Darson Industries Pvt Ltd Wazirabad, manufacturer of automotive rubber hose pipes and rubber moulded parts signed a collaboration agreement with Butsch GmBH Germany for sales of automotive rubber products to vehicle manufacturing industry in Germany and other European Countries. Mr. Thomas Butsch, CEO of Butsch GmBH, a leading company in Europe which had 12 million
KARACHI: Chairman of the Pakistan Association of Auto Parts and Accessories Manufacturers, Mashood Ali Khan, will lead members of the Association at the Hannover Messe, the world’s biggest industrial fair in Hannover, Germany, scheduled to take place from April 24 to 28, 2017. The 30-member PAAPAM delegation will exhibit at the event under the umbrella
Hyundai Motor Company plans to set up a car assembly plant in Pakistan in a joint venture with local textile firm Nishat Mills and Sojitz Corporation Tokyo another local tractors assemblers, Millat Tractors shall also be minority share holder. Hyundai used to assemble cars in Pakistan until 2004 but withdrew after their local partner Dewan
Amid inconsistency in the policy as always blamed by the existing auto assemblers – the new foreign auto makers are highly optimistic for a promising future of Pakistan’s car and heavy vehicle sectors especially. They see a robust demand of cars in view of low interest rates and rising standard of living of middle class.
Apparently it seems that new auto policy 2016-21 is has made a positive impact on the automobile industry of Pakistan. Some big international players already announced their intentions to enter into Pakistan automobile industry like Audi, Volkswagen and Peugeot. On the other hand some Korean and European Car makers already joined hands with Pakistani partners.