CORPORATE WINDOW: A legacy of unachieved auto goals

With the current auto policy soon expiring in June 2026, it is unfortunate that targets fixed under it between 2007 and 2025 have remained largely unmet owing to multiple reasons, but primarily due to the lack of consistent implementation by the government of its own policies. As per a report prepared by the Pakistan Automotive Parts and Accessories Manufacturers Association (Paapam), the low demand of vehicles, dwindling share of the auto sector in the gross domestic product (GDP), inconsistent policies, misusing the used-car import scheme, slow employment growth and exports were some of the main issues that were targeted and never achieved by successive governments.