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Contents
February-2018
News / Event
Article / Review 20 24 27 28 30 34 44 47
MoC, dealers tussle over used cars import to benefit local industry Exclusive by Ali Hassan Small bike units yet to get production certificates from disputed EDB EDB needs to be closed down to promote SMEs Exclusive Report by Owais Khan History of Chinese bike making in Pakistan
43 49 52
Toyota Camry Hybrid 2018 Launched in Pakistan Exclusive review by Sarim Raza Who Is The actual owner of Hyundai H-100 in Pakistan Nishat Or Dewan? Exclusive Report by Automark Correspondent Hilux Revo the flagship model has been temporarily suspended from production Exclusive by Ali Athar The 4th-Generation Audi A6 A High-Performance Luxury Sedan Exclusive review by Sarim Raza Japanese motor companies recalled their vehicles for Air bag replacement Exclusive by Ali Athar
Inside
Director Memon Motors Mr. Usman Saleem Memon Recived "Pakistan Achievement Award International 2017" in London Connected by The Belt and Road Foton Motor Customer Day Karachi - Lahore - Islamabad By Automark Magazine Superpower Spare parts company SAZ Enterprises Sindh Dealers Award ceremony in Karachi
News Updates 23 31 32 40 48 50 54 57
Used Car Import Data January-2017 to December-2017 Sindh Tractor Scheme Old Scam Making a come back RD on dozens of imported items revised The Green Line Bus Rapid Transit System in Karachi is stuck at a red light Corporate News - Glimpses Vehicles / Car Price List
Motorcycles Price LIst International Automotive News
Supporting Media Partner
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February-2018 Pakistan’s premier magazine on automotive, engineering & energy sector Volume 11, Issue 02
Monthly
AUTOMARK Magazine International Editor-in-Chief Muhammed Hanif Memon Technical Editor
Advisors
Muhammad Shahzad
Imtiaz Rastgar CEO, Rastgar Group & CBI External Expert, Ex-chairman EDB Islamabad
Advertising Manager Tahir Siddiqui
Circulation Manager Hasaan Mustafa
Graphic Designer Mustafa Hanif Salman Hanif
Web Master Murtaza Hanif
Contributors in THIS EDITION Anwar Iqbal M. Owais Khan M. Hanif Memon Ali Hassan Syed Sarim Raza Ali Ather
Anwar Iqbal Chief Executive Officer Silver Seal International Karachi Syed Mansoor Rizvi Principal Officer M/s. CNH Services (Pvt) Ltd. Karachi Engr. IHT Farooqui Chief Operating Officer Pak China Motors (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 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
Transport sector to take years to be modernised Transport sector is an important component of the economy and a common tool used for development. The current situation of Pakistan’s transport, be it road, air or rail, is not even “satisfactory” and may takes years to develop and modernise it. Of train, air and road, the condition of the latter, being a common and major mode of transport is miserable. Of all federating units, the people in Punjab, the most populated province, comparatively enjoy a better road infrastructure. But, the provincial government yet needed to improve the public transport facilities at both the inter and intra-city routs. Every train when becomes operational will consist of five coaches and capacity to transport 1,000 passengers in one trip. Thus, more than 27,000 passengers will be able to travel on 27 metro trains in one trip. One train is set to make 10 trips in a day and hence relying upon the authorities’ claim, it is estimated that more than 250, 000 passengers will daily travel through metro trains when they will fully start their operation in the city. The metro train will operate at a commercial speed of 80 kilometres per hour and cover the end to end (Ali Town to Dera Gujjran) 27 kilometre-long journey in just 45 minutes. A Chinese company has been given task to operate metro trains for initially five years. It looks the city (Lahore) of more than 11 million population requires another five year to be “proud” of having modernised transport system. The major hurdle in modernising city’s transport sector is the replacement or phasing out of the smoky, noisy and risky motorcycle rickshaws. Commonly known as Qingqis, these three-wheeler facilitate thousands of commuters every day. The Sindh High Court had slammed a ban on Qingqis in 2015, but it was set aside by the apex court in its March 2017 verdict. The Supreme Court, however, made it clear in its verdict that motorcycle-rickshaws other than those approved by the authorities would not be allowed to operate in the country. The court also directed the authorities to ensure quality of transport vehicles and safety of passengers. However, a debate about their advantages and disadvantages has been continuing since 2000, the year the first motorcycle rickshaw was introduced in Punjab. Besides Lahore, thousands of Qingqis run in every city and town of the country and are a source of livelihood for millions of households.
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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International Automotive News - Update
Monthly AutoMark International
2017 saw a record high for automotive recalls Over 20 million cars involved across the country, with seatbelts and airbags the main culprits Carmakers in China recalled more than 20 million defective cars in 2017, a record high since the country introduced legislation on car recalls in 2004, according to an official with China's top quality watchdog. A total of 20.05 million faulty cars were recalled last year, up 77 percent from 2016, said Yan Fengmin, head of the law enforcement department of the General Administration of Quality Supervision, Inspection and Quarantine. Statistics show that 5.59 million faulty cars were recalled in 2015 and 11.34 million in 2016. "The annual growth was more than 50 percent in each of the past three years," Yan said. Only the United States tops China for the number of recalled cars. Y a n s ai d s i n c e C h i n a b e g a n implementing the rule of recalling defective cars in 2004, carmakers have announced 1,548 recalls, involving a total of 56.74 million vehicles. Airbag and seatbelt problems were the major culprits behind recalls in 2017, affecting 10.64 million cars, 53.1 percent
of the annual total. Yan said defective Takata airbags that may explode under certain conditions caused 29 automakers to recall 9.87 million vehicles in 2017 alone. In total, the issue led to the recall of 19.52 million vehicles from 38 companies across China. Globally, 120 million cars have been equipped with the faulty Takata airbags. The US has been by far the hardest hit, with at least 12 deaths out of the 20 recorded worldwide. So far, the defective airbags have not injured or killed people in China. Millions more will be recalled in 2018. German carmaker Volkswagen AG announced in September that it and its Chinese partners will recall 4.86 million cars in China over faulty Takata airbags, which will be the largest ever recall in the history of the world's largest automotive market. Following airbags are defective powertrains, which resulted in recalls of more than 4 million cars in 2017, accounting for 20.4 percent of the total in the year. Problems concerning steering systems and electrical equipment each triggered recalls of around 1.7 million cars, and
some 800,000 cars were recalled because of car body problems. Yan said customers' rising awareness of protecting their rights facilitated the authorities' work in investigations that prompted recalls. Based on leads from different sources, the quality watchdog conducted 43 carrelated investigations in 2017, forcing carmakers to recall 13.58 million cars, 68 percent of the total recalled in the year. Yan said the authorities also summoned 36 carmakers for meetings about faulty airbags, urging them to make recalls. He added that all carmakers that equipped their cars with Takata airbags had finished recalling cars or issued recall plans by the end of 2017. Efforts in this respect will constitute a major focus of the quality watchdog's work in 2018, Yan said. He added the quality watchdog plans to work with the concerned authorities to introduce car emissions-related problems into China's car recall regulations, and gradually include all problems that affect people's safety and property in legislation.
Former Toyota chief Tatsuro Toyoda dies at 88 Former Toyota Motor Corp President Tatsuro Toyoda, who helped the Japanese automaker become a global industrial power in the early 1990s, has died at the age of 88, the company said on Saturday. The son of the company's founder, Kiichiro Toyoda, he took a major role in Toyota's international expansion during the 1980s and 1990s and led the company from 1992 to 1995 as the automaker accelerated its global expansion. He was the first president of the New United Motor Manufacturing Inc, or NUMMI, plant in California in the mid-
1980s, a joint venture with Detroit rival General Motors Co that demonstrated Toyota's highly efficient production system could be adapted to the culture of operations outside its home base of Japan. NUMMI paved the way for Toyota's subsequent investments in its own U.S. assembly and component factories. Toyota now has 10 manufacturing operations in the United States. Toyoda stepped down as company president in 1995. Toyota said in a short stat ement that Toyoda died of pneumonia on Dec. 30. He is survived by his wife, Ayako Toyoda.
www.automark.pk | February-2018 | Page 19
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Exclusive Report by Awais Khan
MoC, dealers tussle over used cars import to benefit local industry
The claim of Mr. Shahzad had made Mr. Dhagha to react quickly claiming that the Commerce Ministry has not yet made any decision on clearance of 7,000 vehicles that were in transit when the duty procedures and taxes for imported cars were modified recently The commerce ministry does not intend to make any changes in this provision of policy except for the vehicles stuck up in transit. This particular stance of Mr Dhaga means that something was cooking between used car dealers and the Ministry or some kind of deals is going to be struck soon. he issue of opening/closing used cars import had never been so attention-grabbing like it has been for the last one month. Car dealers and Secretary Commerce Younus Dhaga have been at loggerheads over clearance of 7,000 vehicles parked at the Karachi port. The problem of used cars has reached its magnitude at a time when general elections are just few months away and the government is unlikely to take any anti masses measures prior to the polls. It was assumed that new powerful investors in car segment like Mansha and Younus Brothers Groups have played a big role in forcing the PML-N government to change procedure of
T
paying duties and taxes on import of used cars which will discourage imports in the long run by the time new players will roll out their models in 1.5 to two years. However, market sources said it is the old Japanese assemblers who had already been active in forcing the government to take tough measures on used car imports. This time the Commerce Ministry seems more serious in backing local car industry thus causing sleepless nights to the used cars dealers. As a result, Commerce Ministry on the pressure of old car players has created a commotion in the auto market by changing the procedure of duty and taxes payment which is bound to halt
the imports of used cars in future in case the Ministry sticks to its decision for the long run. The current crisis of used car imports usually hovers over the clearance of 7,000 vehicles standing at the port followed by another 2,000-3,000 units which are on the high seas. Chairman Association of Pakistan Motorcycle Assemblers (APMDA), H.M. Shahzad came out with a claim that Commerce Ministry Secretary Mr. Younus Dhaga had agreed to clear 7,000 vehicles on old duty and tax payment procedure in rupees rather than US dollars whose bill of lading were issued till December 31, 2018. This is what Mr Shahzad had urged the Prime Minister
www.automark.pk | February-2018 | Page 20
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Monthly AutoMark International Shahid Khaqan Abbasi also to release vehicles. The claim of Mr Shahzad had made Mr Dhagha to react quickly claiming that the Commerce Ministry has not yet made any decision on clearance of 7,000 vehicles that were in transit when the duty procedures and taxes for imported cars were modified recently. The Ministry says due consideration is being given to the fact that there was an inventory of vehicles in transit while this decision was being taken or under implementation. In order to avoid undue hardship, a facilitating provision is being finalised for the vehicles in transit only as a one-time dispensation. In a surprise statement, the ministry emphasised that new procedures for clearing of cars under Baggage, Gift and Transfer of Residence schemes is meant for overseas Pakistanis only and not for commercial importers. The use of this provision in the Import Policy was never intended for commercial imports. The commerce ministry does not intend to make any changes in this provision of policy except for the vehicles stuck up in transit. This particular stance of Mr Dhaga means that something was cooking between used car dealers and the Ministry or some kind of deals is going to be struck soon. Auto analysts expressed surprise why the Ministry is talking about the new procedure of clearing vehicles under various schemes for overseas Pakistanis. They said the old procedure of paying duties was also meant for overseas Pakistanis but the importers of used cars in connivance with the government departments had grossly misused the scheme resulting which flooded the car makers with used cars in the last few years. It is the passport of the overseas Pakistan which the car dealers purchase on few thousands of rupees with an understating through a document. Due to thriving demand of used cars the rate of passport had also swelled. Overseas Pakistanis who are mainly labor class or doing odd jobs do not have any bank account, they get their salaries in cash. It is not clear as to how used car dealers manage passport of people living abroad mainly in the Middle East and other countries while majority of imports of used cars are made from Japan where used car dealers lift vehicles from the auction. Besides, the numbers of Paki st anis living i n Jap an are
unimpressive. Why the Ministry is now more serious to check the misuse of various schemes by the used car importers. Why the Ministry had not taken any serious measures in previous years to control used car imports. Car dealers had definitely used political leaders to keep the policy of used car imports in their favor as leaders of political parties and their children are also fond of imported cars.
