Automark Magazine June 2018

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Contents

June-2018

News / Event

Article / Review 20 22 24 25 27 30 30

New Government should do more to promote electric vehicles Exclusive Article by Owais Khan PAMA, PAAPAM on rescue mission for EDB Report by Automark

26 28

Suzuki launches online car financing portal in Pakistan

31

Stopping non filers from purchasing vehicles may cast gloom on new entrants' investment Non filers’ ordeal Article by Automark

44

JW Forland begins assembly of Forland trucks in Pakistan

by Hanif Memon

47

Khalid Mushtaq to setup auto assembly plant in Karachi

by Hanif Memon

48

INTERVIEW Dewan Motors to Focus on Quality and Launch Multiple SUVs in Pakistan: CEO

Inside

49

NLC takes over Thatta Special Economic Zone of CPEC Pakistan is eventually set to embrace MOU was signed

National Institute of Transpiration hold CPEC conference in Islamabad

Nlc & Daimler AG Sign Mou for local Production of Mercedes-benz Trucks

By NLC In Pakistan

Foton Motor and Piaggio Group signed an agreement for the development of light commercial vehicles in Italy

Panther Tyres Limited has been Awarded with FPCCI Brand of the Year Award 2017 Two new variants of Shell Helix premium lubricants range launched; Helix Ultra 5W-20 and Helix 0W-20 Media Coverage by Automark Inauguration Ceremony of BYCO OGRA compliant ADR fleet, Isuzu Trucks by Ghandhara Industries Ltd Media Coverage by Automark

News Updates 35 36

PAMA urges Ministry of Finance to remove restriction for non-filers

ASPD arranges balloting ceremony for providing subsidised tractors

53 54 59

International Automotive News Motorcycles Price LIst Vehicles / Car Price List

Please keep visit our website for daily updated articles, news and videos

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June-2018 Pakistan’s premier magazine on automotive, engineering & energy sector Volume 11, Issue 06

Monthly

AUTOMARK Magazine International Editor-in-Chief Muhammed Hanif Memon

Roughly 50% of auto sector purchasers are non-filers

Technical Editor

Advisors

Muhammad Shahzad

Imtiaz Rastgar CEO, Rastgar Group & CBI External Expert, Ex-chairman EDB Islamabad

The Finance Bill 2018 bars non-filers from purchasing and registering new vehicles, a move meant to encourage filing of tax returns, wealth declaration and increase revenue.

Anwar Iqbal Chief Executive Officer Silver Seal International Karachi

Automakers have already announced that they have stopped taking orders from non-filers this week. Additionally, non-filers would also be unable to have their new vehicles registered from July 1, the day the finance bill comes into force.

Advertising Manager Tahir Siddiqui

Circulation Manager Hasaan Mustafa

Graphic Designer Mustafa Hanif Salman Hanif

Web Master Murtaza Hanif

Contributors in THIS EDITION M. Owais Khan Anwar Iqbal M. Zahid Malik M. Hanif Memon Ali Hassan

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

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

New entrants from Korea, China, France and Japan must have prepared feasibility report before entering the Pakistani market to grab a slice and then aim to improve their market share. Bracing up for a big competition existing players have planned new models besides recently enhancing production capacity of their existing units to compete with new players.

The move has been widely discussed with supporters saying the development was much needed as Pakistan struggles to increase the number of return filers. Critics, however, say nonfilers will find a way out of the conundrum.

Pakistan Automotive Manufacturers Association (PAMA) Director General Abdul Waheed Khan said the market is divided equally among filers and non-filer, implying that sales could take a massive hit.

However, an industry official said the market would recover in two to three months, because a person, even if they are a non-filer, buys a car out of necessity.

The credentials of a filer will now be used to purchase vehicles, which would increase the premium or ‘own-money’ amount.

However, industry was planning on following a certain SOP, and sell one car against one CNIC in order to contain the ‘own-money; issue.

The auto sales due to auto-financing would also drop gradually in the next one year as many economists are of the view that interest rates would increase by 100 basis points in the next four quarters. Before the end of May, the market is expecting an increase of 25 basis points.

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Exclusive Article by Awais Khan

New Government should do more to promote electric vehicles Before electric, hybrid and concept vehicles the governments all over the world has closed down the trade of two strokes vehicles especially two wheelers Just few months ahead of completing five year term, the government, though very late, has finally realized the importance of worldwide changing scenario in the auto sector which is shifting from petrol and diesel to electric vehicles.

To promote usage of electric vehicles, which are environment friendly, an enabling fiscal environment for its related infrastructure is necessitated. It was proposed in Budget 2018-2019 that 16 per cent customs duty on charging stations for electric vehicles may be withdrawn. Further, custom duty on import of electric cars has been reduced from 50 per cent to 25 per cent in addition to exemption from regulatory duty of 15 per cent. Import of CKD kits for assembly of domestically produced electric cars is proposed at 10 per cent.

Auto sector people who have a vision to see electric vehicles on Pakistani roads in coming years have welcomed the budgetary measure especially for promoting electric cars.

The 2016-2021 Auto Development Policy (ADP) had already set the course for new entrants in green field and brown field status but only one assembler had cautiously unveiled its plan to introduce electric vehicles depending on the response from customers, government’s support and available infrastructure.

The decision to provide relief for the import and local assembly of electric vehicles will definitely benefit the

consumers in the long run, says Chairman Association of Pakistan Motorcycle Assemblers (APMA), Mohammad Sabir Shaikh hoping that the new government, which will come into power after the election, will further focus on electric vehicles especially cars and bikes.

He said many countries are seriously thinking of putting a ban on older diesel cars and trucks and in the last week of May, Hamburg became the first German city to introduce a ban on older diesel cars, as a crackdown on vehicles blamed for harmful emissions in urban areas gathers pace.

The decision comes after Germany’s top administrative court ruled in February that cities could ban diesel motors to improve air quality.

Justifying the crackdown on diesel cars,

Hamburg’s senate explicitly made a link to the diesel gate scandal which came to light in 2015 when Volkswagen was found to be using “defeat devices”, a cheat software that made the vehicles pollute the air less heavily only under test conditions.

However, Sabir said Pakistan and the Japanese auto assemblers are still too far to practically realize the future trend in four wheelers and the planners are still taking too much time on banning older diesel cars and trucks as a lot of homework is needed to be done before taking the stakeholders into confidence.

Pakistani transport and trade goods movement survive on diesel run trucks, trawlers and light commercial vehicles.

Before electric, hybrid and concept vehicles the governments all over the

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Monthly AutoMark International world has closed down the trade of two strokes vehicles especially two wheelers.

Though late, Pakistan had successfully followed the suit In Pakistan, vehicle population has been rising alarmingly and there is a need to close down the production of 50cc to 100cc bikes as this will at least lower the traffic load and rush on the roads, he said.

The price of 70-100cc is very low and as a result many people own at least two bikes simultaneously. No law exists which can remove bad condition and decades old used bikes of 70-100cc bikes from the roads. Technically the life of these bikes being assembled in Pakistan is not more than five to six years.

Sabir said when the industry will move towards electric vehicles – people will witness a big change on the roads and it will also clear old vehicles rapidly.

Same situation may also apply on electric bikes in which China has already taken the lead.

The government, he said, has taken a bold step by maintaining its decision of disbanding Engineering Development Board (EDB) which was infamous of supporting a cartel of Japanese bike and car assemblers.

Sabir said the government should also take another step by setting up a co mmi tt ee for el ectri c v ehicle manufacturers under the Federal Ministry of Industries and Production in which people belonging to Federal Board of Revenue, PSQCA and private sector stakeholders involved in assembly of electric vehicles would be given memberships.

In the next two to three years – electric cars and electric bikes will take the markets by storm as per foreign media reports.

China is getting involved in electric bikes and cars and investing heavily to give a tough competition to European, A meri can and Jap anese riv als.

Sabir Sheikh said surprisingly the existing assemblers have not shown any

sign of introducing imported electric vehicles or any plan to assemble these electric vehicles as they believe that cars running on petrol and diesel will exist for at least next 10 years in Pakistan.

This is also evident from the investment plans of new entrants in which majority of them have planned to roll out diesel and petrol driven vehicles instead of electric vehicles.

APMA chief said the new government, which will come into power, should take notice of the future development in auto sector and announce new policy measures which would attract new players to introduce electric cars and bikes in Pakistan.

He said if the existing assemblers are not ready to come up with any plan for e lect r ic v ehi cle asse mbl y, t he government should encourage new investors by providing industrial lands at concessional rates with installment facilities.

China will lead the transition from internal combustion engines to electric cars, with EV sales accounting for almost 50 per cent of the global market from now to 2,025 and 39 per cent in 2030, Sabir said quoting international media reports.

China is also leading the charge on ebuses, with several major Chinese cities on track to fully electrify their e-bus fleets by 2,020 and some even sooner.

China’s push is as much about industrial policy as it is about environmental or energy security concerns. China is building national champions and an emobility ecosystem for what it sees as a major strategic industry over the coming decades.

National, regional and municipal policies in China are all pushing the EV market forward. National subsidies are being phased out by 2,020, but beginning in 2019 automakers will be forced into EVs through the ‘New Energy Vehicle’ credit system. Similar to a program in California, the system effectively acts as an EV quota, requiring automakers to generate credits through the sale of EVs. Automakers who do not

sell enough EVs are forced to buy credits from competitors.

This is the single most important piece of EV policy globally and is shaping automakers' electrification plans.

Industry pundits expect China to increase the quota in order to hit its 2025 target of EVs representing 20 per cent of vehicle sales in the country.

EVs reach almost 10 per cent of total Chinese passenger vehicle sales in 2,022, 19 per cent in 2025, then 41 per cent by 2030 and 60 per cent by 2040.

As per foreign media reports, the market is expected to slow down in the 2030s due to infrastructure constraints, particularly in high density cities where opportunities to charge at home are limited. By 2,040, we expect China to have 200 million EVs on the road.

Sales of electric vehicles (EVs) increasing from a record 1.1 million worldwide in 2017, to 11 million in 2,025 and then surging to 30 million in 2,030 as they become cheaper to make than internal combust ion engine (ICE) cars.

China will lead this transition, with sales there accounting for almost 50 per cent of the global EV market in 2025 and 39 per cent in 2030. China also leads on p ercentage adoption, with EVs accounting for 19 per cent of all passenger vehicle sales in China in 2025.

Europe is next at 14 per cent, followed by the U.S. at 11 per cent.

The number of ICE vehicles sold per year (gasoline or diesel) is expected to start declining in the mid 2020s, as EVs bite hard into their market.

By 2040, 55 per cent of all new car sales and 33 per cent of the global fleet will be electric.

China is and will continue to be the largest EV market in the world through 2,040.

The upfront cost of EVs will become competitive on an unsubsidized basis starting in 2,024. By 2,029, most segments reach parity as battery prices continue to fall.

Buses will go electric faster than light duty vehicles.

Chairman Association of Pakistan Motorcycle Assemblers (APMA), Mohammad Sabir Shaikh hoping that the new government, which will come into power after the election, will further focus on electric vehicles especially cars and bikes M. Sabir Shaikh

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Exclusive Report by Automark

PAMA, PAAPAM on rescue mission for EDB EDB became victim on refusing to grant permission to an influential businessman for import certain engineering equipment/machinery on concessionary duties.

Perhaps the Engineering Development Board (EDB) is the only state run organization on which the private sector has shown complete confidence.

Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) and Pakistan Automotive Manufacturers Association (PAMA) have proved their long affection in making every possible effort to revert government’s decision of closing down the EDB. Nobody knows why PAAPAM and PAMA are highly worried over EDB’s dissolution. Why they are afraid that the EDB work would be handed over to Federal Board of Revenue (FBR), Customs and Ministry of Industries where the bureaucratic style of working is different from the EDB.

Suzuki vehicles (Mehran, Ravi and Bolan) in Pakistan. Luckily relying on one company whose market share is above 50 per cent and making its parts for over three decades has made PAAPAM members rich who have also made vertical and horizontal expansions in their units while many had purchased new land to meet soaring demand of Suzuki vehicles. Vendors must have recovered their investment which they had made for making parts of Suzuki vehicles decades back and are now

Sabir said EDB was closed down on the grounds of malpractice and corruption as the Board was also favoring some assemblers and their vendors.

However, sources said some Chinese bike assemblers disassociated from the stance of Mr Sabir Shaikh and said the “EDB should stay. ”The assemblers who want EDB to continue its operation must be big assemblers and are enjoying robust sales There must be high stakes of PAMA and PAAPAM forcing both the associations to rescue the EDB at any cost despite the fact that the EDB was always under fire for giving out of the way protection to the assemblers and vendors on various issues.

One of the main issues on which consumers have always raised voices is continuous rolling out of decades-old

enjoying the fruits without making any advance investments due to lack of new models.

EDB had only taken up the matter from the leading Japanese assembler on official papers instead of taking any strict practical action against assembling of 30 years old vehicles. This is a real support to the backward auto industry whose example is hard to find in any

other country where government departments keep a strict vigil on the activities of assemblers.

Powerful PAAPAM finally moved a petition in the court over government’s decision of dissolving EDB as they fear that their all hidden contacts with the small to big bureaucrats may expose their corrupt practices of greasing palm of government officials to keep running their industries on their own whims.

