation and development activities in the country. However, the assemblers of cars have failed to meet the rising demand in the market. Amidst the high demand and unavailability of new cars in the market, local assemblers have acquired a monopoly on prices and supply, and the freedom of choice of the consumers is severely restricted. The budget 2017-2018 proposals, copies of which are available with Pakistan

the documentation of the economy and would generate 100pc more revenue for the government. It would also bring the import of used vehicles’ business into the tax net and will help the government expand its tax base. We suggest that only the certified members of APMDA should be allowed to import the used vehicles on a commercial basis for the sake of transparency of the trade. According to the proposals, the existing schemes for the imports of used vehicles are for the facilitation of overseas Pakistanis. It is recommended that in these schemes there should be no restriction of age limit for the import of vehicle. The importers of used cars opine that local assemblers are enjoying the monopolistic and consumer unfriendly benefits of restrictions on used vehicles’ import for the last many years. It is important to note that there has been no increase in their production or any

The importers of used cars opine that local assemblers are enjoying the monopolistic and consumer unfriendly benefits of restrictions on used vehicles’ import for the last many years. It is important to note that there has been no increase in their production or any reduction in their price. They continue to fleece common people in the shape of 100pc advance payment at the time of booking of a car Today, say in the years 2005-2006, the import of used vehicles was permitted after a long gap of 12 years. The importers of used cars have proposed the government to allow commercial imports of used vehicles of up to 5 years. Allowing commercial imports, in addition to existing schemes for the import of used vehicles like Transfer of Residence Scheme, Gift Scheme and Baggage Scheme, would be in line with the government’s policy of

reduction in their price. They continue to fleece common people in the shape of 100pc advance payment at the time of booking of a car, and the delivery of a car takes three months to six months! As a result of delays in car delivery, the black marketer charges a hefty premium from innocent people. They arbitrarily increase the price of their cars as and when they desire, resulting in a significantly greater financial burden for the common man and profits for the

auto assemblers. The promised levels of deletions have also not been achieved, despite the passage of many years. It is also pointed out that in the present government’s tenure, the exchange rate of Japanese yen depreciated almost 40pc but the local assemblers have not given this benefit to the consumers in the shape of a price reduction. It says that regulatory duty income decline has led to a huge revenue loss, which is verifiable from all the Collectorates of Customs. The issuance of notification C.G.O. 01/09 dated 1301-2009 has deprived the legal, social and ethical right to obtain the depreciation @2pc per month on old and used vehicles of above 1800cc imported by overseas Pakistanis. This facility was available for the last 30 years, before it was abruptly withdrawn. As per current S.R.O. the depreciation of the taxes and import value of used vehicle is @ 1pc per month. The importers are already paying a high tariff rate on account of Regulatory Duty, 60pc on the vehicles of above 1800cc (Cars and Jeeps) and devaluation of currency. For the record, it is important to note that the local assemblers are not assembling cars of above 1800cc. The imports of 1800cc cars and jeeps would not affect the local auto assemblers, as they are charging an unfair profit on their smaller capacity vehicles. According to used car importers, the Amnesty scheme of March 2013 had resulted in regularising 52000 smuggled vehicles of various engine capacities without any restriction of its age limit. The simplification of the import procedure of used vehicles of all engine capacities and the fixation of duty for all used vehicles would also help the government to enhance its tax base.

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An exclusive review by Automark team

New entrants aim to take the auto market by storm Amid inconsistency in the policy as always blamed by the existing auto assemblers – the new foreign auto makers are highly optimistic for a promising future of Pakistan’s car and heavy vehicle sectors especially. They see a robust demand of cars in view of low interest rates and rising standard of living of middle class. For heavy vehicle sector they pin hopes on additional demand of heavy vehicles depending on the success of China Pakistan Economic Corridor (CPEC). Pakistani print media in the last six to eight months have run a series of lead stories relating to the intention of European and Korean car makers dying to take a plunge in the market dominated by Japanese car makers like Toyota, Honda and Suzuki. In heavy vehicle segment Hinopak Motors hold big a market share in trucks and buses followed by Isuzu and Nissan. Some Chinese brands are looking forward to make a deeper inroad in view of CPEC related demand but Japanese brands are far superior in technology and quality than Chinese brands. Arrival of new comers is certainly big news for the car buyers who are not satisfied with the products being rolled out by the Pak Suzuki especially. Vending industry must be excited for getting additional orders for part making in case more local assembly plants are setup. Besides, the new entrant arrival would also open new job avenues especially in the vending industry. PML-N government deserves the credit of making friendly new entrant auto policy on which foreign players’ are ready to cash their luck in Pakistan’s volat ile economic and polit ical situations. Certainly the result of 2018 elections must be in mind of the foreign car and heavy vehicle assemblers who will also decide whether they would honor their past commitment and confidence which they have shown now to the PML N government or will roll back out in case other than PML N government comes in power and introduce changes in the

policy. Sources said that new entrants are slowly and cautiously moving towards their future plans in view of 2018 elections and its results. However, purchasing land by car giants is not a heavy burden on them as land prices have always paid very high in Pakistan especially in PML-N government rule since May 2013. However, the existing car assemblers have always blamed inconsistency in the policy of various governments due to which they (especially Pak Suzuki and Indus Motors) could not introduce new models. The governments have also encouraged used car imports which definitely eroded the market share of existing assemblers. Despite this huge interest of European and Korean players to set up assembly plant is surprising as they are relying on incentives which the new auto policy 2016-2021 has promised. Contrary to the reality that bulk of imports comprise of used 660-1,000cc vehicles the European and Korean car assemblers intend to introduce their low engine power vehicles which will compete with used cars as well as local made Japanese cars. One of the things to lure foreign car makers is absence of any strict action by t h e p re v i o us a n d cu rr e n t governments on increasing car prices by the assemblers. The governments had never taken to the task the assemblers for pushing up prices three to four times a year on currency parity and other excuses. Even the on money menace still exists due to delivery of vehicles in three to six months. It seems that these players are not interested in taking a big slice or give a tough time to the existing players. They will initially focus on the volume of 40,000-50,000 units which the used car importers have captured by bringing in three years old vehicles under various schemes introduced by the government. As the Budget 2017-2018 is round the corner, used car importers have started building up pressure on the government

for more concessions so that consumers can get easy access to the high quality used cars. On the other hand, local car assemblers will do their best to avert the pressure of used car lobby urging the government to further tighten used car imports so that their market share could improve. Chairman All Pakistan Motor Dealers Association H.M. Shahzad urged Finance Minister Ishaq Dar that the car assemblers continue fleecing the people in the shape of advance payment at the time of booking of a car and delivering the vehicle in three to six months. As a result of delays in car delivery, the black marketer charges a hefty premium “on money” from the people. He said assemblers arbitrarily increase the price of their cars as and when they desire. After allowing Import of three years old car model – the local assemblers are enjoying monopoly on prices besides providing limited choices for the buyers. Shahzad urged the government to allow commercial imports of used vehicles of up to five years of age limit in addition to existing import of vehicles under various schemes. It would also bring the import of used vehicles business into the tax net and help the Government expand its tax base. The government, sources said, is unlikely to accept demands of the used car importers in new budget as it could not afford to ruin its plan of encouraging investment from European, Korean and Chinese assemblers. However, the incentives for new entrants appear highly attractive for which the existing assemblers like Pak Suzuki, Al Haj Faw Motors and Dewan Farooqui Motors are struggling to get same on which the government has so far not given any green signal. Al-Haj Faw had requested for new entrant status under the new ADP 20162021 as Greenfield. The company opined that the new policy deprives companies of any benefits and as such it would not be able to compete with new entrants. Daehan Dewan had requested the

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Monthly AutoMark International government for granting Brownfield status to their unit under new ADP 20162021 for production of Daehan, Ssangyong and KIA range vehicles. The cases of Al-Haj and Daehan Dewan were referred to Ministry of Industries highlighting the facts that though these are not exactly within the strict parameters of ADP 2016-21, both matters present opportunities for investment, competition in the market and thus might justify special treatment. However, the ministry felt the treatment can trigger similar requests from others and company specific modifications in the ADP 2016-21 at this stage as it would counterproductive. Perturbed over lukewarm response to earlier requests, Pak Suzuki said it would review its decision to invest $460 million if the government fails to respond to its request for incentives until April. Pak Suzuki, which has purchased the land, said total promised investment is around $660m in which foreign direct investment from Japan is $250m. PSMCL is going to arrange $210m through its own funds and bank borrowings while vendors will invest $200m. This is a one-time investment. The plant’s completion will be in 18-24 months. Coming to new entrants, leading business groups, who had made huge profits in their decades old business, are now ready to take the auto market by storm. Nishat Group, which has recently entered into an agreement with Hyundai Motor Company to set up a car assembly plant in Pakistan, is planning to introduce electric and hybrid passenger cars. It wants to first start the assembly of small cars to compete with the existing Japanese assemblers. The company would import these cars in the beginning and later also start assembling them locally. Nishat Group would invest $120m in the project that will be set up in an industrial zone near Faisalabad. The company has acquired land for the plant. Nishat Group will have 42 per cent stake in the new company with Millat Tractors holding 18pc and a Japanese firm 10pc. The remaining shareholding will be offloaded on the country’s stock market. Lucky Cement, a company owned by one of Pakistan’s largest business conglomerates Younus Group, has partnered with Kia, yet another Korean car brand, to assemble cars as well as commercial vehicles in Karachi.

