Automotive Industry

Automobile sector has revolutionized the life of common people. The automobiles are now the part and parcel of our lives without which its nearly impossible to survive. This sector has contributed to the national exchequer as well as increased the economic activities as well in the form of providing jobs to the people as we have discusses earlier and also gave rise to other allied industries. However the automobile sector of Pakistan is lacking behind the automobile sector of the developed world in terms of the reliability of its products , competitive prices , safety concerns etc. Moreover the current energy crises has also hampered this industry as well . Due to this factor the government also losses its considerable chunk of revenue which it would have otherwise collected.

Recommendations:
1. Government should make 5 years policies for imports. 2. Government should help local automotive industry with low interest rates

and prevent them from terrorist attacks. 3. Government should give less fuel price. 4. Government should not make unfavorable policies for the local industry. 5. Government should import the technology only to manufacture cars. 6. Customers should by local manufactured vehicles. 7. Purchasing power of the customers should be low by implying heavy duty, tax on imported vehicles. 8. Customers should understand that the parts of imported goods are expensive and not easily available. 9. Local automotive industry should focus on both customer satisfaction and environment 10. Local industry should make cars for all type of families (higher, middle, lower)