PAMA has yet to knock the doors of the court but insiders say PAMA has full support to the PAAPAM in moving to the court.

It is the EDB which has never seriously taken any action against the cartel of local car assemblers and two wheeler assemblers and instead it had allowed them to keep raising prices frequently.

There was also no check on quality of locally produced parts being used in assembling cars and bikes.

There were also no actions taken by the EDB over late delivery of vehicles ranging to three to six months coupled with heavy premium being charged by the authorized dealers of local assemblers on spot sales of cars.

Heavy recall of Toyota Corolla cars by Indus Motor Company (IMC) in the last one year over usage of sub standard and faulty parts had also gone unchecked by the EDB. In two wheelers Honda bikes remained out of the market in the last one and a half years despite record breaking production and sales by the Atlas Honda Limited (AHL), but EDB officials remained tight lipped.

Surprisingly PAAPAM Senior Vice

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Monthly AutoMark International Chairman, Mohammad Ashraf Sheikh, who is a bit media shy guy, came out with a surprising claim that EDB has progressively made great strides in bringing new methods and technology to Pakistan. After watching Suzuki vehicles the claim proves hollow.

On the contrary, Association of Pakistan Motorcycle Assemblers (APMA), Mohammad Sabir Sheikh, a strong rival of EDB, felicitated the Cabinet of taking taken the right decision at a right time to dissolve EDB as internationally the auto industry is now converting towards electric cars, bikes and other vehicles for which the government has taken various decisions in Budget 20182019.

He said the existing assemblers of cars have not shown any desire to introduce any locally produced electric vehicles and they may create hurdles if EDB is again allowed to operate.

Sabir said EDB was closed down on the grounds of malpractice and corruption as the Board was also favoring some assembl ers and t hei r v endo rs.

However, sources said some Chinese bike assemblers disassociated from the stance of Mr Sabir Shaikh and said the “EDB should stay.” The assemblers who want EDB to continue its operation must be big assemblers and are enjoying robust sales.

They said that EDB is closed on the grounds of corruption and malpractice without providing any evidence and conducting proper investigation.

Sources said EDB became victim as it refused to grant permission to an influential businessman for import cert ai n engineeri ng equ ip men t /machinery on concessionary duties. As a result the government decided to abolish EDB which is misuse of powers

based on malafide intention.

Sources said new entrants in the green field area had reported to have c o mp l a i n e d w i t h t h e P ML - N government against the EDB for creating hurdles. The EDB also created problems in implementation of Auto Development Policy 2016- 2021 but later on government’s invention the Board started favoring new players.

Recently, some green field investors faced problems due to non professional attitude of EDB. The government had allowed import of 100 CBUs by the new investor under concessionary rates but EDB’s officials stubborn attitude – the EDB did not complete the documents of these new assemblers due to which the permission to bring CBU on duty concession could not be uploaded on WEBOC System of clearance.

Some 73 officials along with a senior most official Mr Khuda Bux had also filed a written petition in Islamabad High Court against the government for taking malafide decision of EDB’s closure which would not be sustainable which they believe.

A car vendor foresees a serious problem when the vendors would need to renew Input Output Ratio Certificate which is expiring in June.

SVC Ashraf Sheikh said the government’s claim is unjustified that EDB serves no useful purpose, he said adding the board is the only platform that helped the industry grow and developed long term vision for the development of the engineering sector, formulated and coordinated all government policies relating to the engineering sector, develop and overall strategic plan, promoted export, resolved appeal for grievances and managed deletion policy.

EDB was formed in 1995, hardly 10-15 per cent of parts for passenger cars were produced locally. Today this figure has touched 70pc. Similar trends were witnessed in case of motorcycles, trucks, buses and tractors. The industry achieved these milestones only due to diligent implementation of deletion programs and tariff-based systems by the EDB. Interestingly, Mr Ashraf forgot that the prices of locally produced cars continued to rise despite achieving high localization while new vehicles barring Toyota Corolla are being assembled with very low locally made contents. EDB had not done anything on low localization level.

Ashraf claims that due to aggressive localization import substitution now saves the country over three billion dollars annually. Moreover, the EDB also shielded industry against the unfavorable conditions in FTAs and allowed a market and vendor base to develop to make manufacturing in Pakistan an attractive prospect for new entrants.

He said new players including Hyundai, Kia Motors, Volkswagen, Isuzu, Nissan, Renault etc. have arrived owing to EDB’s effort.

Despite of all good and bad, EDB played the role of a bridge between Industry, Ministry of Commerce, Ministry of Industries and Ministry of Finance. EDB regulated issuance of Input Output Ratio Certificate (IORCs) for smooth running of automotive/engineering industry and formulation of policies in consultation with major stake holders.

PAMA has asked PM to immediately review the dissolution of the EDB or announce a successor mechanism /organisation to take over the existing day to day affairs seamlessly.

Cabinet's decision to dissolve the EDB would create a vacuum as there is no mention of any successor organisation or mechanism to look after the ongoing affairs.

Until EDB's dissolution is passed by the relevant authorities and/or a new body/mechanism is announced, the Ministry of Industries must itself step in as it is imperative to continue the function and activities of the EDB in one form or another.

PA MA said no annou ncement , communication or legal cover would significantly shake confidence just as the interim government is about to step in.

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Monthly AutoMark International

Automotive News - Update

Suzuki launches online car financing portal in Pakistan To keep customers from the hassles of traditional car financing, processing delays and late deliveries, Suzuki has introduced a car financing web portal called Suzuki Finance Arrangement Program (SFAP).

This website lets customers book a Suzuki car online in a few quick steps.

How to book a car with Suzuki Finance Arrangement Program To initiate the process, consumers first have to log on to www.sfap.com.pk and follow four steps to make a purchase.

Step 1: Select your Suzuki vehicle model Step2: Select mode of finance Step 3: Use the EMI calculator to get monthly installment quotes.

Step4: File an application online

To assist with the filing of an application, the portal generates a simple one-time use password and sends it to consumers via email and text message.

Break-ups of monthly down payment and monthly installments are provided via the 'calculate' button.

Upon successful completion of the application, a bank representative will get in touch within 48 hours for document submission.

The portal also lets consumers track their case on the same portal and get notified about updates on each of the processing stages. These updates are also sent out via SMS and email.

TransKarachi Company approved to run bus transit system Donors sought for mass transit systems in Hyderabad, Sukkur, SMTA meeting told The establishment of a Trans-Karachi Company for the operations and management of the Bus Rapid Transit System was approved in a meeting of the Sindh Mass Transit Authority board on last week.

Karachi mayor Waseem Akhtar was included into the board as a member.

While the chairman of the board has already been appointed, a representative of the Asian Development Bank still reminded the meeting on Wednesday that as per the Securities and Exchange Commission of Pakistan (SECP) rules, only an independent member could be given the charge of the board’s chair.

Wednesday’s meeting was the second meeting of the authority to deliberate matters pertaining to the BRTS of the metropolitan. It was held at the Sindh Secretariat of the Services, General Administration, and Coordination Department.

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Review on new car purchasing by Automark

Monthly AutoMark International

Stopping non filers from purchasing vehicles may cast gloom on new entrants' investment Non filers’ ordeal Honda Atlas Cars may not face any serious sales loss as most of the buyers are filers, a dealer claimed adding Honda cars are popular in urban areas mainly due to its class and executive looks while growers and land lords in rural areas prefer Toyota Corolla and Suzuki vehicles The government’s decision to stop non filers from buying cars may prove a good step to net tax dodgers in the long run but it may not suit the new entrants who have invested $800 million to assemble cars and other vehicles in the next one to two years.

When existing car assemblers are set to lose 60 per cent non filers as their major buyers out of total sales after the implementation of decision from July 1, 2018 then what will be left for the new entrants in the shrinking auto market size.

New entrants from Korea, China, France and Japan must have prepared feasibility report before entering the Pakistani market to grab a slice and then aim to improve their market share.

Bracing up for a big competition existing players have planned new models besides recently enhancing production capacity of their existing units to compete with new players.

The auto market will be more challenging and tough for new players especially after erosion of 60 per cent non filers. As a result, low sales and production volumes may play havoc with the financial health of new players and many fearing to survive may shelve their investment.

It is feared that existing assemblers and their vendors may start offloading sizable number of workers due to dwindling production and sales from July 2018 which they always do in time of crisis. They hire additional workforce when sales and production of vehicles soar.

The new investors are coming up to cash

the soaring demand of light commercial vehicles but unfortunately their buyers in rural areas are non filers and even do not hold any bank account. This would be another setback for the new entrants.

The decision of stopping sale to non filers does not apply on used cars trade on which local assemblers are not happy as the decision falls on new locally assembled and new imported vehicles.

They said the demand of used cars will rise when non filers will switch over to buy used vehicles and black money will find way into used car business with more volume. As a result, the industry sales will suffer badly while used car sales will thrive.

Banks will also feel the pinch of losing non filers as their main buyers as the share of car financing has grown up in the last two years following drop in interest rates and surging vehicle

demand.

Honda Atlas Cars may not face any serious sales loss as most of the buyers are filers, a dealer claimed adding Honda cars are popular in urban areas mainly due to its class and executive looks while growers and land lords in rural areas prefer Toyota Corolla and Suzuki vehicles.

Assemblers of Toyota and Suzuki vehicles are more worried than the producers of Honda.

To avoid any future complications, Indus Motor Company (IMC), Pak Suzuki Motor Company (PSMC) and Al-Haj Faw Motors have stopped taking booking of vehicles from all the ‘non filers’ including individual and all corporate customers where delivery time is July 2018 and on wards.

Assemblers have urged the customers to change their status as tax filers. Many individuals are not in the active tax payers’ list while there are many customers who had booked a vehicle and are expecting delivery after June 30, 2018.

For customers orders in hand with non tax filer status, scheduled for deliveries up till June 2018 and currently awaiting balance payments, assemblers have asked the authorized dealers to contact every customer individually. Failure to do so will result in delayed vehicle deliveries or order cancellation.

For customer orders in hand currently with non tax filers status and vehicle deliveries scheduled for July 2018 and onwards, dealers are asked to approach each customers to change their status to tax filer.

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CPEC Economic Zone - Update

Monthly AutoMark International

NLC takes over Thatta Special Economic Zone of CPEC Pakistan is eventually set to embrace The D habejiThatta special economic zone ( S E Z ) designated under the ChinaP a k i s t a n Economic Corridor will be operated by National Logistics Cell (NLC). A memorandum of understanding was signed between NLC and Sindh Board of Investment (SBI) to kick-start the establishment of administrative blocks and logistics with the CPEC based Dhabeji-Thatta proposed SEZ. As per an SBI press release, the MoU was signed by SBI Chairperson Ms Naheed Memon and NLC Director General Major General Mushtaq Ahmed Faisal on 15th May 2018. In accordance with this agreement, NLC and SBI will undertake work for the setting up of a Logistics Park as per the master plan and feasibility study of China-Pakistan SEZ Dhabeji conducted by the planning commission.

SBI will enable and provide help to NLC f or it s r ole as Lo gist i cs Park M a n a g e m e n t O r g an i z a t i o n i n conjunction with foreign commercial entities and designated Chinese entities.

In Fata, the only SEZ will be Mohmand Marble City. ICT Model Industrial Zone will be established in Islamabad while an industrial park will be developed on Pakistan Steel Mills’ land in Port Qasim near Karachi.

While speaking on the occasion, Ms. Memon stated CPEC had paved the way for accelerated economic activity and logistics would play a key role in this respect.The NLC DG said that the SEZs have a major role to play in the industrial development of the country. The Dhabeji SEZ is spread over 1,000 acres and is located 55kms outside Karachi.

Pakistan is eventually set to embrace around 37 SEZs under CPEC. Four SEZ sites were identified in Punjab. PunjabChina Economic Zone and Quaid-iAzam Apparel Park SEZ are in Sheikhupura while M-3 Industrial City

and Value Addition City are in Faisalabad.

In Balochistan, nine places were identified for SEZs: Bostan Industrial Zone, Dasht Industrial Zone, Turbat Industrial Zone, Industrial Zone at the Junction of Qilla Saifullah, Zhoband Loralai, Gwadar Industrial Estate, Lasbela Industrial Estate, Dera Murad Jamali Industrial and Trading Estate and Winder Industrial and Trading Estate.

In Sindh, four sites were identified for SEZs. These are China Special Economic Zone at Dhabeji in Thatta, China Industrial Zone near Karachi, Textile City and Marble City. Two of these projects were considered in Thatta: China Special Economic Zone, Dhabeji (priority) and Keti Bandar.

In accordance with this agreement, NLC and SBI will undertake work for the setting up of a Logistics Park as per the master plan and feasibility study of China-Pakistan SEZ Dhabeji conducted by the planning commission.

ICT Model Industrial Zone will be

established in Islamabad while an industrial park will be developed on Pakistan Steel Mills’ land in Port Qasim near Karachi.

Earlier this month, National Logistics Cell (NLC) also signed a Memorandum of Understanding (MOU) with German giant, Daimler AG, for local production of world renowned Mercedes-Benz trucks by NLC in Pakistan, GVS reported.