French car maker Renault plans to invest $100m in the Ghandhara Nissan plant to bring its brand into Pakistan. It is not clear how Hyundai and Kia would create new interest among the customers who had already experienced these vehicles introduced by Dewan Motors which later wrapped up these projects in late 2000s due to financial problems. Hyundai and Kia had low resale value at that time. German car maker Audi AG expresses intent to assemble vehicles in Pakistan by setting up a plant. Through its authorized importer in the country, it has submitted a letter of intent to the Board of Investment (BoI) for consideration. The land for the plant has been purchased in Korangi, near one of Pakistan’s biggest industrial estates, and would mean a fresh investment of over $30 million which looks meager as compared to investment by Korean counterparts. Audi representative in Pakistan foresees the prices of lower-engine models to decrease in the range of 5-10 per cent if assembled in Pakistan. With regards to the heavier engine models – over the 1.8L categories – he sees a much bigger decrease of around 20pc. He means the A3 model, currently priced at Rs4 million, could come down to between Rs3.6 million and Rs3.8 million. It is not clear how Audi would survive on very low volume of sales per year for which it needs special incentive from the government. Due to lack of volumes – some assemblers had already packed up their business in Pakistan while existing assemblers say that they could not invest in new models due to thin growth in volumes and inconsistency in government policies. Even low volume would also not attract any local vendors. The German car maker would require at least 15-20 years to procure local components from the vendors depending on attractive sale volume. BMW is planning to launch lower end and mid range models in Pakistan, which is surprising that how a luxurious models can be cheaper. As per media reports – BMW hasn’t decided to set up a local car assembly plant though. The major attraction for foreign companies is the new policy which allows these investors to import tax free manufacturing plant equipment and pay

less taxes on import of parts when assembly starts plus various other incentives that can help new entrants in the automotive industry to set up their operations in Pakistan. National Logistic Cell will invest in auto sector with German collaboration in order to cater the rising demand of heavy commercial vehicles following the commencement of China-Pakistan Economic Corridor (CPEC). NLC has planned to install production plants [in Pakistan] with German Company to produce prime movers. The NLC will initially be investing Rs500-700 million to install a production plant in Pakistan in a bid to manufacture heavy commercial vehicles in collaboration with German MAN Truck and Bus Company. In the first phase, trucks will be produced to meet the requirements of Pakistan Army while in the second phase — keeping in view the rising demand under CEPC — heavy commercial vehicles will be produced as well. Around 700-1,000 heavy vehicles will be produced annually and later on the production capacity will be enhanced accordingly. Volkswagen Commercial Vehicles is in final talks with Premier Systems Private Limited – the authorised importer of Audi vehicles in the country – to set up a manufacturing/assembly plant for its Amarok and T6 (transporter range) models. On one hand the government is attracting foreign car players with its new auto policy and on the other hand the Government has made a change / amendment in new auto policy through SRO 483 dated 29th June, 2016 which states that it is compulsory every light commercial vehicle assembler has to establish ED Coat Painting system in his auto assembly plant. Al Haj FAW has invested around Rs 400-500 million for the establishment of ED painting system including the cost of land and material. One thing is now sure that every new entrant would need to invest Rs400500 million at least for ED painting facilities as per government’s directives. In case the new entrants fail to achieve desired sales volume -- the plant and machinery investment coupled with ED paint facility would go in waste. This is certainly a risk on which the new entrants need to ponder.

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Exclusive Article by Anwar Iqbal

RETURN OF HYUNDAI MOTORS IN PAKISTAN In current scenario both Korean automobile giants i.e Hyundai and KIA officially tied up with Nishat Group and Y.B Group. Now the question is how can DFML will be able to re-launch “Shehzore” which is basically a Hyundai product. Hyundai Motor Company plans to set up a car assembly plant in Pakistan in a joint venture with local textile firm Nishat Mills and Sojitz Corporation Tokyo another local tractors assemblers, Millat Tractors shall also be minority share holder. Hyundai used to assemble cars in Pakistan until 2004 but withdrew after their local partner Dewan Farooque Motors Limited went into financial turmoil and forced to close the operations of its automobile assembly plant.

vehicles in the country, currently ruled by three Japanese automakers, namely Suzuki, Honda and Toyota. Besides, there is still a huge demand of automobiles in Pakistan. “Pakistan’s car penetration of 13 vehicles per thousand persons is significantly lower than the regional average of 162”. The report said there is a strong potential for automobile growth due to higher disposable income and low interest rate environment.

The following announcement was made by the Nishat Group.

Nishat group of co m p a ni es i s a premier business house of Pakistan. The group has presence in all major sectors including Textiles, Cement, Banking, Insurance, Power Generation, Hotel Business, Agriculture, Dairy and Paper Products. Today, Nishat Group is considered to be at par with multinationals operating locally in terms of its quality products and management skills. Nishat Mills Limited is the flagship company of Nishat Group. It was established in 1951 The Company's production facilities comprise of spinning, weaving, processing, stitching and power generation. Now Nishat Mills is officially moving into the automobile industry through its union with Hyundai Motors. The Nishat Group, owned by the Mansha

“The board of directors of Nishat Mills Limited has resolved to enter into a memorandum of understanding with Hyundai Motor Company (HMC), Seoul and Sojitz Corporation, Tokyo for negotiati ng and establishi ng a framework for setting up a green field project for assembly and sales of HMC passenger and one ton range commercial vehicles in Pakistan,” said a notice issued to the Pakistan Stock Exchange. “The (South) Korean car maker wants to first start the assembly of small cars that could compete with the existing (Japanese) assemblers already operating in this market. Local; partner i.e Nishat group is trying to convince them to also bring electric and hybrid cars. The group has already acquired the land for the plant near Faisalabad and will invest $120 million in the project. Nishat Group will have 42% stake in the new company with Millat Tractors holding 18% and Sojitz Corporation - a Japanese firm, 10%. The remaining share holding will go to country’s stock market. Last year, the government unveiled new auto policy to attract investments into assembling and manufacturing of

Nishat Group

Hyundai Pony - 1975

family has its toes in banking, cement power, and many other sectors and now is broadening its horizons by entering into the auto industry. The chairman of the group is Mian Muhammad Mansha who is a prominent Pakistani industrialist and entrepreneur with major businesses setup in Pakistan. With decades of success to his credit, he is among the highest tax paying individuals in Pakistan. He is also the Chairman of MCB bank and Adamjee Insurance Company.

Sojitz Corporation

Sojitz Corporation was formed out the union of Nichimen Corporation and Nissho Iwai Corp oration, bot h companies that boast incredibly long histories. In April 2003, Nichimen C or p o r at i on a nd Ni ss ho I w ai Corporation established a joint holding company, integrating their businesses the following year to become the Sojitz Group. Nichimen and Nissho traced their history back to three trading company titans who played an instrumental role in the development of modern Japan. These trading companies existed, in some form, throughout the opening of Japan, the industrial revolution of the Meiji and Taisho Eras, the nation's postwar recovery, and its rapid growth thereafter: For more than 150 years, their business has helped support the development of countless countries and regions. Today, t h e S o j i t z Gr o up c o n si st s o f approximately 400 subsidiaries and affiliates located in Japan and

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Monthly AutoMark International throughout the world, developing wideranging general trading company operations in a multitude of countries and regions.

Hyundai Motor Company H.M.C is a South Korean multinational

automotive manufacturer headquartered in Seoul, South Korea. The company was founded in 1967 and, along with its 32.8% owned subsidiary, Kia Motors, together comprise the Hyundai Motor Group, which is the world's fifth largest automaker. However Hyundai was forwarded as small construction firm by Chung Ju-yung in 1947. Hyundai is itself the fourth largest vehicle manufacturer in the world. Hyundai operates the world's largest integrated automobile manufacturing facility in Ulsan, South Korea, which has an annual production capacity of 1.6 million units. The company employs about 75,000 people worldwide. Hyundai vehicles are sold in 193 count ries through some 5,0 00 dealerships and showrooms. The company's first model, the Cortina, was released in cooperation with Ford Motor Company in 1968. When Hyundai wanted to develop their own car, they hired George Turnbull in February 1974, the former Managing Director of Austin Morris at British Leyland. He in turn hired five other top British car engineers. In 1975, the Pony, the first Korean car, was released, with styling by Giorgio Giugiaro of Italy, Design and power train technology provided by Japan's Mitsubishi. Hyundai Pony was also imported in Pakistan in limited quantity but

Hyundai Excel as Yellow Cab in Pakistan

could not be successful because of Japanese brands domination in Pakistan market. Hyundai got first break thru into Pakistan market during Pakistan’s famous yellow cab scheme 1993. The Prime Minister Nawaz Sharif introduced ‘Yellow Cabs Scheme’ to modernize taxi service in Pakistan while giving jobless an option of self-employment. A local importer / distributor M/s. Kandawala Motors, introduced as a cab was the Excel sedan by Hyundai Motors. The car came with a 1.3-liter petrol engine which is very economical yet powerful. Hyundai Excel had simple gear box which is better because it has five-speed manual transmission. Hyundai had a unique thing which other cabs didn’t, this round shaped taxi sign resembling M.A Jinnah tomb in Karachi. While most of the cabs have been privatized, you can still spot handful Hyundai Excels yellow cabs in Karachi. Unfortunately the yellow cab scheme was badly failed but it becomes a fortune for Hyundai as Hyundai name as a good car, was registered / established into the Pakistani customer’s mind.

