Pakistan, Aug. 2 -- Pakistan's local car industry is facing a serious threat due to rising used car imports, which could cause a loss of Rs60 billion and force 40,000 workers out of jobs. Auto parts manufacturers and vendors have warned that if the government allows free commercial import of used cars from September, the entire car assembly industry may shut down within two years.

Former chairman of the Pakistan Association of Automotive Parts and Accessories Manufacturers (PAAPAM), Aamir Allawala, stated that used cars already make up 25% of the market, with over 40,000 units arriving annually. In contrast, countries like India, Vietnam, and Thailand have strict rules, keeping used car imports below 1.5%. Their high import duties and st...