The MOU was signed on behalf of NLC

by Major General Mushtaq Faisal, DG NLC, and Mr Zia Ahmed, CEO Pak NLC Motors, and on behalf of Mercedes-Benz Special Trucks by Mr. Klaus Fischinger, Head of Executive Committee, and Dr Ralf Forcher, Head of Sales at Woerth, Germany. Also present at the signing were Mr Naseem Shaikh, Director and General Manager, Shahnawaz Ltd. and Mr Ahmed Naeem of Shahnawaz Ltd, the Authorized Distributor of Daimler AG in Pakistan, who have been instrumental and played a key role in bringing together the two partners for this project of national importance.

Local assembly of Mercedes-Benz trucks

by NLC will mark a major shift in the domestic logistics and transportation indus try towards European manufacturers who offer technologically advanced products that combine superior performance, environment friendliness,reliability and road safety.

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New Investment in Automotive Sector

Monthly AutoMark International

JW Forland begins assembly of Forland trucks in Pakistan JW Forland is going to start local production of Alpha and Bravo (dump truck and cargo truck) in collaboration with Forland Motors China in June-2018

JW Forland had imported 150+ Forland units in t he last si x months which had been sold and after receiving good response from the consumers the company decided to initiate local assembly, sources in Forland told Automark on Wednesday.

The company had already received Greenfield status for its plant and establishes assembly plant in Lahore.

This is first Pakistani company had 50/50 JV with Chinese company in auto sector while the government had already given the approval for local assembly.

JW Forland has decided to invest at large scale and is concentrating on collaboration to meet the augmenting demand of four-wheel vehicles in the country. The company had signed the joint venture cooperation agreement with Forland China last year.

Production of Forland will create around 400+ new jobs in company while the number of jobs would be more in allied industry and dealership network.

On localisation of parts, an official said the company is working aggressively on this segment to remain competitive which would create more jobs in the vending industry.

The plant has the capacity to produce 30,000 units per annum on double shift basis. Pakistani company plans to introduce more Forland models which include pickups and light duty trucks in the local market.

The Bravo 1.0, 1800cc diesel carries price tag of Rs 8,50000 while Alpha 3T capacity, 2700cc diesel price tag price 20,50000.

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CPEC Conference - Coverage

National Transport Policy promulgation soon IRSTEP holds CPEC conference in collaboration with NIT-NUST, main sponsor was the JW-Forland for this event

On this occasion Director General National Logistic Cell Major General Mushtaq A Faisal stressed on the importance of logistic infrastructure and supply chain management in CPEC. NLC has been taking special steps in this connection. He informed that NLC has signed agreement with MercedesBenz Trucks Company for manufacturing loading trucks in Pakistan to make ensure the facilities for smooth trading and transportation of goods.

He told that Pakistan will introduce Truck Tracking system to monitor all transportation on high ways and CPEC routs. NLC will manage Sust Bader Terminal Logistic Management and will construct service stations with facilities for trucks and drivers along with CPEC roads at every 200 km.

Secretary Planning Commission and Reforms Shoaib Ahmad Siddiqui has said that Government will remove all grievances of stake holders regarding infrastructure, transport and logistics management in CPEC, first national transport policy with the consultation of all stakeholders has been devised and

expected to be promulgated during prese nt g overnment reg ional connectivity and best availability of transport and logistics infrastructure will boost over relation with stales connected in CPEC. This was stated by him at a conference organized by Institute of Road Safety Traffic Environment Pakistan in collaboration with National Institute of Transportation in NUST Islamabad on 9th May, says a press release.

He said that government has designed Pakistan first ever transport policy and its draft has been handed over to government to get it tabled in National Assembly. He said road development is mother of all development and it has key role in relation with China. He said CPEC is the name of road, rail, air, fiber and ship yard connectiv ity an d development of their relevant infrastructure. Pakistan and China can share their experiences in toad safety development.

Political Councilor of China Embassy Jiag Han addressing to the audiences strongly ruled out the perception which has been prevailed in a segment of

Pakistani society that China will dominate like East India Company during British regime.

He said that China had been victim of colonization and the p resident of China already had exhibited China's policy "China will boost other economies without political interference and imposing its own economic agenda".

Chief Executive of CPEC project Daud Butt hinted out that various type of technology as RFID, lot, Robotics, Data, BIM, Big Data and artificial intelligence would be used in road safet y management and transportation of trade.

SSP Highway and Motorway police Shaharyar Sikandar speaking to the audiences said that due to batter management, the death toll during road accidents has been decreased 44% in last year.

He said that traffic police has taken various steps as E-ticketing. Electronic controlling, Driving Center for HITV d riv ers and bet ter servi ces of international standards.

Chairman National Institute of Transpiration Qaiser J Khattana on this occasion said that strong trade connectivity would lead to regional economic development and transport infrastructure is prerequisite for CPEC. He said his institution has been working to maintain CPEC road and transport effects environment at zero level. He said after CPEC completion Pakistan would be the first transport hub of the world.

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New Investment in Auto Sector - by Hanif Memon

Monthly AutoMark International

Khalid Mushtaq to setup auto assembly plant in Karachi Khalid Mushtaq Mot ors ( Pvt ) L i m i t e d ( K M M L ) , country’s famous family, have to setup an assembly plant near-by Karachi (Nooriabad) with an i nv estment ov er Rs375 million (including working capital) to produce light commercial vehicles from first quarter of 2019.

The company has signed a technical collaboration agreement with China’s Chongqing Kuayue (Group) Co., Limited to assemble vehicles under the name “MUSHTAQ”. Model KY10, 1.5 ton loading capacity light commercial vehicles shall be introduce in first phase.

A 11 seats and another 5 seats van shall be i nt rod uce in second phase.

The Ministry of Industries (MoI) earlier in August-2017 had awarded Greenfield status to KMML. All the necessary equipments, tools, machinery and ED Plant accessories has been received at site. After completion of establishing assembly plant company will apply for a manufacturing license to ministry of industries.

Our initial plan to assemble 1,500 units per annum on a single shift basis and the production capacity will be triple by using three shifts in view of soaring demand for commercial vehicles in the wake of CPEC,” COO KMML Anwar Iqbal told Automark on last week. Mr. Anwar Iqbal has rich experience of 21 years in automobile industry. He is well known personality of automobile sector of Pakistan.

He said the new investment in four wheelers will create 300-500 direct and indirect jobs. “We are going to start hiring very soon” he added.

COO KMML said that the company has already imported some sample units of MUSHTAQ vehicles for testing purpose in CBU condition from our principal in China.

He said, “After testing these vehicles, soon we are going to import 100 units of these vehicles in completely built up (CBU), before starting local assembly of the product. We are planning to produce our local assembly product in first quarter of 2019, if everything goes as plan.

“We are the one of the new investor in the green field segment under new Auto Development Policy 2016-21 after United Motors, Regal Automobile, Kia

by Lucky Group and Hyundai by Nishat Group,” he said, adding that Dewan Group and Ghandhara Nissan have been awarded brown field status.

Our vehicle is far more supervisor among its class. Dewan Shehzor is 85hp, JAC-X200 is 78Hp, whereas Mushtaq KY10 engine is 102hp. Loading capacity of Shehzor and JAC are 1 ton whereas Mushtaq KY10 is 1.5 Ton. Being a gasoline engine installation of CNG kits option is always available, even KMM shall also offer company fitted CNG

kit, said Anwar Iqbal.

Gasoline itself a cleaner fuel in compression to diesel and engine maintenance cost shall also be lesser.

Mushtaq K1 Engine is VVT-Verbal Valve Timing; it would be 1st light commercial vehicle in Pakistan with VVT technology.

VVT is a process of altering the timing of valve lift event which improve performance and power of engine, gives fuel economy and very low level of engine sound.

Technical Specification Light Commercial Vehicle “Mushtaq”, Model KY10 Gasoline Engine VVT technology.

CNG VERSION WILL ALSO AVAILABLE - 1.5 Ton - Independent suspension - Power steering - Front disc brake - Heater, - MP3 player - AC is optional

Price and Availability The MUSHTAQ LVC will be available in first quarter of 2019 and price range between 1.2M to 1.5M.

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New Investment in Auto Sector of Pakistan

Monthly AutoMark International

NLC & DAIMLER AG SIGN MOU FOR LOCAL PRODUCTION OF MERCEDES-BENZ TRUCKS

BY NLC IN PAKISTAN DG NLC said that local assembly of Mercedes-Benz trucks will ensure a healthy competition in the trucking industry of the country and meet the logistics requirements of CPEC At the largest t r u c k manufacturing p l ant i n t he world, NLC signed an MOU with Daimler AG for local prod uction of world renowned Mercedes-Benz trucks by NLC in Pakistan.

The MOU was signed on behalf of NLC

by Major General Mushtaq Faisal, DG NLC, and Mr. Zia Ahmed, CEO Pak NLC Motors, and on behalf of Mercedes-Benz Special Trucks by Mr. Klaus Fischinger, Head of Executive Committee, and Dr. Ralf Forcher, Head of Sales at Woerth, Germany on 3rd May 2018. Also present at the signing were Mr. Naseem Shaikh, Director and General Manager, Shahnawaz Ltd. and Mr. Ahmed Naeem of Shahnawaz Ltd, the Authorized Distributor of Mercedes- Benz vehicles in Pakistan, who have been instrumental and played a key role in bringing together the two partners for this project of national importance.

Local assembly of Mercedes-Benz trucks

by NLC will mark a major shift in the domestic logistics and transportation industry towards European manufacturers who offer technologically advanced products that combine superior performance, environment friendliness, reliability and road safety.

Talking on the occasion, Major General Faisal termed the MOU as an historic moment for Pakistan’s commercial vehicle industry. He said that local assembly of Mercedes- Benz trucks by NLC would prove a strategic opportunity to leverage the modernization of

Pakistan’s logistics industry which would benefit tremendously from having a state of the art assembly plant in Pakistan being setup by NLC that would maximize efficiency and reliability of road transport sector. Because of the incentives given in Auto Development Policy 2016-21, local assembled Mercedes- Benz trucks would be offered on very competitive prices in the market.

DG NLC said that local assembly of Mercedes-Benz trucks will ensure a healthy competition in the trucking industry of the country and meet the logistics requirements of CPEC. He added that it will bring qualitative change in local vendor industry and will provide opportunities for new jobs.

Dr. Ralf Forcher, Member of Executive

Committee and Head of Sales and Marketing, Mercedes-Benz Special Trucks said “Pakistan’s infrastructure and construction sectors have registered significant growth in recent years having a direct effect on the logistics industry as it gives rise to an increased demand for commercial vehicles. By commencing local assembly operations of MercedesBenz trucks in Pakistan, NLC will be able to cater for this demand more efficiently and respond to market trends quickly”.

It is pertinent to mention that strong growth in Paki stan’s GD P has contributed towards a significant boost in rising demand for commercial vehicles. In addition, the China - Pak Economic Corridor (CPEC) project is also playing an important role in raising demand in this sector. Modern transportation networks built under CPEC will link seaports in Gwadar and Karachi with northern Pakistan, as well as points further north in western China and Central Asia.

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Interview - Update

Dewan Motors to Focus on Quality and Launch Multiple SUVs in Pakistan: CEO Pakistan, a year back, introduced a lucrative auto policy that resulted in investment announcements from some of the biggest brands in the world, in cludi ng gi ant s l ike Renau lt , Volkswagen, and many others. The policy not only ensured incentives for newcomers but has also motivated Dewan Group to get back into the auto sector.

Muhammad Saleem Baig, CEO of Daehan Dewan Motor Company, in an exclusive interview with ProPakistani, shared the story of ups and downs of Dewan Group and how it plans to reconquer Pakistani market with its experience, local network, and proven quality.

From the Old Times For those who don’t know, Yousaf Dewan Group of Companies stepped into automobile industry back in 1998/1999 as a result of an agreement with Hyundai and Kia. In fact, YDC was the reason that Hyundai and Kia vehicles became a local success.

The company, later on, introduced the well-known Hyundai made Shehzore truck, which became an instant success.

Saleem Baig told me that company sold over 50,000 Shehzore trucks, a number that has still not been surpassed by any truck maker in the country.

At the time, Shehzore held a market share of 80% in one tonne pickup category 20% market share in 1 liter hatchback category. This accounted for an overall 10% market share in auto sector at that time.

However, in 2010, Hyundai decided to halt its operations in 18 countries throughout the world — including Pakistan — due to a shift in the company’s business dynamics. The move isolated Dewan Group and it went into incognito mode while it searched for its next partner.

Saleem Baig mentioned that apart from Kia and Hyundai, YDC also brought BMW to Pakistan and has already signed a distribution agreement with Scania,

company based out of Sweden, for manufacturing buses and trucks in Pakistan.

Plan to Move Forward After Hyundai left the Pakistani market, Dewan Motors was left with just a few leftover kits for Shehzore vehicles. This is when the company started to look around for sourcing the rest of the parts.

The company had many proposals from several Chinese automakers which were considered for evaluation.

Saleem Baig said that they tested a few Chinese models of Shehzore but their performance was below par. Shehzore gave an engine performance that lasted 300,000 kilometers, however, the Chinese models only went as far as 50,000 km which wasn’t acceptable for Dewan Motors.

Dewan recognized itself as the provider of a quality product with good after-sale value and spare parts that were readily and cheaply available. The CEO added that Dewan Motors stuck to its vision of providing quality products so instead of going to Chinese manufacturers out of desperation, they waited for better options.

The quality and after sale service is very important for us. Giving the quality product in the market is very critical.