Dewan Farooque Motors Company Ltd Former Assemblers / Licensee of Hyundai Motor Company Korea, in Pakistan Dewan Farooque Motor Company Limited (DFML) was incorporate in D e ce m b er 19 9 8 . D F ML m ad e agreements with Hyundai assemble and sell their vehicles in Pakistan. In the year 1994 DFML launch first Hyundai vehicle in Pakistan. It was a light commercial vehicle with One Ton load capacity. DFML gives it local name “Shehzore”, It is called “Porter” in Korea. The launching of this vehicle becomes a success symbol for DFML. Shehzore became market leader in its segment and defeated Toyota Hiace which was market leader at that time. Subsequently Hyundai Santro hatchback four doors car having 1000 CC engine was launched in Pakistan by DFML in the year 2000. This was first generation Santro. This model was totally failed in Pakistan. However in the year 2003, DFML launched second generation Santro. This model was accepted by the customers and was successful in Pakistan market. DFML was the part of Dewan Group,

Dewan acquired Pakland Cement in 2004 for Rs. 1.1 billion in cash soon after which Dewan group started to post losses cascading into problems for the entire group in just 24 months. Things kept turning from bad to worst and by 2008 were vanished from mainstream news. Dewans were eventually declared the defaulters of over Rs. 45 billion. Resultantly assembly and marketing of Hyundai vehicle in Pakistan was also stopped.

What would be the future of DFML . . . The following was officially announced by DFML in September – 2016. “Dewan Farooque Motors is restarting its production by end of October 2016, according to an official announcement made to shareholders on Monday. Dewan Farooque Motors will be manufacturing vehicles of different segments under toll manufacturing arrangement for which the installations of jigs and fixture are in the process for assembly plants. The company also has entered into a toll manufacturing agreement with Daehan—Dewan Motor Company, which is a joint-venture between Yousaf Dewan Companies and KOLAO Group based in Lao PDR and South Korea. The revival would likely to see the re-launch of Shehzore 1-Ton single rear wheel truck and Shehzore 1Ton truck. The company planned to launch passenger cars, light commercial vehicles and SUVs in collaboration with KIA Motors Korea in years to come”. In current scenario both Korean automobile giants i.e Hyundai and KIA officially tied up with Nishat Group and Y.B Group. Now the question is how can DFML will be able to re-launch “Shehzore” which is basically a Hyundai product.

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Hyundai Shehzore

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7 Steps to Ethical Leadership

Leadership has truly a clear impact on organizational outcomes and what it turns out to achieve. Research has revealed the fact that antecedents and consequences of leadership styles and the effects of leaders’ personality traits. Ihereby focus the said area whichis worthy enough and unfortunately have not been in discussion so widely.Ethical leadership practice and the virtues that guide it, Leaders see their constituents as not just followers, but rather as stakeholders striving to achieve that same common purpose... The key to having an ethically run company is employing morally upstanding leaders and at the top of it, recruiting employees who act as per the ethical norms at the workplace while considering the significance of safe work environment. It is important for leaders to tell a compelling and morally rich story, but ethical leaders must also embody and live the story. Ethical leaders have a tremendous impact on how people in their organizations behave and what they achieve. Those who succeed in leading ethically, not only improve their business and organizational culture, but also help make a difference in the world. Ethical leaders pay special attention to finding and developing the best people. Effective leaders focus on what’s right and exemplify to their people that they are there to help, and not to exploitother where they seem vulnerable enough. Their organizations typically respond to their example and their desire to serve others and make a positive difference while practicing the mantra of ‘Lead by example’. Ethical leaders often mention to us about our identity, what we are and the hidden potential in on he could become, how we live and the way we could make it better further. Below mentioned practices are the ones I think are most significant which leaders can take to integrate Ethical Conduct into their organizations, including: 1. Face the complexity involved in making ethical choices: Openly discuss

the ethical gray areas and acknowledge the complexity of work life include the work life balance and hard-to make choices. Involve others in more of the ethical decisions. Be a leader who talks about the difficult ethical choices, and help others learn to take responsibility for making ethical decisions carefully. 2. Don't separate ethics from day-today business: Leaders must make it clear to their employees that ethics is "the way we operate" and not a training program or reference manual. Every activity, whether it is a training program, a client meeting or an important top management strategy session, should include conversations about ethics by default. 3. Don't allow negative interpersonal behaviors to erode trust: Make respect a load-bearing beam in your culture. Be an ethical leader who expects it and practices it. Cultivate a respectful environment in which people can speak up about et hics and share the responsibility for living it. Building trust, demand open communication and share the ownership of organizational values. 4. Don't think about ethics as just following laws and regulations: Leaders need to take action and show consumers and other stakeholders that they are actively engaged with ethical issues that matter. Recognize how ethics influences consumers' reasons to buy from you, and demonstrate a commitment to go beyond mere compliance with laws and regulations. They must prove that they are committed to ethical issues, including human rights, social justice and sustainability. 5. Don't exempt anyone from meeting ethical expectations: Allow no excuses. Make sure that no one is exempted from meeting the ethical standards that are adopted. Maintain the status of ethics as a total, absolute, "must do" in the organization. Hold everyone, particularly senior leaders and high profile managers, accountable. No exceptions. 6. Celebrate positive ethical moments: Be a p roacti ve et hical leader, championing high ethical conduct and emphasizing prevention. Managers should talk about what positive ethics

looks like in practice as often as t he y t al k about what to avoid. Take time to celebrate positive ethical choices. 7. Talk about ethics as an ongoing learning journey, not a once-a-year training program: Integrate ethics into every action of the organization — everything people do, touch or influence. Talk about ethics as an ongoing learning journey, not something you have or don't have. Recognize that the world changes constantly, and that ethical conduct requires that everyone remain vigilant. At the end, I would like to conclude with the thought of American Lecturer and famous trainer, Dale Carnegie; ‘One of the most tragic things I know about human nature is that all of us tend to put off living. We are all dreaming of some magical rose garden over the horizon instead of enjoying the roses that are blooming outside our windows today’. Same goes for the leadership, the ethics we need to practice and develop within our leadership style are not something to be showered from the heightened skies- yet to be explored in within ourselves. Aforementioned practices are all about the hidden potential and my experience of over 2 decades, one could become the exceptional leader while listening to the voice of soul and those who do not consider the ethical choices of their very own nature shall end up doing regret. Being leaders, we are here to inspire and the one is responsible not only to assign task and supervise operations, but to produce leaders too. Writer Brief Profile: Faisal MubinGanatra, is a visionary, dynamics and charismatic leader. He’s a Fellow member of Institute Chartered Accountant of Pakistan, Fellow Member of Inst it ut e of Publi c Finance Accountant, Member Of Supply Chain Association of Pakistan, Members of Marketing Association of Pakistan, Member of CEO Club & Member of Club 100.

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Product Launch Event by Ahsan Mirza

Monthly AutoMark International

Bullsone Car Care Products Introduced in Pakistan at PAPS 2017 Create a future beyond expections! AIMING TO TOP THE MARKET Korean No. 1 Car Care Products - Bullsone Pakistan Auto Parts Show 2017 was a huge success, where exhibitors from around the globe showcased their products and expertise. Old and experienced players from the auto industries were familiar names at the show, while some new names also made their presence felt. One such name was Bullsone, a leading Korean Car Care Products, which has been introduced in the Pakistani market by a local leading company in this business. Bullsone Co., Ltd. began as an independent entity in 2001, branching off from Oxy Co., Ltd., a leading Korean enterprise. Since then, it has developed into Korea's No. 1 company for auto care products. It manufactures products in an array of categories, which includes Surface Care, Engine Care, Air Care and Glass Care. Some of the flagship products of Bullsone introduced are Bullspower (Engine oil treatment) which protects the engine wear and tear by AOMC Coating (Advanced Organic Molybdenum Compound is used for spacecrafts and high-precision ballistic missile components) and Fullerene (The Nobel Prize-winning nano-bearing material that is 10 times stronger than steel). Beside this, the 6-in-1 total fuel system cleaner was also a notable product that has additional five features than conventional injector cleaners’ additives available in the market. Other products in this category that were

displayed are Air intake system cleaner, Engine degreaser, multi-purpose lubricant, and the Anti-freeze Coolant. Bullsone all oil and fuel treatment products are TUV certified and some of them are also EPA certified products that make it safe for use. F or the surface care, Bullsone introduced many products including surface polish, car shampoo, tire shield, interior cleaner, leather cleaner etc. but the most impressive product in this category was Crystal-Coat which is an economical and DIY (Do it yourself) version of Glass coating. The Glass Care products include Rain Repellent, Washer Fluid, Ultimate Glass Clean, Deicer and Anti-Fog was also showcased in the exhibition.

For the Air Care, Bullsone displayed Air Fresheners (Grasse, Pola family) and Deodorizers. The most impressive thing about the air fresheners was the quality of the scent that cannot be found in the products available in Pakistan because the ingredients used in these products were imported from Grasse (a French town considered as the world’s capital of perfume) and it uses 100% essential oil that makes it safe to use. The display of Bullsone products in the exhibition with the demo of its products made it an attractive stall for the car lovers as well as general public. Bullsone offered a special discount coupon to visitors for the launch of website (www.bullsone.com.pk) that can facilitate customers on online orders on Cash on Delivery basis.