Previous governments had also taken decisions on liberalizing used car imports as populous measures ahead or soon after general election in order to provide relief to the masses besides collecting handsome amount in terms of customs duty on import of used cars. Despite full support of the government of opening used car imports – the Customs Departments and Federal Board of Revenue (FBR) had tried to create bureaucratic hurdles through various decisions but imports continued to thrive after negotiations between car d e al e r s a n d t h e g o v e r n m e n t departments. These are the old tactics the government departments play every time. Now Commerce Secretary appears more serious in bringing at least an end to illegal usage of various schemes under the garb of used car imports. In both strictness and elasticity of the decision there is something big involved which will either make imports unfeasible forever to provide relief to the car assemblers or unearth the huge money
www.automark.pk | February-2018 |
trail between the shippers and receivers of used cars. It is a known fact that used car dealers’ lobby is not so powerful than the three Japanese car assemblers. On the pressure of car assemblers the age limit of used cars was pulled back to three years from five years while importers had been demanding to allow 10 years old cars on commercial basis to provide benefit to the people. Besides, the depreciation limit was also changed on used car imports to favor car assemblers’ lobby. Recently regulatory duty (RD) was imposed by the government on imported cars. The State Bank of Pakistan (SBP) has termed the recent imposition of RD on imported cars against the essence of the Automotive Development Policy (ADP) 2016-21. In order to curb the ballooning import bill, the federal government has imposed RD on consumer durables as a result, car imports would also face higher tariffs in the range of 15 to 80 percent. The SBP in its first quarterly (July-Dec of FY18) report “The State of Pakistan’s Economy” said with the imposition of RD the effective protection is available to local manufacturers. In addition, the price differential between imported and local cars has also increased further. In response to higher import cost, a part of the demand for automobiles would shift away from imported models to local brands. However, given that the local manufacturers are already operating at near capacity, this additional demand would result in lengthening the waiting time for the car delivery. Consumers currently wait for 6 to 9 months for the car delivery depending on variant, the report said. Furthermore, the growing demand and limited supply means the local manufacturers would now have greater pricing power in the market. “Thus, the imposition of RD is against the essence of the ADP 2016-21 that explicitly outlines efficiency and productivity improvement through policy of tariff reduction to improve local competition,” the SBP maintained. Such deviation from a cornerstone of the policy would hurt the long-term prospects of the industry envisioned in the document, it added. The SBP believes that in light of ongoing infrastructural undertakings in the country, the auto sector looks primed for another healthy performance. continued on next page Page 21
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Exclusive Report by Awais Khan - continued Recent imposition of RD on the automobile sector is expected to create a favorable situation during the year as it may further enhance domestic production. It is pertinent to note, ho wev er , t hat t hese me asu res undermine the rudiments of ADP 201621,”the SBP concluded. Everybody knows that the used car dealers are not sacred cow. Perhaps many people do not know that used cars do not arrive in original form. Market sources said that before shipment from Japan a slight damage was done to the exterior of cars so that dealers could avail some duty benefits. After landing at the port the cars are rushed towards the denting shops whose owners are now doing a roaring business and even many are working day and night due to huge load of work. The used cars are dented and painted where necessary before handing over to customers at the showrooms. Sources said that original batteries, tyres and some other accessories are also replaced by local gadgets. Filthy rich people do not have time to check the originality of the vehicles. Irrespective of corruption between the government departments and dealers – consumers at least get a chance to know what imported cars actually are and why they worth it if they are compared with the quality and price of locally assembled cars. Putting aside heavy duty and taxes on import of used cars one can say that the consumers are getting the fair value of their money on buying used cars in which majority are fully loaded with security features and exciting color. However, consumers having used cars of three years old take a costly ride by paying hefty price for buying parts and accessories as the volume of imports of their parts appear slow despite higher volume of imports. However, the parts of older used cars are slightly cheaper than three years’ old models due to increase in volume of imports. As the ban on import of used cars now appears need of the hour in view of unsatisfactory procedure of imports but we need have to look what the local industry especially Pak Suzuki Motor Company has delivered to the car lovers. Almost 30 years old Suzuki Mehran, Ravi and Bolan are ruling the roads of Pakistan which is the only country in the world where assemblers enjoy a full backing of the government to keep
assembling decades old models. There is hardly any country in the world where their governments have allowed assemblers to keep rolling out the models for decades without making any drastic changes or complete model change. The Ministry of Industries and Ministry of Commerce had never taken any serious action as to why junk models are still in production. Only Competition Commission of Pakistan (CCP) had dared to shake up the powerful lobby of car assemblers by highlighting corruption in car sales, heavy premiums and long delays in delivery of cars. The CCP also grilled authorized dealers of their malpractices. However, so far the Japanese car assemblers have hardly faced any serious problems in which production and sales had collapsed or suffered badly. The local industry enjoyed a smooth ride
Monthly AutoMark International was in dollar. The government has netted Rs 70-80 billion in terms of customs duty on the import of over 70,000 used vehicles in 2016-2017 but in first six months of 2017-2018 the revenue has dropped to Rs 35 billion with import of around 30,000 units, he claimed. In case the strict rules to discourage used car imports continue then the government would certainly get a big hit in terms of revenue, he warned. Shahzad said the local assemblers are fully cashing the sharp fall in import of used cars by raising the prices by Rs 20,000-60,000 recently owing to rupee depreciation against the dollar. With no check and balance by the government, the assemblers would enjoy free hand further in raising car prices on rupeedollar parity and sharp drop in imports of used cars. He said the government has so far not
Why the Ministry is now more serious to check the misuse of various schemes by the used car importers. Why the Ministry had not taken any serious measures in previous years to control used car imports despite huge imports of used cars. Because of robust demand – the sales of both locally assembled and imported cars remained strong. If the Ministry of Commerce is really serious in discouraging used car imports through illegal practices then it should take a bold step for a long term period. At the same time, the Ministry should also address the issues of genuine buyers who are forced to pay premium on locally produced cars besides facing longer duration of car delivery, high prices, slow localization etc. Sharp fall in used car imports means more room for the local industry to sell their old models. As the the first half of current fiscal year ended on a positive note – the local car assemblers are likely to see more promising sales growth in the next six months as government’s measures has started hitting used car imports. Assemblers now hold advance booking of four to eight months in hand. H.M. Shahzad blamed amendment in import policy order which has made mandatory for the car sender to pay duty and taxes in US dollar on new and used cars under three schemes. He said a person clearing motor car was required to provide bank encashment certificate with assurance that the amount for payment of duty and taxes
taken any action against the car assemblers who have failed in curbing black marketing of cars, heavy premium and controlling long delays in delivery of cars ranging from three to seven months. He claimed existing car assemblers have put pressure on the government to block imports of used cars which they think take a major chunk of their sales. However, situation is reverse which is evident from thriving sales of locally assembled cars especially Suzuki Mehran, Cultus and Wagon R which are in direct competition with used 660cc. He claimed that total demand of all vehicles is one million units per year while the local industry is rolling out 300,000 units a year while imports of used vehicles stood over 70,000 units. Due to a big gap in demand and supply – consumers are bound to buy 10 years old cars. In a letter to Prime Minister, Shahid Khaqan Abbasi, he said SRO 1067 has put the entire used car business in a big turmoil. The SRO should have been implemented after arrival of old shipments from abroad with bill of lading up to December 31, 2017 as many orders were in the pipeline.
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Statistical Data - Update
Monthly AutoMark International
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Exclusive Article by Awais Khan
Monthly AutoMark International
Small bike units yet to get production certificates from disputed EDB EDB needs to be closed down to promote SMEs EDB, established in 1995, is being considered a technical arm of the MOI but it is currently in the doldrums, especially after fire incident took place Sep 2017. No proper offices have still been established. The officers and their staff are sitting in a hall situated in the basement of Privatization Commission building, which is EDB's own building but it is the failure of Mirza Nasir Baig, who has been assigned to look-after charge of CEO EDB. After five years the Engineering Development Board (EDB) has again started grilling small and medium sized bike assemblers Despite winding up orders from former Prime Minister the bureaucrats of EDB are still occupying the office. This order was in the result of frequent corruption charges levelled by new investors for automobile industry from abroad and
within the country. Chairman Association of Pakistan Motorcycle Assemblers (APMA), Muhammad Sabir Shaikh disclosed that EDB ‘Baboos’ are still holding the authority of issuing annual renewal certificates of motorcycle industry. He said about 117 motorcycle assemblers from all over the country are suffering due to this high-handedness and redtapism. By January 20, 2018, near about 47 assemblers has received the revalidated production certificate from the EDB. Around 70 units are still waiting for their certificate. He said many assemblers have not imported CKD parts as per SRO 656/2006 and 693/2006. Under the SROs assemblers have to imports kits and accessories every financial year for bike assembling. But due to stiff competition among the assemblers and falling profit margins – small units are incapable of running their units. As a
result, they could not import parts and EDB held up their certificates. Sabir said as the industry is already under pressure the EDB puts extra burden by holding their production certificates. These units can start production any time and for which the certificates should be on their hands. They already have assembly line with all requirements for production then how EDB can hold the certificate. These certificates were due after December 31, 2017 but even after lapse of about half of January they did not issue the required certification, he said. Due to this failure the Sindh Motor Vehicle Department had suspended registration of new motorcycles from January 1, 2018. On January 3, 2018, only Honda and Uni que mo to rcycle comp anies’ succeeded to please them and obtained the document. He urged that EDB and PSQCA should be stopped from their excesses forthwith
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Monthly AutoMark International
Ministry of Industry Government of Pakistan
and the Finance Ministry should be ref rained from i ssu ing u seless notifications and SROs on daily basis. Sabir Sheikh alleged that the EDB officials instead of facilitating assemblers of motorcycle industry were creating hurdles for the industry that is successfully serving the country and masses by providing low cost and good quality motorcycles. Another problem is the Pakistan Standards and Quality Control Authority (PSQCA). Its licensing system is another time wasting venture for minting the money. Shaikh further said if the government wants to promote local automobile industry, it must patronize the local industry, or otherwise, well organized assemblers like Honda would continue to remain market leader. Honda’s 70cc and 125cc models are already selling on premium of Rs 10,000 and 15,000. The same premium menace exists in Japanese assembled cars. As per media reports, Minister for Industries and Production, Ghulam Murtaza Khan Jatoi has supported dissolution of EDB. He said he fully supports the decision of Prime Minister Shahid Khaqan Abbasi to dissolve EDB. "I fully support Prime Minister's decision to dissolve EDB as the organisation has failed to perform according to its mandate," he told a leading print media.
He gave these remarks after the Ministry of Industries and Production sent a summary to the Prime Minister requesting him to review his decision on dissolution of EDB due to rampant c o r r u p t i o n a n d m al p r a c t i ce s . Meanwhile, EDB's Deputy General Manager, Policy/ Co-ordination Asim Ayaz while clarifying reports that appeared in print media, claimed that
operations of all industries. Ministry of Industries is reportedly concerned about politics in officially declared "corrupt" E D B w hi ch i s ha mp e r i n g i t s performance. Three general managers of the EDB recently met Joint Secretary Large Enterprises Development (LED) Ghulam Dastgir Khan Baloch and informed him about their concerns as
“The CCoE chaired by the Prime Minister on May 29, 2017, observed that the EDB was not performing any useful function, either in terms of regulation or promotion of engineering enterprises, adding that malpractices had become endemic in the Board while exploitation of businesses by its staff had become the norm” EDB has been discharging its duties with professionalism in the recent past, especially considering untoward operational circumstances due to a fire incident. He further clarified that recently new investment by four companies of around $800 million has been made under the auto policy with others in the pipeline which would generate massive economic activity. He further contended that nonstop working by EDB despite the fire incident has ensured smooth
well as other EDB officers and staff. The sources said on the appearance of a story in a print media regarding the agenda of the 36th Board meeting of EDB, a few members approached the minister and secretary industries complaining the mala fide intention of CEO EDB in hiding the facts from them and calling a Board meeting in haste to discuss such an important issue of EDB restructuring. Sabir said when EDB had already become disputed then how come its
Chairman APMA, Mohammad Sabir Shaikh said many assemblers have not imported CKD parts as per SRO 656/2006 and 693/2006. Under the SROs assemblers have to imports kits and accessories every financial year for bike assembling. But due to stiff competition among the assemblers and falling profit margins – small units are incapable of running their units. As a result, they could not import parts and EDB held up their certificates. He said as the industry is already under pressure the EDB puts extra burden by holding their production certificates. These units can start production any time and for which the certificates should be on their hands. They already have assembly line with all requirements for production then how EDB can hold the certificate. These certificates were due after December 31, 2017 but even after lapse of about half of January they did not issue the required certification, he said. www.automark.pk | February-2018 | Page 25
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Monthly AutoMark International
Automotive News - Update board meeting was held. Some of the members, sources said, are of the opinion that the issue of restructuring of EDB had been discussed in the 35th meeting of the Board and on the basis of which the Ministry of Industries has already forwarded a summary to the office of Prime Minister which is yet to be approved or rejected. EDB, established in 1995, is being considered a technical arm of the Ministry of Industries but it is currently in the doldrums, especially after fire incident took place September 2017. No proper offices have still been established. The officers and their staff are sitting in a hall situated in the basement of Privatization Commission building, which is EDB's own building but it is the failure of Mirza Nasir Baig, who has been assigned to look-after charge of CEO EDB, to get it vacated from the Privatization Commission, WTO Wing of Ministry of Commerce and Federal Ombudsmen. These organizations occupying EDB building are paying lower rent than the rent EDB had been paying in burnt-down building. Private industry visitors said the current seating arrangement of EDB staff is quite dangerous in case any incident happens due to scattered wires on the floor of basement. It can cause loss of human lives. There is no proper place for sitting of the officers even. Auto parts makers also wrote several times to the secretary industries about the poor performance of EDB that is becoming a "no go area" for the auto industry, seeking enhancement of quotas under the prescribed policy. On t he cont rary, the business associations, chambers, industrial bodies and experts have unanimously opposed the government plan of disbanding the EDB and termed it an unjustified decision, as the credit of development and growth of whole auto parts vending industry goes to this institution. However, APMA chief Mohammad Sabir Sheikh strongly said the government should close down the EDB as it is against the SMEs of bike industry and favor big assemblers who grease the palms of EDB seniors. The Ministry of Industries has sent a summary to Prime Minister Shahid Khaqan Abbasi to rescue officially declared "corrupt" EDB. In May 2017, the Cabinet Committee on Energy
(CCoE) headed by the Prime Minister had decided to dissolve the EDB due to rampant corruption. The federal cabinet on July 13, 2017 endorsed the decision of the CCoE. The sources said that incumbent Prime Minister Shahid Khaqan Abbasi, then minister for petroleum and natural resources, had supported winding up of the EDB which, according to him, is a corrupt organization. The EDB's tariff section was considered as notorious by then head Mirza Nasir Baig, the incumbent acting CEO. The Prime Minister had rejected the Ministry’s summary regarding the appointment of Mirza Nasir Baig as CEO but the ministry did not remove him from the position due to unknown reasons. The EDB is under severe criticism due to rampant corruption and incompetence.
