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Parvez Ghias, chairman of Pakistan Automotive Manufacturers Association (PAMA), welcomed the decision, and said that this was critical time for local auto assemblers.
He said the government acted decisively in the greater national interest. The industry will continue to uphold ‘customer comes first’ philosophy in line with our vision, he added.
Going forward, we hope that the Auto Industry Development Plan will also be approved in the same spirit to give an impetus to the industry, he said.
All Pakistan Motor Dealers Association (APMDA) has called the decision unfair and unjust.
H.M Shahzad, chairman of APMDA said the decision is tantamount to a sheer setback to the import of used cars, as with this age limit and present depreciation policy prices of cars will become prohibitively high and unfeasible, he added.
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