The company will also enter the passenger cars market in the near future by bringing SsangYong to Pakistan, keep reading to know more details on this.

Joint Venture Between Dewan and Daehan It is apparent that Korea has established an identity as a provider of good machines, be it the electronics or mechanical systems. In fact, many consider Korean products to be of same quality as those of Japan. So, Dewan went to Korea to look for quality products.

They were directed to meet with the Kolao Group of KR Motors. The Kolao Group also owns the Daehan brand. The company has a 1-ton pickup, 2.5-ton

pickup in the making and another double-cabin pickup in market circulation.

This is where the Dewans leaned that Kolao Group had already invested $10$15 million on a new 7% bigger model of Shehzore like trucks.

SaleemBaig highlighted that Shehzore was built around the Korean power train technology including the all important rear axle, that looked even better than the original Shehzore that Dewan group sold over 10 years ago.

Dewan Motors was quick to pitch their plan. With Kolao group’s tech and Dewan’s network of dealers, market share, and a state-of-the-art assembly plant in Pakistan, both the companies had the perfect chance to form a jointventure with 50-50 ownership to give birth to a new company called Daehan Dewan Motor Company.

Re-Birth of Shehzore With the deal locked with Kolao group, the Dewan group invested several million dollars to revive its assembly plant in Pakistan; that enabled the company to start assembling Shehzore trucks in the country again.

The investment from Dewan includes progressive localization of the vehicle in Pakistan. The first Shehzore produced had a localization of around 20%.

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Monthly AutoMark International Dewan also holds the vision to localize the manufacturing to create more employment opportunities in the process.

Local Assembly Plan Dewan Motors has an established plant in Sindh with over 500 employees.

The company’s CEO told us that it is a technologically advanced plant with four robots that paint the vehicles. He added that these robots were brought from Germany in 2000 and even after 18 years there is no other company in Pakistan that has robots at their plants.

Talking about the capacity, he added that a total of 20,000 units can be assembled per annum at the plant. The capacity will be increased once SsangYong vehicles are introduced and localized in Pakistan.

He further added that Daehan Dewan is looking to sell 5,000-6,000 units of Shehzore in the first year

Resale and Spare Parts Muhammad SaleemBaig said that Shehzore’s success in the market was mainly due to its exceptional quality and resale value, and that is exactly what they are going to focus this time around as well.

Dewan Motors said that it considers following two things to be of utmost importance; • Aftersale value • Availablity of parts at a decent price Shehzore had 18 3S dealers, which is one of the biggest networks in Pakistan.

Dewan took them into confidence before relaunching the Shehzore and most of them are in good faith with the company.

CEO told that the lack of dealers and parts is why the Chinese are yet to make a mark in the market.

On the other hand, Dewan already has 12 dealers in place with many of them with the 3S status. Currently, there are no 3S dealershi p center s i n Karachi,however the company has established a state of the art product support centre.

Apart from that, the company will invest more capital in the development of 3S dealers so the below-mentioned SUV launch can be successful as well.

Passenger Cars Hyundai and Dewan, as mentioned earlier, once held an overallmarket share of 10%, however, since then the market and consumer demands have changed.

Without a doubt, Dewan would’ve to bring in more options other than commercial vehicles to gain even half of the share they once held.

The company told that early next year they will bring SsangYong to Pakistan.

The aim of the launch will be to provide quality vehicles at a competitive price – High Value Proposition.

Dewan insisted that they would never compromise on the quality as it is the company’s unique selling point.

Talking about the possible passenger cars, the company told that they will tap into the SUV market. SUV sector is booming in many countries in the world including India and the US. In fact, in America, the SUV sales outnumbered the Sedan sales for the first time ever recently. Pakistani market is somewhat new to SUV so Dewan will try and explore that sector. The possible vehicles that Dewan could launch by bringing SsangYong to Pakistan in near-future are; •Tivoli (B-segment SUV).

• Korando (C-segment SUV), and, • R e x t o n ( E - s e gm e n t S UV ) .

All three of these vehicles will be launched under Dewan’s brownfield status. They will be available at a competitive price and in the best quality with international safety standards. The company’s head told;

Prices Inquired about the price range of these vehicles as well. The company responded that the B-segment SUVs will be priced in the B passenger car segment. The Csegment SUV will be launched in C passenger car segment price range, which will be around what the top end Honda Civic and Toyota Corolla cost.

So, Pakistanis will be getting an SUV at the price of a Sedan. The E-segment SUV, if launched, will compete directly with Toyota Fortuner.

The company also gave a rough estimate of how much the Tivoli model will cost.

They added that the Tivoli SUV will be priced around Rs 2 million – which seems pretty reasonable considering all the features that the company is promising.

The demand is already there, currently, the companies sell around 300,000 units annually. The number will go as high as 500,000 by 2021 as country’s young population is increasing.

The company recognizes the low-priced market sector, however, has no plans of

launching any models under Rs 1 mi l l i o n , bu t m ay v e nt u re i n t o electric/hybrid vehicles in the near future.

The Auto Policy Dewan Motors was full of praise for the auto policy 2016-21 that the government rece nt ly i nt rod uced . The C EO mentioned that the attractive points of the policy are the reasons why Dewan has re-entered the market. Dewan was given the brownfield st atu s of investment as well under the same policy. He added; The policy has generated competition, this is good, the market is growing. The size of the cake is growing, everybody will be a winner, nobody will die.

Chinese will have their own share, the Korean players are coming, they will have their own shares. We will have our own share, I believe no threat to the Japs, they already have expansion plans, they are coming up with new products.

So, ultimately more choice, cake size growing will create employment in Pakistan. Its a win-win situation.

The CEO also made a few recommendations regarding the policy.

He added that the government should maintain and continue the policy so foreign companies continue to invest in Pakistan.

On a question about taxes, the CEO added that any changes in the policy would hamper the investment. The companies have already aligned their system with the existing tax regime, and any changes would mean the change in company’s plans which might, then, hesitate in investing.

On a final message to the customers and the general public, Dewan Motors ensured that their vehicles are of the best possible quality. The company waited 7 years to get the best manufacturer when they could’ve easily gone for Chinese manufactures and compromised the quality.

Saleem Baig concluded by saying: We have launched the best possible product – a very high-quality product and we will be launching other products.

We believe Korean products and Korean technology have advantages and we will be offering this to our customers.

Courtesy: PRO PAKISTAN

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Automotive News - Update

Meezan Bank signs MoU with VPL for import of heavy duty vehicles Me e zan Ba nk ha s signe d a Memorandum of Understanding (MoU) with VPL Limited – a leading importer of trucks, buses, construction & mining equipment, generators and tools in Pakistan as their preferred financier.

The MoU was signed by Arshad Majeed, Group Head, Consumer Finance, Meezan Bank and Waqar Asghar, CEO VPL Limited at a ceremony held at VPL Li mi t ed H ead O f f i ce , Laho re .

As an authorized importer of Volvo & UD Trucks in Pakistan, VPL Limited’s collaboration with Meezan Bank will support the import of their heavy-duty truck models in the country; further enabling the dealer to offer a complete integrated transport solution to its customers. Meezan Bank shall further strengthen the company’s offering by providing priority processing time, financing of complete unit (truck & trailer), flexible financing terms, lease tenure up to 7 years and comprehensive

Takaful coverage for all VPL customers.

Under this MoU, Meezan Bank will be the preferred financier for UD Trucks supporting the long-haulage and

construction segments in the country.

Through Meezan Bank’s network of over 600 branches in Pakistan, VPL Limited will be able to leverage the Bank’s nationwide presence to enable greater penetration of its products in the local market.

Speaking at the occasion, Arshad Majeed said, “The demand for UD trucks In Pakistan is evergreen and Meezan Bank’s collaboration with VPL Limited will help fill the gap of meeting the evolving needs of Pakistan’s automobile industry.”

UD Trucks is a leading Japanese total transport solution provider and has a good market potential in Pakistan’s transportation industry. The Bank’s recent association with VPL Limited will benefit Pakistani industries where competitive advantage stems from agile and highly responsive logistics and transportation networks such as Oil & Goods industries.

Pakistan rejects Toyota, Honda and Suzuki after decades As per previous demonstrations on how social media has become a powerful unification tool against hecklers and aggressive business owners in Murree, Pakistani cyberspace has now given voice to a much more national cause; a campaign against monopoly in the auto industry. A Facebook page that goes by the name of CAMBT (Campaign Against Monopoly of Big Three) is hitting masses that have suffered losses of life and revenue against the almost threedecade-long stagnancy in the Pakistani auto market.

The page has started campaigns against Toyota Pakistan, Honda Atlas and Suzuki motors, against all of which Pakistani consumers have been complaining for years. Various individuals and people associated to the campaign have approached the Supreme Court to look into the matter of deteriorating quality, rising prices and harassment of consumers.

The Pakistani automobile industry is set to undergo major changes this year, with various international automakers all set

to enter the market. Pakistan has had all of three automakers: Suzuki, Toyota and Honda that have had the market captured for several decades, delivering their products to eager auto enthusiasts.

With complaints from the consumer base about increasing prices and deteriorating quality of vehicles, it was high time that Pakistan saw an overhaul, GVS observed several months ago.

Regardless of the oppressive monopoly, the year 2016 saw more than 0.23M vehicles being sold in Pakistan. The numbers continue to rise each year and a positive trend of 10 to 15 percent annual growth has been observed. More than 0.15M cars and jeeps have been sold in Pakistan since mid-2016. If buses, trucks and tractors are included in the stream, the number crosses 0.2M. “Reports and numbers like these exhibited the need for the reinvigoration of the market.

People are frustrated but they didn’t have options. Pakistan has multiple layers of the consumer base, but the choices are propping up just now” an

official from Pakistan Auto Mobile Association (PAMA) spoke to media on condition of anonymity. With new entrants set to release new and internationally acclaimed vehicles owing to the auto policy 2016, the so-called “Big Three” might be in peril, especially the most widely purchased Pakistani cult icon, Suzuki Mehran.

The 1989 prodigy and now an overpriced vehicle, the sales of Suzuki Mehran are finally in danger because of the announcements of United Bravo and Datsun Redi-Go. Under the latest government auto policy, numerous global and local automaker brands are looking towards entering the Pakistani market. Two of them are United Autos and Nissan. United Autos has already been operating under a motorcycle manufacturing flag and NissanGandhara is all set to launch operations later this year. Both companies are going to launch domestic cars in Pakistan that could prove to be a death blow for Suzuki Mehran, press earlier reported.

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Automotive News - Update

PAMA urges Ministry of Finance to remove restriction for non-filers The new initiative of restricting nonfilers from purchasing motor vehicles to cause a reduction in the sale of 240,000 units As the government, in its initiative of increasing number of filers has restricted the purchase of new cars by non-filers, however, car assemblers/manufacturers have urged the government to review its decision as the same will cause a drastic reduction in automotive sales.

PAMA has suggested some changes in the budget that could otherwise gravely harm the auto industry if not addressed immediately.

In a letter written to the Finance Minister Miftah Ismail, PAMA Director General Abdul Waheed Khan has highlighted the issue of new restriction

saying that the new section 227C in the income tax ordinance that restricts nonfilers from purchasing motor vehicles, will affect the sale of vehicles in the country.

“Presently there are about 1.2million filers, as this new condition would be put into effect, only filers would buy vehicles which would result in a sudden drop in sales,” said PAMA DG. “Assuming a filer buying vehicle once every five years, the yearly sales are expected to go down to about 240,000 units, against the current annual projected figures of 350,000 units,” he added.

He went to great lengths and said “We understand that if the filer condition stays all industry volume projections to

550,000 units, under the Auto Policy 2016-21 would be lost. The new entrants would see this new condition alien to the auto policy, to the word of which, they responded and invested in our market. All those big names presently heading to our market would frustrate with this new condition and would lose their confidence in our policies.”

“Besides major adverse consequences to the industry the new condition would also be counterproductive; government losing the revenue of second highest revenue paying industry,” said Abdul Waheed Khan adding that the market mechanism would indeed come into play to defeat the intent of the new condition result in opening the avenues of misuse and diluting its impact.

Auto dealers `premium money` racket snags on FBR net Bookings of new cars in dealers name has emerged as a source of claiming billions of illegal advance tax refunds, aside from additional earnings from reselling cars at a premium.

Intelligence department of the FB is investigating cases where dealers of locally assembled cars have been found claiming advance tax from customers, even though they had already paid this tax at the time of booking.

The same dealers, after collecting the amount f rom the customer, then went on to claim a refund from the tax authorities. The customer, on the other hand, ends up having to pay the advance tax one more time when they go to get their car registered because they do not have original proof of tax payment made to the dealer.

Under section 231B of income tax ordinance 2001, every assembler of a motor vehicle will collect the advance income tax at different rates on the basis of engine capacity at the time of sale.

These rates range between the lowest Rs50, 000 in case of 1301cc to 1600cc c o mm o n l y i n us e , t o R s 10 0 , 000forcarsintherange of1801cc to 2000cc. These rates go up to a maximum of Rs250, 000 in above 3000cc vehicle.

The advance tax rates are almost double for non-filers of tax returns.

As per the investigation, the dealers booked cars in their own name in bulk and deposited the advance tax with the manufacturer. On reselling of these cars, these dealers not only recover the tax

amount wh ic h th ey paid to manufacturers from the buyers, but also collect exorbitant premium over and above the factory price.