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PAPS-2017 Gallery by AutoMark

Pakistan Auto Show 2017 Concludes on a positive note 3 - 5 March 2017, Karachi Expo Center

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Total Parco participate in Pakistan Auto Show 2017 as Gold Sponsor

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Pakistan Auto Show 2017 - Review

Auto show points to bright future ahead for sector Industries and Production Minister Ghulam Murtaza Khan Jatoi inaugurating 13th Pakistan Auto Show 2017 The expanding auto market having a 30 percent growth potential in Pakistan has attracted Renault, Hyundai and Kia motors to set up their assembly plants in Pakistan. According to Prime Minister’s Special Assistant on Investment and Chairman, Board of Investment, Dr. Miftah Ismail, who was speaking as the Chief Guest at the closing ceremony of Pakistan Auto Show (PAPS 2017), said no FTA will be signed at the cost of local industry, economy or employment of people associated with it. Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) Chairman Mashood Ali Khan welcomed the minister and thanked him for applauding auto industry's role in improvement of national economy. “Auto manufacturing is a f ully documented industry that ranks amongst the top three taxpaying industries in Pakistan. However, the industry's performance and growth is being threatened by a few issues that can be solved if the government shows more vigilance and commitment to the policy prescribed in the ADP 2016-2021 an d e xe c ut e i n v e s t m en t p l an accordingly,” he added. He said that the Auto Development Plan 2016-2021 was announced by the government after long dedicated discussion with the stakeholders and our suggestion to include the existing players and auto parts manufacturers for incentive was promised but omitted from final ADP. “Localization of Hi-Tech parts in the cou ntry is possible only if the government supports the industry with investment incentives same as special Economic Zone (SEZ) and PAAPAM requests for SEZ status for setting up plants for parts not yet locally produced,” he added. PAAPAM chairman said that they

propose the following conditions to qualify for SEZ status under ADP: (a) Green field investment by global or domestic Auto Parts Manufacturers (b) Parts for Engine, transmission, suspension, body, etc. that have never before been produced in Pakistan for any auto assembler. Besides, level playing field should be offered to existing assembler as well. He also highlighted the issues of Regulatory Duty (RD) which was imposed on steel two years ago when the prices of steel were low, but today international prices are constantly rising which makes it more difficult to bear the burden of RD. “The new automotive development plan 2016-2021 has given tariff structures, and it is against the policy to modify its approved tariff structures by making the Levy of RD on raw material not manufactured locally,” PAAPAM chairman said. He requested the government that all imports of raw material under SRO 655 be exempted from RD under SRO 568, as similar exemptions have been granted to other sector, such as import under SRO 565, SRO 678(1)/2004. He also expressed concerns on free trade agreement (FTA) with Thailand & Turkey. Citing the examples of FTA with different countries already in place which have not given benefits to the

country, the Ministry of Commerce should come up with a specific mechanism for FTAs under negotiation and also take the entire industry on board. Automotive industry in Australia has been badly hit due to FTAs signed by Australia which did not benefit the industry and some of the manufacturing units are under closure this year. “The automotive industry in Pakistan needs to be considered as special sector while negotiating with Thailand & Turkey as the sector in these countries is highly developed and Pakistan should be placed with them for Transfer of Technology instead of imports,” he requested. “We must negotiate FTAs with an eye to the future. Pakistan cannot hope to break through unless it gets integrated with global supply chain & value chain, only smart FTAs will help us do that,” he added. He urged the government to follow footsteps of Japan, Korea, and other countries which prepared their trade policies like warfare strategies so that their local industries did not suffer and now their companies are among the top auto manufacturers around the globe. Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) Chairman Mashood Ali Khan welcomed the minister and

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Monthly AutoMark International

thanked him for applauding auto industry's role in improvement of national economy. We believe that a vibrant Automobile Industry can fulfill the objectives of Self Reliance through Industrialization and Job Creation in the country. We assure the Government and the people of Pakistan of our untiring efforts to bring new Technologies in the country and to continuously invest to promote indigenous manufacturing of automobile Parts in Pakistan, said Chairman PAAPAM. The minister welcomed the international exhibitors, who participated in this show and thanked them for the confidence expressed by them in the economy of Pakistan. He also added that this exhibition truly depicts the potential of the Auto Engineering Sector of Pakistan, which has played a major role in the economic growth of Pakistan in recent years. This is evident from the phenomenal growth in the auto sector, which once again crossed the barrier of 218,000 automobiles in the previous financial year. “Hopefully the momentum will continue in the current year as well. I hope that the auto industry will gear up to the new challenges ahead of them and wish them all the success in meeting these challenges,” he added. While talking about the auto policy, he said as a consequence of the new auto policy announced by the government last year, many international automotive companies have decided to set up assembly plants in our country. “The mega China Pakistan Economic Corridor (CPEC) includes projects for setting up of industrial zones and power generation plants along the entire route of the corridor, which have already attracted direct foreign investments into our country,” he added Toyota Corporation Vice Chairman Toshiya Azuma in his speech on the occasion said, “Pakistan's new Auto Development Policy offers great incentives to the auto industry and it is a l r e ad y at t r a ct i n g ma n y n e w automakers. The new policy will lead auto sector to more business growth while it will surely increase consumer choice.” The thinking behind this policy will drive Pakistan's auto industry forward, said

Toshiya, adding that it can then compete with other regional auto industries with great success. “As an auto manufacturer based in Pakistan, our vision is to make for Pakistan, in Pakistan and with Pakistan,” said Toshiya. He said that the auto industry is important for every developed country as this industry is often termed as the “mother of all industries” because it has many forward and backward linkages. “Many developed economies including USA, China, Thailand, India and Turkey have achieved superior progress because they had a strong auto manufacturing base,” he added. He said the PAPS 2017 is a great success. “It will focus on the valuable role the auto sector is playing in the industrial growth and development of Pakistan. Such events greatly help local vendors and provide a platform to increase investments,” said Toshiya. The Guest of Honor at PAPS closing ceremony, Mr. Zubair Tufail, President FPCCI, said that Sindh is becoming the hub for auto engineering. “We already have a strong presence of the car, two wheeler and truck sectors. These auto sectors present in Sindh fully reflect the Japanese technology and practices being implemented by Aut o Parts Manufacturers based in this province,’ said President FPCCI. “The Sindh government has announced three Special Economic Zones, for foreign investors with lucrative incentives. International Special Economic Zone (ISEZ) will include an Expatriate Enclave with modern infrastructure and tax incentive package such as exemption of custom duties and taxes strictly on import of capital equipment,” he added. The expanding auto market having a 30 percent growth potential in Pakistan has attracted Renault, Hyundai and Kia motors to set up their assembly plants in Pakistan. According to Prime Minister’s Special Assistant on Investment and Chairman, Board of Investment, Dr. Miftah Ismail, who was speaking as the Chief Guest at the closing ceremony of Pakistan Auto Show (PAPS 2017), said no FTA will be signed at the cost of local industry, economy or employment of people associated with it. The government will also consider

PAAPAM’s proposal for removal of Regulatory Duty on ‘auto grade steel’ in the forthcoming budget 2017. Chairman Board of Investment (BOI) Dr. Miftah Ismail added that Renault, Hyundai, and KIA assembly plants would ultimately help auto parts industry to grow. “Car market is expected to grow by 30% as existing OEMs are also investing in new plants,” said Miftah. He said that Foreign Direct Investment is also coming to Pakistan through CPEC projects. He reiterated the government’s stance towards ensuring the laying of proper groundwork for FTAs between Pakistan and other countries in a manner that does not affect the production and export of local auto parts. “There is misconception among the masses that the government has introduced policies that encourage import of auto parts and machinery r a t h e r t ha n e n c o u r a g i n g t h e manufacturing of these parts locally in Pakistan,” said Miftah. He spoke of the government’s efforts in bringing about a positive influx of interest and investments from several international players, and stated that the government would not bring policies that would harm the integrity of the country’s industries or discourage local manufacturers from actively producing and exporting their goods. Miftah Ismail also said that Regulatory Duties and Anti-Dumping Duties were imposed on import of steel materials, to protect the local industry. However, we will fully support the local auto parts manufacturers in removal of these duties from ‘auto grade steel raw materials’ which are not manufactured locally. He stated that the possibility of signing FTA’s with several Asian countries, who intend to open trading links for the export of auto parts to Pakistan, are also been considered by the experts of the industry, and full consultation is being carried out with the auto sector as well. PAAPAM extends its sincere gratitude to Prime Minister’s Special Assistant on Investment and Chairman, Board of Investment, Dr. Miftah Ismail, and other Government Dignitaries on gracing the Pakistan Auto Parts Show 2017 with their presence and support.

