حکومت نے پانچ سال پرانی گاڑیوں کی گفٹ سکیم اور پرسنل بیگیج سکیم کے تحت درآمد کی اجازت
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ہندو
محفلین
9 دسمبر سے نفاذ ہو گیا ہے اور مقامی اجارہ داران سخت تلمائے ہوئے ہیں اور اسے اپنے پر ظلم عظیم قرار دیا جا رہا ہے۔
ملاحظہ کیجیے ڈیلی ٹائمز کا ایک آرٹیکل
Decision to import used cars termed unfavourable
By Moonis Ahmed
KARACHI: The decision of allowing import of used cars having life up to 5 years has been widely criticised by the local assemblers, saying the move will reduce local volumes, employment and investment opportunities — whereas analysts have termed the decision as unfavorable for the local industry.
The Ministry of Commerce has increased age limit for used cars to 5 years from 3 years under all schemes (personal baggage, gift and transfer schemes), according to the SRO 1/2010.
Decision of allowing import of used cars taken in the past proved a “big failure” for the industry, as it did not provide any incentive to the industry and consumers as well, Shafiq Ahmad Shaikh, spokesman Pak Suzuki said. He said the decision is totally illogical as the local industry is already going though the worst times. Surge in local prices is due to high input cost including high prices of raw material, appreciation of dollar and Japanese yen versus the local currency, he added. “The decision is not only going to hurt the local Original Equipment Manufacturesrs (OEMs) — but local vendors as well”, he said.
Regarding Auto Industry Development Programme (AIDP), he was of the view that this year, no implementation of AIDP has been done by the government — however, the local manufacturers are trying to implement. Pak Suzuki has also started working on AIDP, he claimed.
Analysts expect this would have a slightly negative impact on local assemblers including Indus Motor and Pak Suzuki. This decision will not only affect their volume sales but also restrict companies to increase car prices frequently to maintain their margins, Furqan Punjani, a sector analyst said. He said that additional 5000 cars could be imported in FY11 if this decision is implemented within a few weeks. Last year in FY10, total sales (local and imported) stood at 150,000 units while only imported cars sales remained around 5.5k. The imported cars can go up to 10000-13000 units. Three year back, the situation was similar when cars having life up to 5 years were allowed to import. At that time, annual total imports were somewhere around 40k-45k units. However, this time, the situation is different when import duty rates are even higher, with relatively higher rupee-dollar parity and restricted consumer financing.
Analysts expect that the higher imports could be seen in low-end car segment that is between 1000-1300cc segments. In this segment, Pak Suzuki and Indus will be affected. “In used cars ‘Vitz’ model, which is famous in this segment, will give tough time to newly launched Swift, Alto and Cultus (brands of Pak Suzuk) while some impact would also be seen on Coure (brand of Indus Motor),” he added.
This development will be an adverse one for the local auto manufacturers, leading to a dampened demand outlook for locally manufactured cars, Atif Zafar, analyst at JS Research said. Previously, when the age limit was reduced to 3 years from 5 years in FY08, the share of imported cars decreased to 6 percent from an average 17 percent, he said. Raza Ansari, Director Marketing Indus Motors Company said that auto manufactures growth in local industry could never be achieved in the presence of the business of import of used cars.
He said that the decision will not benefit the local industry as it will reduce the volumes, restrict employment and investment opportunities – however, the local industry is providing employment to over 2,000 people directly and 150,000 people indirectly. Raza said that decision taken years ago allowing import of used cars cannot be compared this time as the industry is operating in very tough conditions. Criticising the decision, he said the government has allowed import in schemes like personal baggage, gift and transfer schemes and according to law trade cannot be done in these schemes.
A spokesman of APMDA said that the government has only allowed cars import it should also allow vehicles like vans and hi-roof for the choice of consumers.
It is worth mentioning that the local industry has contributed over Rs 19 billion towards national exchequer, and has purchased local parts worth more than Rs 15 billion to develop self-reliance. It increased the country’s technical capital by the transfer of technology from leading global manufacturing concerns. To enhance industry’s production capacity, manufacturers have committed an investment of Rs 1.6 billion in addition to the Rs 3.3 billion already invested over the last three years. It is worth mentioning that car sales jumped by 50 percent in 2009-10, sales had declined by eight percent in 2007-08 and further fell to 47 per cent in 2008-09. However, the industry had started to recover in 2009-10 but was still below the level of its peak year i.e. 2006-07. Similarly, the production of cars has also witnessed an impressive growth of 44 percent during the 2009-10.
ملاحظہ کیجیے ڈیلی ٹائمز کا ایک آرٹیکل
Decision to import used cars termed unfavourable
By Moonis Ahmed
KARACHI: The decision of allowing import of used cars having life up to 5 years has been widely criticised by the local assemblers, saying the move will reduce local volumes, employment and investment opportunities — whereas analysts have termed the decision as unfavorable for the local industry.
The Ministry of Commerce has increased age limit for used cars to 5 years from 3 years under all schemes (personal baggage, gift and transfer schemes), according to the SRO 1/2010.
Decision of allowing import of used cars taken in the past proved a “big failure” for the industry, as it did not provide any incentive to the industry and consumers as well, Shafiq Ahmad Shaikh, spokesman Pak Suzuki said. He said the decision is totally illogical as the local industry is already going though the worst times. Surge in local prices is due to high input cost including high prices of raw material, appreciation of dollar and Japanese yen versus the local currency, he added. “The decision is not only going to hurt the local Original Equipment Manufacturesrs (OEMs) — but local vendors as well”, he said.