The initial inquiry conductedby the FBR into the scam reveals that dealers of Toyota cars themselves booked 46,500 vehicles in the last three years across the country alone. These cars were then sold to customers on premium along with recovery of advance tax.

According to an FBR source with direct knowledge of the inquiry, data on the details of bookings by dealers were provided by the auto assembler, which has of late been cracking down onthe practice of premiums on its cars.

Dealerships are totally separate entities from the auto assembler.

Indus Motor Company, the local assembler of Toyota cars, began an awareness campaign against the menace of `own money` last November, and announced that it had cancelled more than 1,100 advance bookings by `dodgy corporates` as well as individual customers after conducting a close examination of the details provided at the time of booking of the car. The practice of trading in new cars by dealers has been a menace for the auto assemblers as well asfor the customers.

T he p re mium ra ng es be t wee n Rs200,000 to Rs500,000 depending on the engine capacity of cars.

The advance tax is also being included in the premium amount, the source said. `We are investigating the quantum of illegal refunds`, the source said, adding

it will be difficult to assess the quantum of premium because it was not documented.

Instructions have been sent to regional tax offices around the country, along with details of all the dealers in their area who are subject to the inquiry, to serve notices and begin proceedings.

According to details from the letters, Karachi and Lahore alone account for 68 per cent of all the cars booked in dealers names, at 16,442 and 14,997 respectively.

The tax intelligence department has found that in the majority of these cases, dealers of these cars apphed for refunds and secured the amount in connivance with the tax officials. `We are also looking to identify those tax officials who issued these inegal refunds to dealers` the source said.

According to the tax department, the RTOs have also been instructed to scan the income tax returns of these dealers whether they have declared the amount equivalent to the amount they used in the booking of these cars inthelastthreeyears.

The official could not confirm whether they pay income tax on their profits or not.

Genuine customers of new locally assembled automobiles often have to wait for months to get delivery of their car, while the registered dealers of the local manuf acturers usually have multiple bookings of cars to earn profits in the shape of premium and illegal tax refunds. Courtesy: DAWN

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Automotive News - Update

ASPD arranges balloting ceremony for providing subsidised tractors Sindh’s Agriculture, Supply & Prices Department (ASPD) the other day arranged a balloting ceremony through Sindh Bank’s IT Department for providing 6200 Wheel Type Tractors on a subsidised cost amounting total of Rs1500 million for the current financial year 2017-18.

ASPD transparently invited applications from the farmers through press advertisement and field staff awareness under ADP scheme ‘Provision of Assistance to the Farmers on Purchase of Wheel Type Tractors, Phase-IV’.

Department has received total 18329 applications against the allocation of the subsidy of 6200 wheel type tractors.

Subsidy per small tractor is fixed Rs200,000 for 3825 numbers, while Rs300,000 subsidy will be provided on large tractors which are 2375 numbers on the basis of District Wise Quota.

In order to ensure transparency,

different checks at the time of submitting an application in banks including biometric verification and duly attested form-VII of land will be done at the bank’s premises and the same procedure will be followed at the time of delivery of tractors.

The Form-VII of the successful farmer will be re-checked through online v eri fi cati on system of rev enue department LARMIS prior to the acceptance of application of successful farmers. If anyone failed in verification of documents at any stage, it will be considered as disqualified and will be deleted from the list of successors.

Successful farmers will receive tractors in the premises of Agriculture Engineering Workshops in the presence of a high-level committee of Agriculture Engineers, concerned division convener, representatives of deputy commissioners, assistant agriculture

No bus service to take passengers to and from new Islamabad airport The new Islamabad International Airport is scheduled to welcome international flights Thursday onwards, but there is no public bus service to facilitate citizens in travelling to and from the airport.

Constructed at the cost of Rs105 billion, the new airport was inaugurated by Prime Minister Shahid Khaqan Abbasi at the beginning of this month.

The government decided to inaugurate the new airport before the completion of the metro bus track from Peshawar Mor to the new airport, which is 20km from Zero Point and over 25km from Saddar, Rawalpindi.

The 26.5km metro bus track project, worth Rs16 billion from Peshawar Mor to the airport is being executed by the National Highway Authority (NHA) and is yet to be completed.

According to an official, the process of procuring buses is also yet to be done and even the PC-I of the project has not been completed yet.

According to sources, contractors will need several months for delivering the buses which have to be manufactured specifically.

He said 70pc of the asphalt work has also been completed along with the road

network for other vehicles so that private vehicles can reach the airport with ease.

During a meeting of a Senate standing committee in January this year, NHA officials had said the metro track from Peshawar Mor to the new airport will be completed by January while civil work and work on the eight bus stations will be done by May. The letter from the Prime Minister’s Office, available with Dawn, says: “While reviewing the progress of the new Islamabad airport, the prime minister has noted with concerns that even though substantial physical progress has been done so far [in the construction of the] metro bus corridor, absolutely nothing has been done so far to contract out procurement, operation and maintenance etc of bus service itself”.

“Since Punjab Mass Transit Authority [the current operator of the RawalpindiIslamabad metro bus] has expressed its inability to operate this project, the prime minister in view of the public interest and the current limitations of CDA has pleased to direct that NHA shall immediately float [the request for proposals],” the letter says.

Courtesy: Daily Dawn

engineer and member concerned workshops.

After completion of balloting, results will be uploaded immediately on websites of Sindh Bank and ASDP. ASDP had started providing subsidy on purchase of wheel type tractors from 2009-10 and so far total 28,264 numbers with a total subsidy of Rs7498.10 million had provided to the farmers of Sindh which covers the cultivation of 948,734 hectors land for e ff i ci e n t f ar m me c ha ni s a t i o n.

Mechanisation is an essential input for agricultural crop production. It started with green revolution but speed was slow because of affordable of the farming community.

Increas ing the mechanisation in agriculture means that more tasks can be completed at the right time and more lands can be farmed to produce better quantities of crops and conserving natural resources.

Daewoo Express Starts Operations on Karachi to Quetta Route

Daewoo Express is the biggest & highly popular bus service operating in Pakistan. It operates in 500 routes in cities of Punjab, Sindh, and KPK. Well, now the good news is that Daewoo Express has started its operations in Quetta, Balochistan as well. So the bus service is now available in all four provinces of Pakistan.

Daewoo Express has launched its Quetta Terminal on May 9th. People living in Quetta can now avail the Daewoo Express bus services and enjoy a safe, reliable and secure ride.

The fare from Karachi to Quetta is Rs1000. If you need any further details relating to this, you can call 0331 1007008 or 021 111 007 008 .

“Daweoo Express now proudly taking you to QUETTA !!!. Launched its Quetta Terminal on May the 9th. Introductory fare from Karachi <=> Quetta is Rs.1000/- only.”

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Toyota and Suzuki agree to discuss projects for tech and market development, vehicle production Japan’s largest car maker Toyota Motor Corporation (Toyota) and Suzuki Motor Corporation (Suzuki) have agreed on Friday to start discussing new joint projects in the fields of technological development, vehicle production, and market development.

India is at the core of this global tie-up after both companies concluded a memorandum of understanding toward business partnership on February 6, 2017. However the announcement of Friday clearly underlines the scope of the partnership goes much beyond India, as both partners intend to use the alliance to tap into the markets of Africa and other global markets.

Toyota and SuzukiNSE 1.63 % have been pursuing concrete forms of cooperation and have announced the mutual supply of vehicles for the Indian market and other joint efforts. Meanwhile, the two companies have also been broadening the scope of t heir partnership considerations to include joint efforts related to production and market development, said the company in a statement The key topics of discussion include Denso Corporation and Toyota to

provide Suzuki with technological support for a compact, ultrahighefficiency powertrain to be developed

by Suzuki.

Toyota Kirloskar Motor Private Ltd. (TKM) to produce models developed by Suzuki for sale in India through each of the Toyota and Suzuki brand network, giving the maker of Innova an ability to utilize its spare capacity and tap into the huge network to sell its own car.

The partnership also intends to expand the scope of agreement beyond India to the African continent. The company added that the supply of models developed by Suzuki, including those to be produced by TKM from India to African and other markets by Toyota and Suzuki, employing each of the Toyota and Suzuki sales networks to sell su c h v e hi c le s, an d a d v an ci n g cooperation in the domains of logistics and services.

On expanding the scope of agreement, Akio Toyoda, president of Toyoto Motor Corporation said Suzuki was the first (among Japanese companies) to enter India, and, together with the people of India, has been a presence for pulling forward India’s automotive society.

“Such represents the spirit of “Let’s do it” that I mentioned when announcing the conclusion of our memorandum of understanding on beginning concrete examinations for business partnership.

Or, as I like to say, Suzuki is a company that puts into practice being The Best in Town,” he added.

Osamu Suzuki chairman of Suzuki Motor Corporation says it is my hope that the new joint projects will contribute to the future success of both companies, not only in India, but also in the global market.

Stressing on using India as a base for exports to Africa Toyoda added that as members of Indian society, Toyota, along with Suzuki, will do their best to enhance freedom and fun in a future society of mobility and to make “Make in India” vehicles cherished in Africa and in many other countries around the world.

“For this, the spirit of “Let’s do it” is necessary. Through our business partnership with Suzuki, I would like to learn more about this spirit,” crediting Suzuki, the small car specialist that has made itself big in the Indian market.

GM Is Building Cheap Cars for China’s Masses For much of the past decade, sales of global automakers were buoyed by demand from China, whose residents have eagerly snapped up locally produced versions of pricey foreign cars such as Daimler’s Mercedes-Benz, Volkswagen’s Audi, and BMW’s namesake sedans. Yet General Motors Co. has not only fared well with its premium-priced Buick line, it’s killing it with Baojun, a made-for-the-mainland brand that sells for as little as $6,000.

There was a method to the down-market move. GM figured the next wave of car buyers in China would come from the smaller cities, especially in the interior of the country, where the middle class is growing and people are buying more cars. Baojun sales are up tenfold since

2013, to 1 million cars last year, more than Chevrolet and not far behind Buick.

GM rode the postwar economic boom in the U.S., when legendary company Chairman Alfred Sloan Jr. had a brand for “every purse and purpose.” Chevrolet was the entry car, with wealthier buyers moving on to Pontiac, Oldsmobile, Buick, and eventually Cadillac. GM is making a similar play in China, with Baojun as the Chevy. “If the smaller cities are growing faster than major cities, we’re positioned for it,” says GM President Dan Ammann. “We’re the only major carmaker there with our own brands and a local brand.”

Growth in China is vital for GM because the company has retrenched in or left several other large markets. In 2017 it

ended almost 90 years in Europe, having lost close to $20 billion there since 1999; last year it also left India, where its profit margins were low; it fled Russia in 2015 in response to political and economic instability.

It’s a far different story on the mainland.

GM and its partners sold 4 million vehicles in China in 2017, about 1 million more than the automaker sold in the U.S. General Motors China Inc. earned about $2 billion last year, about 18 percent of its parent’s global profit.

Annual auto sales in China are expected to increase by 5 million vehicles in five years, to more than 34 million, says researcher LMC Automotive Ltd.

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Toyota to roll into China’s EV market in GAC Motorcar, Auto Information, Automobilnews – Information TOYOTA TO ROLL INTO CHINA’S EV MARKET IN GAC MOTORCAR, AUTO INFORMATION, AUTOMOBILNEWS Toyota Motor Corp is taking an unprecedented route to fulfill China’s stringent inexperienced automobile quotas: its showrooms will promote an electrical car with out the Japanese firm’s distinctive triple-oval emblem.

A s a subst it ute , it ’s goi ng t o characteristic the label of GAC Motor, Toyota’s Chinese language companion, and will probably be constructed round GAC’s lower-cost expertise.

The transfer – a primary for Toyota – will give GAC entry to the Japanese carmaker’s stringent high quality management, status and gross sales channel. For Toyota, it presents a fast technique to meet Beijing’s necessities that such autos characterize 10 p.c of an auto producer’s manufacturing by 2019.

In accordance with two firm executives conversant in the matter, Toyota plans to begin promoting the GAC Toyota ix4 by the tip of the 12 months. The automobile is a battery-powered compact SUV based mostly on GAC’s Trumpchi GS4, and has been in growth for 2 years.

Promoting a automobile derived from a Chinese language companion’s car would have been unthinkable only a few years in the past. However the thought gained momentum at Toyota due to the Chinese language authorities‘s push to get extra electrical autos on the street, the executives mentioned.

The federal government mandates have spurred different new alliances, resembling Ford Motor Co’s settlement to develop electrical autos with Zotye Vehicle Co. Ford is ready for regulatory approval for its partnership, which requires designing and manufacturing a number of collectively developed no-frills EVs and promoting them by a brand new China-only model.

Additionally Learn: Toyota, Hyundai, Ford lead 9.6% European automobile gross sales acquire It wasn’t instantly clear which elements

of the ix4 Toyota would supply, or which firm’s design requirements had been used. High quality consultants say GAC vehicles fee comparatively excessive.

In accordance with Jeff Cai, a Beijingbased senior director at JD Energy & Associates, a few of GAC’s vehicles, such because the Trumpchi GS8 corssover SUV, already stack up nicely head-tohead with autos marketed by world automakers.