the EDB to other relevant departments. However, recently he changed his viewpoint due to internal issues of the ministry. The EDB is still being ruled by a mafia which does not allow any company or firm to get permissions without "accommodating" the officials and this was the reason Shahid Khaqan Abbasi wanted it to be dissolved, said an official on condition of anonymity. The ministry in its summary was of the view that in the interest of industrial sector, EDB's revamping and strengthening through the ECC of the Cabinet be approved. A summary was submitted by Ministry of Industries and Production (MoI&P) on July 17, 2017 to review decision regarding disbandment of the EDB. The Prime Minister's Office raised certain observations on September 21, 2017 and directed to re-submit the
APMA chief Mohammad Sabir Sheikh strongly said the government should close down the EDB as it is against the SMEs of bike industry and favor big assemblers who grease the palms of EDB seniors. The Ministry of Industries has sent a summary to Prime Minister Shahid Khaqan Abbasi to rescue officially declared "corrupt" EDB. In May 2017, the Cabinet Committee on Energy (CCoE) headed by the Prime Minister had decided to dissolve the EDB due to rampant corruption. The federal cabinet on July 13, 2017 endorsed the decision of the CCoE. The CCoE chaired by the Prime Minister on May 29, 2017, observed that the EDB was not performing any useful function, either in terms of regulation or promotion of engineering enterprises, adding that malpractices had become endemic in the Board while exploitation of businesses by its staff had become the norm. The Board has become a major impediment to improving the ease of doing business and creating an enabling environment for industrial expansion and economic development, it was argued. The sources said that earlier Minister for Industries and Production Ghulam Murtaza Khan Jatoi had endorsed the decision of the CCoE and proposed to shift different functions of
summary for consideration of the Prime Minister. The ministry further states that EDB has been actively involved in policy formulation for engineering industry and is monitoring progress of local industry under various SROs, carries out annual budget exercise, liaises with in ternati onal business sup port organizations and international associations for development of local in dust ry, and has su ccessf ully implemented localization programs for entire industry. The local industry has sustained under these programs. The Industry Ministry has requested the Prime Minister to review the decision regarding disbandment of the EDB in the interest of industrial sector.
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Review of Motorcycle Industry
Monthly AutoMark International
History of Chinese bike making in Pakistan In year 2001, there were only six motorcycle assemblers in Pakistan. Three were Japanese (Honda, Yamaha, and Suzuki) and rest Chinese (Sohrab, Qingqi, and Hero). Former Finance Minister Shaukat Aziz reduced CBU rate of duty in the budget 2001-02 from 105 per cent to 75 per cent and immediately after two weeks, the rate was revised up to 90 per cent at the behest of Atlas Group and PAMA. Many motorcycle dealers including Babar Autos, Sitara Auto Impex, Moon Traders from Karachi and Lahore were compelled to import CBU motorcycles from China on the prevalent rate. They started assembling with local bran names:
1. Rocket Motorcycle 2. Guangta Motorcycle 3. Star Motorcycle 4.Jinan Motorcycle 5. Super Star Motorcycle In 2003, CBU duty was cut down to 75 per cent and rate on CKD to 20 per cent from 25 per cent. Government, in that year, also approved four motorcycle assemblers to start local assembling. And, number of v end ors/p art s manufacturers increased from less than 100 to 125 units. Because of arrival of new entrants, the Japanese assemblers had to reduce price by Rs10,000.
In 2004, duty on CBU remained intact, but import duty on CKD rose to 30 per cent. However, number of vendors increased to 125 to 200 and 10 assemblers were approved. Following year, the competition got stiffest because then approximately 60 assemblers were engaged in assembling of Chinese motorcycles. The sce ne wa s overcrowded to the extent that 20 assembling units reached on the verge of collapse. Satisfyingly, however, motorcycle production crossed 375,000 units. In 2006, government replaced the auto sector deletion programme with tariff based system (TBS). Thus, end the chapter of blackmailing by EDB and federal board of revenue (then CBR). APMA insisted on the implementation of TBS to save sagging units. Some 22 out of 38 units adopted cost cutting measures in the wake of tough competition. In 2007, duty on CBU brought down to 65 per cent, CKD rate of duty on non localized parts 15 per cent, CKD rate of duty on localized parts 47.5 per cent, raw material rate of duty zero per cent, etc. It should be noted that new duty structure gave a way to tax evasion by big assemblers. Due to Pak rupee and dollar disparity, rising number of assemblers, price reduction to as low as Rs36,000, energy
crisis, and disturbed law and order situation, the assemblers were bearing significant fall in profitability. In 200809, the assemblers produced 918000 units. In 2009-10, all motorcycle assemblers produced record 1.4 million units in the country. Japanese assemblers produced 622000 units while Chinese-affiliated companies produced 778000 units. At present, EDB has more influence of Japanese bike markers in policymaking. Similarly, PAMA is considered sole representative of auto industry while suggestions from APMA are not paid heed. Due to very high rate of CBU duty on motorcycles, the import has come to grinding halt. The very important point is that if we import small cars in Pakistan then the CBU rate is 50 per cent and if we import motorcycle, then the CBU rate is 65 per cent. Why ? If government reduces rate from to 45 per cent, it is guaranteed that import would form not more than two per cent of total production. China, India, Japan, Thailand and many other countries have more than 100 models/designs of bikes, but we have only three models/designs. The writer is CEO Sitara Auto Impex and Chairman APMA, an association of C h i n e se a ff i l i a t e d m o t o r c y c l e assemblers.
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Exclusive Reviewed by Syed Sarim Raza
Toyota Camry Hybrid 2018 Launched in Pakistan
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Monthly AutoMark International
T
oyota Camry 2018 Hybrid has been launched in Pakistan much to the delight of luxury sedan enthusiasts. It is one of the premium sedans by the brand that is famous for its good looks, dynamic performance and advanced safety featuresnot only in Pakistan but also across the world. Toyota Camry Hybrid 2018 brings the best of both worlds as it boasts a new design language of Toyota and offers a fuel-efficient hybrid powertrain, which makes commuting a pleasurable experience in the new Camry. Many hybridmodels of cars have enjoyed significant success in Pakistan over the last few years with cars like Toyota Prius, Toyota Aqua andHonda Fit being able to impress the car buyers in Pakistan with their fuel-efficient performance. Toyota Camry 2018 Hybrid is also expected to make it big in the Pakistan car market not just because of a highly fuel-efficient powertrain but also because of its stunning new design and technological brilliance.
Design of the Toyota Camry Hybrid 2018 Gone the times when hybrids were not so popular for their design and aesthetic appeal. Toyota Camry is a premium hybrid of modern erathat has a captivating design and a muscular appeal. The all-new Toyota Camry Hybrid is a powerful sedan with authoritative looks that brings a new dawn for the modern-day hybrids that are nowimmensely attractive and stylish.
Exterior The exterior of the Toyota Camry Hybrid 2018 exhibits a striking blend of chiseled surfaces and sweeping curves that make the Camry look irresistibly beautiful. The bold edges of the sedan make it a sight to behold and create a long-lasting impression on the onlookers. The allnew Camry Hybrid has a muscular exterior appeal and it looks like luxury in motion when it hits the road. It has
a two-part front grille with flowing lines and Toyota’s badge in tinted blue color at the center of the upper grille that represents the hybrid powertrain of the sedan. The new LED headlights make the exterior crisper, sharper and more stylish. These are fully-integrated LED Daytime Running Lights (DRL) that set a bold and aggressive style-statement for the vehicle and also give a clear view of the road while driving. It also has LED fog lamps, which help the driver in maneuvering the vehicle safely in foggy or low visibility conditions. The taillights are also sleek and stylish and fit perfectly with the overall design language of the all-new Toyota Camry Hybrid. The commanding appeal of the vehicle is further boosted by 18-inch silver machined-finished alloy wheels with dual shaft spokes.
Interior Just like its strikingly beautiful exterior, the interior of the Toyota Camry Hybrid 2018 is a work of art and depictssheer craftsmanship of designers at Toyota. With attention given to every single detail, the interior boasts luxury and style and makes the Camry 2018 an absolute technological masterpiece. The highlight of the interior is the LED Interior illumination that just takes the luxury appeal of the vehicle to a whole new level. It comes with a dual zone AC with humidity sensor that keeps the incabin temperature comfortable for the driver and passengers. It has a 7-inch immersed multimedia touch-screen with USB and Bluetooth integration for limitless fun and entertainment. It also has a panoramic roof that makes for an ab sol u t ely l uxuri o us ri d e and complements the stunning design of the vehicle perfectly. The interior is truly driver-centric as the driver enjoys steering-mounted controls for Audio, Phone, MID, Cruise Control and Voice. Other premium interior elements include a multi-information display for the driver, push start button,
smart key entry, electro-chromatic rearview mirror, power rear sunshade, highquality leather-trimmed seats with powered seat adjustment and electric lumbar adjustment for the driver. The Toyota Camry Hybrid 2018 also offers a remarkable cargo space that allows you to take all the essential gear with you on long trips with friends and family.
Fuel-Efficient Performance The Toyota Camry Hybrid boasts an advanced engine that is a fuel-efficient and immensely powerful at the same time. It has a 2.5-litre 4-Cylinder Euro5 hybrid engine which is paired with a 6speed sequential shift CVT gearbox. The Toyota Camry Hybrid has a highperformance engine that produces a horsepower of 178hp and 231 Nm of torque. It delivers a fuel economy of 12Km/L on highways and 10Km/L in the city which is excellent, considering it is a premium luxury vehicle. The driving experience of the Toyota Camry Hybrid can be customized by selecting one of the multiple driving modes available. These driving modes are ECO, Sport and Normal.
Safety Features Toyota Camry Hybrid 2018 has bagged anNHTSA 5-star overall safety rating which makes it a perfect family vehicle. It delivers a safe and secure ride for the whole family with a variety of safety features and driver-assistance systems.
These features include: • ABS System • Ve h ic l e S ta b i l it y C on t r ol • Brake Hold • Traction Control • Hill Start Assist Control • 6 SRS Airbags (for Driver, Front (Passenger and Curtain Side Airbags)
Price and Availability Toyota Camry Hybrid is a modern day compact sedan that delivers a striking performance and offers a number of luxury and convenience features. The 2018 Camry Hybrid has been launched and is available in Pakistan at a starting price of PKR 8,300,000.
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Exclusive Report by Automark Correspondent
Monthly AutoMark International
WHO IS THE ACTUAL OWNER OF HYUNDAI H-100 IN PAKISTAN NISHAT OR DEWAN?
Dewan Daehan The ground breaking ceremony of the Hyundai – Nishat vehicle assembly plant at Faisalabad’s M-3 Industrial City took place in last December 2017. The local production of vehicles is expected to begin within two years. Hyundai – Nishat Motors signed an investment agreement with the Ministry of Industries and Production under the Automotive Development Policy 2016 – 21 in early December 2017 to set up a Green Field project to undertake assembly and sale of passenger cars and one-ton commercial vehicles. The groundbreaking was performed by the Prime Minister of Pakistan Mr. Shahid Khaqan Abbasi. The venture sees an investment of US $230 Million as the plant will initially produce 7,000 vehicles by 2020 and will enhance its production to 30,000 units by year 2023. Hyundai – Nishat intends to launch a range of vehicles from hatchbacks, sedans & SUVs to commercial vehicles. Three vehicles were displayed during the event, namely Hyundai Tucson, Hyundai H-1 van and Hyundai H – 100 pickup. (The latest version of Hyundai Commercial Pickup known as Shehzore in Pakistan). On the other hand Dewan Farooque Motors Limited (DFML) is expected to resume vehicle production in Pakistan from February 2018 as it has received approval under Brownfield Category from the Engineering Development Board (EDB). Initially, the company will re-launch its popular Shehzore’s oneton pi ckup t rucks, which saw tremendous success in our market during the previous decade. Dewan also plans to roll out passenger
cars and a Sports Utility Vehicle (SUV) after the re-launch of Shehzore.Dewan Farooque Motors is returning to the scene with a manufacturing agreement with Daehan-Dewan Motor Company Private Limited – a joint venture between DewanYousuf Companies and the Laos-based Kolao Group. The above situation is very interesting and rather confusing for automobile industry because both companies will use Hyundai brand engines for their commercial pickups i.e. Nishat H–100 and Dewan’s Shehzore. Our sources revealed that both groups, Nishat and Dewan are ready to fight each other on this issue. We tried to obtain official reaction / statement of both groups on this issue but failed. However we gathered some information through our own resources and would like to share with our readers. Our reliable sources says that that expiry date of the agreement between Laos based Kolao Group and Dewan Group of Pakistan was 30th December 2017,which is already expired and Dewan Group can only assemble the CKD Kit which they have already imported and kept in to custom bonded warehouse. The quantity of these CKD units are around 300 to 400. After that Dewan Group may not be able to supply / offer Hyundai engines to the Pakistani buyers for their Shehzore vehicles. On the other hand Dewan Group claims that they have an agreement with Kolao and Kolao will supply 500 units of CKD kits every month. In this case it would be the first time in Pakistan automobile history that two different auto assemblers will use same brand and specification engines for their vehicles. There may be some positive effects of this situation. But one critical impact is that customer may suffer badly in case of a fight between Nishat and Dewan. It is a known fact that premium / popular brands in Pakistan enjoys a special position and assemblers get advance money against pre bookings of the vehicles. No doubt that Dewan Shehzore
Hyundai Nishat (Hyundai H-100) was a very popular mo d el and hop efully “D ewan” successfully got a huge some of money in advance from the customers against the future delivery of vehicles. If Hyundai Nishat will create any legal hurdle and will become successful to stop Dewan for using the Hyundai brand engine, it will directly affect Dewan and ultimately Dewan customer would be on a receiving end. Policy makers / approving authorities must keep in mind the case of Tawakal Group / Naya Daur Motors fraud in which 16000 people lost their money in the worst scam of Pakistan history. The amount involved in the fraud was around Rupees 800 Million, the customers were deprived of their hard earned cash through advance booking of the vehicle all over the country. After collecting more than Rs. 800 Million the accused failed to provide vehicles to their customers and fled to U.S. The situation could become more critical in case of Dewan Group because presently group is on banks default list. 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. Dewan’s were eventually declared the defaulters of over Rs. 45 billion. Resultantly assembly and marketing of Hyundai vehicles in Pakistan was also stopped.