Regarding Auto Industry Development Programme (AIDP), he was of the view that this year, no implementation of AIDP has been done by the government — however, the local manufacturers are trying to implement. Pak Suzuki has also started working on AIDP, he claimed.
Analysts expect this would have a slightly negative impact on local assemblers including Indus Motor and Pak Suzuki. This decision will not only affect their volume sales but also restrict companies to increase car prices frequently to maintain their margins, Furqan Punjani, a sector analyst said. He said that additional 5000 cars could be imported in FY11 if this decision is implemented within a few weeks. Last year in FY10, total sales (local and imported) stood at 150,000 units while only imported cars sales remained around 5.5k. The imported cars can go up to 10000-13000 units. Three year back, the situation was similar when cars having life up to 5 years were allowed to import. At that time, annual total imports were somewhere around 40k-45k units. However, this time, the situation is different when import duty rates are even higher, with relatively higher rupee-dollar parity and restricted consumer financing.
Analysts expect that the higher imports could be seen in low-end car segment that is between 1000-1300cc segments. In this segment, Pak Suzuki and Indus will be affected. “In used cars ‘Vitz’ model, which is famous in this segment, will give tough time to newly launched Swift, Alto and Cultus (brands of Pak Suzuk) while some impact would also be seen on Coure (brand of Indus Motor),” he added.
This development will be an adverse one for the local auto manufacturers, leading to a dampened demand outlook for locally manufactured cars, Atif Zafar, analyst at JS Research said. Previously, when the age limit was reduced to 3 years from 5 years in FY08, the share of imported cars decreased to 6 percent from an average 17 percent, he said. Raza Ansari, Director Marketing Indus Motors Company said that auto manufactures growth in local industry could never be achieved in the presence of the business of import of used cars.
He said that the decision will not benefit the local industry as it will reduce the volumes, restrict employment and investment opportunities – however, the local industry is providing employment to over 2,000 people directly and 150,000 people indirectly. Raza said that decision taken years ago allowing import of used cars cannot be compared this time as the industry is operating in very tough conditions. Criticising the decision, he said the government has allowed import in schemes like personal baggage, gift and transfer schemes and according to law trade cannot be done in these schemes.
A spokesman of APMDA said that the government has only allowed cars import it should also allow vehicles like vans and hi-roof for the choice of consumers.
It is worth mentioning that the local industry has contributed over Rs 19 billion towards national exchequer, and has purchased local parts worth more than Rs 15 billion to develop self-reliance. It increased the country’s technical capital by the transfer of technology from leading global manufacturing concerns. To enhance industry’s production capacity, manufacturers have committed an investment of Rs 1.6 billion in addition to the Rs 3.3 billion already invested over the last three years. It is worth mentioning that car sales jumped by 50 percent in 2009-10, sales had declined by eight percent in 2007-08 and further fell to 47 per cent in 2008-09. However, the industry had started to recover in 2009-10 but was still below the level of its peak year i.e. 2006-07. Similarly, the production of cars has also witnessed an impressive growth of 44 percent during the 2009-10.
ہندو
محفلین
جی ہاں قیمت میں بھی کمی ہو گی اور معیاری گاڑی بھی میسر آئے گی۔
اب چھ لاکھ مہران کے دے کر ملتا کیا ہے۔۔۔ ٹین ڈبہ۔۔۔۔ جس میں ظالموں نے ریڈیو تک نہیں لگایا ہوتا۔۔
اور ٹیکنالوجی کا کمال دیکھیں عام بازار سے ملنے والے سستے پیچوں سے مختلف حصوں کو جوڑا گیا ہے۔
اور بہت سی جگہ پر سیلیکون نامی پیسٹ سے اشیاء کو جوڑا گیا ہے۔
اب چھ لاکھ مہران کے دے کر ملتا کیا ہے۔۔۔ ٹین ڈبہ۔۔۔۔ جس میں ظالموں نے ریڈیو تک نہیں لگایا ہوتا۔۔
اور ٹیکنالوجی کا کمال دیکھیں عام بازار سے ملنے والے سستے پیچوں سے مختلف حصوں کو جوڑا گیا ہے۔
اور بہت سی جگہ پر سیلیکون نامی پیسٹ سے اشیاء کو جوڑا گیا ہے۔
mfdarvesh
محفلین
سنا ہے کہ کسی اعلی حکومتی شخصیت کا پیٹ بھرنے کے لئے یہ سب کیا جا رہاہے۔ ایک ہی بندہ دس ہزار گاڑیاں منگوائے گا اس کا پیپر ورک مکمل ہے اور بعد میں اس اجازت کو ختم کر دیا جائے گا۔
آپ نے درست کہا ہے، عموما ایسا ہی ہوتا ہے، کسی ایک کو نوازنے کے لیے سب ڈرامہ کیا جاتا ہے، بلکہ امپورٹ کا آرڈر ہو چکا ہوگا
ہندو
محفلین
سنا ہے کہ کسی اعلی حکومتی شخصیت کا پیٹ بھرنے کے لئے یہ سب کیا جا رہاہے۔ ایک ہی بندہ دس ہزار گاڑیاں منگوائے گا اس کا پیپر ورک مکمل ہے اور بعد میں اس اجازت کو ختم کر دیا جائے گا۔
درست کہا ۔۔۔