“The GS4 is an efficient automobile with acceptable high quality,” Cai mentioned.

He added that the GS4 ranked No. 1 amongst Chinese language manufacturers and No. three amongst all manufacturers for preliminary high quality within the compact SUV class.

One query, nonetheless, is GAC vehicles’ longer-term reliability and d ep en d abi li t y, C ai men t io ned .

Underneath the brand new Chinese language laws taking impact subsequent 12 months, carmakers should amass credit for so-called new-energy autos equal to 10 p.c of annual gross sales by 2019. That stage rises to 12 p.c for 2020.

New-energy autos are outlined as allelectric battery and plug-in electrical hybrid vehicles.

Though the ix4 offers Toyota a less expensive and faster technique to meet the quota, it additionally reveals the corporate’s nervousness about getting a toehold within the Chinese language EV market earlier than its personal allbattery car is on the market in 2020, t rad e offi cers an d consultant s mentioned.

“It is a artistic resolution to a crucial challenge all automakers face in China: tips on how to meet the strict manufacturing quotas for electrical vehicles,” mentioned James Chao, Shanghai-based Asia-Pacific head of consultancy IHS Markit.

Till just lately, Toyota was one of many trade’s main hold-outs towards full electrification. The corporate had deliberate to kind of skip battery-

powered vehicles and switch as a substitute to hydrogen fuel-cell expertise as a mainstream various to gasolinefueled vehicles.

However China’s seemingly inexorable drive in the direction of electrical vehicles modified that perspective.

On the Beijing auto present final month, Toyota unveiled plug-in electrical hybrid variations of its Corolla and Levin, as a result of go on sale in 2019. The corporate can also be growing an allelectric battery automobile of its personal, which the corporate has mentioned ought to hit the market in 2020.

“All this implies our partnership has entered a brand new section,” the second Toyota government menti oned.

The GAC-Toyota three way partnership, established in 2004, has all the time produced and bought Toyota autos modified to promote in China or Chinaonly Toyota vehicles.

To make sure, trade officers and analysts consider GAC Motor vehicles such because the Trumpchi GS4 have been developed by finding out world manufacturers’ vehicles, together with these from its companions Toyota and Honda Motor Co. Toyota is negotiating to execute an analogous EV take care of its second companion, FAW Group, however nothing has been finalised, in line with the primary Toyota government.

Each executives declined to supply different particulars, together with a goal gross sales quantity for the allelectric automobile or a pricing technique for it. Toyota will assemble the car at a manufacturing facility in Guangzhou.

The second government mentioned, nonetheless, that Toyota and GAC Motor must promote a “pretty sizable quantity” of ix4s to assist the Toyota-GAC three way part nership meet Beijing’s quotas.

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Automotive News - Update

Joylong Set to Launch Commercial Vehicles in Pakistan with “More Features at less price” Joylong, a Chinese automobile company, is set to launch its light commercial vehicles in Pakistan and says that its vehicles will be priced much lower than existing Japanese companies in order to eliminate their monopolizing reign.

Joylong Pakistan, Jiangsu Joylong Automobile Co Ltd.’s local subsidiary, will start trading in the country by importing CBU’s (completely built units). It says that it will bring four different variants of coasters and Hiacelike vans.

We have decided to target the commercial aspect of Pakistan’s auto industry after thorough studies by both our Pakistani and Chinese counterparts.

The variants we are offering have added features with half the price of currently available commercial vans; this will definitely break the monopoly of Japanese manufacturers.

Joylong Deluxe, a 5.38 meters long van with modern safety features and a 3.0L diesel engine.

Localized Production

companies enjoyed an extensive

Joylong Automobiles is a Jiangsu-based company that supplies its products both locally and internationally through its dealers and manufactures commercial vehicles, their parts, and offers other related services. Pakistan is readily growing its trade and economic relations with China, Meghani believes that the Chinese will now lead the local auto sector just like the current Japanese

monopoly over the years.

The chairman further stated that Joylong Pakistan will start localizing its products, instead of importing CBUs, after the market strengthens. The company plans to “go for production after three years of business and experience in Pakistan.”

Suzuki and Toyota Stop Selling Cars to Non-filers Individuals and corporate firms both are included in this. Nonfilers have been suspended from buying a vehicle in Pakistan.

The decision has been taken in accordance with Finance Act 2018 bill which prevents non-filers from booking and purchasing new vehicles from July 1, 2018.

Finance Bill FY19 states, “Any application for booking, registration of purchases of a new locally manufactured motor vehicle or first registration of an imported vehicle shall not be accepted or processed by any vehicle registering authority of excise and taxation department or a manufacturer of a motor vehicle respectively, unless the person is a filer.”

Pak Suzuki has issued a letter to all its authorized dealers and ordered them to stop booking vehicles for the non-filers. The order is effective immediately.

Toyota has also issued a similar notice urging its customers to file for tax.

Toyota IMC notice said, “To avoid any possible delivery delays or cancellations of vehicle orders, we would like to humbly request all of our valued customers to ensure that they change their status as tax-filers. This will enable us to continue delivering our highest level of service to you now and in the future.”

Honda Atlas has not issued any notice yet but as per a dealer soon a notice will be issued by Honda as well. Furthermore, distributors are asked to inform the banks not to accept any orders from the non-filers anymore.

For the vehicle deliveries from July onwards, the customers would have to change their status to a filer. As per industry experts, 60% car buyers are non-filers while the rest are filers. Thus this decision will negatively affect the auto industry.

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International Automotive News - Update

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Foton Motor and Piaggio Group signed an agreement for the development of light commercial vehicles Foton Motor and Piaggio Group held the signing ceremony on the joint development project of new light-duty commercial vehicle product in Italy. This agreement was signed jointly by the Vice President of Foton Motor Group and CEO of Foton International, Mr. Chang Rui, and the Chairman and CEO of Piaggio & C. S.p.A. (PIA.MI), Roberto Colaninno.

Since 2016, Foton Motor and Piaggio Group have signed a Memorandum of Understanding and a Framework Agreement in succession. The final signing of this agreement symbolizes that the two parties have sufficiently completed the project feasibility analysis and officially entered the implementation stage of new product development. The European market is an important sector for the global layout of Foton Motor. The new product development project with Piaggio Group this time is not only a strategic solution of Foton's global diversification but also demonstrates Foton's resolution for the expansion of European market.

Piaggio Group is the largest motorcycle manufacturer in Europe, with the production and sales volume of twowheel motorcycles ranking first in the European market, and it is expanding rapidly in the field of three and four-wheel light-duty commercial vehicles.

In 2017, its global sales volume of commercial vehicles hit 176,800 units.

As China's first commercial vehicle manufacturer, Foton Motor is engaged in the operations of whole-series commercial vehicles, including mediumduty and heavy-duty trucks, light-duty trucks, VANs, pickups, and buses, Foton Motor has established joint ventures with world-leading manufacturers, including Daimler, Cummins, and ZF,

and has more than 1,000 sales and service networks for coverage of 110 countries and regions worldwide. Always leading the trend of China's commercial vehicle industry around the world, Foton Motor presently is int egrat ing i nformation techno logy and manufacturing technology and aiming to realize intelligent products, intelligent plants, and intelligent management.

The cooperation between Foton and Piaggio Group this time is an important milestone for the joint expansion of the European auto market for the two parties. By taking this opportunity, Piaggio Group will realize the upgrade of commercial vehicle products in the European market and at the same time play an active role in its expansion of market business and consolidation of market position.

The new four- wheel li ght- duty commercial vehicle products for the European market are based on the present mini-truck product platform of Foton Motor, inherit the advantages of

Foton Motor's mini-trucks in terms of product quality, driving/riding comfort, and fuel-economy, and combine the world's cutting-edge technologies to launch all-new logistics and passenger transport solutions and complete the all-new "Last Mile" city logistics ecosphere. In the future, the two parties will, at an appropriate time, develop the new electric vehicles with intelligent interconnectivity system and, as appropriate, enter the Middle East, Southeast Asia, Central and South America, and Africa markets.

The Sino-European cooperation proves that Foton Motor not only boasts worldleading lean manufacturing system but also incorporates rich product lines and globalized development capability. This cooperation is one small step for Foton Motor to continuously carry forward the globalization strategy for the European market and is also a giant leap toward intellectual property technology output advocated by "Made-in-China 2025".

SOURCE Foton Motor Group

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Prices of Suzuki, Yamaha, Honda bikes increased – Revised Prices Due to rupee depreciation, the retail prices of Suzuki, Yamaha and Honda bikes kept on increasing in Pakistan. In the first three months of 2018, the outrageous price hike was witnessed.

Suzuki GR-150cc price increased by Rs 3000 to Rs2,22,500. Earlier the price o f t h e s ame m od e l bi k e wa s Rs219,000/unit.

Similarly, Rs 8500/unit price increase was seen in other Suzuki bike in the first three months of 2018.

The revised prices of Suzuki GS 150SE, Suzuki GS 150cc, and Suzuki GD-110s is Rs167, 000, Rs147, 00 0, and Rs139,500 respectively.

Similarly, in the first three months of 2018, the price of YB125z increased by Rs2,000 to Rs117,900.

Other two models witnessed an increase of Rs 4000 as Yamaha YBR125G price increased to Rs137,900 and YBR125 price increased to Rs133,900 Now coming to Honda bike prices, Honda CG125 price went up from Rs107,500 to Rs109,000.

Honda CG125 Dream price went up by Rs1,500 to Rs108,400.

Price of Deluxe 125 increased by Rs 3000 to Rs129,500 and the price of CB 150F increased by Rs 6000 t o Rs165,000.

As per the bike dealers, the increase in prices is largely attributed to 10% rupee depreciation against the dollar since December.

A dealer said, “Despite the increase in price the demand would not be subdued

as low-income group prefers the cheaper mode of transport, while there is too shortage of public transportation.”

The data of Pakistan Automotive Manufacturers Association displays that motorbike sales increased in the first ten months of the current fiscal year. In July to April period, the motorcycle sales were 976,492 units while in the same period last year the sales were 817,252 units.

For the first time, Honda recorded monthly sales of above 100,000 units in the months of January, March, and April. Also, sales of Suzuki went up by 16.8% to 17,811 units in first ten months of 2017-18 fiscal year.

Newly-imposed restrictions: Local auto industry’s sale may decline The local auto industry may suffer decline in its sales in case the newlyimposed restriction comes into effect that only filers are allowed to buy locally manufactured motor vehicles. As per estimates of the auto industry, the loss to the industry revenues has been estimated to be of 225 billions of rupees with accompanying loss to government revenues, jobs and plant closures.

It may be noted that the recently announced Federal Budget FY18-19 introduced a new Section 227-C in the

Income Tax Ordinance: a restriction on vehicle buying/bookings by non-filers which would effectively reduce the overall automobile market size to the level of 1.2 million from 220 million.

Sources in the auto industry said that this condition will severely hit the auto industry as filers make only 40% of the market at the moment and the rest 60% consists of non-filers. With this condition in place, 60 percent buyers will be denied by law to purchase any motor vehicle and will be suddenly out

Atlas Honda to invest $15 million to boost production Atlas Honda sold 838,395 motorcycles during the first nine months (July-March) of the current financial year 2017-18.

Atlas Honda Limited on Monday announced it will invest $15 million to increase the installed production capacity up to 1.5 million units per annum for motorcycles.

In a notification sent to the exchange on Monday, “Atlas Honda Limited, a joint venture of Atlas Group and Honda Motor Company, is pleased to announce an investment plan for the expansion of its motorcycle operations in Pakistan. In its meeting held on 30th April 2018, the Board of Directors of the company approved a two-year phase wise expansion plan to increase the installed capacity of the company up to 1.5 million units per annum. The project cost is estimated at USD 15 million.”

According to Pakistan Automotive Manufacturers Association (PAMA) latest data, Atlas Honda sold 838,395 motorcycles during the first nine months (July-March) of the current financial year 2017-18, registering an 18 percent rise over the same period last year.

Atlas Honda is a Pakistani motorcycle manufacturer owned by Atlas Group and Honda Motor Company and based in Karachi, Sindh, Pakistan since 1962. It is the largest motorcycle assembler and a market leader in Pakistan.

The company shares closed the day trading at Rs630.79, up Rs21.79 (+3.58 percent).

KSE-100 index closed the day at 45,488.86 points, down 53.82 points (-0.12 percent) on last Monday.

of the market. The market will thus shrink down to just 40% and it would not be a profitable business for the OEMs any more. "Furthermore, currently withholding tax on non-filers at vehicle registration is almost 100% higher in comparison with a filer."

Former chairman Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) Amir Allahwala regretted that the government is not supporting local industry and ignoring consequences of the impact as "60 percent buyers of motor vehicles are non-filers while 40 percent are filers," he added. "Our sales will collapse if 60 percent non-filers fail in lifting our locally made vehicles," he feared. He also highlighted the discriminatory favour to the used car traders as this condition does not apply on used car buyers.

Pakistan Automotive Manufacturers Association (PAMA) Director General Abdul Waheed Khan also seconded the impact and said "if a filer, out of total 1.2 million, buys a vehicle once in five years, the yearly sales are expected to go down to about 240,000 units against the current projected figure of 350,000 units".

"If this condition takes effect, all industry volume projections to 550,000 units under the Auto Policy 2016-21 will be lost," he said and proposed different tax rates for filers and non-filers for the next five years encouraging the filing citizens to pay comparably less tax on their vehicles.