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Exclusive article by Zeeshan Ahmed Ganatra

Monthly AutoMark International

Entrepreneurship in Pakistan The Land of Opportunities T

he primary objective of this article is to reveal a substantial amount of entrepreneurship capability waiting to be explored among the semi-skilled and skilled manpower of the population surplus countries of the world. Due to lack of necessary capital and market power, Risk Takers,entry & exit barriers, a large number of skilled workers are f orc ed t o s eek j obs an d help conglomerates’ to develop into pure monopolies. This paper likes to address all those possibilities that can provide opportunities for the better skilled workforce t o j oin the p ool of entrepreneurs where assembly line production processes can be subdivided for creating independent suppliers and develop a large numbers of Small Medium Enterprises which can contribute in overall economy of the country. The concept of entrepreneurship was first introduced in the early 1700s and its meaning and scope has evolved so on and on. To some entrepreneurship is simply known as starting one’s own business. However, its scope has been subject to discussion and debate by social scientists and it is made to include the following as well: i) One who bears the risk of new venture; ii) Appropriate arrangement of Resources iii) An innovator who markets his innovations iv) One who produces generic or standard or new goods v) One who looks for change with new ideas and making market norms vi) Maturity to stay in initial time or phase of the business until the breakeven point vii) Pro-Longing of Shut Down Point viii) Multiple moves and expansions Micro and small entrepreneurs play an important role in the economy of a country; activating and stimulating all economic activities. The economic success of any country depends on the opportunity, encouragement and rewards provided to these entrepreneurs which will give them a motivational gesture to go on…

Pakistan is the 6th highest populated (185 million people) country in the world. A review of its past economic growth strategies reveal that entrepreneurship has never been given exclusive importance by the planning of concerned Authority. The national plans have largely focused on the growth and promotion of largescale industry in the country instead of small medium enterprises. However, on their own initiative the informal and small businesses in the private sector have made substantial contribution (nearly half of the industrial output) in the production of goods and services in the economy of Pakistan (Gross Domestic Product). Pakistan has immense po tenti al to p romot e entrepreneurial activity on the lines of China with same frequency and support and can become strong competitor in attracting FDIs (Foreign direct Investments). CPEC and Gawadar Port development will also play a vital role and it can be used to drastic increase in Exports which will lead to effectively and efficiently manage the BoP (balance of Payment) and control the fluctuations in currency. Like all other countries, Pakistan also has a very high potential amongst various sectors for growth. The country is still considered relatively cheaper to supply various parts and components for large business firms operating locally or overseas. If we look at the Auto Industry only, In Pakistan presently there are approximately 200,000+ people employed in the auto industry, majority of them are contingent workforce. Pakistan on the average is able to export auto parts, worth nearly $20 million per annum. Among multinationals, many automobile companies, such as Honda, Toyota and Suzuki have their processing plants in Pakistan. We can say that Pakistan is undoubtedly very rich in resources, manpower and appropriate infrastructure but due to lack of rules, laws and their execution is brings the development bar down. Promotion and support of entrep reneurship is important. According to Global Entrepreneurship

Report 2010, Pakistan lags in the start-ups. One of the main reasons for this is that our youth who is currently grad uati ng from universities prefer to look for jobs instead of exploring the entrepreneurial career opportunities. We can say that there is a learning curve for our entrepreneurs as this has only been recently introduced here. Stati st ically t he rat io of entrepreneurs has been gradually increasing year by year. These sectors are mostly found in major metro cities of Pakistan including Karachi, Hyderabad, Lahore, Multan, Rawalpindi, Sahiwal, Faisalabad, Gujrawala, Sargodha and Sialkot. They key highlights of these businesses are given below: • Most of the businesses run on credit and on cash with certain ratio. • Major issues faced by these sectors were load shedding and increasing electricity bills. • Men mostly aged between 25 – 44 years are operating these businesses. • These businesses belong mostly to SEC-C and SEC-D socio-economic-class. • They have approx. average monthly savings of PKR 100,000 and are looking forward to expand their business operations on national level but expansion in international market still have skills set barriers Considering entrepreneurs as the engine of economic growth, it would be worth introducing customized financing from government as per Sharia to give them an opportunity to expand their business. This will help them to play their vital role more efficiently in the growth of the country. It is yet to be seen how much our young entrepreneurs contributes towards the progress and improvement of our economy. Nevertheless, this is a fact that the future holds unlimited prospects for all those who think big and we are very excited about it! Think BIG and do BIG rest is with CREATOR of the entire universe!

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Automotive Sector - Update

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Corporate News - Glimpses

A Chinese delegations visited D.S. Group of companies (assembler of leading motorcycle brand ‘UNIQUE MOTORCYCLE’ at Hyderabad – Sindh, on last month with SKR Industries Director Mr. Rahat Khalid and Mr. Saad Khalid

Invited for a business lunch at Okra by Board Director Mr. Sohail Yasin Suleman, Mr. Rainer Schmiedchen, Mr. Qazi Sajid Ali, Mr. Nadeem Kazmi and Ms. Ines Chabbi

Maj Gen Mushtaq Ahmed Faisal, DG NLC, visited Expo centre in 14th ITIF exhibition on last week in Karachi

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Corporate Event - Coverage

Improving Quality of Air for Industry and Caring for the Environment Rastgar Air Compressors Hosted a Dinner for Honoring Pakistan’s Industry

The need for high quality air for meeting the needs of Food, Pharma, textile and other industries was stressed by Chairman, Imtiaz Rastgar while addressing guests at a dinner in honour of dignitaries from manufacturing industries and the visiting team from Gardner Denver FZE, UAE. “It is part of our corporate social responsi bility to attend to t he Compressed Air utility in industry so as to supply the appropriate quality of air to each process at the lowest possible energy cost”, said Imtiaz Rastgar. Rastgar & Co, Authorized distributor of CompAir Air Compressors in Pakistan, hosted a dinner on 8th March, 2017 at Marriott Hotel, Karachi, Pakistan to honor industries of Pakistan for their business to Gardner Denver FZE and Rastgar. Mr. David Fenwick, Director Sales Gardner Denver FZE, specially thanked industrialist for showing confidence on CompAir Air Compressors and Rastgar

services.He met individually to all guests and spoke about latest innovation in compressed air technologies to make their businesses more profitable, with more energy efficient and productive machines. Managing Directors, CEOs and Directors from major industrials groups and Associations of Pakistan attended the dinner and appreciated the efforts put in by Rastgar Air Compressors for of f erin g rel iable prod uct s an d aftermarket services. Some of the guests were Mashood Ali Khan, Chairman PAAPAM, Haseeb Ahmed, Director Sitara Chemical Industries, Tariq Haroon Dada, EVP TATA Textiles, Qamar ud Din Khan, CEO Mehran Commercial Enterprises, Adnan Yousaf, MD Transpak Ltd, Dr. Rajpoot, Technical Director Nabi Qasim Industries, Asif N. Ansari, GM Hilton Pharma, Menin, CEO Shamrock and many more. Gardner Denver is a leading global provider of flow control technology,

application expertise and support services to a diverse customer base through a family of trusted brands.CompAir, A brand of Gardner D enver, focuses on developing engineered solutions for its customers' biggest operational challenges, with an emphasis on providing absolute reliability, increased efficiency and lower e ne rg y e xp en d i t ures whe re v er possible.Ground breaking compressed air technologies, such as Quantima, d e li v e r sup e r b e ff ic i en cy and performance. Plus with the dedicated in-house AirEnd manufacturing CompAir is able to specifically influence the performance of the compressor to achieve the highest levels of reliability and efficiency. Rastgar Air Compressors is authorized distributor of CompAir Air Compressors in Pakistan. For more information visit www.rastgar-co.com

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Corporate Event - Update

Monthly AutoMark International

Crown Group participate in Pakistan Auto Show 2017 as Gold Sponsor

Super Power Motorcycles 200CC Launching Ceremony held in Dubai during PSL-2017

April-2017 | Page 35

Corporate Event - Media Coverage

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Al-Haj Faw Motors (Pvt) Ltd., received Golden Distributor Award

FAW arranged the first ever international Distributor conference for light vehicles held in Xiamen City of China AL-HAJ won the best distributor among 17 countries. Iran also won the Golden distributor award but Pakistan had the edge as we were the only country with RHD. We have only 4 models and on the other hand other countries have 7-8 LHD models. FAW China plans to invest more in Pakistan due to its development and hopefully would be the base for RHD models in future INSHA ALLAH. It was the first sales and marketing conference

Al-Haj Faw participate in Pakistan Auto Show 2017 as Plantinum Sponsor

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Exclusive Internet Catch by Anwar Iqbal

Monthly AutoMark International

FLYING CAR IS READY TO TAKE OFF In the long term, Europe’s first flying car may have a better chance of success outside Europe. While building roads remains expensive and air is still free, countries with less developed infrastructure but less tightly regulated airspace, such as Africa, China or Russia After Czechoslovakia’s communist regime fell, in 1989, designer Štefan Klein began working on a concept for a flying car. Inspired by his newfound freedom, he aimed to translate that personal liberty to the skies. In 2010, he shared his work with his friend Juraj Vaculík, an entrepreneur. They joined forces to found AeroMobil and develop a viable commercial product. “We wanted to create a car and airplane without compromises,” Vaculík says, “to provide individuals with a new, interesting option for door-to-door personal transportation.” The European version of the flying car does have an added emotional value. F ormer sculpt or K lei n st ar ted experimenting with his father on a prototype in their garage in communist Czechoslovakia more than 25 years ago – an undertaking which, as he later found out, had been monitored by the state intelligence service. In 2010, he teamed with Vaculik to start AeroMobil to commercialize the project. In 2013, a prototype of the car was certified by Slovakia’s Aviation Authority for use in that country. The latest prototype is now undergoing testing for certification in Slovakia, and the company says it’s close to being commercially available. The dream of overcoming borders, said Klein, had always motivated his work on the vehicle: “In the Czechoslovakia, we got very good training as pilots, but we didn’t have the freedom to go anywhere. Nowadays I can use an app to check in my flight on the way to the airfield and I’m in Croatia in ten