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International Automotive Industry - Update
Monthly AutoMark
HONDA RECALLS 717,000 VEHICLES FOR TAKATA AIRBAG INFLATORS 4 Automakers to join Toyota-led EV project Four Japanese automakers plan to take part in the electric vehicle technology development project of Toyota Motor Corp., Mazda Motor Corp. and Denso C orp. , i t was learned Sund ay . The four are Suzuki Motor Corp., Subaru Corp., Daihatsu Motor Co. and Hino Motors Ltd. All partners will bring together a broad spectrum of technologies ranging from compact cars to commercial vehicles to speed up development at a time when Japanese companies are lagging behind U.S. and European competitors in the commercialization of electric vehicles. The four automakers have concluded contracts to join the project promoted by EV C.A. Spirit Co., which was set up in September by Toyota and the two other companies. The four will send about five engineers each to the Nagoya-based joint venture and bear research costs. But they will not take any equity stakes in the venture.
Honda Motor Europe joins European Automobile Manufacturers’ Association The European Automobile Manufacturers’ Association (ACEA) welcomes Honda Motor Europe as its newest member. Following the approval of ACEA’s Board of Directors last month, Honda’s membership of the trade association took effect on 1 January. ACEA now represents the 15 major Europe-based car, van, truck and bus manufacturers. The other ACEA members are BMW Group, DAF Trucks, Daimler, Fiat Chrysler Automobiles, Ford of Europe, Hyundai Motor Europe, Iveco, Jaguar Land Rover, PSA Group, Renault Group, Toyota Motor Europe, Volkswagen Group, Volvo Cars, and Volvo Group.
Honda is recalling about 717,000 more vehicles to replace Takata airbag inflators, with some of those vehicles already subject to prior airbag recalls. The following Acura and Honda vehicles are included. • 2009-2012 Acura RL • 2009-2013 Acura TSX •2011-2013 Acura TSX Wagon • 2010-2013 Acura ZDX • 2009-2012 Honda Accord • 2010-2013 Honda Crosstour • 2009-2011 Honda Civic • 2009-2011 Honda CR-V • 2009-2011 Honda Element • 2013 Honda FCX Clarity • 2009-2013 Honda Fit • 2013 Honda Fit EV • 2010-2013 Honda Insight • 2009-2013 Honda Pilot •2009-2013 Honda Ridgeline The Takata airbag inflators are at risk of exploding due to the metal inflators that contain the explosive chemical, ammonium nitrate. The chemical can become unstable due to heat, time and moisture, something that has already killed at least 20 people worldwide, most of those deaths occurring in Honda vehicles. This latest recall involves passenger front airbag inflators that do not contain a dessicant, a drying agent to protect the ammonium nitrate from moisture.
This is the first recall for about 465,000 of the vehicles, and the automaker has enough replacement inflators for all the vehicles it has recalled in the U.S. Honda has recalled about 17 million Takata airbag inflators in the U.S, with about 11.6 million already replaced. Honda says no additional driver-side frontal airbag inflators will be subject to this latest action, but some vehicles previously repaired under earlier driver front inflator recalls will now require replacement of those vehicles' passenger front inflators. Also included in this recall are about 960 model year 2009-2016 Honda Gold Wing motorcycles. Honda and Acura will start mailing recall notices in February 2018 and customers are urged to immediately make dealer appointments. Vehicle owners with questions should call 888234-2138, and motorcycle owners should call 866-784-1870. CarComplaints.com has owner-reported complaints about the vehicles named in the airbag inflator recall. • Acura RL • Acura TSX • Acura TSX Wagon • Acura ZDX • Honda Accord • Honda Crosstour • Honda Civic •Honda CR-V • Honda Element • Honda Fit • Honda Fit EV •Honda Insight • Honda Pilot • Honda Ridgeline
Report says VW retains position as world number one carmaker Citing Volkswagen's inhouse sales estimates, it looks as if VW has retained its position as the world's number one automaker. VW and Toyota had battled for the top spot for years. However, VW jumped into the lead about the middle of last year and has held it ever since. For several years, Volkswagen and Toyota fought for the top spot as the world’s largest automaker. And, in the middle of last year, VW had the breakthrough it had sought, taking the position as the world’s number one automaker, a spot it has retained since. According to a report in the German newspaper, Bild am Sonntag, VW saw its sales rise last year to 10.7 million deliveries. The newspaper cited VW inhouse estimates. The numbers kept VW ahead of Toyota. The figure is a record for the automaker.
It includes record deliveries from its premium marques – Audi and Porsche. The deliveries helped push total Volkswagen revenues to more than $264.62 billion (220 billion euros). A Volkswagen spokesperson declined comments on the report. VW is set to publish its official sales data next week and plans to release its base financials late next month. Porsche sets record 8th consecutive sales mark In its run-up to the top spot last year, VW’s 2016 sales rose to 10.3 million vehicles. The automaker’s effort to achieve the top spot was helped by a “double-digit increase in China” and gains in Europe, says Automotive News, the trade paper that published the Bild report.
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Industry News - Update
RD on dozens of imported items revised an inter-ministerial committee, comprising representatives from FBR, Ministry of Commerce and Ministry of Finance was constituted which held several meetings and also consulted the Textile Division, Engineering Development Board and National Tariff Commission. The Federal Board of Revenue (FBR) has revised regulatory duty (RD) on dozens of imported items on the proposal of different sectors. It includes 5 percent RD on the import of sacks and bags of polymers of ethylene by registered units for in-house use for packaging food and dairy products. The FBR has amended SRO1035(I)/2017 through an SRO 06(I)/2018. Under the revised regulatory duty regime, the regulatory duty shall not be levied on imports, under PCT codes 1202.4200 and 1517.9000, by registered manufacturers of food and confectionary industry; imports, under PCT codes 1901.9020,1901.9090,1905.9000 and 2103.9000, by units certified to be vertically integrated poultry processing units engaged in production of value added chicken products; imports of sliver cans and lollipop sticks, (PCT code 39 26. 9099 ); part s ( PC T cod es 3926.9099 and 4016.9990) if imported by vendors of automotive OEM sector; imports of rubber apron cots (PCT code 4016.9990); import of vehicles (CBU) by new entrants, as enumerated vide Sr. 1, Table-III of SRO 656(1)/2006, in terms of Auto Development Policy and regulatory duty shall not be levied on imports of parts of air conditioners (PCT codes 8415.9012, 8415.9021 and 8415.9091), if imported by vendors of automotive OEM sector. According to the notification, the RD has been reduced on the import of cocoa powder, not containing added sugar or other sweetening matter from 40 percent to 20 percent; sulphonic acid (soft), other, other than in retail packing, non-ionic, cocoamidopropyl betaine (CAPB), 20 percent to 10 percent; preparations put up for retail sale, other, 35 percent to 25 percent; sacks and bags of polymers ethylene if imported by registered units for in-house use for packaging food and dairy products 5 percent; spools, cops, bobbins and similar supports (zero percent RD); parts of footwear (including uppers
whether or not attached to soles other than outer soles) removable in soles, heel cushions and similar articles gaiters, leggings and similar articles, and parts thereof, 25 percent to 15 percent; enamelled and coated for antirust purposes except imported by registered units of air conditioner manufacturers, 20 percent RD; enamelled and coated for antirust purposes (if imported by registered units of Air conditioner manufacturers) 10 percent RD; other (if imported by registered units of Air conditioner manufacturers) 10 percent RD; other (if imported by registered units of air conditioner manufacturers) 10 percent RD; covers for inner body if imported by registered units of air conditioner manufacturers 10 percent RD; other (if imported by registered units of air conditioner manufacturers) 10 percent RD and light fittings with fixed/fitted and LED/SMD lights have been subjected to 30 percent RD. The regulatory duty imposed on home appliances such as air conditioners, deep freezers, refrigerators, washing machines, microwave ov en PDP/LCD/LED TVs, electro-mechanical d o m e s t i c ap p l i a n c e s , e l e c t r i c instantaneous or storage water heaters is leviable on CBU units thereof by virtue of description provided. It will not be leviable upon CKD kits thereof, despite the classification under the PCT codes of CBU units due to application of GIR 2(a), the SRO added. Background of the issue revealed that in order to improve balance of payment position by reversing the trend of widening trade deficit, the ECC in its meeting held on October 6, 2017 approved the proposal for increase/levy of RD ranging from 10% to 30% on a number of non-essential/luxury/locally produced items. Consequently, the FBR issued SRO 1035(1)/2017 on October 16, 2017 in terms of section 18(3) of the Customs Act, 1969, resulting in the levy of RD on 27 new items (137 tariff lines) and increase in RD on 31 existing items
(219 tariff lines). The sources said a large number of representations were received against levy/increase of the RD from different stakeholders. Simultaneously local manufacturers of various items also approached the FBR with proposals for levy/increase of RD on certain locally produced goods to encourage import substitution. Some trade associations also approached Standing Committees on Finance of both the National Assembly and the Senate. The latter, after conducting several hearings recommended forming a committee and considering all the representations regarding RD filed by different stakeholders during meeting held on November 16, 2017. Resultantly an inter-ministerial committee, comprising representatives from FBR, Ministry of Commerce and Ministry of Finance was constituted which held several meetings and also consulted the Textile D ivision, Engineering Development Board and National Tariff Commission. According to sources, a total of 53 representations were received from d i f fe r e nt s t a k eh o l d e r s. I n 4 1 representations, the importers and local manufacturers sought removal/reduction or partial exemption from RD claiming that the same are input goods for their industry. In 12 representations, the local manufacturers sought protection against cheaper imported goods through the imposition/ enhancement of RD. Certain anomalies in the existing duty structure were also identified in some representations with a request for rat ionali zation. The committ ee examined all the representations regarding removal, rationalization and i m p o s i t i o n o f RD a n d ma d e recommendations. Keeping in view the recommendations made by the committee and to rectify tariff anomalies, the FBR proposed revision of RD on certain items. The
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Monthly AutoMark International
Industry News - Update FBR is of the view that the impact of these measures during the remaining 06 months (January to June) is expected to be revenue neutral. The ECC was informed that in terms of section 18(3) of the Customs Act 1969, the Board with approval of federal minister-in-charge is empowered to levy RD. However, this power has been challenged by various petitioners in the High Courts of Sindh and Punjab. Following is the text of the notification issued here on Thursday: SRO 06 (1)/2018.- In exercise of the powers conferred by sub-section (3) of section 18 of the Customs Act,1969 (IV of 1969), the Board, with approval of the federal minister-in-charge is pleased to direct that the following further amendments shall be made in its Notification No. S.R.O.l035 (1)/2017 dated the 16th October, 2017, namely: -
In the aforesaid notification, (a)in the Table, in column (1), (i) against S No 115, in column (4), for the figure "40", the figure "20", shall be substituted; (ii) against S No 278 to 284, in column (4), for the figure "20", the figure "10", shall be substituted; (iii) against S No 285 and 286, in column (4), for the figure "35", the figure "25", shall be substituted; (iv) against S No 299, in column (3), for the words "Of polymers of ethylene", the words "Of polymers of ethylene except imported by registered units for in house use for packaging food and dairy products", shall be substituted; (v) after S No 299, the following new serial number and the entries relating thereto in columns (1), (2), (3) and (4), shall be inserted, namely: "299A 3923.2100 Sacks and bags of polymers of 5"; ethylene if imported by registered units for inhouse use for packaging food and dairy products. (vi) the S No 303, and the entries relating thereto in columns (2), (3) and (4) shall be omitted; (vii) against S No 383, in column (4), for the figure "25", the figure "15", shall be substituted; (viii) against S No 497, in column (3), for the words "Enamelled and coated for antirust purposes", the words "Enamelled and coated for antirust purposes except imported by registered units of air conditioner manufacturers", shall be substituted;
(ix) after S No 497, the following new serial number and the entries relating thereto in columns (1), (2), (3) and (4), shall be inserted, namely: "497A 8415.9011 Enamelled and coated for antirust 10"; purposes (if imported by registered units of Air conditioner manufacturers) (x) against S No 499, in column (3), after the word "other", the words "except imported by registered units of air conditioner manufacturers", shall be inserted; (xi) after S No 499, as amended herein above the following new serial number and the entries relating thereto in columns (1), (2), (3) and (4), shall be inserted, namely:"499A 8415.9019 other (if imported by registered 10"; units of air conditioner manufacturers). (xii) against S No 501, in column (3), after the word "other", the words "except imported by registered units of air conditioner manufacturers", shall be inserted; (xiii) after S No 501, as amended herein above the following new serial number and the entries relating thereto in columns (1), (2), (3) and (4), shall be inserted, namely:"501A 8415.9029 other (if imported by registered 10"; units of Air conditioner manufacturers) (xiv) against S No 502, in column (3), after the word "body.", the words "except imported by registered units of Air conditioner manufacturers", shall be inserted; (xv) after S No 502, as amended herein above the following new serial number and the entries relating thereto in columns (1), (2), (3) and (4), shall be inserted, namely:"502A 8415.9030 cov er s fo r inner body (if imported 10"; by registered units of air conditioner manufacturers) (xvi) against S No 504, in column (3), after the word "other", the words "except imported by registered units of air conditioner manufacturers", shall be inserted; (xvii) after S No 504, as amended herein above the following new serial number and the entries relating thereto in columns (1), (2), (3) and (4), shall be inserted, namely:"504A 8415.9099 other (if imported by registered 10"; units of air conditioner manufacturers) (xviii) against S No 653, in column (3),