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Customs duty on import of electric cars cut to 25% In line with the world trend that is rapidly shifting towards environmentfriendly electric cars, the government of Pakistan on Friday announced some facilitation measures to cut costs and encourage the use of such clean vehicles in the country.

This came at a time when several new players were gearing up to enter the auto industry of Pakistan by taking advantage of the auto policy announced in 2016.

“To promote environment-friendly electric vehicles, an enabling fiscal environment for related infrastructure is necessitated. It is, therefore, proposed that 16% customs duty on charging stations for electric vehicles may be withdrawn,” announced Finance Min ister Mi ftah Ismail du ring the budget speech for fiscal year 201819.

“Customs duty on the import of electric cars is proposed to be reduced from 50% to 25%, in addition to exemption from 15% regulatory duty. Import of CKD (completely knocked down) kits for the assembly of electric cars in the country

is proposed at 10%,” he said.

These measures are in addition to the incentives already announced in the Auto Development Policy for 2016-21 that has been widely praised.

Kia, Hyundai and SsangYong Motor Company of South Korea, Germany’s Volkswagen, France’s Renault and Japan’s Nissan have announced plans and formed partnerships to enter Pakistan’s auto market, most probably in the next one year.

Local importers like United Motors and Sazgar, the manufacturers of two-wheel and three-wheel vehicles, have also made plans to enter the country’s lu cr at i ve f our - whe el i n dus t ry .

Market talk suggests that a new entrant is aiming to introduce electric cars and the government’s budget measures are also expected to encourage existing manufacturers to enter this arena.

“Electric cars are the future of the auto industry,” remarked Wasif Safdar, who imports used cars for resale.

He said a few used Nissan Leaf electric cars had already been brought to the

3000 women to receive motorcycles in Punjab At least 3,000 women will be given motorcycles after completing their training as per the Women on Wheels programme in Punjab, reported press media.

Punjab Strategic Reforms Unit Head Salman Sufi said that the provincial development forum along with the Planning and Development Department have funded Rs80 million for the distribution of motorcycles among women.

In the first phase, 700 women will be given red motorcycles manufactured by Honda and the distribution of motorcycles to 300 women will begin from May 13.

In the second phase, 1,000 women will get bikes whereas 1,300 women will receive their share in the last phase.

According to the plan, the motorcycles are being given to women in five districts

of Punjab which include Lahore, Faisalabad, Rawalpindi, Multan and Gujranwala.

On May 13, a women motorbike riders rally will also take place in which civil s ociet y would p art ici p at e too .

Sufi said the motorbikes will facilitate t he women working in several departments and would boost their selfreliance apart from the sense of protection.

The Women on Wheel projects began in 2015. Rs27,000 advance was taken from the women applicants and they will even have to pay Rs1,800 as the monthly instalment.

Annually, they would have to pay Rs49,600 in total which also includes registration fee and insurance of the motorcycle.

Moreover, women have undergone free motorcycle riding training.

Karachi port, but because of high duty, their importers defaulted on payments and the cars were later auctioned. “If electric cars have 0cc engine capacity, then how could customs duty be imposed on them,” he asked.

Customs duty slabs for imported cars are defined on the basis of their engine capacity. All Pakistan Motor Dealers Association Chairman HM Shahzad welcomed the budget measures, terming them positive. “No change has been made for the import of used cars and the business will go on as before,” said Shahzad.

Importers of used cars were a bit uneasy before the budget speech, fearing the government might take some adverse steps.

A few months ago, the government had restricted the import of used cars in an effort to ease the pressure on foreign exchange reserves. However, when thousands of cars were left stranded at the port, the government was forced to revisit its decision and things returned to normality later.

Japan donates 14 buses to KP government Japan has donated fourteen buses for welfare of women folk in Khyber Pakhtunkhwa, reported by local media.

Japanese Ambassador to Pakistan, Takashi Kurai handed over the buses to Chief Minister Khyber Pakhtunkhwa Pervez Khattak in Peshawar.

These buses will be run in Peshawar and Abbottabad exclusively for women.

Speaking on the occasion, Pervez Khattak said the women bus service will also be extended to other districts of the province

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Panther Participates in corporate events - Update

Monthly AutoMark International

Panther Tyres Limited has been Awarded with FPCCI Brand of the Year Award 2017 Panther Tyres is winner of this award for consecutive 5 years

Mr. Imran Ali (BUH â&#x20AC;&#x201C; Motorcycle Tyres) is receiving their Trophee from Chief Guest Dr. Miftah Ismail Ahmad (Federal Minister for Finance, Revenue & Economic Affairs) on the FPCCI Brands of the Year Award 2017-18 held on 12th of May 2018 - Saturday in Karachi

PANTHER TYRES PARTICIPATES IN AUTOMECHANIKA DUBAI 2018 Panther Tyres Limited, took part in Automechanika Dubai 2018 during the month of May-2018.

Over 2000 exhibitors from the Middle Eastern and African regions took part in the grand expo.

This international expo earmarked the footprint of Panther Tyres Private Limited into the rapidly developing automotive aftermarket in Middle East and Africa. The event provided multiple opportunities for the Group to showcase their products internationally.

Existing customers of Panther Tyres from Afghanistan and Gulf also visited the Panther exhibition in the Automechanika Dubai 2018.

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Lubricants Introduction - Event

Monthly AutoMark International

Two new variants of Shell Helix premium lubricants range launched; Helix Ultra 5W-20 and Helix 0W-20

Mr.Haroon Rashid,Business Manager Lubricants, Shell Pakistan Limited (8th from Right), Mr.Habib Haider, Head of External Relations, Shell Pakistan Limited (9th from Left), Ms.Nadia Haseeb, Head of Marketing, Shell Pakistan Limited (7th from Left) and Mr.Conrad Mummert, Lubricants Cluster Marketing Manager (Middle East, South Africa and Pakistan) (8th from Left) along with Shell Pakistan Limited team at the launch of Shell Helix Lubricants

Shell Helix paints 300 speed breakers as a part of its DRIVEONPAKISTAN campaign Shell Helix, fully synthetic motor oil – Shell’s most a d v a n c e d formulation for h i g h performance e n g i n e s launched its #DRIVEONPAKISTAN campaign in February with the objective of creating a safety mindset amongst the citizens of Pakistan,to transform their driving experience and make the roads safer.

Through this campaign, 1.2 million citizens pledged to different safety behaviors on the road and took responsibility for their driving to improve overall roads standards in Pakistan. This includes important and life-saving habits like wearing a seat belt, adhering to traffic laws, reduce speeding near schools, not using mobile phones while driving, ensuring infants are strapped in car seats and valuing

safety above all other commitments while behind the wheel.

To reduce the risk of accidents or damage to vehicles,300 speed breakers were painted in various cities of Pakistan to enhance the visibility of these speed bumps.

Shell collaborated with renowned celebrities, organizations and local traffic police across multiple cities to drive adherence to traffic laws. 4,500 school children were engaged on Road Safety rules to help inculcate these behaviors in the drivers of tomorrow.

Shell also recognizes that today’s vehicles need a motor oil that keeps pace with their changing demands and does more to improve performance and engine life. Shell Helix with its cuttingedge technology also introduced two new variants of its premium plus portfolio Helix Ultra 5W-20 and Helix 0W-20 that will be available pan-Pakistan across all distribution channels.

Shell is recognized as the world leader in lubricant technology with its unrivalled investment in lubricant R&D and experience that extends over 100 years. With 350 lubricant research specialists working in six laboratories around the world specialists in base oils, additives metallurgy, chemistry and fuels are brought together to develop optimum blends. Whether for a Ferrari Formula One racing car or a family car, Shell Helix Technology helps to keep the engine running as the designers intended-at maximum efficiency.

At the event, Business Manager Lubricants, Shell Pakistan Limited, Haroon Rashid shared “These products are blended with Shell’s patent technology PUREPLUS base oil and is geared towards providing fuel efficiency with lower carbon emissions with active cleansing agents that clean your engine while you drive.”

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Inauguration Ceremony - Media Coverage

Monthly AutoMark International

Inauguration Ceremony of BYCO OGRA compliant ADR fleet, Isuzu FVZ HD Euro3 Primemovers (360 HP) delivered to DTOD logistics another milestone

by Ghandhara Industries Ltd - Isuzu Trucks

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By Mr Muhammad Zahid Iqbal Malik

Monthly AutoMark International

Life is worthy A woman’s voice I had a call from Mr Nadeem Khan who has been working with Ham Sab TV in recent past. He shared a story where one of his relative had died just two / three days back. She was travelling (as a co-rider) on a motorcycle with her family member. She died due to injury and other was able to be with usbecause his injury was not serious.

I personally believe that the main issue is awareness and discrimination can be a secondary factor.

Awareness because the use of helmet in Pakistan is not very common. Moreover, the selection of proper and good helmet is also a question mark for majority here.

Even lot of groups and riders sharing their pictures at Facebook are noted while using improper helmets and other safety gears.

Awareness in a sense that many of the riders think that as they handle the motorcycle and only they can have problem, so they (only) need helmet.

They believe that co-rider (women in most cases) or children with them do not need helmet or other safety gear.

I cannot ignore the discrimination. It is still there, specially where mind sets are designed by old thoughts and believes.

The woman is not given value or importance as compared to man of her family. But we must understand it is the road, it is the environment that does not have any discrimination while in accidents etc. The situation will not spare a woman, it will treat both equally.

Now if we consider the technical side of the problem. We can find that the corider looks like as if he / she is at more risk. The rider / handler knows the situation and can respond to the situation till last moments. But on the

Safety Department of Pakistan Bikers Club request to Provincial and Federal Government and if needed to CJP also, to instruct the stake holders to think about this and suggest a decent solution.

other side the co-rider, who is sitting behind the handler does not have knowledge or gets the information little late, so will not be in a position to respond to the situation at right time.

In other words, he / she might be late.

Considering the sitting posture of women in Pakistan, the situation is worse. How? Because they have their face to one side, that in actual situation is heading downwards. So she will be the last person to know what has happened, if there is a mishap. Is this a kind of punishment for her? Definitely no, but for some of us, this is a thinking that she does not need the helmet may be without any reason.

I being Head of Safe Riding – Road

My advices about this are: - Helmet to be a must for all (rider & co-rider), - Heavy fine to be imposed if not managed, - Under age riding / driving must be banned, - Heavy fine and punishment if found, - Minimum duty & taxes for import of helmets, - Zero rated taxes & duties for machinery for helmet making, - Government to instruct PSQCA, EDB etc to announce teams for checking of quality of helmets, - Government through PSQCA and EDB to instruct motorcycle manufacturers to consider female co-riders (females) and install grill for female clothing at rear and take other steps where needed.

This is not a minor issue, it’s a very serious matter. We all will have to take it the way we should. I request all the stake holders to come one step ahead, Pakistan Bikers Club has already taken steps and will do anything possible if requested. But please be serious now, its matter of lives.

Last but not least is my request to stars of society to not to share message through any act, which leads to unsafe riding..

Written by: Mr Muhammad Zahid Iqbal Malik, Founder & Head of Safe Riding – Road Safety, Dept. Pakistan Bikers Club. mzimlhrpk@gmail.com, +92 324 615 0009

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International Automotive Industry - Update

Monthly AutoMark

Honda to transfer stake in Honda Automobile (China) to GAC Honda

Honda City CVT diesel could be launched soon in India Following successful launch of Honda Amaze diesel CVT option, which was the first car in its segment to receive a CVT gearbox for its diesel variant, Honda Cars India now gears up for launch of Honda City CVT diesel.

As on date, the Honda City CVT petrol is on sale and equipping Honda City diesel with a CVT will allow it to compete against the Hyundai Verna. Considering the rise in demand for automatic cars, Honda has stated that they have the technology, and if their buyers want CVT diesel, they will not hesitate to Honda Amaze Diesel CVT is powered by a 1.5 liter i-DTEC, turbocharged diesel engine offering 80 bhp power and 160 Nm torque. It is this same engine that will be making its way to the Honda City CVT diesel, which will be launched in two variants – VX and ZX. Expect the City Diesel CVT to be more powerful, and deliver the full potential of 100 PS from the EarthDreams engine. Once launched, expect them to be priced between Rs 15.5-16.5 lakhs.

Toyota to support Suzuki’s hybrid Toyota Motor Corp. has agreed to provide technological support for the engines of hybrid vehicles being developed by Suzuki Motor Corp. for sales in the Indian and other markets, the two Japanese companies said last week.

The move, also to be joined by Toyotaaffiliated auto parts maker Denso Corp., is part of the automakers’ business tieup accord announced in February 2017.

Toyota and Suzuki also agreed to produce Suzuki-developed compact vehicle models at a Toyota joint venture in India. They will be sold in the South Asian country through the brand network of each company.

The two companies are also considering a plan to export to Africa Suzukideveloped models from India, including the ones to be made at the Toyota joint venture.

Japanese automaker Honda will sell its stake in Honda Automobile (China) to GAC Honda, a joint venture with GAC group, valued at about RMB 602 million (around $94.7 million), according to Honda's statement released on May 17.