minutes. For me the freedom to move is really in the DNA of this project.” The dream of door-to-door travel by flying car, he said, also hinged on Europe sticking to the principle of free movement. The reintroduction of border checks in the Schengen area would route all inter-state flights via airports. Juraj Vaculik and Stefan Klein have come up with what they call the “world’s most advanced flying car.” They say the vehicle can drive on standard roads, and upon reaching an open space of 200 meters, or about the length of two American football fields, spread its wings and take off. The entrepreneurs, who founded a company called AeroMobil to work on the project, presented a stationary version of their newest prototype in Vienna. The vehicle seats two and runs on regular fuel. Because it's capable of taking off from a ground speed of 130 kilometers (81 miles) per hour, it shouldn’t require an airport, and can fly as far as 700 kilometers, about the distance from New York to Toronto. AeroMobil is a flying car that perfectly makes use of existing infrastructure created for automobiles and planes, and opens doors to real door-to-door travel. As a car it fits into any standard parking space, uses regular gasoline, and can be used in road traffic just like any other car. As a plane it can use any airport in the world, but can also take off and land using any grass strip or paved surface just a few hundred meters long. In the long term, Europe’s first flying car may have a better chance of success outside Europe. While building roads remains expensive and air is still free, cou n tr ie s wi th less d e vel op ed infrastructure but less tightly regulated airspace, such as Africa, China or Russia. Vaculik is optimistic about getting permission to sell flying cars in countries with more lenient regulations, such as Australia, Brazil and parts of the Middle East. He says AeroMobil plans to target well-off commuters, but the product is

almost ready. “There’s 100 years of bureaucracy for the air and 100 years of bureaucracy for the road,” Vaculik says. AeroMobil has taken care to craft a vehicle that's modern-looking and visually appealing, Vaculik says “If it isn’t a beautiful piece of design, people will not want it.” When it does go on sale, the AeroMobil won’t come cheap. Buyers should expect to pay the price of a “super-luxury roadster,” plus that of a small airplane. Even if AeroMobil manages to create a safe, reliable and affordable car with wings, getting it onto the market is another matter. Governments haven’t been particularly receptive to the idea of allowing an alien-looking car from Slovakia to take flight from their highways, says Vaculik, AeroMobil's chief executive officer. He blamed permit restrictions for the cancellation of a public test flight that was supposed to take place at the festival this week. Instead, a video was playing on screens behind the grounded prototype, which stood on an indoor stage and was shown popping out its wings. If scepticism about AeroMobil’s vision persists, it is partly because the flying car has been part of visions of the future for so long that it almost feels retro. A first patent was registered in 1903, and Waldo Waterman’s “aerobile” went on its maiden flight in 1937. In 1940, Henry Ford prophesied that “a combination of airplane and motorcar is coming. You may smile, but it will come”.

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Exclusive written by Tahseen Kanwal

Punjab’s road infrastructure is ready to accommodate more traffic in cities

As many projects on road infrastructure has been done and still going by the efforts of PM Nawaz sharif. With the aim to provide safe, efficient and comfortable urban transportation system in the major cities of Punjab; the Government of Punjab has established Punjab Metrobus Authority (PMA) for c onstruc tion, operati on and maintenance of mass transit system. Lahore is the second largest city of Pakistan with estimated population of 10 million. The transport demand recently estimated by Japanese International Co-operation Agency (JICA) is 12 million trips, which includes 4 million short walking trips and 8 million motorized trips, on a usual weekday. The number of vehicles registered in Lahore increased sharply from 95 vehicles in 2001 to 238 vehicles in 2008; per 1000 population. The Lahore Metrobus meets the criteria l ai d out b y t h e I ns t i t u t e f o r Transportation and Development Policy. It has barrier-controlled, automated offboard fare collection, a service interval of less than 2 minutes during peak

hours, stations with well-designed signage and information systems and a precision bus docking system. The terminal approach system has escalators and underground, subway-styled approach tubes. Due to these approach tubes, prospective passengers don't have to cross high-speed roads to get to the stations, but go below them instead, an example of a segregated Right-of-way. The stations have parking spaces for motorbikes and cycles while the two terminals provide car-parking facilities as well. Metro bus projects has been done in many cities like Lahore, Multan, Faisalabad, Islamabad, and Karachi. It ease the transport system. A distance of 50 km can be covered within 30 mints even in the cities. It was first started in Lahore, and was highly adopted by the citizens. So to facilitate others cities also it’s working in other cities started. Now orange train project has been started in the Lahore. It was started in October 2015 and soon be finished. The system is designed to handle 30,000 passengers per hour. The Orange Line

will initially carry 250,000 passengers per day, with ridership of 500,000 passengers per day three years after commencement of service. The system is designed to operate with a minimum headway of two minutes. It is expected that the station will serve 24,520 passengers per hour in the Orange Line's first year of operations - a figure which is expected to rise to 49,550 by 2025. The system's busiest station is projected to be Anarkali Station with an estimated 45,550 daily trips in the first year of operations, rising to 110,000 trips in 2025. Lakshmi Chowk is expected to be the second busiest station in the first year of operations with 23,200 trips, and 41,500 in 2025. Lahore Junction Railway Station is expected to be the third busiest station within the line's first year of operation with 17,500 trips, rising to 44,000 in 2025.The maximum speed of the trains is 80 km/h (50 mph) per hour. Riders will be served be 26 stations, two of which wi ll be underground stations. The total ride time from one end of the system to the

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Monthly AutoMark International other is estimated to be 45 minutes, compared to the current commute time of 2 to 5 hours. In addition to these government has started construction of over bridges in many cities to facilitate the transport. Flyover bypasses has incredibly reduces the traffic. And it is still in construction in Gujranwala, Gujrat etc. These flyovers in the cities helped cities a utilize the time and have maximum productivity. Few years back, Traffic issue are so immense in the cities that traffic got stuck for hours and cause man problems to the cities. Now flyover, metrobus has helped a lot. Now it seems that Government is fo cusi ng more on the roads infrastructure than other big issues. It is an article of faith for Mr. Sharif and his party, the Pakistan Muslim League Nawaz (PML-N), that investment in infrastructure is a foolproof way of boosting the economy. His government is racing to finish umpteen projects before the next election, due by mid2018, including a metro line in Lahore and a new airport for Islamabad. The likelihood is that the new airport (which has been plagued with problems, including runways that have been built too close together) will be as underused as most of the country’s other airports, many of which are modern and spacious. Pakistan’s infrastructure is enough or

underused because the economic boom it was meant to trigger has never arrived. Over t he past three years the government has successfully staved off a balance-of-payments crisis, achieving some measure of macroeconomic stability. It has trimmed the budget deficit, partly by broadening the tax take and partly by cutting energy subsidies. That, along with lower oil prices, has narrowed Pakistan’s trade deficit and allowed it to begin rebuilding its foreignexchange reserves. The stockmarket has risen by 50% since the end of 2015. But terrorism and insurgency have put off investors, both foreign and domestic. The country is also held back by inefficient and often cartelised

industries, which have fallen behind rivals in India and Bangladesh. Exports, 60% of which are textiles, have been shrinking for years. Much more needs to be done to create an educated workforce. Almost half of all those aged five to 16 are out of school—25m children. Health, like education, is woefully underfunded, in part because successive governments shy away from taxing the wealthy. Only 0.6% of the population pays income tax. As the World Bank puts it, Pakistan’s long-term development depends on “better nutrition, health and education”.

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Industrial visit to Pirani Group of Companies - Report

Monthly AutoMark International

E4 - Excellent team, Excellent opportunity, Excellent cooperation of industry and “Monthly AutoMark” For students of excellent vocational training institute Editor in chief “Monthly Automark” Mr. Hanif Memon’s special personal interest and excellent prompt communication with Mr. Muhammad Tariq Jawaid (Group Manager) Pirani Group of Companies make possible an industrial visit of “Super Power Motorcycles factory. Mr. Muhammad Tariq Jawaid received 50 Amantech students and staff. They divided students into three groups for convenience of visitors and learning aspect. Amantech Students participated with full of interest. Each group of students visited various departments of Pirani groups of companies. Metal sheet cutting and press department, Welding and Fabrication Department E l e c t r o p l at i n g D e p a r t m e n t Painting Department Forging and Casting Department CNC Department Engine Assembling Department Motorcycle Assembly Line Quality Control Department Students showed keen interest, asked the relevant questions to concerned line

staff and as well as group manager regarding the process and technologyduring the visit. Visit of factory completed in 4 and half hour. It shows student interest and management greatness, helpful attitude without any frustration toward learning students. Appreciable sprit invented and praised by the students of Amantech in this industrial visit.

All students and Staff moved to the conference room of the building where and excellent lunch was arranged by company management. At end Mr. Muhammad Tariq Jawaid gave the concluding speech about visits and appreciated Amantech students’ discipline and manners. They also admired t he efforts of Amman Foundation regarding the services in different projects in Karachi.Group Photo Shoot of Amantech Students and Staff along with Mr. Muhammad Tariq Jawaid (Group Manager) carried for recognizing the visit. AmanTech Students and Staff thanks them for arrangements for E4 visit. Mr. Tanveer Senior I nst ructor Automobile invited Mr. Muhammad Tariq Jawaid Group Manager Pirani Group of Companies for Amanfoundation and AmanTECH visit with their top management. Meeting, visits, collaboration of industries with the related technical institution make a boom in industries as well as technical/ engineering institutions.

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Monthly AutoMark International

Vendor Conference-2016

Chairman PAAPAM Urges Car assemblers to Support the Pakistani auto parts manufacturers Pak Suzuki Motors hold Annual vendor conference 2016 in Thailand

Chairman of the Pakistan Association of Auto Parts and A ccessories Manufacturers (PAAPAM), Mashood Ali Khan has said that Pakistan is one of the globeâ&#x20AC;&#x2122;s fastest growing economies, and several automobile manufacturers are already preparing to set foot inside the boundaries of this great country. For the auto industry to grow and thrive, it requires the help and support of the government and car manufacturers such as Pak-Suzuki. He made these remarks

at the Pak-Suzuki Vendors Conference in Pattaya, Thailand, a conference where a number of Pakistani vendors participated. He said that the Automobiles Industry, with a growth rate of a 31.4%, was the fastest growing industry in Pakistan in 2016, and Pak-Suzuki being the largest automobile manufacturer in Pakistan, can play a vital role in the development and advancement of this sector. He also spoke about his detailed discussions

with governmental officials to build links to amicably resolve issues of all of the stakeholders of the industry. He also added that Pak Suzuki should prepare other members to work for Pakistan as well, and play its part in actively doing Joint Ventures and signing Trade Agreements with other Asian countries. Pak-Suzuki specially appreciated the participation of all the vendors, and distributed shields towards the end of the conference.