after the word "other", the words "except light fittings with fixed/fitted LED/SMD lights", shall be inserted; (xix) after S No 653, as amended herein above the following new serial number and the entries relating thereto in columns (1), (2), (3) and (4), shall be inserted, namely:"653A 9405.1090 light fittings with fixed/fitted 30"; and LED/SMD lights (b) In paragraph (2), (i) in clause (1) and (m), the word "and" appearing at the end, shall be omitted; and (ii) after clause (m), the following new clauses shall be added, namely:"(n) imports, under PCT codes 1202.4200 and 1517.9000, by registered manufacturers of food and confectionary industry; (0) imports, under PCT codes 1901.9020,1901.9090,1905.9000 and 2103.9000, by units certified to be vertically integrated poultry processing units engaged in production of value added chicken products; (p) imports of sliver cans and lollipop sticks, (PCT cod e 3926. 9099) ; (q) parts (PCT codes 3926.9099 and 4016.9990) if imported by vendors of automotive OEM sector; (r) imports of rubber apron cots (PCT code 4016.9990); (s) import of vehicles (CBU) by new entrants, as enumerated vide Sr 1, TableIII of SRO 656(1)/2006, in terms of Auto Development Policy; and (t) parts of air-conditioners (PCT codes 8415.9012, 8415.9021 and 8415.9091), if imported by vendors of automotive OEM sector.; and (c) after paragraph (3), the following expl anati on shall be i nsert ed; namely:"Explanation: The regulatory duty imposed on home appliances such as air conditioners, deep freezers, refrigerators, washing machines, microwave oven PDP/LCD/LED TVs, electro-mechanical domestic appliances, electric instantaneous or storage water heaters is leviable on CBU units thereof by virtue of description provided. It will not be leviable upon CKD kits thereof, despite the classification under the PCT codes of CBU units due to application of GIR 2(a)." Curtesy: Business Recorder
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Monthly AutoMark International
Automotive News - Update
Hilux Revo the flagship model has been temporarily suspended from production Indus motor company (IMC) which is the assembler and supplier of Toyota makes and models in Pakistan has as to our knowledge temporarily suspended the production of their Hilux Revo which holds a 3.0 litre 1KD-FTV engine with an intercooler and turbo. It was the flagship model of Hilux, their main most upper class 4X4 below the Fortuner from the models they assemble locally in Pakistan. Along with that the Fortuner which is a luxury 4x4 SUV has been suspended as well but Indus Motor Company has confirmed it is going to soon be re-launched with a 2.8 litre diesel engine. According to some sources IMC is going to try flash the ECU and reprogram it for the 3.0 litre engine trying to fix the issues specified with mechanics, if they are not able to than the engine will get discontinued and replaced with the 2.8 litre diesel engine which is going to also be introduced in the 2018 Fortuner model. According to some sources Revo was facing injector and rattling issues with
the engine, and similar problems were also faced by people using refurbished imported models of Hilux. When Hilux Revo was first launched 2 years ago with a refreshed look to the Hilux brand, the vehicle came with a 2.8 litre engine as opposed to what Indus Motor Company decided to launch in Pakistan (3.0 litre engine). They did not give a valid reason as to why they did it but market sources say, that they were trying to save money on it. Now the company is deciding to launch it with the 2.8 litre 1GD-FTV Diesel enginebut this will lead to being questioned by the people and feeling left out and since the engine didn’t last for a long period of time the consumers might face a shortage with parts. Many people complained they were facing bad fuel average and engine issues while the older imported Hilux was dealt with the problem of knocking issue with the engine since the engine was not compatible with diesel. By Automark
China is now the largest trading partner of Pakistan China has become the largest trading partner of Pakistan. Other than Pakistan, it is the biggest trading partner of 15 Asian nations. China has improved its trade and economic cooperation with its neighboring countries. This trade integration will be preserved and strengthened in upcoming years. MOFCOM data reveals that trade reached $1.17 trillion between China and 25 Asian nations in the previous 11 months of 2017. In China’s top ten trading partners Japan, South Korea, Vietnam, Malaysia and Pakistan are included. Almost $10.77 billion worth of investment went to China from 25 Asian nations. China also invested almost the same amount in Asian countries. $10.67 billion was invested by China in the Asian nations. China’s main overseas engineering contract markets are Pakistan, Malaysia, Indonesia, Bangladesh, and Laos. Engineering contracts worth $83.84 billion were signed by China with Asian countries. The turned over in 2017 was more than $44.79 billion.
SINDH TRACTOR SCHEME - Old Scam Making a come back As the tractor industry of the country is still waiting for any government support scheme, promised at the time of budget; it is also being denied opportunity under Sindh Tractor Scheme, as the share under scheme is apparently not being fairly distributed by Sindh government. Already, it is for years now, the tractor industry is striving for revival from the adverse impact of taxation, that the present production figures of 53975 units are still way behind the pre taxation figures of 70770 units that were achieved years ago. The imposition of tax, resultantly, it not only overturned the momentum but the growth, already achieved, was also lost. As such the industry always looks up to opportunities of growth under the schemes announced by provincial governments, presently, Sindh Tractor Scheme. However, reports are abound that the quota, under the scheme, is being allocated by Sindh government in a surreptitious manner to the favorite ones, as has been the case at the time of
previous scheme; controversy about which has not yet subsided. It is to be noted that Sindh Government, in the past, has been under severe criticism for introducing Tractor Schemes that lacked transparency. It was only after an outcry from farmers and also complaint by Pakistan Automotive Manufacturers Association (PAMA) on the irregularities in Sindh Tractor Scheme then , S in dh Government allocated only 6200 units to be divided equally amongst all local manufactures only to silence the protesting companies. It has been learnt that NAB isalso investigating the irregularities of the previous schemes; so much it is important now for the authorities to exercise due caution. The farmers were e xp e ct i ng t hat t h e p r ov i nc i al government must have learnt the lesson and would refrain from forcing them to buy any particular brand. “The best option is government should let this be the choice of the customers i.e. farmers, to choose freely from
amongst the available local brands and the Sindh Government should not interfere with the market mechanism in this regard” said the Director General PAMA, Abdul Waheed Khan. He added that any undue support to any particular brand would not only be unfair but would defeat the purpose of the scheme and result in waste of resources as the farmers may end up buying a shoddy product. DG PAMA said tractor assembly industry in Pakistan has long been in existence, so farmers are well aware with the standing of one brand against the other in terms of their general performance, credibility on quality, and value for their money. Therefore in the interest of best use of available resources the uplift of tractors may not be bound to any particular product; rather the available funds are placed at the disposal of the market allowing the farmers to buy freely any product of their choice, this would ensure optimal use of funds and success of the scheme, Waheed said.
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International Automotive Industry - Update
Monthly AutoMark
China goes all out to be king of the electric car For Mazda and Toyota why the rush to Alabama? With U.S. sales in decline — and who knows for how long? — is it the right time to add vehicle production capacity? Possibly not, but for Toyota and Mazda, the situation was urgent. The automakers last week announced they will invest $1.6 billion to build a 300,000-vehicle assembly plant near Huntsville, Ala., that will be up and running in 2021. The partners worked out that plan — from proposal to completed deal — in just five months, according to Alabama officials who marveled at their own ability to deliver an acceptable factory location in that short time. "Very seldom can a project of this size be put together as fast as this one," said Huntsville's somewhat breathless mayor, Tommy Battle, who helped put it together. Among the steps: getting a $370 million state incentives package approved by the Legislature to support the project and arranging plans for Alabama to recruit and train the plant's 4,000 workers. It helped that the pancake-flat 2,500acre site, a former cotton field, already was available, having been looked over and rejected 10 years earlier when Volkswagen officials were searching for a place to build the plant that instead landed in Chattanooga. It also didn't hurt that Toyota Motor Corp. President Akio Toyoda already had warm, nostalgic feelings about Alabama. While making the plant announcement last week here in the state capital, he recalled that he stayed in Alabama as a Boy Scout on his first extended trip away from home. Motivation But why the rush? Toyota needs more Corollas, despite a decline in sedan sales in general and Corolla sales in particular, Toyota Motor North America CEO Jim Lentz told Automotive News during an event here where the plans were announced.
After spending a dozen years working as a successful executive in the auto industry in China, Daniel Kirchert had something of a revelation. It was 2015, and the veteran of BMW and Nissan Motor was awed by a wave of change washing over his century-old industry. "I had a strong feeling," he said. "The future is electric, the future is smart cars, the future is autonomous. And the traditional companies are not moving fast enough." Before the year was over, he and a former colleague from BMW, Carsten Breitfeld, had decided to launch their own luxury electric car company. In just 22 months, they have raised $320 million, lured talented engineers from companies like Google and Tesla, and are preparing to show off their first prototype in January. And while their company, Byton, has offices in Munich and Silicon Valley, there was no question
where their headquarters would be: China. The decision was cemented after a meeting last year with Wu Zhenglong, who as Communist Party Secretary of Nanjing was promoting a fleet of electric buses and taxis in the ancient capital of east China's Jiangsu Province. "The supply chain was good, the logistics were good and we have very strong support from the local government." It is moving to build a network of up to 800,000 charging stations, while also changing the rules for automakers to prod them into building more electric vehicles in the country. And while much has been made of Elon Musk's promises to turn the electric car into a mainstream product with Tesla's new Model 3, Beijing's massive push ultimately could have far greater impact on whether the market really takes off.
TOYOTA releases four "GR" series models Vitz GRMN limited sales of -150 units began accepting negotiation applications in April 2018 TOYOTA will release four models of Vitz GRMN, 86 GR, Aqua GR SPORT, Prius a GR SPORT. Vitz GRMN will sell for only 150 units, starting acceptance of business talks on April 9, 2018 at GR Garage (GR Garage) and dedicated WEB site nationwide. 86 GR on December 18, 2017, Aqua GR SPORT on November 27, Prius a GR SPORT on December 1 through the nationwide Toyota dealers. Vitz GRMN is a limited quantity model that stands at the top of Toyota's sports car series "GR" handled by GAZOO Racing Company and is a test run on Germany's Nürburgring, which is considered to be the most challenging condition in the world with the concept of "reduction from motor sports" And the knowledge from Vitz who is participating in the All Japan Rally. The in-line 4-cylinder 1.8-liter engine equipped with a supercharger is compatible with the response to power and accelerator operation. Adopted three European European doors with high basic rigidity, a body that realized higher rigidity thanks to the addition of a tower bar (front) and brace, an absorber made exclusively for SACHS (Zachs) tuned for various road surface,
With Torsen LSD * 2 etc., it was possible to run running from the circuit to the general road at will. In addition, by installing the dedicated T-Connect navigation * 3 and TOYOTA GAZOO Racing Recorder * 4 at the same time, we also provided functions to measure lap times on the circuit and analyze running data. 86GR was developed based on 86 GRMN sold for only 100 units in February 2016. In addition to increasing the rigidity by adding braces, SACHS absorber with exclusive tuning, Torsen LSD same as 8 6 GRMN , hi gh performance brake mounted. By adopting a dedicated meter and recarous seat etc., it was decorated with highquality sporty interior, and it was a model that you can enjoy running in high dimensions. Enjoying sports driving easily, Aqua GR SPORT, Prius a GR SPORT strengthened the body rigidity by addition of spot welding dots (aqua) and addition of braces (Prius a , 17 inch package aqua), as well as dedicated tuning The suspension was mounted, giving the pleasure of driving to fuel economy unique to hybrids.