The stake to be transferred this time includes 55% from Honda and 10% from Honda Motor (China) Investment Co., Ltd. The stake transfer, with the aim of enhancing the operational efficiency of Honda's auto businesses in China, will be conducted in August this year after receiving regulatory approval from China's government.

In the near future, GAC Honda is going to take over Honda Automobile (China)'s plant in Guangzhou, the capital of Guangdong Province, which will be upgraded and retooled to enlarge GAC H o n d a ' s p r o d u ct i o n c ap a c i t y .

Honda Automobile (China) was founded in 2003 by Honda (55%), Honda Motor (China) Investment Co., Ltd (10%), GAC Group (25%) and Dongfeng Motor Corporation (10%).

At the end of last year, GAC Group approved a deal to transfer its 25% stake in Honda Automobile (China) through the open market to GAC Honda. The minimum price for the stake transfer was around RMB 231.6 million. The group also announced that GAC Group will acquire 100% stake in Honda Automobile (China) through open market and agreements.

Then on January 2, 2018, Dongfeng Motor Corporation put its 10% stake in Honda Automobile (China) on the market for sale. Once GAC Honda completes the stake acquisition from the above four shareholders, Honda Automobile (China) will become the wholly-owned subsidiary of GAC Honda.

According to relevant data, GAC Group delivered a total of 730,600 vehicles last year (excluding the deliveries of Acura).

It could be expected that GAC Honda's annual production capacity will be elevated from the current 60,000 units after the completion of the stake acquisition and plant upgrading.

Toyota chief hopes to help Japan automakers keep tech edge Toyota Motor Corp. chief Akio Toyoda, tapped to head the Japanese auto industry association, promised Friday to lead a push among manufacturers to keep a competitive edge in emerging technologies such as zero-emission and autonomous driving.

Japanese companies are among the world's top automakers, but some are worried whether they can maintain that lead amid major technological shifts that allow the entry of newcomers, including those out side the aut o sector.

Toyoda, the new chairman of the 14mem be r J ap a ne se A ut o mob i l e Manufacturers Association, acknowledged that new competitors have plentiful cash and tend to be quick.

He did not give examples, but among such big names are Google Inc., with its Waymo self-driving car spinoff, and ride-hailing service Uber.

"Whether we can stay competitive is an important challenge for Japanese automakers," he told reporters, adding that he views the new technologies as opportunities. "Japan is not falling behind."

Toyoda said Japan leads the world in "electrified vehicles," including hybrids and plug-ins with pure electric vehicles, and isn't lagging behind China, more widely associated with the electric-car drive.

Although China has far more electric cars on its roads than does Japan, hybrid vehicles are extremely popular in Japan.

Toyota, which recently reported record profits for the fiscal year through March, makes the world's best-selling hybrid, the Prius. Hybrids have gasoline engines in addition to electric motors, and aren't zero-emission.

Toyoda, the grandson of Toyota's founder, is the first to lead the industry group twice, having served from 2012 to 2014.

The group includes truck makers such as Mitsubishi Fuso and second-tier Mazda Motor Corp., as well as Nissan Motor Co. and Honda Motor Co. Toyoda said the high cost of car ownership in Japan, including taxes, parking and insurance, must come down to reverse the longtime decline in the domestic market.

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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/=

125/150/200cc 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.

24.

25.

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 Super Power SP 200cc 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 (2018) Yamaha YBR-125 Crown CR-125 Zxmco ZX-125-Euro II Zxmco ZX-200cc

Rs. 109,000/= Rs. 129,500/= Rs. 108,400/= Rs. 165,000/= Rs. 70,000/= Rs. 67,000/= Rs. 108,000/= Rs. 180,000/= Rs. 69,000/= Rs. 140,000/= Rs. 2,00,000/= 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. 117,900/= Rs. 137,900/= Rs. 133,900/= Rs. 65,000/= Rs. 71,600/= Rs. 2,45,000/=

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. Brand &Model Name 1. Honda Pridor 2. United US-100 Euro 2 3. Road Prince 110cc 4. Unique UD-100 5. Super Power SP-100 6. Hi-Speed Classic SR-100 7. Hi-Speed Alpha SR 100 8. Super Star SS-100 9. Crown CR-100 10. MS JAGUAR MS 100 11. Zxmco ZX-100-SS 12. 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. 82,000/= Rs. 57,000/= Rs. 52,000/= Rs. 48,800/= Rs. 51,600/= Rs. 52,900/=

Suzuki Motorcycle Sr./ Product & Retail Price No. Model Name 1. GS-150 SE Euro-II Rs. 167,000/= 2. GD 110s Euro-II Rs. 139,500/= 3. GS-150 Rs. 147,000/= 4. GR-150 Rs. 222,000/= 5.

Heavy Bikes Product & Sr./ Retail Price Model Name No. 1. Inazuma GW 250 Rs. 599,000/= 2. Intruder M800 Rs. 1,700,000/= 3. Hayasuba GSX1300R Rs. 2,600,000/= 4. Bandit GSF650SA Rs. 15,50,000/= 5. Honda ADA CB250F Rs. 6,40,000/=

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Monthly AutoMark International

Corporate Business Event Update

Signing Ceremony between Al-Haj FAW Motors (Pvt) Ltd., and JS Bank Limited held on 9th May-2018 in Karachi

United Motorcycles, Annual Sales Conference headed by Zia Ullah Ch (Director Marketing & Sales) held on 19th May-2018 at Faletti's Hotel Lahore

Exide Pakistan Awarded with FPCCI Brand of the Year Award 2017

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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 VXR 800cc SUZUKI SWIFT 1.3L DLX SUZUKI SWIFT 1.3L Automatic NEW CULTUS VXR MT 1000cc NEW CULTUS VXL MT 1000cc NEW CULTUS VXL Auto 1000cc BOLAN VX 80cc EURO II BOLAN CARGO RAVI PICK-UP STD 800cc E2

SUZUKI MEGA CARRY 1.5 MT SUZUKI CIAZ (A/T) 1400cc SUZUKI CIAZ (M/T) 1400cc JIMMY 1328cc JLSX MT APV 1.5L GLX MT (Petrol) VITARA GL+ AT 1.6 VVT

Advance Tax

Rs. 1047,000 Rs. 1164,000 Rs. 709,000 Rs. 762,000 Rs. 1,405,000 Rs. 1,541,000 Rs. 1,270,000 Rs. 1,391,000 Rs. 1,528,000 Rs. 784,000 Rs. 750,000 Rs. 726,000 Rs. 1,499,000 Rs. 1,999,000 Rs. 1,859,000 Rs. 2,142,000 Rs. 2,418,000 Rs. 3,490,000

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

Rs. 10,000 Rs. 10,000 Rs. 10,000

TOYOTA COROLLA

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 i-VTEC 1.8L Civic i-VTEC Oriel 1.8L City 1.3L Manual City 1.3L Prosmatec HYUNDAI City 1.5L Manual City 1.5L Automatic Aspire Manual 1.5L Aspire Prosmatec 1.5L

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

25,000 25,000 10,000 10,000 50,000 50,000

2,263,000 2,363,000 Price 2,513,000 2,663,000 1,713,000 1,853,000 1,773,000 1,913,000 1,903,000 2,043,000

Model XLI VVT-i 1.3L M/T GLI VVT-i 1.3L M/T GLI VVT-i 1.3 A/T ALTIS 1.6L Dual VVT-i A/T ALTIS 1.8L Dual VVT-i A/T Corolla Altis M/T SR 1.8L (Grande CVT) Corolla Altis A/T SR 1.8L (Grande CVT) FORTUNER A/T 4x2 2694CC

Model

Price

Rs. 849,000 K01 997CC, 2700mm K07 997CC, 6 Seater, AC/PS/PW Rs.1,049,000 C37 1500CC, 11 Seater,AC/PS/PW Rs.1,599,000

Price 1,899,000 2,054,000 2,129,000 2,279,000 2,469,000 2,519,000 2,669,000 5,857,000

Toyota Hilux Pickup 4x2 sc Model

Price

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

Rs. 2,574,500

Toyota Hilux Pickup 4x4 E Model

PRINCE DFSK PAKISTAN

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

Price

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

TOYOTA REVO DAIHATSU Model & Price

Vigo Champ-V MT Revo G M/T 1GD-FTV 2755cc 4,380,000 Revo V A/T 1GD-FTV 2755cc Vigo Champ-G AT 4,955,000

Rs. 4,005,000

FAW MOTORS Price

Model

FAW Carrier 1000cc FAW Carrier 1000cc (Flat Bed) FAW X-PV 1000cc Std FAW X-PV 1000cc A/c FAW V2 1300cc M/T Monthly AutoMark Magazine - International Local Assembled

Rs. 819,000 Rs. Rs. Rs. Rs.

809,000 919,000 969,000 1,154,000

Price updated May- 2018

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International Automotive Industry - Update

Monthly AutoMark

China, Japan Protest US Probe Into Need for Auto Tariffs

Despite its sluggish sales, Honda might consider bringing the new Accord to India as a halo model

C h i n a , J a p a n p r o t e s t T r u mp administration probe into need for auto tariffs on national security grounds.

China and Japan both condemned Thursday the Trump administration's decision to launch an investigation into whether tariffs are needed on imports of vehicles and automotive parts into the United States.

China's Commerce Ministry said Beijing would "firmly defend" its rights and interests against what it called the Trump administration's abuse of national security provisions in trade.

U.S. vehicle imports, will continue to

The Honda Accord nameplate made a comeback in India in 2016 but with a heavy asking price which was further inflated with increased taxes on hybrids post the GST rollout. The ninth-gen Accord now retails at a staggering Rs 43.21 lakh (ex-showroom Delhi), which makes it more expensive than the base BMW 3 Series and Audi A4! Not surprisingly then, the Accord didn’t open its sales account for the month of the April 2018.

Until now, only the left-hand drive versions of the tenth-gen Accord were under production as the Japanese carmaker had eyed this model for the US and China as its primary markets.

But Honda might actually change that soon as Stephen Collins, director of Honda Australia, has reportedly said, "There just isn't any right-hand drive production. That will change and we're likely to source our cars from Thailand."

The Report describe Motorcycle Startstop System Introduction, product scope, market overview, opportunities, risk, driving force also to analyze the top manufacturers, with sales, revenue, and price, market type and application, with sales market share and growth rate by type, application, from 2018 to 2025

by Regions North America, China, Europe, Southeast Asia, Japan India.

The research report on Motorcycle Startstop System Market 2018 Research, released by Fior Markets is an actual business decision making instrument for its offerings. The Motorcycle Startstop System market valued at USD XX million in 2017 and is expected to reach USD XX million by the end of 2025, growing at a CAGR of XX% between 2017 and 2025. The base year

Honda To Start Production of Tenth-Gen RHD Accord In 2019; Could Be India-bound

Global Motorcycle Start-stop System Market 2018 Bosch, Yamaha Motor, Honda, Hero Motocorp, Shindengen

Toyota to build fuel cell stack plant, ramp up fuel cell vehicle sales from 2020 The plant will be built on the grounds of its Honsha Plant in Toyota City, near its global headquarters, Toyota said in a statement, adding that it was also building a dedicated line at its nearby Shimoyama plant to produce the tanks which store high-pressure hydrogen gas in vehicles.

Toyota Motor Corp on last month said it plans to build a plant to manufacture hydrogen fuel cell stacks, a key component of fuel cell vehicles, as it seeks to mass manufacture hydrogenpowered cars to expand their usage as

remind U.S. officials that any trade measures must conform to the rules of the World Trade Organizat ion.

If such a measure is taken, "it would be an extremely far-reaching trade sanction that would put the global market into turmoil," Seko said. "We are extremely concerned."

President Donald Trump invoked a provision authorizing the president to restrict imports and impose unlimited tariffs on national security grounds, known as Section 232 of the Trade Expansion Act of 1962.

a zero emissions alternative to gasoline vehicles.

The plant will be built on the grounds of its Honsha Plant in Toyota City, near its global headquarters, Toyota said in a statement, adding that it was also building a dedicated line at its nearby Shimoyama plant to produce the tanks which store high-pressure hydrogen gas in vehicles.Toyota also said it planned to increase global annual sales of fuel cell electric vehicles (FCEVs), including passenger cars and busses, to at least 30,000 from 3,000 now.

considered for the study is 2017, and the market size is projected from 2018 to 2025.

Crucial topics covered in the report includes market overview and dynamics, strategic corporate developments, historical and forecast revenue by product segment, major key companies, and global trade perspective. The report examines micro and macro-economic factors governing the overall growth of the Motorcycle Start-stop System market and makes projections of the overall market by the end of the forecast period. Besides, the report covers regionwise development and direct and indirect impact of various regulations on the Motorcycle Start-stop System market in that particular region.

How China’s 36th-Best Car Company Saved Volvo The auto industry is littered with failed marriages, but the stars aligned for Geely and the Swedish automaker.

Hakan Samuelsson, the chief executive officer of Volvo Car Group, is sitting in the master bedroom in the home of a suburban Stockholm family he’s never met. His company has rented the modernist three-story house of blond wood and whitewashed walls for the media introduction of Volvo’s new station wagon, the V60.

Alternating groups of American, British, German, and Scandinavian journalists crowd in for short question-and-answer sessions. It’s Samuelsson’s first and probably last bedroom interview, but he plays along. “You can lie down and relax,” he tells reporters, gesturing to the queen-size bed as a grin creases his craggy face.

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