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A Grand launching ceremony - Exclusive media coverage by AutoMark Magazine

D.S. Motors launch new model of Unique Motorcycles 70CC, 100CC and 150CC for year 2017-18

Leading assembler and manufacture of Unique Motorcycles, D.S. Motors of Hyderabad, have announced the launch of three new motorcycle models for the year 2017-18. Unique UD 70CC, UD 100CC and Unique 150CC. The announcement was made at a grand launching ceremony in PAF Convention Center Karsaz in Karachi, on the 19th of March-2017, followed by luxurious dinner and musical event preset by famous singer Shahzia Khushk. Whole D.S. top management including Ali Mohammad Ghangra, Zubair Ghangra, Naeem Dhorani, Naeem K hat ri, O wais G hangra, Abd ul

Kareem Ghangra, Asad Ghangra, Noor Mohammad Ghangra and other t eam members sp eci ally came from Hyderabad for the unveiling ceremony. Famous Pakistani cricketer Shahid Afridi, Kamran Akmal and Umar Akmal showcase the new models of the motorcycles at this occasion, while cricketer Salaman Butt were also present. Major motorcycle dealers, distributors from Sindh and Baluchistan, members of the business community, political figures, a big number of Chinese delegations, electronic and print media

were also present at the event. Management members of the company expressed their joy at the introduction of the three new variants. They said that these three models would provide riders with great value for money, and they have been strongly designed specifically to reduce maintenance costs and i ncrease the motorcycle riding experience. For the interest for guest company has displayed all products from D.S. Group, including Generators and Three wheeler Rickshaws.

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Monthly AutoMark International

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Car / Light Vehicle Price List SUZUKI Ex Factory Price

Model Model

WAGON-R VXR 1000cc Euro II WAGON-R VXL 1000cc Euro II MEHRAN VX 800cc Euro II MEHRAN VX 800cc CNG MEHRAN VXR 800cc SUZUKI SWIFT 1.3L DLX SUZUKI SWIFT 1.3L Automatic BOLAN VX EURO II BOLAN CARGO RAVI PICK-UP STD 800cc E2

Rs. 1029,000 Rs. 1069,000 Rs. 650,000 Rs. 720,000 Rs. 773,000 Rs. 1,327,000 Rs. 1,463,000 Rs. 725,000 Rs. 696,000 Rs. 667,000

Advance Tax

Rs. 25,000 Rs. 25,000 Rs. 10,000 Rs. 10,000 Rs. 10,000 Rs. 50,000 Rs. 50,000 Rs. 10,000 Rs. 10,000 Rs. 10,000

SUZUKI IMPORTED VEHICLES SUZUKI CIAZ (A/M) 1400cc SUZUKI CIAZ (M/T) 1400cc JIMMY 1328cc JLSX MT JIMMY 1328cc JLDX MT APV 1.5L GLX MT (Petrol)

Rs. 1,839,000 Rs. 1,699,000 Rs. 2142,000 Rs. 2293,000 Rs. 2,418,000

TOYOTA COROLLA Model XLI VVT-i 1.3L M/T GLI VVT-i 1.3L M/T GLI VVT-i 1.3 A/T ALTIS 1.6L Dual VVT-i A/T ALTIS 1.8L Dual VVT-i A/T Corolla Altis A/T CVT-I (1.8 ltr) GRANDE 1.8L S.R. M/T GRANDE 1.8L S.R. A/T FORTUNER 2.7L A/T Petrol

HONDA Model Price Honda Civic 10th Generation 1.8L Oriel Rs. 25,41,000/=* Honda Civic 10th Generation 1.5L Turbo Rs. 29,11,000/=* Rs. 1,687,000 Honda Aspire Manual 1.3L HYUNDAI Rs. 1,809,000 Honda Aspire Prosmatec 1.3L Honda City Manual 1300cc Rs. 1,537,000 Honda City Prosmatec 1300cc Rs. 1,678,000 Rs. 2,053,000 Honda Civic VTI Manual 1800cc Rs. 2,285,000 Honda Civic VTI Manual SR (Oriel) Rs. 2,174,000 Honda Civic VTI Prosmatec 1800cc Rs. 2,406,000 Honda Civic VTI Prosmatec SR (Oriel) * Ex-Factory prices, Advance income tax, freight & insurance will be added as per destination Price will be charge at the time of deliver what-so-ever

DSF Vehicles Model

Price

DSF C37 DSF K01 DSF K07

Rs. 1,550,000 Rs. 7,79,000 Rs. 9,80,000

Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs. Rs.

Price 1,672,500 1,817,500 1,892,500 2,047,500 2,147,500 2,272,500 2,307,500 2,457,500 5,085,500

Toyota Hilux Pickup 4x2 sc Model

Price

Brand New Toyota Hilux Pickup, 4x2, 2500cc Single Cabin, White only, Hilux STD

Rs. 2,063,000

Toyota Hilux Pickup 4x4 E Model

Price

Toyota HILUX 2494cc, Diesel Turbo Charger Common Rail Engine, 4x4 Double Cabin - Standard Model

TOYOTA VIGO DAIHATSU Model Model

Price Price

Rs. 3,324,500

FAW MOTORS Price

Model

Vigo Champ-V MT Rs. 3,598,500 FAW Carrier 1000cc (WHITE ,BLACK,STRONG BLUE & SILVER) FAW X-PV 1000cc Std FAW X-PV 1000cc A/c Vigo Champ-G AT Rs. 3,798,500 FAW Sirius S80 (WHITE ,BLACK,STRONG BLUE & SILVER) Grand 1500cc EFI Pet FAW V2 1300cc A/C EFI Petrol CBU

Monthly AutoMark Magazine - International

Rs. 749,000 Rs. 849,000 Rs. 899,000 Rs. 1885,000 Rs. 1069,000

Price updated April- 2017

Monthly AutoMark International

Automotive News - Update

Pak Suzuki and Techno Pack Telecom to setup automobile glass facility in Pakistan Pak Suzuki Motor Company Limited (P S MC ) h as de ci ded to s ta rt manufacturing automobile glass in Pakistan along with a local partner, Techno Pack Telecom (Pvt) Limited (TPT). In this regard, PSMC will invest Rs. 344 million for a 40 percent stake in the joint venture namely Tecno Auto Glass Limited. "The Board of Directors of PSMC in their meeting, held at its head office, Karachi passed the resolution that PSMC is authorized to invest in the company's funds to make long term equity

investment of Rs 344 million by way of purchase of 34 million ordinary shares of Rs10 each for setting up Tecno Auto Glass Limited for manufacturing of automobile glass", said Hirofumi Nagao, PSMC's Chief Executive Officer. In a stock filing, the CEO further stated that Tecno Auto Glass Limited will be a joint venture company between TPT and PSMC where PSMC will hold 40 percent of paid up capital and balance 60 percent by TPT and its nominees. Techno Auto Glass Limited will be a public limited company (unlisted) and an associated company of PSMC due

to 40 percent shareholding to be held by PSMC. Further, CEO and/or Chef Financial Officer (CFO) of the Company are authorized to sign the joint venture agreement and complete the procedural formalities, either singly or jointly, he added. Meanwhile, TPT with its foreign partner, MEPA- Turkey, is engaged i n manufacturing of tractor parts, auto parts and textile machinery parts while its main customers include PSMC, Allied Tractors, Al-Ghazi tractors and Millat Tractors.

Japan agrees to fund bus service for women in KP

Chinese firm plans to run intercity buses

Hualong Group, EMCO sign MoU

A Chinese transport firm announced on Friday it was planning to launch intercity bus service in five cities of Sindh with a promise to set up an assembly plant of heavy vehicles in Karachi “very soon”. A delegation of Shanghai Sheen Long Transport Company led by its managing director Zu Zeng Peng met Industries Minister Manzoor Wassan at his office before the announcement of the decision. “The Chinese [firm], Shanghai Sheen Long Transport Company, would introduce intercity bus service in five cities of Sindh namely Karachi, Hyderabad, Sukkur, Larkana and Khairpur,” said a statement quoting the minister.

Liaoning Hualong Group of China and EMCO Industries of Pakistan have signed a memorandum of understanding (MoU), here at the Lahore Chamber of Commerce & Industry, for joint venture in the sector of High Voltage Engineering and Electrical products in Pakistan in order to facilitate transmission/distribution of electricity. The MoU was signed in the presence of the LCCI President Abdul Basit, Vice President Muhammad Nasir Hameed Khan, Chairman Liaoning Hualong Group and head of 4-member Chinese delegation Xiao Qiang LIU, Talha Tayyab Butt, Shahrukh Jamal and Ali Hassam Asghar.

The request to the Japanese government for funding of the project was made in what seems to be the provincial government's attempt to resolve severe commuting issues faced by female passengers due to the conservative Pashtun culture. The KP government will allocate 7 of the 13 buses to Peshawar, while 3 buses each will be allocated to Mardan and Abbottabad. Only female passengers and children below the age of 12 will be allowed to travel on the bus service, which is likely to be named “Pink Buses” a source said. Talking to media, an official said that each bus would have 40 seats and approximately cost PKR 8.5 million. The service is likely to begin in August this year.