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Karachi Metro Project - Review
The Green Line Bus Rapid Transit System in Karachi is stuck at a red light Green line blues Delays mar a major public transport project in Karachi
Part of the Karachi Transportation I mp r o v e m en t P r o j e c t , i t w a s inaugurated by former prime minister Nawaz Sharif in February 2016 and was originally set to be completed by the end of 2017. The federal government-run Karachi Infrastructure Development Company Limited (KIDCL), however, had to redesign certain portions as the Sindh government wanted various extensions made to its route so it could be linked to other Bus Rapid Transit (BRT) lines being planned in the city. This has resulted in the completion deadline now being revised to mid-2018. The project’s estimated cost has also increased from 16 billion rupees to 24.6 billion rupees. The Green Line BRT system consists of a 22-kilometre road corridor that at times moves through underpasses and
occasionally runs at ground level, but mostly remains elevated. It starts from the Power House area of Surjani Town in northwestern Karachi and ends at Municipal Park in Jama Cloth Market, located in the centre of the city. It was originally planned to end at Guru Mandir on MA Jinnah Road, but the route was extended at the request of the Sindh government, which now wants it extended even further to the Merewether Clock Tower. A report prepared by the KIDCL in December 2017 shows that considerable progress has been made on many parts of the project. A 3.45-kilometre elevated section between Guru Mandir and Nazimabad, costing 1.8 billion rupees, is 95 per cent complete; an eightkilometre mostly ground level section between Nazimabad and Nagan
Chowrangi, costing 1.08 billion rupees and including one flyover each at the Sakhi Hassan, Five-Star and KDA intersections, is also 95 per cent complete; an elevated section between Nagan Chowrangi and Two-Minute Chowrangi, costing 1.98 billion rupees, is 75 per cent complete; and another elevated section between Two-Minute Chowrangi and Surjani Town, costing 1.95 billion rupees, is 60 per cent complete. The construction of an intersection at Board Office, along with its landscaping, is 99 per cent complete. Its total cost is estimated to be 785 million rupees. Other components of the project – 22 bus stations, escalators and elevators, a bus depot at Surjani Town – that together cost 4.5 billion rupees, are all at various stages of completion. An
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Monthly AutoMark International additional amount of 1.01 billion rupees is being spent on shifting electricity, gas, phone, water and sewerage lines from the Green Line track. Zubair Channa, the KIDCL’s general manager of finance, says that “90 per cent of work” on the original project is complete, but the extension to Municipal Park is causing delays. According to him the extended corridor, too, “will be completed by June 2018”.
That may or may not happen Work on the extended portion has already been delayed considerably due to objections raised by the Quaid-eAzam Mazar Management Board that saw its elevated track as obscuring the view of Muhammad Ali Jinnah’s mausoleum. The board’s by-laws prohibit any construction higher than the mausoleum’s podium – upon which its domed building stands – in its 1.2kilometre radius. “If we go ahead with building the proposed elevated section of the BRT and stations that cover the entire width of MA Jinnah Road, then the [mausoleum] will not be visible from Seventh Day Adventist Hospital to the Municipal Park … and well beyond. The vision of the founding fathers and that of the architect will be compromised and it will be a loss to Karachi and to its present and future citizens,” is how architect and urban planner Arif Hasan summed up the objections in a column in the daily Dawn in May 2017. He is a member of the Quaid-e-Azam Mazar Management Board. It took three months to address the problem through a redesigning of the project. An underpass is now being built between Guru Mandir and Al Haaj Bundoo Khan restaurant on MA Jinnah Road. From there onwards, an elevated road is planned to lead to the last stop. Work on the underpass is in its early phase while the construction of the elevated part has yet to begin.
There have been some other design-related problems For instance, the Sindh government sought changes in the original design p as si ng t hro ugh t he Nu mai sh Chowrangi area because, as it argued, it wanted to build other BRT tracks in the same place. It, therefore, demanded that a two-lane underpass there be
widened to three lanes. The redesign has jacked up the project’s cost exponentially, says Channa. “The original cost of the underpass was estimated at 800 million rupees but the redesigned plan – which also envisages an integrated bus terminal for Green, Red, Yellow and Blue lines, a turnaround facility and parking for 25 buses – has increased its cost to 2.5 billion rupees,” he says. The Sindh government has also raised objections to the elevated portion from Bundu Khan restaurant onwards to the end. It says an elevated track will be difficult to expand for future BRT lines and argues that the track be constructed at ground level. A final decision is yet to be made on this
routes were provided to [redirect] traffic during the entire period of construction, wreaking havoc on commuting time and businesses,” says Rehan Hashmi, former member of the National Assembly from Karachi and chairman of the city’s D ist rict Municipal Corporation (Central). That was certainly the case till October 2017. The traffic situation has eased a little now that construction is near completion in most areas covered. The problem is now expected to shift to the areas between Bundoo Khan restaurant and the Municipal Park as construction there will gather pace in the coming weeks and months. Traffic blues, however, are not the only worrisome aspect of the project.
“Work on the extended portion has already been delayed considerably due to objections raised by the Quaid-eAzam Mazar Management Board that saw its elevated track as obscuring the view of Muhammad Ali Jinnah’s mausoleum. The board’s by-laws prohibit any construction higher than the mausoleum’s podium – upon which its domed building stands – in its 1.2kilometre radius.” – as well on the project’s extension to the Merewether Clock Tower – which may cause further delay in its completion. “Whether the Green Line project will benefit Karachi or not, its delayed construction has ruined our business,” says M Jawed Qureshi who heads the Gulbahar Traders Association that represents shopkeepers at a ceramics and sanitary-ware market located almost halfway between Guru Mandir and Nazimabad. Demolition work and digging for the project damaged and narrowed main roads because of which customers avoided visiting the market, he says. “This affected 15 per cent wholesale and over 50 per cent retail business.” Also affected was the livelihood of over 2,500 labourers and 550 goods carriers working at the market, he adds. Major traffic jams could be witnessed at many places along the underconstruction track, causing massive inconvenience to everyone concerned — commuters, transport operators, traders and street vendors, among others. “No diversions or alternative
Once the track and its related infrastructure have been built, running the Green Line will become the responsibility of the Sindh government, which will be responsible for procuring buses and ensuring their smooth operation. Hashmi does not expect the provincial administration to handle this well. For one, he says, it will not be able to procure buses on time. “Instead of buses, motorcyclists will use the corridor which could lead to fatal accidents.” The provincial authorities, however, are confident that they can get buses even before construction is completed. A contractor has already been identified to procure 80 buses by June 2018, says Sindh’s transport and mass transit secretary Saeed Ahmed Awan. A new company will also be set up in the next three months to look after the operations of the BRT lines, he adds. Commuters, meanwhile, wait — sometimes stranded in traffic along the not-yet-complete Green Line track. This article was published in the Herald's January 2018 issue.
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Monthly AutoMark International
Automotive News - Update
Bike Sales in Pakistan Rose by 19% in 2017 Pakistan Automotive Manufacturers Association (PAMA) has revealed the sales and production figures of motorbikes for December 2017. As compared to cars sales, which rose by 20% in December 2017, the motorbikes market did just okay in December 2017.
Atlas Honda • Motorbikes sold in Nov-17: 93,679 • Motorbikes sold in Dec-17: 90,823 The difference of 2,856 means that the company sold fewer vehicles in December. However, regarding monthover-month (December 2016 vs December 2017) growth rates, there is a boost of 7.3% in the sales of Atlas Honda bikes. These figures are a combined data of all of Atlas Honda’s bike products.
United Auto Motorcycle
• Motorbikes sold in Nov-17: 29,018 • Motorbikes sold in Dec-17: 32,765 The difference of 3,747 means that the company sold more vehicles in December as compared to November. It is an increase of 13% in sales. The company also performed very well on a month-over-month basis with an increase of 23% in sales.
Suzuki Suzuki sold 1,914 units in December 2017. Suzuki bikes saw an increase in demand last month. It has several models such as GS 150, GD 110, Raider, Sprinter ECO, and sports bike such as Hayabusa which is recently launched in Pakistan.
DYL Dawood Yamaha Limited — which’s based in Hub, Balochistan, Pakistan
since 1976 — managed to sell 500 units in the last month of 2017.
Road Prince Road Prince sold 18,833 bike units in December 2017 as compared to 14,991 bike units that were sold in November — which is an increase of 21% in sales.
Yamaha, Ravi, and Qingqi Yamaha sold 1,743 units, Ravi sold 1,593 units, and Qingqi sold 61 units of bikes for December 2017.
Fiscal Year 2017-2018
• Bikes sold in first half of FY17-18 (July – December 2017): 940,825
• Bikes sold in first half of FY16-17 (July – December 2016): 789,733 Comparing the figures from the two years, bikes (two and three-wheelers) saw an increase of 19.13% in the first six months of FY17-18.
Tractors production increases 64.05pc in five months Tractors production in the country during first five months of current financial year witnessed an increase of 64.05 percent as compared the production of corresponding period of last year. During the period from JulyNovember, 2017-18 around 27,706 tractors were manufactured and assembled locally as compared the production of 16,889 tractors of same period last year, according to the computation of quantum index numbers of large scale manufacturing
industries. On month on month basis, tractors assembling witnessed 9.73 percent growth in month of November, 2017 as compared the corresponding month of last year. About 5,955 tractors produced in November, 2017 as compared the production of 5,427 tractors of same month last year, it added. Meanwhile, domestic trucks production increased by 24.41 percent in five months as about 3,889 and trucks were assembled as compared 3,126 buses of same period
last year, it added. However, truck production during month of November, 2017 reduced by 2.96 percent as 656 trucks were assembled as compared to 676 trucks of same month last year, the data revealed.During the period from JulyNovember, 375 buses were produced as compared the production of 563 buses of corresponding period last year, whereas buses assembling in month of November was recorded at 19 as against 71 buses during same month of last year.
China is now the largest trading partner of Pakistan China has become the largest trading partner of Pakistan. Other than Pakistan, it is the biggest trading partner of 15 Asian nations. China has improved its trade and economic cooperation with its neighboring countries. This trade integration will be preserved and strengthened in upcoming years. MOFCOM data reveals that trade reached $1.17 trillion between China and 25 Asian nations in the previous 11 months of 2017. In China’s top ten trading partners Japan, South Korea,
Vietnam, Malaysia and Pakistan are included. Almost $10.77 billion worth of investment went to China from 25 Asian nations. China also invested almost the same amount in Asian countries. $10.67 billion was invested by China in the Asian nations. China’s main overseas engineering contract markets are Pakistan, Malaysia, Indonesia, Bangladesh, and Laos. Engineering contracts worth $83.84 billion were signed by China with Asian
countries. The turned over in 2017 was more than $44.79 billion. Chen Fengying, a researcher at the China Institutes of Contemporar y International Relations (CICIR) said that China’s clear and direct route to the global business environment is its neighboring nations. Strengthened economic and trade integration with its neighbors will be beneficial for China’s growth and position in the world.
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Exclusive Review by Syed Sarim Raza
The 4th-Generation Audi A6 A High-Performance Luxury Sedan Audi has released the 4th-generation of its A6 Model in Pakistan that boasts an elegant design, advanced technologies, and a wide range of safety features. Audi A6 2018 exhibits a stunning blend of c r a f t s ma n s h i p i n d e s i g n an d technological excellence, which makes it one of the most sought-after vehicles not only in Pakistan, but also across the world. Audi A6 2018 is a highperformance sedan that delivers a stressfree ride and makes long journeys truly pleasurable. With a new design language and some fine refinements in the performance features, the all-new A6 is now more irresistible than ever before, giving a whole new meaning to luxurious commuting. Here is a review of the 2018 A6 Audiwith an in-depth look at its elegant design, performance features and much more.
Design of the 2018 Audi A6 The designers at Audi have left no stone unturned in making Audi A6 a true masterpiece. It has a progressive designand offers a wide variety of vibrant and sophisticated exterior colors to make it a true delight for Audi lovers. While the elegant stance of the vehicle makes it an exciting luxury sedan, its interior features all the essential luxury amenities that a luxury car enthusiast would wish to see in a premium vehicle.
Exterior The exterior of Audi A6 is all-luxury and features some exclusive design elements to make it a sight to behold for everyone. The front fascia of the sedan features sleek Glare-free Matrix LED headlights, dual fog lights and a stylish hexagonal grille with the Audi badge at the center. The air intakes below the headlights regulate the flow of air inside and outside the vehicle to keep the engine cool for best functioning. The avant-garde exterior is further accentuated by aluminum accents that cover most of the exterior elements.
The elegant sedan also features flowing lines and bold edges that continue throughout the body of the vehicle towards the rear, which is equally stylish and features the state-of-the-art trapezium shaped side-swept LED taillights. There are two different styles of rims available that make the exterior of the Audi A6 more versatile and modern.
Interior The interior of the Audi A6 depicts sheer craftsmanship of Audi designers who have fitted the cabin with luxurious amenities and advanced technologies to elevate the driving experience. The use of high-quality materials for seats, door panels, dashboard panel and other interior materials takes the in-cabin experience to a new level. The interior upholstery can be selected in three different colors that are black, beige and nougat brown. There is also a power moon-roof that makes for wonderful viewing into the sky from the inside of the A6. The Audi A6 features a spacious cabin that can easily accommodate 5 passengers and also offers sufficient cargo space to take all your essential gear with you on the fun-filled journeys with family and friends. The Audi A6 promises an entertaining ride, thanks to its entertainment features which include a 10-speaker stereo audio system and a multi-information display. The premium sedan puts the comfort and convenience of the passengers before anything else with features like3-zone automatic climatecontrol, eight-way power adjustable ventilated front seats and heated rear seats. The auto tilt-away steering wheel, steering-mounted entertainment controls, auto-dimming rearview mirror and a reversing camera with parking sensors make Audi A6 a truly driver-centric vehicle.
Engine The Audi A6 is equipped with a powerful e n gi n e t ha t d e l i v er s ef fi ci e n t performance and adds to the ride-quality
of the vehicle. The stylish sedan is powered by a 1.8-litre turbocharged 4cylinder engine that is capable of producing 190bhp and is paired with a 6-speed manual transmission. The Audi A6 is an absolute fast car that can accelerate from 0-100 km/h in just 7.9 seconds making it one of the fastest accelerating vehicles available in the Pakistan car market. The modern-day powertrain technologies have improved the fuel efficiency of the vehicle and it can achieve a fuel average of 618Km/L.
