Pakistan's Automotive Bodies Request Government Support

The Pakistan Automotive Manufacturers Association (PAMA) and Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM) have approached the government for help in arresting the decline of the country's automotive sector. The Business Recorder quotes sources as saying that the industry's car production volume has been halved from 180,000 units to 90,000 units, largely as a result of escalating raw material costs and interest rates. This in turn is taking its toll on parts suppliers. The associations claim that the rate of annual car output can be maintained at around 165,000 units with government backing, as achieved in FY08 by

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