German truck maker MAN SE to set up assembly plant in Pakistan German truck maker MAN SE is at an advanced stage of setting up a plant in Pakistan, industry officials say. Forecasting greater demand of heavy vehicles under the China-Pakistan Economic Corridor (CPEC), vehicle manufacturers are flocking to Pakistan to explore opportunities of investment with MAN SE being the latest addition to the growing list.

MAN SE, which has been watching the Pakistan market for over five years, is expected to officially announce its decision within a couple of months. It is pertinent to mention that 75% of MAN SE’s ownership rests with the Volkswagen Truck and Bus GmbH, a wholly-owned subsidiary of Volkswagen AG. Industry officials say this is a big

development for Pakistan because the company is also expected to export trucks from the country. The National Logistic Cell (NLC) is expected to give significant orders to MAN SE because Pakistan’s leading logistic company is looking to replace its old fleet, an auto industry official informed.

www.automark.pk | March-2017 | Page 47

MADE IN PAKISTAN MOTORCYCLES RETAIL PRICE LIST

70cc Motorcycle

Sr./ Product & Model Name No. 1. Crown CR-70 2. Honda CD-70 3. Honda CD Dream 4. Hi-Speed SR-70 5. Metro Premier+ 70cc 6. Ms Jaguar MS 70 Euro- II 7. Ms Jaguar MS 70 ( DREAM) 8. Ravi Premium R1 9. Road Prince bullet 10. Road Prince 70cc 11. United US 70 12. United Extreme 70

Retail Price Rs. 42,000/= Rs. 63,500/= Rs. 67,500/= Rs. 44,000/= Rs. 45,600/= Rs. 41,800/= Rs. 43,800/= Rs. 46,950/= Rs. 45,500/= Rs. 41,000/= Rs. 43,500/= Rs 44,500/=

125/150 cc Motorcycle No.

Brand & Model Name

Retail Price

1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12. 13. 14. 15. 16. 17.

Crown CR-125 Rs. 65,000/= Honda CG-125 std Euro IIRs. 105,500/= Honda CG-125 DX Rs. 125,000/= Honda CD-125 Dream Rs. 106,500/= Hi-Speed SR-125cc Rs. 75,000/= Metro MR-125 Regular Rs. 68,800/= Ravi Piaggio Storm 125 Rs. 112,000/= Road Prince 125cc Rs. 67,000/= RP Twister 125cc Rs. 108,000/= RP WEGO 150cc Rs. 180,000/= Super Star SS-125 Rs. 59,000/= Super Star SS-125 DLX Rs. 67,000/= Super Power Archi 150cc Rs. 140,000/= United US-125 Euro 2 Rs. 70,000/= Unique UD 125cc Rs. 70,000/= Unique UD 150cc Rs. 145,000/= Yamaha YBR-125cc Rs. 129,400/=

Sr./ No. 1. 2. 3. 4.

Product & Model Name Inazuma GW 250 Intruder M800 Hayasuba GSX1300R Bandit GSF650SA

Retail Price Rs. 725,000/= Rs. 1,700,000/= Rs. 2,600,000/= Rs. 1,550,000/=

Sr./ No. 13. 14. 15. 16. 17. 18. 19.

Product & Model Name Ravi Hamsafar-70 Sitara GT-70 Super Star SS-70 Super Power SP-70 Super Power Delux Unique UD-70 Bionic AS-70

Retail Price Rs. 43,500/= Rs. 40,000/= Rs. 44,000/= Rs. 44,700/= Rs. 48,200/= Rs. 44,500/= Rs. 44,500/=

100cc/110cc Motorcycle No. 1. 2. 3. 4. 5. 6. 7. 8. 9.

Brand &Model Name Crown CR-100 Hero Splander Model 2015 Honda Pridor MS JAGUAR MS 100 Road Prince 110cc Super Star SS-100 Super Power SP-100 United US-100 Euro 2 Unique UD-100

Retail Price Rs. 52,000/= Rs. 56,000/= Rs. 86,000/= Rs. 48,800/= Rs. 48,500/= Rs. 57,000/= Rs. 60,000/= Rs. 50,000/= Rs. 73,000/=

Suzuki Motorcycle Sr./ Product & Model Name No. 1. SD110 Sprinter ECO 2. SD110 Raider 3. GS-150 SE Euro-II 4. GD 110 Euro-II 5. GD 110s Euro-II

Retail Price Rs. 98,400/= Rs. 101,400/= Rs. 158,500/= Rs. 119,000/= Rs. 131,000/=

Super Power Motorcycle Product & Sr./ Retail Price Model Name No. 1. Super Power LEO 200cc Rs. 175,000/=

www.automark.pk | April-2017 | Page 48

Price update: April-2017

Monthly AutoMark International

Automotive News - Update

Made in Pakistan electric bikes are cheaper than usual motorcycles Jolta Chargeable Electronic Motorcycle Pakistan Introduced Tuppeny for low income people First time ever in Pakistan, Made in Pakistan Electronic motorcycles are introduced and they are being produced locally. Jolta International, a firm based out of Bahria Town Rawalpindi, recently showcased three Jolta Chargeable Electronic Motorcycle Pakistan in Gwadar. They have successfully produced fully operational Jolta Chargeable Electronic Motorcycle Pakistan while opting for only locally available resources. The company is launching three variants of the Jolta Chargeable Electronic Motorcycle Pakistan in Pakistan, E70, E100 and E125. The E70 model of Jolta will be retailed in Pakistan for an estimated price of Rs. 35,000 as per sources. The shape is quite similar to that of normal bikes in Pakistan, Jolta claimed these Jolta Chargeable Electronic Motorcyc le Pakistan to be environmentally friendly, fuel-free, smoke-free, noiseless and pollution free. Jolta said that its Jolta Chargeable Electronic Motorcycle Pakistan are highly cost effective and are tailored specifically for the Pakistani audience. Here are some additional details about

the Jolta Chargeable Electronic Motorcycle Pakistan: E-70 • Charge Time: 5 Hours • Travel in one charge: 50KM • Electricity cost for one charge: Rs 15 (1.7 units) • Top Speed: 50km/hour • Price: Rs. 35,000 to Rs. 40,000 (not finalized yet)

E-100 • Charge Time: 6 Hours • Trav el in one charge: 70KM • Electricity cost for one charge: Rs 20 (2.5 units) • Top Speed: 60km/hour • Price: Not finalized yet

E-125

• Charge Time: 7-8 Hours • Travel in one charge: 120KM • Electricity cost for one charge: Rs 32 (4 units) • Top Speed: 80km/hour • Price: Not finalized yet

Availability Jolta Chargeable Electronic Motorcycle Pakistan come with motorized engines, i.e. without any piston or fuel emissions. Jolta International, said that it is all set to commercially roll-out its e-bikes in

Pakistan. Without telling a deadline, the company said that Pakistani consumers can expect Jolta e-bikes to be in stores within the next couple of months. It also noted that all the features and specifications are expected to be refined and enhanced with time. Company has already secured a deal for delivery of 2,500 e-bikes for Gwadar Free Zone Company to make it a pollution free and emission free region.

www.automark.pk | April-2017 | Page 49

Monthly AutoMark International

Historical Event in Lahore

Daewoo Express to Operate the Lahore Feeder Bus Service

Pakistan’s largest transport company, Daewoo Pakistan Express Bus Service Ltd, shall be operating the Lahore Feeder Bus Service. Chief Minister Muhammad Shahbaz Sharif, formally inaugurated the service. The landmark project is the first step towards Punjab Government’s master plan of an int egrat ed transport system in Lahore. The Lahore Feeder Bus Service, comprising 200 state-of-the-art, fully automated buses is the biggest urban transport project ever executed in Pakistan’s history. The Korean company, Daewoo Pakistan Express Bus Service, which has been operating inter-city buses nationwide and Lahore City buses for the last 19 years, was awarded the contract through competitive bidding process to operate the Lahore Feeder Bus Service. The bus service comprises 200 airconditioned, fully automated buses which shall operate on 14 main routes covering all the main arteries of Lahore providing inter-connectivity with Lahore Metro Bus Service. The bus service shall provide urban transport to estimated 200,000 under-privileged people daily with nominal fare of Rs.15.

The buses shall be equipped with cutting edge technology comprising: Euro-3 environment friendly engines, door sensors for safety, E-ticketing system, GPS, wireless communication system, surveillance cameras, CAN system, special seating for disabled & senior citizens, fold able ramp, automated inbus announcement system. The bus service shall have operational

monitoring with remote online access through surveillance cameras installed at bus stops and main junctions in Lahore. In this regard, a simple ribbon-cutting ceremony was also organized by Daewoo Pakistan Express at City Bus Depot, Railway Station, Lahore. Addressing the gathering at the historic occasion, Mr. Shaheryar Chishty, Chief Executive Officer of Daewoo Express stated that operating Lahore Feeder Bus Service for the Government of Punjab is a matter of pride for Daewoo Express. He also said that Daewoo Express accepted this public-private partnership project as a challenge and will make every effort to provide the same level of service excellence that has become Daewoo’s hall-mark over the years. Speaking at the inauguration, Chief Minister Punjab in addition said that the Lahore Feeder Bus Service is a quantum jump achieved by the Punjab Mass Transit Authority, Government of Punjab, and is a gift by the government to the under-privileged people of Lahore on the historic occasion of 23rd March-2017.

www.automark.pk | April-2017 | Page 50