Driver-Assistance Systems and Safety Features The 2018 Audi A6 comes with a plenty of driver-assistance system and safety technologies, making it safer from all its previous models. The driverassistance systems help a driver in difficult driving conditions while the safety technologies make every ride safe and secure for the passengers. Listed below are the state-of-the-art driver-assistance systems and safety features of Audi A6:
• Adaptive Cruise Control • Traction Control • Night Vision • Heads up Display • Airbags for Driver, Front Passengers and Rear Impact Side Airbags • Stability Control • 360 Degree View Camera System
Price and Availability Audi A6 2018 is a premium luxury sedan that is now available in Pakistan. Offering all the exceptional luxury features and advanced technologies, the 2018 Audi A6 can be purchased at a price of PKR 8,900,000 in Pakistan.
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Monthly AutoMark International
Unique preparing to launch batteries in the market soon Rickshaw and generators are an example of their ownand no other company within the country can beat them, this can also be proven by the judgement from sales charts, Unique bike, generator and Rickshaw sales are increasing day by day.
After the successful release of unique generator, Rickshaw and motorcycles unique has decided to launch batteries by February they will be available in the shops. This was told by the director of unique batteries while in a conversation. Unique's director Mr. Ahad Ghangra said that the company is not dependant upon any introduction, their bikes,
Hopefully unique batteries will also serve the quality they promise. The director also said unique will stay up on their policies and maintain the best quality to be provided. The batteries will provide long lasting power so it can help people in the load shedding hours, and the success of these batteries will help make people’s trust upon us even stronger.
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Monthly AutoMark International
Automotive News - Update
Toyota cancels over thousand orders to crush ‘own’ business Toyota Indus-Motors has refunded a staggering amount of Rs. 60 crores (Rs. 600 million) against 1300 car bookings after finding that several orders were from investors who ordered vehicles for resale to pocket profits. The company examined the pending Provisional Booking Orders (PBO) and verified the information, customer’s identification, and other details following which it found the disparity in the orders of many buyers who had intended to sale the Toyota vehicle on ‘OWN’ (a business practice in which products are ordered and are then resold to original customers on profit). Upon the audit, the company found 1,288 pending and paid listings which they accessed to be booked by investors and car dealers. The orders were expected to be delivered before May this year, however, they
stand cancelled after the decision. “Out of 1,288 bookings, we cancelled advance bookings of 1,118 customers while 170 emerged as genuine buyers,” stated the company in a press release. IMC Toyota has also distanced itself from some of its 3S dealers, which were involved in malicious practices. “We continuously strive to facilitate our customers and believe that this step will help us to improve the availability of your desired Toyota vehicle and shorten the delivery period for genuine customers.” the communique added. Furthermore, it is pertinent to mention here that IMC Toyota receives more than 5000 car orders per month, many of which are ordered by big businesses which lure customers by offering them fast delivery time, not provided by the company itself.
Toyota suspends dealers’ registration to crush ‘OWN’ business Toyota Indus Motors Company (IMC) has suspended the registration of two dealers and slapped one of the dealers with Rs2 million fine upon involving in ‘OWN money’ business. According to sources, Toyota IMC has suspended the registration of Toyota HN Motors and Toyota Sargodha Motors and has fined Toyota Garden Motors with PKR 2 million. Toyota Sargodha Motors avoided commenting on the issue, while Toyota
HN motors, however, confirmed their suspension and are no longer registered as an authorized IMC dealer. Meanwhile, Toyota Garden Motors denied reports regarding a fine of Rs 2 million. IMC is expected to make an official response so details are still uncertain. Previously, IMC canceled around 1,300 bookings after finding them to be made by ‘potential investors’ and even refunded the money paid for the orders.
Indus, Suzuki and Honda raises car prices Barely a month after the rupee lost value against the US dollar, and subsequently other currencies, Honda Atlas Cars has raised prices of its cars by up to Rs60,000. The company increased the price of its Honda City 1.3L variant by Rs50,000, City 1.5L became expensive by Rs60,000, while Civic’s retail tag also got heavier by Rs50,000. Honda’s move comes after Indus Motor raised prices of its vehicles in December, while Pak Suzuki took the step on the first day of 2018.
The increase means City 1.3L (manual transmission or MT) would be priced at Rs1.599 million, while its automatic transmission variant carries a tag of Rs1.739 million. The new price of City 1.5L (MT) would be Rs1.659 million, and City 1.5L’s rate (AT) jumps to Rs1.799 million. The new price of 1.5L Aspire (MT) increases to Rs1.789 million and the price of 1.5L Aspire (AT) is now Rs1.929 million. Honda Civic’s VTI CVT price increases to Rs2.399 million, the Civic VT SR CVT is now worth Rs2.549 million.
Car sales rev up 20% to 19,237 units in Dec Sales of locally assembled automobiles, including jeeps and light commercial vehicles, jumped to 19,237 units in December 2017, up 20% compared with 16,042 units in the same month of the previous year, showed data released by the Pakistan Automotive Manufacturers Association (PAMA) on last month. Cumulatively, industry sales during the first six months (July to December) of fiscal year 2018 exhibited 27% growth to 124,138 units compared with 97,533 units in the same period of last year. The change in import procedure in October 2017 has led to a decline in used car imports while rising demand from online ride-hailing services has also contributed to a strong demand in December 2017, according to a Topline Securities report issued. Pak Suzuki continues to be the major beneficiary as majority of used car imports fall under the smaller-engine segment. The company exhibited robust growth where sales rocketed 29% year-on-year as price conscious models Mehran (up 22% year-on-year), WagonR (up 100% year-on-year), and Cultus (up 15%) all exhibited sales growth. In the first half (Jul-Dec) of fiscal year 2017-18, sales were up 32% year-onyear for Pak Suzuki to 69,224 units. Honda Atlas Cars sales stood at 3,213 units in December 2017, staying up 33% year-on-year or down 28% month-onmonth due to strong order book. In first half (Jul-Dec) of fiscal year 201718, sales grew 50% year on year to 24,780 units due to success of new models of Honda Civic and Honda BRV recently revamped Honda City. Indus Motor, the makers of Toyota Corolla in Pakistan, lagged behind peers with a decline of 3% year-on-year and 14% month-on-month as it continues to face capacity constraints, though in first half (Jul-Dec) of fiscal year 2017-18, sales are up 6% year-on-year, the report said.
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Monthly AutoMark International
By Ali Ather
Japanese motor companies recalled their vehicles for Air bag replacement
Recently Indus Motor Company (IMS) the distributor and assembler of Toyota makes and models as well as Honda Atlas has recalled their vehicles for what they advertise as “A free air bag upgrade”
but it’s a lot more than that. This airbag replacement has not only taken place in Pakistan but all over the world for vehicles equipped with air bags provided by Takata. A total of 19 companies recalled their vehicles internationally. Takata airbags had already claimed 18 lives due to faulty airbags despite this the companies kept using them instead of airbags provided by other companies. The issue really came into light after the
Sindh moves on SEZ status The Sindh government has approved Special Economic Zone (SEZ) status for nine new business enterprises which will be set up in Sindh`s three SEZs at Korangi, Bin Qasim and Khairpur, after their applications had languished on the Chief Minister`s for six months. The total new investment in these businesses is expected to be more than Rs30 billion, said Sindh Board of Investment (SBI) Chairperson Ms. Naheed Memon, who is also the vice chair of the Special Economic Zone Authority in Sindh. Now these units will have to get further approvals from the Board of Investment and Federal Board of Revenue to get tax exemptions and other incentives that come with the SEZ status. Ms Memon hoped these approvals will be done in a couple of months. These reforms include de-notification of environmental approval for lowimpact projects, simplification of procedures and reduction in timeline for water connection at Karachi Water and Sewerage Board. Ms. Memon pointed towards reforms already implemented such as Land Administr ation and Reve nue Management Information System at Board of Revenue. The automation of property registration has begun as all current registrations are scanned, indexed and made available
online for title search through digital scanning unit. The time for execution and registration of deed is now less than 100 days compared to over 200 days previously, she said. New industries with SEZ status Some of the new industries approved are: Sun Tang Technologies Limited, a Chinese enterprise being setup within Khairpur Special Economic Zone for Steel Wires and Structures with a total investment size of $3.3 billion. Tecno Auto Glass is a joint venture between a Japanese car assembler and an independent auto parts manufacturer in Pakistan. Tecno Pack and Pak Suzuki Motor Company will be shareholders in the company according to a 60-40 ownership structure. The company will manufacture automobile windscreen, rear glass, and side glass for Suzuki automobiles being produced in the country. The company is investing Rs2.5bn. Kia Lucky Motors Pakistan Ltd has signed a general agreement with KIA Motors Corporation as their foreign technical collaborator for establishing a two phased project, comprising of an auto assembly plant with a capacity of 30,000 units per year initially and then eventually expanding the capacity to 50,000 units per year. The total project investment is Rs15bn.
incident in USA when a California citizen was badly injured in a Honda Accord when the air bag burst out spitting hot metal and plastic pieces. Takata airbags over the years have been very faulty. Honda was facing an issue with the airbag inflators not pumping the airbags on collision hence airbags not being deployed and also the problem with airbags bursting metal and plastic pieces over low speed accidents. Ironically even though the problem has been faced over and over again from 2014, the companies only recalled their vehicles when threatened to get sued for using faulty airbags. Honda in Pakistan advertised for the replacement recall as a free upgrade of airbags from the company, which did not actually tell the real reason for it. Now this if thought about properly can also discourage people to not get the SRS airbags which they have in the car already replaced since it’s just offered as an upgrade some might not feel it important enough to invest the time in. Where as they don’t know the airbags present are not working properly and might injure them at any given moment of time. Toyota Indus Motor was first in Pakistan to recall the vehicles for airbag issues. According to sources these faulty airbags can deploy in high humidity and high temperature areas both of which are present in Pakistan. Excluding United States of America over 88 million vehicles have been estimated to be fitted with these faulty airbags. Takata had to face a recall of over 22 million vehicles which took place in 2015 when the faulty airbags came from a Takata factory in Mexico. They have over a 20% market share in airbags globally however companies which use Takata airbags should really take action now since a chain of events have been repeated for years now. Nothing’s more important than the safety of people in the vehicle.
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Monthly AutoMark International
Crown Group of Companies, FIT Motorcycles parts event in Karachi
Muhammad Asif Memon CEO Power Bridge Batteries, Visited at Government Naval Ravi boys high school organized a free hypatitis camp
Pak Suzuki Motors (Pvt) Limited Dealers' Convention held on 23rd January-2018 in Dubai (UAE) www.automark.pk | February-2018 | Page 48
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CONNECTED BY THE BELT AND ROAD FOTON MOTOR CUSTOMER DAY KARACHI - LAHORE - ISLAMABAD
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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 NEW CULTUS VXR NEW CULTUS VXL NEW CULTUS AGS BOLAN VX EURO II BOLAN CARGO RAVI PICK-UP STD 800cc E2
SUZUKI MEGA CARRY SUZUKI CIAZ (A/M) 1400cc SUZUKI CIAZ (M/T) 1400cc JIMMY 1328cc JLSX MT APV 1.5L GLX MT (Petrol)
Advance Tax
Rs. 1029,000 Rs. 1069,000 Rs. 650,000 Rs. 720,000 Rs. 773,000 Rs. 1,327,000 Rs. 1,463,000 Rs. 1,250,000 Rs. 1,391,000 Rs. 1,528,000 Rs. 725,000 Rs. 696,000 Rs. 667,000 Rs. 1,499,000 Rs. 1,839,000 Rs. 1,699,000 Rs. 2,142,000 Rs. 2,418,000
Rs. Rs. Rs. Rs. Rs. Rs. Rs.
25,000 25,000 10,000 10,000 10,000 50,000 50,000
Rs. 10,000 Rs. 10,000 Rs. 10,000
TOYOTA COROLLA Model XLI VVT-i 1.3L M/T Rs. GLI VVT-i 1.3L M/T Rs. GLI VVT-i 1.3 A/T Rs. ALTIS 1.6L Dual VVT-i A/T Rs. ALTIS 1.8L Dual VVT-i A/T Rs. Corolla Altis A/T SR 1.8L (Grande CVT) Rs. Corolla Altis A/T SR 1.8L (Grande CVT) Rs. FORTUNER A/T New
HONDA Model Honda Honda Honda Honda Honda Honda Honda Honda Honda Honda
Price
BR-V i-VTEC 1500cc BR-V i-VTEC S 1500cc Model Civic iTEC 1.8L Civic Oriel 1.8L City 1.3L Manual City 1.3L Automatic HYUNDAI City 1.5L Manual City 1.5L Automatic Aspire Manual 1.5L Aspire Prosmatec 1.5L
Rs. 2,243,000 Rs. 2,343,000 Price Rs. 24,13,000 Rs. 25,63,000 Rs. 1,613,000 Rs. 1,753,000 Rs. 1,789,000 Rs. 1,799,000 Rs. 1,803,000 Rs. 1,943,000
Toyota Hilux Pickup 4x2 sc Model
Price
Brand New Toyota Hilux Pickup, 4x2, 2500cc Single Cabin, White only, Hilux STD
Rs. 2,474,500
Toyota Hilux Pickup 4x4 E Model
DFSK PRINCE PAKISTAN Model
Price
K01 997CC, 2300mm, A/C PS K01 997CC, 2700mm K07 997CC, 6 Seater, AC/PS C37 1500CC, 11 Seater, AC/PS
Rs. 799,000 Rs. 799,000 Rs. 9,99,000 Rs.1,550,000
Price 1,824,000 1,954,000 2,029,000 2,204,000 2,269,000 2,594,000 2,594,000
Price
Toyota HILUX 2494cc, Diesel Turbo Charger Common Rail Engine, 4x4 Double Cabin - Standard Model
TOYOTA VIGO DAIHATSU Model Model
Price Price
Rs. 3,805,000
FAW MOTORS Price
Model
Vigo Champ-V MT Rs. 3,598,500 FAW Carrier 1000cc (WHITE ,BLACK,STRONG BLUE & SILVER) FAW Carrier 1000cc (Flat Bed) Vigo Champ-G AT Rs. 3,798,500 FAW X-PV 1000cc Std (WHITE ,BLACK,STRONG BLUE & SILVER) FAW X-PV 1000cc A/c FAW V2 1300cc Monthly AutoMark Magazine - International Local Assembled
Rs. 799,000 Rs. Rs. Rs. Rs.
