The import of cars (over 90 per cent of them used) jumped by 35pc to $218.4 million during the first 10 months of this fiscal year compared to $161m a year earlier.

All Pakistan Motor Dealers Association (APMDA) Chairman H.M. Shahzad said importers of used cars are in a hurry to accumulate vehicles ahead of upcoming budget, fearing any negative decision that could push up the cost of imports.

Around 33,000 used cars landed in Pakistan during July-April 2014-15 compared to 22,220 in the entire FY14. The share of 660cc cars was 70-80pc, followed by 10pc of used hybrid vehicles.

Please read the full DAWN story here.The import of cars (over 90 per cent of them used) jumped by 35pc to $218.4 million during the first 10 months of this fiscal year compared to $161m a year earlier.

All Pakistan Motor Dealers Association (APMDA) Chairman H.M. Shahzad said importers of used cars are in a hurry to accumulate vehicles ahead of upcoming budget, fearing any negative decision that could push up the cost of imports.

Around 33,000 used cars landed in Pakistan during July-April 2014-15 compared to 22,220 in the entire FY14. The share of 660cc cars was 70-80pc, followed by 10pc of used hybrid vehicles.

Please read the full DAWN story here.