789,000 899,000 949,000 1119,000
Price updated Feb- 2018
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Automotive News - Update
$1b investment by new auto firms challenged in court
According to officials, one plant needs an investment of at least $500 million and the suspension of work by two new players means $1 billion of investment is at stake in the wake of the court cases A planned investment of $1 billion by two new auto industry players is in jeopardy as their Greenfield status have been challenged in the Sindh High Court. Two existing auto companies – Tayba Motors and Master Motors – have filed case s agai nst t he Engi neeri ng D evelo pment Board (EDB) f or processing applications of two new players interested in setting up manufacturing plants in Pakistan under the new auto policy. The government has awarded Greenfield investment status to Regal Motors for establishing its plant in Pakistan whereas the case of Foton JW Auto Park is being processed. Tayba Motors has challenged the Greenfield status of Regal Motors in the court, claiming it was already manufacturing variants of trucks and mini-passenger buses in Pakistan.
It pointed out that Regal Motors’ manufacturing certificate had expired in 2016, but the EDB did not renew it. It pleaded the court to direct the EDB to renew the certificate. Master Motors, on the other hand, has challenged the process initiated by the EDB to grant Greenfield status to Foton JW Auto Park under the new policy, which provides attractive tax and duty concessions for new industry players. It argued that Foton JW was already manufacturing trucks and it could not be treated for Greenfield investment under the new policy. It further said there was no joint venture with the Chinese company according to records of the Securities and Exchange C o mmi s si o n of P aki s t an . T he government has granted Greenfield status to Regal Automobile Industries Limited, United Motors Private Limited, Kia-Lucky Motors Pakistan Limited,
Nishat Group, and Khalid Mushtaq Motors which is collaborating with Hyundai. Sources said work on projects being developed by Regal Automobile and Foton JW had come to a halt following the court cases. However, work on the remaining three new entrants is progressing. Other new players who have applied for setting up plants in Pakistan include Habib Rafiq Private Limited, Pak-China Motors and Cavalier Automotive Corporation. Their documents are currently going through the verification process. According to officials, one plant needs an investment of at least $500 million and the suspension of work by two new players means $1 billion of investment is at stake in the wake of the court cases.
Pak-Thailand to present complete offer list of FTA Pakistan and Thailand would present their complete final list of Free Trade Agreement (FTA) on December 30 for increasing trade liberalisation between both countries. A Free Trade Agreement (FTA) between Pakistan and Thailand will be signed by mid-February 2018 to reach the final agreement, a top official of Ministry of Commerce told APP. The 10th round of the FTA negotiation will start between Pakistan and Thailand by last week of January 2018 he said. Both sides had exchanged the final offer lists of items for free trade, including automobile and textile sectors in order to remove the reservations of both sectors, Pakistan wants concession on
100 products on textiles, agro-products, plastic and pharmaceuticals as same Thailand granted to other FTA partners in these products, he said. He said that Pakistan had relative advantages over Thailand in some 684 commodities including cotton yarn and woven textiles, readymade garments, leather products, surgical instruments and sports goods. Talking on the 2nd phase of Pak-China FTA, he said China had agreed to provide market access to 70 items, shared by Pakistan besides providing concession on all items included in the offer list. He added that coming round of negotiation with China under 2nd phase
of FTA would be held in the first week of January 2018 in Islamabad. This acceptance came during the negotiations held under 2nd phase of Pak-China Free Trade Agreement (FTA) in China. “We want the concession on 70 export items and low tariff line on products for further trade liberalisation in the 2nd phase of FTA between Pakistan and China,” he said. He said that Pakistan was desirous to have duty relaxation on 70 products before launching the phase-II as same China has given to Association of South East Asian Nation (ASEAN) countries.
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SUPERPOWER SPARE PARTS COMPANY SAZ Enterprises Sindh Dealers Award ceremony in Karachi
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Rs. 41,800/= Rs. 43,800/= Sr./ Product & Model Name No. 1. Honda CD-70 2. Honda CD Dream 3. United US 70 4. United Extreme 70 5. Road Prince Bullet 6. Road Prince 70cc 7. Unique UD-70 8. Super Power SP-70 9. Super Power Deluxe 10. Super Star SS-70 11. Hi-Speed SR-70 12. Ravi Premium R1
Retail Price Rs. 63,500/= Rs. 67,500/= Rs. 43,500/= Rs 44,500/= Rs. 45,500/= Rs. 41,000/= Rs. 45,000/= Rs. 44,700/= Rs. 55,000/= Rs. 44,000/= Rs. 44,000/= Rs. 46,950/=
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. 18. 19. 20. 21. 22. 23.
Honda CG-125 STD Honda CG-125 DX Honda CD-125 Dream Honda CB-150F United US-125 Euro 2 Road Prince 125cc RP Twister 125cc RP WEGO 150cc Super Power SP 125cc Super Power Archi 150cc Unique UD 125cc Unique UD 150cc Crazer Super Star SS-125 Super Star SS-125 DLX Hi-Speed SR-125cc Hi-Speed Infinity SR-150 Metro MR-125 Regular Ravi Piaggio Storm 125 Yamaha YBR-125Z Yamaha YBR-125G Yamaha YBR-125 Crown CR-125 Zxmco ZX-125-Euro II
Rs. 105,500/= Rs. 125,000/= Rs. 106,500/= Rs. 159,000/= Rs. 70,000/= Rs. 67,000/= Rs. 108,000/= Rs. 180,000/= Rs. 69,000/= Rs. 140,000/= Rs. 70,000/= Rs. 165,000/= Rs. 68,800/= Rs. 67,000/= Rs. 72,000/= Rs. 175,000/= Rs. 67,000/= Rs. 108,000/= Rs. 115,900/= Rs. 133,900/= Rs. 129,900/= Rs. 65,000/= Rs. 71,600/=
Sr./ No. 13. 14. 15. 16. 17. 18. 19. 20.
Product & Model Name Ravi Hamsafar-70 Bionic AS-70 Crown CR-70 Metro Premier+ 70cc Ms Jaguar MS 70 Euro- II Ms Jaguar MS 70
( DREAM)
Zxmco ZX-70 Regular Leader LD-70
Retail Price Rs. 43,500/= Rs. 45,500/= Rs. 42,000/= Rs. 45,600/= Rs. 41,800/= Rs. 43,800/= Rs. 42,300/= Rs. 44,000/=
100cc/110cc Motorcycle No. 1. 2. 3. 4. 5. 6. 7. 8. 9. 10. 11. 12.
Brand &Model Name Honda Pridor United US-100 Euro 2 Road Prince 110cc Unique UD-100 Super Power SP-100 Hi-Speed Classic SR-100 Hi-Speed Alpha SR 100 Super Star SS-100 Crown CR-100 MS JAGUAR MS 100 Zxmco ZX-100-SS Leader Classic LD-100
Retail Price Rs. 86,000/= Rs. 50,000/= Rs. 48,500/= Rs. 80,000/= Rs. 60,000/= Rs. 47,500/= Rs. 77,000/= Rs. 57,000/= Rs. 52,000/= Rs. 48,800/= Rs. 51,600/= Rs. 52,900/=
Suzuki Motorcycle Sr./ Product & Retail Price Model Name No. 1. SD110 Sprinter ECO Rs. 103,400/= 2. GS-150 SE Euro-II Rs. 158,500/= 3. GD 110s Euro-II Rs. 131,000/= 4. GS-150 Rs. 138,500/= 5. GR-150 Rs. 219,000/= Heavy Bikes Sr./ Product & Retail Price No. Model Name 1. Inazuma GW 250 Rs. 599,000/= 2. Intruder M800 Rs. 1,700,000/= 3. Hayasuba GSX1300R Rs. 2,600,000/= 4. Zxmco ZX-200cc Rs. 2,45,000/= 5. Bandit GSF650SA Rs. 15,50,000/= 6. Super Power SP 200cc Rs. 2,00,000/= 7. Suzuki GSXR-600cc Rs. 1,950,000/=
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Monthly AutoMark
Auto giant Honda recalls over 20,000 units of City, Accord and Jazz models over faulty airbags Yamaha Japan admits publishing wrong fuel economy data
Yamaha Motor has admitted that fuel economy claims for some of its motorbikes were higher than the real figures. Officials say the incorrect data for 9 domestic models appeared on the firm's website and in its catalogue. The company says staff in charge of editing the publications mistakenly used figures obtained in tests during the development stage. Officials say the firm published the figures voluntarily, and that they are not among the data that manufacturers are required to report to the government. Automakers adjust such data for consumer use by factoring in actions such as starting, stopping and accelerating. The company says it will strengthen checks to ensure the mistake doesn't happen again...
Auto giant Honda has recalled 22,834 units of City, Accord and Jazz models across India due to faulty airbags. The recal l comes und er i t s g lob al precautionary exercise to replace faulty Takata front airbags in the models. The recalled vehicles include 510 units of its premium sedan Accord, 22,084 units of City, and 240 units of Jazz. The recall takes the total number of vehicles reaclled by Honda in India to 3.13 lakh units. The 2013 models of these cars have been recalled in this phase, across the country by Honda Cars India Limited (HCIL), a wholly owned arm of Honda. “HCIL will voluntarily replace Takata passenger front airbag inflators of 22,834 vehicles of 2013 model of Accord, City and Jazz as part of Honda’s precautionary global recall campaign concerning Takata front airbag inflators,” HCIL said in a statement. “The replacement will be carried out
free of cost at HCIL dealerships across India in a phased manner starting immediately,” the company further added. Honda will identify and contact users of affected vehicles. Car owner would be able to check whether they are eligible for the free airbag replacement by entering their Vehicle Identification Number (VIN) or chassis number in the co mpan y ’s s p eci al mi cro si t e. The company, last year, recalled 41,580 units of previous generation of Accord, Civic, City and Jazz models in India as part of a global exercise to rectify faulty airbags. In July 2016, it recalled 1,90,578 units of the previous generation of Accord, CR-V, Civic, City and Jazz models in order to rectify faulty airbags made by Takata in July 2016. Millions of vehicles have been recalled globally over defective safety airbags manufactured by Japan’s Takata Co.
EV tech venture to get boost from Suzuki, Subaru, Daihatsu and Hino Four automakers plan to join the electric vehicle technology development project formed by Toyota Motor Corp., Mazda Motor Corp. and Denso Corp. They are Suzuki Motor Corp., Subaru Corp., Daihatsu Motor Co. and Hino Motors Ltd. The consortium brings together a broad spectrum of know-how that will speed up development at a time when Japanese companies are lagging their
U.S. and European rivals in the commercialization of EVs. The four automakers have concluded contracts to join the project promoted by EV C.A. Spirit Co., which was set up in September by Toyota, Mazda and Denso. They will provide about five engineers each to the Nagoya-based venture and bear some of the research costs but will not take equity stakes in it.
Toyota planning 10 purely electric vehicles by 2020s Toyota plans to offer more than 10 purely electric vehicle models in its lineup by the early 2020s, marking the Japanese automaker's commitment to that growing technology sector. Toyota Motor Corp. now offers no purely electric vehicles, although it leads in hybrid models, which switch between an electric motor and a gas engine. Executive Vice President Shigeki Terashi said that Toyota's EVs will be first offered in China, a nation that's encouraging electric vehicles with subsidies and other policies, and is expected to drive massive growth in that technology. Terashi says Toyota's EVs will also later be offered in Japan, India, the U.S. and Europe. The company says that by about 2025,
every model it sells will have some kind of "electrified" version, such as hybrid, electric or fuel-cell. Last week, Toyota announced it will set up a joint auto battery business with Japanese electronics maker Panasonic Corp. Terashi stressed the deal with Panasonic is "a crucial piece" in Toyota's strategy, and that it wanted to promote a Japanese partnership. Advances in battery technology are vital for the success of EVs. A major shift toward their use would require more use and recycling of the rare and expensive materials used in batteries, such as lithium. Toyota announced other goals on green vehicles. By about 2030, it hopes to sell 5.5 million electrified vehicles a year. Toyota sells about 10 million vehicles
globally a year. The company said it will invest 1.5 trillion yen ($13 billion) to realize its 2030 goal, more than half of it on making batteries. Other automakers, including Nissan Motor Co., Volkswagen AG and Honda Motor Co., offer or are working on el ec tr i c v ehi cl es . T hat mea ns competition among battery makers is heating up. It is unclear whether Panasonic will emerge the victor in the race. Toyota has generally sought to develop key technologies in-house, rather than purchasing them from outsiders. That includes knowhow for computer chips and robotics, which are also expected to be pillars of growth for the auto sector in coming years.
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